Walpole Youth Baseball Foundation is located in Walpole, NH. The organization was established in 2009. 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. Walpole Youth Baseball Foundation 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 12/2022, Walpole Youth Baseball Foundation generated $539.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $305.5k during the year ending 12/2022. While expenses have increased by 2.6% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AREA BASEBALL ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Brown Trustee | 0 | $0 | |
Dale Hubbard Trustee | 0 | $0 | |
James Neal Trustee | 0 | $0 | |
Michael Hubbard Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,205 |
| Interest on Savings | $16 |
| Dividends & Interest | $168,124 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $310,174 |
| Capital Gain Net Income | $336 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,621 |
| Total Revenue | $539,140 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $42,594 |
| Pension plans, employee benefits | $3,810 |
| Interest | $0 |
| Taxes | $5,178 |
| Depreciation | $106,408 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $112,894 |
| Total operating and administrative expenses | $305,458 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $305,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,316 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,201 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $466,397 |
| Net Land, buildings, and equipment | $3,540,960 |
| Other assets | $0 |
| Total assets | $7,954,886 |
| Accounts payable and accrued expenses | $762 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $762 |