philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Lightning Basketball INC

Tax-deductible

Levittown, NY501(c)(3)Since 1993Recreation & SportsEIN 11-3633046Revenue $1.8M in FY2024

On file with the IRSlongislandlightning.com22 Ring Ln, 11756-2623 · Levittown, NYTax-exempt since Dec 2001Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

Long island Lightning is an organization that is devoted to children, ages 9-17, and their development of Basketball skills.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $43K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
2
named funders · $25K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
1
of 3 voting members
Worth a look: 1 of 3 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
-4% vs prior year
Spent
$2.1M
To programs
81%
Net assets
$0
By yearFY2020–FY2024
Revenue
$1.8M
FY2024▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$279K
FY2021$1.3M
FY2022$1.6M
FY2023$1.9M
FY2024$1.8M
Expenses
$2.1M
FY2024▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$279K
FY2021$1.3M
FY2022$1.8M
FY2023$1.7M
FY2024$2.1M
Net assets
$0
FY2024
Tap a bar for its year
Net assets by fiscal year
FY2020−$224K
FY2021−$199K
FY2022$0
FY2023$0
FY2024$0

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $1.7M Management & general 19% · $407K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
James M Fox
Executive Director & CFO
$0Pt VII · Sec A
James P Fox
Associate Directors
$0Pt VII · Sec A
Karen Cammer
Associate Directors
$0Pt VII · Sec A
See Lightning Basketball INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Develops basketball skills for children aged 9-17.

Questions for Lightning Basketball INC

Tap to ask. Lightning Basketball INC sees how many people are interested.

Your first name shows with your question. Lightning Basketball INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $1.7M · in their own filed words · FY2024
01

We have compiled in excess of 240 teams (approximately 2700 boys and girls) who were selected after conducting open tryouts which were advertised in newspapers and local sports facilities. Each team played approximately 30-40 games in tournaments held throughout the united states.

$1.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
PWC Foundation INCFY2023$25K
Amazonsmile FoundationFY2023$11
Total grants receivedfrom 2 funders$25K

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.6M
Gifts and grantsLn 1h$237K
Money outPt IX
$2.1M
Ln 25
Programscol B$1.7M
Managementcol C$407K
Owns and owesPt X
$0
net assets · Ln 32
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$237K
Fees for servicesLn 2g$1.6M
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Total assetsLn 16$0$0
LiabilitiesLn 26$0$0
Net assetsLn 32$0$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$203K$203K$0$0
Payroll taxesLn 10$74K$74K$0$0
Other expenses (24a–d)Ln 24$964K$964K$0$0
All other expensesLn 24e$864K$457K$407K$0
Total functional expensesLn 25$2.1M$1.7M$407K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.8M$2.1M−$266K$0 990 PDF
FY2023 $1.9M$1.7M$224K$0 990 PDF
FY2022 $1.6M$1.8M−$198K$0 990 PDF
FY2021 $1.3M$1.3M$26K−$199K 990 PDF
FY2020 $279K$279K$550−$224K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,838,639 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $756,673$237,453
I-9 Program service revenuePrior year $1,155,672$1,601,186
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $1,912,345$1,838,639
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $250,353$276,852
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,846,101$1,827,885
I-18 Total expensesPrior year $2,096,454$2,104,737
I-19 Revenue less expensesPrior year −$184,109−$266,098
Part VI · Governance 1 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members1
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $1,838,639 across 4 lines filed
VIII-1f All other contributions, gifts and grants$237,453
VIII-1h Total contributions, gifts and grants$237,453
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$1,601,186
VIII-12 Total revenueRelated to mission $1,601,186 · Unrelated business $0 · Excluded from tax $0$1,838,639
Part IX · Statement of functional expenses $2,104,737 across 4 lines filed
IX-7 Other salaries and wagesPrograms $202,507 · Management $0 · Fundraising $0$202,507
IX-10 Payroll taxesPrograms $74,345 · Management $0 · Fundraising $0$74,345
IX-24 Other expenses (24a–d)Programs $963,745 · Management $0 · Fundraising $0$963,745
IX-24e All other expensesPrograms $456,932 · Management $407,208 · Fundraising $0$864,140
IX-25 Total functional expensesPrograms $1,697,529 · Management $407,208 · Fundraising $0$2,104,737
Part X · Balance sheet $0 assets, 4 lines filed
X-16 Total assetsStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$0
X-33 Total liabilities and net assetsStart of year $0$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$1,838,639
XI-2 Total expenses$2,104,737
XI-3 Revenue less expenses−$266,098
XI-8 Prior period adjustments$266,098
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.