Global Basketball Club is located in Issaquah, WA. The organization was established in 2016. 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. Global Basketball Club 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, Global Basketball Club generated $165.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $125.8k during the year ending 12/2022. While expenses have increased by 15.0% 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
2022
Describe the Organization's Program Activity:
Part 3
IN 2022 WE FIELDED 16 TEAMS, WE WORKED WITH 153 KIDS AND HAD 14 COACHES. OUR TEAMS PLAYED 389 GAMES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellenore Angelidis Director | 10 | $0 | |
Michael Angelidis Executive Dir. | 10 | $6,200 | |
Boris Rubinstein Director | 3 | $0 | |
Joe Phillips Director | 5 | $0 | |
Craig Madzinski Director | 1 | $0 | |
Keith Hennig Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,026 |
| Total Program Service Revenue | $162,229 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,255 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,181 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $84,031 |
| Total expenses | $125,820 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,552 |
| Other assets | $0 |
| Total assets | $63,508 |
| Total liabilities | $1 |
| Net assets or fund balances | $63,507 |