Norwood Basketball Association Inc
- Assets
- $44.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norwood, MA
- Founding
- 05/1987
- Data as of
- 04/2023
- EIN
- 04-2943340
Organization Overview
Norwood Basketball Association Inc is located in Norwood, MA. The organization was established in 1987. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norwood Basketball Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, Norwood Basketball Association Inc generated $94.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $80.8k during the year ending 04/2023. While expenses have increased by 2.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES AN IN-TOWN INTRAMURAL BASKETBALL PROGRAM SERVICING 700 CHILDREN IN KINDERGARTEN - EIGTH GRADE, AS WELL AS A TRAVEL PROGRAM SERVICING 200 CHILDREN IN GRADES FOUR - EIGHT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Darcangelo Director | 2 | $0 | |
Eric Bedard Director | 2 | $0 | |
Allan Becker President | 5 | $0 | |
Tony Earle Director | 2 | $0 | |
Chris Fraioli Director | 2 | $0 | |
Tim Reen Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $645 |
| Total Program Service Revenue | $0 |
| Membership dues | $65,536 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,395 |
| Other Revenue | $0 |
| Total Revenue | $94,576 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,686 |
| Occupancy, rent, utilities, and maintenance | $17,086 |
| Printing, publications, postage, and shipping | $323 |
| Other expenses | $30,487 |
| Total expenses | $80,832 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,402 |
| Other assets | $0 |
| Total assets | $44,402 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,402 |