Delano Basketball Association
- Assets
- $83.1k
- Revenue
- $141.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Waverly, MN
- Founding
- Data as of
- 07/2024
- EIN
- 83-1423748
Organization Overview
Delano Basketball Association is located in Waverly, MN. 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. Delano Basketball Association 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 07/2024, Delano Basketball Association generated $141.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $159.4k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
DELANO BASKETBALL ASSOCIATION PROMOTES & FUNDS GIRLS & BOYS BASKETBALL INSTRUCTION, TRAINING & THE PHYSICAL & MENTAL DEVELOPMENT OF YOUTH, AGES 18 & UNDER, THROUGH THE FORMATION & FUNDING OF 23 BASKETBALL TEAMS WITH 292 PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH PROGRAMS - THE GIRLS & BOYS YOUTH PROGRAMS, GRADE 1ST - 8TH, PROMOTES, ORGANIZES & FUNDS THE FORMATION OF AGE BASED BASKETBALL TEAMS. THERE WERE 15 TEAMS GRADES 5-9 WITH 98 PLAYERS THAT PRACTICED IN FACILITIES IN DELANO, MN & PLAYED IN NUMBEROUS TOURNAMENTS IN THE SURROUNDING AREA. BASKETBALL CAMPS WERE HELD FOR STUDENTS IN GRADES 1-4 WITH 128 PARTICIPATES. THE ASSOCIATIONS YOUTH PROGRAM HOSTED 2 YOUTH BASKETBALL TOURNAMENTS IN DELANO, MN WHICH WERE OPEN TO ALL AREA TEAMS AS A FUNDRAISING ACTIVITY TO REDUCE THE FEES CHARGED TO THE PARTICIPANTS & PROVIDE SCHOLARSHIPS FOR THOSE WHO CAN NOT AFFORD THE FEES TO PARTICIPATE. PARENTS OF THE YOUTH PARTICIPANTS VOLUNTEER TO RUN THE TOURNAMENTS.
HIGH SCHOOL PROGRAMS - THE HIGH SCHOOL PROGRAMS, GRADE 9-12, ASSISTED IN RAISING FUNDS FOR THE 8 DELANO HIGH SCHOOL GIRLS & BOYS TEAMS WITH 63 PLAYERS. THE FUNDS WERE USED FOR UNIFORMS, WARM UP SHIRTS, ADDITIONAL EQUIPMENT, SUPPLIES, PRESEASON & SUMMER TOURNAMENTS & TRAINING COSTS, COACHES SALARIES & OTHER RELATED PROGRAM COSTS NOT COVERED BY THE HIGH SCHOOL. THE FUNDS WERE RAISED BY HOSTING A YOUTH BASKETBALL TOURNAMENT AND 3 ON 3 BASKETBALL LEAGUE AT THE DELANO, MN FACILITIES. PARTICIPANTS & THEIR FAMILIES VOLUNTEER TO RUN THE TOURNAMENTS & PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Techam Co-President | Officer | 4 | $0 |
Scott Antl Co-President | Officer | 4 | $0 |
Bob Schultz Member - Youth Rep | Officer | 1 | $0 |
Sheila Schultz Chairperson & Vice President | Officer | 2 | $0 |
Julie Nielson Secretary | Officer | 2 | $0 |
Julie Longstreet Co-Treasurer | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $938 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $938 |
| Total Program Service Revenue | $81,774 |
| Investment income | $587 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $58,277 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $141,585 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $461 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,466 |
| Advertising and promotion | $0 |
| Office expenses | $1,474 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,076 |
| Travel | $11,013 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $426 |
| All other expenses | $15,232 |
| Total functional expenses | $159,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $83,125 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $83,125 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $83,125 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $83,125 |