Westwood Basketball Association Inc
- Assets
- $109.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westwood, MA
- Founding
- 04/2010
- Data as of
- 06/2024
- EIN
- 80-0421323
Organization Overview
Westwood Basketball Association Inc is located in Westwood, MA. The organization was established in 2010. 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. Westwood 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 06/2024, Westwood Basketball Association Inc generated $199.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $155.7k during the year ending 06/2024. While expenses have increased by 0.0% 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
2024
Describe the Organization's Program Activity:
Part 3
WESTWOOD BASKETBALL ASSOCIATION, INC. ("WBA") CONTINUES TO PROVIDE YOUTH BASKETBALL SERVICES THROUGH THE FISCAL YEAR ENDED JUNE 30, 2024. THESE SERVICES INCLUDED A SUMMER LEAGUE, FALL CLINICS, A WINTER LOCAL RECREATIONAL LEAGUE FOR STUDENTS IN GRADES 2 THROUGH 12, AND A WINTER TRAVEL LEAGUE FOR STUDENTS IN GRADES 4 THROUGH 8. ALSO, A WINTER CLINIC HAS BEEN HELD FOR 1ST GRADERS SINCE 2012. MANY CHILDREN PARTICIPATE IN MORE THAN ONE PROGRAM THROUGHOUT THE YEAR, BUT A ROUGH ESTIMATE OF THE NUMBER OF CHILDREN BENEFITED IS APPROXIMATELY 850.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Spellman President | 5 | $0 | |
Brendan Reeves Vice President | 2 | $0 | |
Peter Hayes Treasurer | 2 | $0 | |
Brendan Levesque Secretary | 1 | $0 | |
David Spellman Director | 1 | $0 | |
Jamy Sesselman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $198,795 |
| Membership dues | $0 |
| Investment income | $782 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,577 |
| 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 | $2,679 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $152,007 |
| Total expenses | $155,686 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,565 |
| Other assets | $0 |
| Total assets | $109,585 |
| Total liabilities | $1,000 |
| Net assets or fund balances | $108,585 |