Madison Youth Basketball Association
- Assets
- $53.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, CT
- Founding
- 11/2008
- Data as of
- 12/2023
- EIN
- 06-1426933
Organization Overview
Madison Youth Basketball Association is located in Madison, CT. The organization was established in 2008. 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. Madison Youth Basketball Association 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 12/2023, Madison Youth Basketball Association generated $66.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $89.5k during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 9 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 YOUTH AND ADULT BASKETBALL AND TEAM SPORTS FOR APPROXIMATELY 185 CHILDREN AND ADULTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jassa Canth President | 5 | $0 | |
Ed O'malley Vice President-Boys | 2 | $0 | |
Mike Schwartz Vice President-Girls | 2 | $0 | |
Emily Rosenthal Vice President-Community Relations | 1 | $0 | |
Edward Miller MD PHD Health Director | 1 | $0 | |
Randy Howe Past President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $66,179 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,179 |
| 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 | $15,295 |
| Occupancy, rent, utilities, and maintenance | $13,791 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,384 |
| Total expenses | $89,470 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,207 |
| Other assets | $0 |
| Total assets | $53,207 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,207 |