Colchester Youth Basketball League Inc
- Assets
- $41.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colchester, CT
- Founding
- 06/2011
- Data as of
- 09/2022
- EIN
- 27-3660061
Organization Overview
Colchester Youth Basketball League Inc is located in Colchester, CT. The organization was established in 2011. According to its NTEE Classification (N80) the organization is classified as: Professional Athletic Leagues, 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. Colchester Youth Basketball 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 09/2022, Colchester Youth Basketball League Inc generated $62.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $44.6k during the year ending 09/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE OBJECTIVE OF THIS ORGANIZATION, TO THE BEST OF ITS ABILITY, PROVIDE THE YOUTH OF COLCHESTER THE OPPORTUNITY TO LEARN AND PLAY BASKETBALL IN A POSITIVE ENVIRONMENT. THIS DEVELOPMENT OBJECTIVE INCLUDES, BUT IS NOT LIMITED TO, TEAMWORK, SPORTSMANSHIP, RULES OF BASKETBALL, BASKETBALL SKILLS; AND THE POSITIVE EXPERIENCE OF COMPETITION. PARTICIPATION MAY BE BOTH INTRA-TOWN AND INTER-TOWN. THE PROGRAM SERVED 295 RECREATIONS PLAYERSS AND 79 TRAVEL PLAYERS DURING THE BASKETBALL SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gina Henderson Secretary | 1 | $0 | |
Jeffrey Koonankeil President | 1 | $0 | |
Kimberly Radachy Treasurer | 1 | $0 | |
Lauren Beeler Vice President | 1 | $0 | |
Erin Mancuso Registrar | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $54,850 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,462 |
| Other Revenue | $464 |
| Total Revenue | $62,276 |
| 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 | $1,979 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $182 |
| Other expenses | $41,454 |
| Total expenses | $44,615 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,549 |
| Other assets | $0 |
| Total assets | $41,549 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,549 |
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