Glendover Community Basketball League Inc is located in Lexington, KY.
For the year ending 04/2023, Glendover Community Basketball League Inc generated $161.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $160.7k during the year ending 04/2023. While expenses have increased by 9.1% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
GLENDOVER COMMUNITY BASKETBALL LEAGUE TEACHES BASKETBALL, SPORTSMANSHIP AND EXERCISE TO COMMUNITY YOUTH BETWEEN KINDERGARTEN AND 12TH GRADE. THE LEAGUE UTILIZES CLINICS, PRACTICES, AND GAMES IN MULTIPLE FACILITIES IN THE LEXINGTON, KENTUCKY AREA. THE LEAGUE SERVE ABOUT 1,300 YOUTH THIS PAST YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Francis Head III Chairman | 40 | $24,196 | |
Todd Hamill Vice Chairman | 6 | $500 | |
Ross Stinetorf Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,500 |
Total Program Service Revenue | $158,048 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $161,548 |
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 | $108,784 |
Occupancy, rent, utilities, and maintenance | $16,754 |
Printing, publications, postage, and shipping | $695 |
Other expenses | $34,429 |
Total expenses | $160,662 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,437 |
Other assets | $0 |
Total assets | $1,437 |
Total liabilities | $0 |
Net assets or fund balances | $1,437 |