Indiana Basketball Coaches Association Inc
- Assets
- $181.6k
- Revenue
- $276.2k
- Investments
- $0.0
- Employees
- 12
- Location
- Avon, IN
- Founding
- 08/1975
- Data as of
- 12/2021
- EIN
- 51-0163009
Organization Overview
Indiana Basketball Coaches Association Inc is located in Avon, IN. The organization was established in 1975. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Indiana Basketball Coaches Association Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Basketball Coaches Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Indiana Basketball Coaches Association Inc generated $276.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $196.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INDIANA BASKETBALL COACHES ASSOCIATION PROVIDES COACHES WITH NETWORKING OPPORTUNITIES AS WELL AS INSURANCE FOR THE ATHLETIC PROGRAMS. CLINICS AND SHOWCASE PROGRAMS BY THE MEMBERS FOR YOUNG ATHLETES IS ALSO A PART OF THE ASSOCIATION ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIANA COACHES PROMOTE BASKETBALL AND STUDENT ATHLETES.
INSURANCE FOR COACHES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Witty Executive Di | OfficerTrustee | 40 | $11,200 |
Patrick Mckee Spec Project | OfficerTrustee | 2 | $9,548 |
Eugene Milner Website Coor | OfficerTrustee | 2 | $6,400 |
Thomas Beach Chief Operti | OfficerTrustee | 2 | $5,750 |
Martin Johnson Associate Ex | OfficerTrustee | 4 | $3,850 |
Pete Turpa Assistant Di | OfficerTrustee | 2 | $3,650 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,433 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,433 |
| Total Program Service Revenue | $234,711 |
| Investment income | $156 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $276,217 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,100 |
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $8,774 |
| Compensation of current officers, directors, key employees. | $46,498 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,100 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,208 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,604 |
| Office expenses | $2,995 |
| Information technology | $3,000 |
| Royalties | $0 |
| Occupancy | $1,088 |
| Travel | $2,191 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,642 |
| Interest | $788 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $547 |
| Insurance | $490 |
| All other expenses | $5,671 |
| Total functional expenses | $196,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,250 |
| Savings and temporary cash investments | $509 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $821 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $181,580 |
| Accounts payable and accrued expenses | $6,785 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,785 |
| Net assets without donor restrictions | $174,795 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $181,580 |
Grants Awarded
Over the last fiscal year, Indiana Basketball Coaches Association Inc has awarded $13,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANA NATIONAL GUARD RELIEF PURPOSE: CHARITY | $7,000 |
HALL OF FAME PURPOSE: CHARITY | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Basketball Coaches Kansas City, MO | $7,492,975 | $6,879,648 |
Forum Of Christian Leaders Wheaton, IL | $307,653 | $1,435,931 |
Lake Of The Ozarks Shootout Sunrise Beach, MO | $47,312 | $973,884 |
Knights Basketball Academy Midwest St Charles, MO | $215,472 | $572,008 |
Kentucky Cobras Inc Florence, KY | $27,896 | $450,667 |
Ignite Hoops Arlington Heights, IL | $158,269 | $413,630 |
Wisconsin Basketball Coaches Association Cuba City, WI | $470,993 | $294,847 |
Kentucky All A Classic Inc Mt Washington, KY | $190,769 | $310,106 |
24up Inc New Berlin, WI | $173,156 | $373,384 |
Naperville Youth Basketball Association Inc Naperville, IL | $91,329 | $255,872 |
Yanders Law Springfield, MO | $182,701 | $285,827 |
Wisconsin Blizzard Basketball Inc Greenville, WI | $47,098 | $270,677 |