Irondale Basketball Association Inc
- Assets
- $42.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Brighton, MN
- Founding
- 06/1985
- Data as of
- 06/2024
- EIN
- 41-1437155
Organization Overview
Irondale Basketball Association Inc is located in New Brighton, MN. The organization was established in 1985. 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. Irondale Basketball 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 06/2024, Irondale Basketball Association Inc generated $169.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $166.8k during the year ending 06/2024. While expenses have increased by 3.1% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
A. THE IRONDALE BASKETBALL ASSOCIATION PROVIDED APPROXIMATELY 313 BOYS AND GIRLS (1ST - 8TH GRADE) WITH THE OPPORTUNITY TO PLAY YOUTH BASKETBALL IN OUR VARIOUS PROGRAMS: LITTLE KNIGHTS (1ST AND 2ND GRADE), INSTRUCTIONAL (3RD - 8TH GRADE), AND COMPETITIVE (4TH - 8TH GRADE). DURING THE 2023-2024 FISCAL YEAR, THE ORGANIZATION UPDATED EQUIPMENT WHICH INCLUDED NEW UNIFORMS FOR THE LITTLE KNIGHTS AND INSTRUCTIONAL PROGRAMS AS WELL AS SOME REPLACEMENT UNIFORMS NEEDED FOR THE COMPETITIVE PROGRAM. SCOREBOOKS, FIRST AID KITS AND ICE PACKS WERE ALSO PURCHASED FOR THE COMPETITIVE TEAMS. FINALLY, THERE WAS SOME ADDITIONAL EQUIPMENT PURCHASED TO SUPPORT THE ANNUAL COMPETITIVE TOURNAMENT THAT IS RUN BY THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gretchen Wilmet Coordinator/(thru Apr) President | 2 | $0 | |
Alina Cramble President/ (thru Apr) Co-Treasurer | 2 | $0 | |
Josh Madison Vice-P/(thru Apr), Webmaster | 2 | $0 | |
Garrett Johnson Director | 2 | $0 | |
Matthew Murphy Director | 2 | $0 | |
Sarah Shewmake Director (thru Aug) | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $161,406 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,416 |
| Other Revenue | $0 |
| Total Revenue | $169,822 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $33,952 |
| Printing, publications, postage, and shipping | $226 |
| Other expenses | $132,644 |
| Total expenses | $166,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,969 |
| Other assets | $0 |
| Total assets | $41,969 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,969 |