Cary Basketball Association is located in Cary, IL. The organization was established in 2003. 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. Cary Basketball Association 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 05/2023, Cary Basketball Association generated $193.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $164.0k during the year ending 05/2023. While expenses have increased by 1.8% per year over the past 8 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
CBA PROVIDES A YOUTH BASKETBALL PROGRAM FOR CHILDREN FROM KINDERGARTEN THROUGH HIGH SCHOOL
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gina Williams President | 10 | $0 | |
Katie Bentley Secretary | 10 | $0 | |
Jacey Wuhrman Treasurer | 20 | $0 | |
Brian Schoepke Vice President | 10 | $0 | |
Amanda Barine Vice President | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,242 |
| Total Program Service Revenue | $192,645 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $193,887 |
| 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 | $36,490 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,401 |
| Other expenses | $125,083 |
| Total expenses | $163,974 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,979 |
| Other assets | $0 |
| Total assets | $78,979 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,979 |