Egba Inc
- Assets
- $99.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Greenwich, RI
- Founding
- 01/2016
- Data as of
- 07/2022
- EIN
- 47-1987912
Organization Overview
Egba Inc is located in East Greenwich, RI. The organization was established in 2016. 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. Egba 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 07/2022, Egba Inc generated $185.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $161.7k during the year ending 07/2022. 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
EGBA,INC. HAD APPROXIMATELY 600 EAST GREENWICH YOUTHS AGES 5-16, 70 MEN AND 30 WOMEN PARTICIPATING IN BASKETBALL FROM NOVEMBER TO MARCH. THE PURPOSES OF PROMOTING THE SPORT OF BASKETBALL AMONG THE YOUTH IN THE EAST GREENWICH COMMUNITY, TEACHING YOUTH FUNDAMENTAL BASKETBALL SKILLS IN A POSITIVE ENVIRONMENT OF SPORTSMANSHIP AND TEAMWORK, ORGANIZING YOUTH BASKETBALL TEAMS AND LEAGUES AND ENHANCING THE QUALITY OF CHILDREN'S LIVES BY PROMOTING PHYSICAL ACTIVITY THROUGH BASKETBALL. THEY OFFER OPPORTUNITIES FOR YOUTHS TO PARTICIPATE IN-HOUSE AND/OR TRAVEL TEAMS. THEY ALSO HOLD AN ANNUAL HOLIDAY OPEN TOURNAMENT DURING MARTIN LUTHER KING WEEKEND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Forbes Director | 5 | $0 | |
Brian Sullivan Director | 5 | $0 | |
T Luke Scaramella Director | 5 | $0 | |
Richard Mcauliffe President | 5 | $0 | |
Pete Blessing Director | 5 | $0 | |
Brad Dufault Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $185,374 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,374 |
| 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 | $1,893 |
| Occupancy, rent, utilities, and maintenance | $18,293 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $141,547 |
| Total expenses | $161,733 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,878 |
| Other assets | $0 |
| Total assets | $99,948 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,948 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Egba Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shooting Touch Hyde Park, MA | $603,933 | $1,175,352 |
Amateur Athletic Union Of The United States Meriden, CT | $77,652 | $760,443 |
Coaching For Change Inc Taunton, MA | $1,018,552 | $1,148,634 |
Fundamental Hoops Inc North Andover, MA | $33,088 | $499,058 |
Ridgefield Basketball Association Inc Ridgefield, CT | $117,228 | $445,659 |
Amateur Athletic Union Of The United States Newton, MA | $1 | $0 |
Newtown Youth Basketball Association Newtown, CT | $113,453 | $214,766 |
Burgo Basketball Association South Dartmouth, MA | $339,990 | $166,116 |
Wellesley Youth Basketball Association Inc Wellesley, MA | $137,078 | $0 |
Newton Metrowest Basketball Inc Newton, MA | $51,186 | $0 |
John Barker Basketball League Inc Hingham, MA | $67,511 | $179,706 |
New Canaan Basketball Association Inc New Canaan, CT | $17,742 | $0 |