Needham Metrowest Basketball Inc
- Assets
- $113.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Needham Heights, MA
- Founding
- 04/2016
- Data as of
- 06/2024
- EIN
- 47-4793648
Organization Overview
Needham Metrowest Basketball Inc is located in Needham Heights, MA. 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. Needham Metrowest Basketball 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, Needham Metrowest Basketball Inc generated $133.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $82.9k during the year ending 06/2024. 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
THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES INCLUDING, WITHOUT LIMITATION,DEVELOPING AND PROMOTING A YOUTH BASKETBALL LEAGUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Baker President | 10 | $0 | |
Paul Cloonan Treasurer | 5 | $0 | |
Dan Goodman Clerk | 5 | $0 | |
Joseph Camozzi Director | 1 | $0 | |
Jeremy O'connor Director | 1 | $0 | |
Maureen Brenner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $133,547 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,547 |
| 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 | $1,451 |
| Occupancy, rent, utilities, and maintenance | $13,044 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $68,435 |
| Total expenses | $82,930 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,819 |
| Other assets | $0 |
| Total assets | $113,819 |
| Total liabilities | $0 |
| Net assets or fund balances | $113,819 |