Seattle Youth Basketball Foundation is located in Shoreline, WA. Seattle Youth Basketball Foundation 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 08/2017, Seattle Youth Basketball Foundation generated $168.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (17.4%) each year. All expenses for the organization totaled $130.1k during the year ending 08/2017. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 2 years. 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
2017
Describe the Organization's Program Activity:
Part 3
PROVIDED OPPORTUNITIY FOR APPROXIMATELY 125 YOUTH TO PARTICIPATE ON AN ORGANIZED BASKETBALL TEAM.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,845 |
| Total Program Service Revenue | $0 |
| Membership dues | $158,577 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,451 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,715 |
| Professional fees and other payments to independent contractors | $12,555 |
| Occupancy, rent, utilities, and maintenance | $11,192 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,617 |
| Total expenses | $130,079 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,462 |
| Other assets | $0 |
| Total assets | $159,462 |
| Total liabilities | $17,766 |
| Net assets or fund balances | $141,696 |