Ankeny Basketball Club Inc is located in Ankeny, IA. 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. Ankeny Basketball Club 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 12/2023, Ankeny Basketball Club Inc generated $168.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $155.7k during the year ending 12/2023. While expenses have increased by 24.9% per year over the past 5 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
SEE SCHEDULE O
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kiron Anderson Director Of Coaching | 10 | $0 | |
Shannon Sandvig President | 10 | $0 | |
Brett Johnson Vice President | 10 | $0 | |
Shelly Lawrence Treasurer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,570 |
| Total Program Service Revenue | $156,622 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,192 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $37,261 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $117,973 |
| Total expenses | $155,734 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,745 |
| Other assets | $0 |
| Total assets | $44,980 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,980 |