Satellite Athletic Association Inc
- Assets
- $222.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- Data as of
- 12/2020
- EIN
- 23-7111562
Organization Overview
Satellite Athletic Association Inc is located in Oklahoma City, OK. 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. Satellite Athletic 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 12/2020, Satellite Athletic Association Inc generated $21.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $33.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
PROVID A GYM, PERSONNEL, UNIFOMRS AND STRUCTURE FOR KIDS TO PLAY ORGANIZED BASKETBALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Bradford President | 5 | $0 | |
Don Cornett Vice President | 1 | $0 | |
S Pat Gerhardt Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $21,862 |
| Membership dues | $0 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,887 |
| 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 | $725 |
| Occupancy, rent, utilities, and maintenance | $14,920 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,327 |
| Total expenses | $32,972 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,387 |
| Other assets | $0 |
| Total assets | $222,909 |
| Total liabilities | $0 |
| Net assets or fund balances | $222,909 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Basketball Coaches Kansas City, MO | $7,492,975 | $6,879,648 |
Gabl Youth Sports Foundation Inc Lenexa, KS | $46,974 | $1,304,674 |
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Lake Of The Ozarks Shootout Sunrise Beach, MO | $47,312 | $973,884 |
Colorado Titans Basketball Club Erie, CO | $120,554 | $938,742 |
Mk Youth Foundation Lenexa, KS | $160,371 | $514,000 |
Fab44 Basketball Little Rock, AR | $330,408 | $643,978 |
Knights Basketball Academy Midwest St Charles, MO | $215,472 | $572,008 |
3 The Harden Way Inc Houston, TX | $336,712 | $584,859 |
Katy Youth Basketball Inc Katy, TX | $227,732 | $452,078 |
Texas Tar Heels Basketball Academy Inc Lewisville, TX | $61,936 | $350,622 |
Austin Lady Magic Austin, TX | $23,821 | $302,214 |