Basketball Club Of Wnc Inc
- Assets
- $4.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 08/2001
- Data as of
- 12/2022
- EIN
- 56-2237520
Organization Overview
Basketball Club Of Wnc Inc is located in Asheville, NC. The organization was established in 2001. 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. Basketball Club Of Wnc 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 12/2022, Basketball Club Of Wnc Inc generated $121.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $120.0k during the year ending 12/2022. While expenses have increased by 0.1% 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED BASKETBALL TEAM COACHING, UNIFORMS, GYM FACILITIESAND TOURNAMENT MANAGEMENT FOR OVER 294 MEMBERS AGES8 TO 18 IN WESTERN NORTH CAROLINA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Ferguson President | 5 | $0 | |
Joe Carrington V-P | 15 | $0 | |
Colleen Thompson Secty/treas | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $121,578 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,578 |
| 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 | $1,160 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $118,851 |
| Total expenses | $120,011 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,555 |
| Other assets | $0 |
| Total assets | $4,555 |
| Total liabilities | $29,083 |
| Net assets or fund balances | -$24,528 |