Methuen Youth Basketball Association Inc
- Assets
- $36.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Methuen, MA
- Founding
- 12/2015
- Data as of
- 06/2023
- EIN
- 04-3426731
Organization Overview
Methuen Youth Basketball Association Inc is located in Methuen, MA. The organization was established in 2015. 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. Methuen Youth 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 06/2023, Methuen Youth Basketball Association Inc generated $139.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $146.3k during the year ending 06/2023. While expenses have increased by 4.1% 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
TO CONDUCT A BASKETBALL PROGRAM INVOLVING OVER 300 CHILDREN LEARNING SPORTSMANSHIP, TEAMWORK AND THE VALUE OF FAIR PLAY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Labelle President | 10 | $0 | |
Kevin Mazella Vice Preside | 5 | $0 | |
Beth Henrick Treasurer | 5 | $0 | |
Kim Quinn Secretary | 5 | $0 | |
Bill Bryant Director | 5 | $0 | |
Lynn Catarus Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,346 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,367 |
| 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 | $2,610 |
| Occupancy, rent, utilities, and maintenance | $24,123 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $119,575 |
| Total expenses | $146,308 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,148 |
| Other assets | $0 |
| Total assets | $36,148 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,148 |