2025-02-24T09:08:12-06:00 2023-12-31 043100673 LCW CPAs 303 Canal Street Suite 200 Lawrence MA 01840 990 2023-01-01 474540840 Suenos Basketball Inc SUEN 9783905250 4 Vandergrift St Lawrence MA 01843 Stephanie Nunez President 9783905250 2025-02-24 1 0 Shannon B Lee CPA P02370900 9786898822 2025-02-24 2023 2025-03-06 01:10:19Z Stephanie Nunez 4 Vandergrift St Lawrence MA 01843 424589 0 X www.suenosbasketball.org X 2015 MA See Schedule O. 5 5 8 0 0 0 217151 388280 31343 36309 0 0 0 0 248494 424589 1000 2600 0 0 59063 111741 0 0 0 173909 189866 233972 304207 14522 120382 15585 140457 28097 32587 -12512 107870 Our mission is to contribute to the holistic development of the youth in the city of Lawrence and nearby towns. The primary goal is to develop the kids mindset through basketball by having an educational and sports program that help them understand responsibilities. 0 0 201687 2600 36309 Basketball Educational Programs and Activities for about 187 boys and girls 14255 Basketball Leadership Academy and Parents workshops for about 105 families 33953 AAU Tournament and Exchange Tournament for about 84 boys and girls 249895 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MA X Arleen Zorrilla 9783905250 2 Linden St Lawrence MA 01841 X Stephanie Nunez President 4.00 X 0 0 0 Arleen Zorrill Treasurer 2.00 X 0 0 0 Kervin Valdez Vice President 1.00 X 0 0 0 Glenny Javier Clerk 5.00 X 0 0 0 Laura Dilone Director 4.00 X 0 0 0 0 0 0 0 0 0 0 0 388280 388280 Basketball Program 611620 36309 36309 36309 424589 36309 0 0 2600 2600 100180 100180 11561 11561 25594 25594 12789 12789 4150 4150 763 763 15723 15723 3358 3358 35800 34368 1432 9343 9343 18665 18665 275 275 6567 3152 3415 Tournament expenses 30738 29816 922 Other program related c 20747 20332 415 Uniforms 3392 3392 Telephone 1962 1962 304207 249895 54312 0 15585 135232 5500 275 0 5225 15585 140457 6090 28097 26497 28097 32587 X 0 0 0 0 -12512 107870 -12512 107870 15585 140457 120382 0 X 1 X 0 0 0 X 77904 71014 40485 217151 388280 794834 42064 31343 36309 109716 77904 71014 82549 248494 424589 904550 904550 904550 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5500 275 5225 5225 X Part X, Line 2: Income taxes are accounted for in accordance with the Accounting Standards Codification Topic 740 "Income Taxes" (ASC 740). The Organization accounts for uncertain income tax positions under ASC 740. ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provides guidance on de-recognition, classification, interest and penalties, disclosure and transition. As of December 31, 2023, the Organization had no material unrecognized tax benefits and no adjustments to liabilities or operations were required under ASC 740. The Organization's practice was and continues to be to recognize interest and penalty expenses related to uncertain tax positions in income tax expense, which was zero for the year ended December 31, 2023. 990, Part I, Line 1 Charitable and educational to become part of the integral development of the upcoming generation through basketball educational and sports program. Form 990, Part VI, Section B, line 11b Completed Form 990 will be presented to the Board of Directors prior to IRS filing. Form 990, Part VI, Section C, line 18 Available upon request Form 990, Part VI, Section C, line 19 Available upon request