Wibca
- Assets
- $53.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edmonds, WA
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 26-4593613
Organization Overview
Wibca is located in Edmonds, WA. The organization was established in 2014. 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. Wibca 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, Wibca generated $152.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $142.4k during the year ending 12/2023. While expenses have increased by 11.2% per year over the past 7 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
FOCUS ON HIGH SCHOOL ATHLETES BY PROVIDING CLINICS AND GAMES THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Harris President | 5 | $0 | |
Gary Wusterbarth Vice President | 2 | $0 | |
Bruce Siebol Secretary | 3 | $0 | |
Nalin Sood Executive Director/treasurer | 20 | $5,500 | |
Pat Fitterer Past President | 3 | $1,000 | |
Bill Bakamus Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,433 |
| Total Program Service Revenue | $102,380 |
| Membership dues | $6,970 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,783 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,000 |
| Professional fees and other payments to independent contractors | $3,375 |
| Occupancy, rent, utilities, and maintenance | $1,372 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $117,735 |
| Total expenses | $142,394 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,272 |
| Other assets | $0 |
| Total assets | $53,545 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,545 |