Preheat oven to 400°F; coat a broiler pan (or other draining ovensafe pan) with nonstick spray; set aside.
In a small sauce pan, over medium heat, combine all sauce ingredients; bring to a bubbly boil; continue cooking, stirring continually, until thickened enough to coat the back of a spoon (~2 minutes); remove from heat.
In a large bowl, combine all meatball ingredients with food-safe (vinyl or nitrile; powder-and latex-free) gloved hands.
Form .5 oz balls (~ 40) meatballs.
Place meatballs onto prepared baking pan; bake 20 minutes.