Broken Arrow Amateur Basketball Association Inc is located in Broken Arrow, OK. The organization was established in 2009. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Broken Arrow Amateur 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 12/2021, Broken Arrow Amateur Basketball Association Inc generated $141.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $128.2k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDES A BASKETBALL LEAGUE FOR OVER 600 YOUTHS, AGES 5 TO 14 IN BROKEN ARROW, OKLAHOMA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jessica Welch President | 1 | $0 | |
Lee Gardner Treasurer | 1 | $0 | |
Tina Cagle Director | 1 | $0 | |
Jason Barnes Director | 1 | $0 | |
Rosanne Mcdaniel Secretary | 1 | $0 | |
Shekendra Nicholson Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $141,153 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $442 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $141,595 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $22,527 |
Professional fees and other payments to independent contractors | $15,768 |
Occupancy, rent, utilities, and maintenance | $8,003 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $81,912 |
Total expenses | $128,210 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $191,089 |
Other assets | $0 |
Total assets | $191,089 |
Total liabilities | $2,179 |
Net assets or fund balances | $188,910 |
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