Medway Amateur Basketball Association Inc
- Assets
- $47.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Medway, MA
- Founding
- 01/2003
- Data as of
- 08/2023
- EIN
- 04-3100508
Organization Overview
Medway Amateur Basketball Association Inc is located in Medway, MA. The organization was established in 2003. According to its NTEE Classification (N62) the organization is classified as: Basketball, 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. Medway Amateur 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 08/2023, Medway Amateur Basketball Association Inc generated $87.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $94.5k during the year ending 08/2023. 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
CONDUCT ORGANIZED BASKETBALL GAMES AND EDUCATIONAL AND INSTRUCTIONAL PROGRAMS FOR CHILDREN IN THE TOWN OF MEDWAY AND SURROUNDING AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Grady Director | 5 | $0 | |
Todd Alessandri Treasurer | 5 | $0 | |
Glenn Trindade Director | 1 | $0 | |
Mark Ernest Girard Director | 1 | $0 | |
Alisha Perdue Director | 1 | $0 | |
Barry Schroeder Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,355 |
| Total Program Service Revenue | $73,018 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,388 |
| 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 | $900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $93,551 |
| Total expenses | $94,451 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,675 |
| Other assets | $0 |
| Total assets | $47,675 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,675 |