Farmingdale Baseball League Inc
- Assets
- $98.0k
- Revenue
- $143.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Farmingdale, NY
- Founding
- 03/1967
- Data as of
- 06/2024
- EIN
- 11-6080522
Organization Overview
Farmingdale Baseball League Inc is located in Farmingdale, NY. The organization was established in 1967. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. Farmingdale Baseball League 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 06/2024, Farmingdale Baseball League Inc generated $143.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $143.6k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SPORTS AND INSTRUCTION FOR LOCAL YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASEBALL LEAGUE FOR BOYS AND GIRLS WHICH PROVIDES INSTRUCTION AND SPORTS FOR LOCAL YOUTH.
A)BASEBALL LEAGUE FOR BOYS AND GIRLS ROOKIE LEAGUE-6 YEAR OLD BOYS AND GIRLS B)A LEAGUE-7 YEAR OLD BOYS AA LEAGUE-8 YEAR OLD BOYS AAA LEAGUE-9 YEAR OLD BOYS BOYS JR.-10 & 11 YEAR OLD BOYS C)BOYS SENIOR-12 & 13 YEAR OLD BOYS BOYS MAJOR-15 & 17 YEAR OLD BOYS D) GIRLS FARM-7-9 YEAR OLD GIRLS GIRLS JR.-10-13 YEAR OLD GIRLS GIRLS SENIOR-14-17 YEAR OLD GIRLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lou Ferraiolo 2nd Vice Pr | Officer | $0 | |
Chris Horowitz 1st Vice Pre | Officer | $0 | |
Mike Logerfo 2nd Vice Pre | Officer | $0 | |
Paul Quinn Treasurer | Officer | $0 | |
James Sebber 2nd Vice Pr | Officer | $0 | |
Kevin Sweeney Secretary | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,300 |
| Total Program Service Revenue | $142,146 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $143,469 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,211 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,468 |
| Travel | $1,562 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,531 |
| Insurance | $9,271 |
| All other expenses | $46,176 |
| Total functional expenses | $143,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,772 |
| Savings and temporary cash investments | $14,251 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,250 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,752 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $98,025 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $49,157 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $48,868 |
| Total liabilities and net assets/fund balances | $98,025 |