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New York · Nonprofit

FAST BREAK FUND INC

FAST BREAK FUND INC (New York) receives grants from 14 organizations whose IRS filings report $74,513 to it, the largest being ROSE & KIERNAN CHARITABLE FOUNDATION INC ($21,000). 9 of them have funded it in more than one year.

Revenue FY2022
$7k
Funders on record
14
Grants received
$75k
Net assets
$142k
9/14 repeat funderspeak grant-dependency 35%
01What it does

What Fast Break Fund Inc does

Mission

The fast break fund is designed to enrich the lives of children living with special needs and underprivileged children in our community. We believe that through exposure and participation in sports, children gain valuable life-long skills such as teamwork, discipline, responsibility and physical fitness.

As stated on its FY2022 Form 990.

Programs

  1. Providing scholarship assistance for summer sports camps, leagues and college tuition.

    $32,843 spentof which $32,843 as grants
    98% of program spending
  2. Organizing and operating summer sports camps.

    $708 spent$37 earned by the program
    2% of program spending

The 2 programs described on its FY2021 Form 990, listed largest first by expense. Program spending in total: $33,551.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($76k) Expenses 100 ($65k) Net assets 100 ($160k)2018 Revenue 143 ($108k) Expenses 124 ($80k) Net assets 118 ($188k)2019 Revenue 129 ($98k) Expenses 150 ($97k) Net assets 118 ($189k)2020 Revenue 59 ($45k) Expenses 72 ($47k) Net assets 117 ($187k)2021 Revenue 26 ($19k) Expenses 58 ($38k) Net assets 106 ($169k)2022 Revenue 9 ($7k) Expenses 52 ($34k) Net assets 89 ($142k)
201720182019202020212022
Revenue (9)Expenses (52)Net assets (89)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $160k to $188k (+18%).

$160k
$188k
$189k
$187k
$169k
$142k
201720182019202020212022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
ContributionsProgram revenueInvestmentOther

87% of FAST BREAK FUND INC’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).

This organization
Typical peer · 15,075 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

$11k
’17
$28k
’18
$883
’19
−$2k
’20
−$18k
’21
−$27k
’22
50
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201720182019202020212022
Listed565544
Joined·+1+0+0+0+0
No longer listed·01010
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 5 funders to 2 funders, grant income fell $10k → $3k.

2 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FAST BREAK FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FAST BREAK FUND INC has a broad base — no single funder exceeds 28% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

28%
largest funder
70%
top three
~6
effective funders

Largest funder’s share by year: 2017 63% · 2018 54% · 2019 45% · 2020 31% · 2021 94% · 2022 99% · 2023 99% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

38% of FAST BREAK FUND INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

99% of FAST BREAK FUND INC's grant income comes from New York funders.

NY
CT

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $15k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FAST BREAK FUND INC holds deeper cash reserves than three-quarters of the 12,485 recreation & sports nonprofits its size.

Operating margin−372% · bottom quartile
Months of reserve50.4mo · top quartile
Revenue growth (annualized)−38% · bottom quartile

this organization peer median middle 50% of peers· 12,485 recreation & sports nonprofits under $100k, FY2022

Organizations like FAST BREAK FUND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

4
board members
25%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

88%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 8 related entities

  • Spa City Management LLC · partnership
  • Anthony J Hynes Irrevocable Trust 2 · corp_trust
  • Anthony J Hynes Irrevocable Trust 3 · corp_trust
  • Anthony J Hynes Irrevocable Trust 4 · corp_trust
  • Anthony J Hynes Irrevocable Trust FBO Riley Hynes · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for FAST BREAK FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FAST BREAK FUND INC?
FAST BREAK FUND INC (New York) receives grants from 14 organizations whose IRS filings report $74,513 to it, the largest being ROSE & KIERNAN CHARITABLE FOUNDATION INC ($21,000). 9 of them have funded it in more than one year.
How many funders does FAST BREAK FUND INC have?
IRS filings report 14 organizations giving $74,513 in grants to FAST BREAK FUND INC, 9 of which have funded it in more than one year.
Who is the largest funder of FAST BREAK FUND INC?
ROSE & KIERNAN CHARITABLE FOUNDATION INC is the largest funder on record, with $21,000 in grants. The full list of funders is on this page.
How can an organization like FAST BREAK FUND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2017–2022), and the filings of 14 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing