Play Right Basketball Academy Inc
- Assets
- $88.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albion, MI
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 83-4614774
Organization Overview
Play Right Basketball Academy Inc is located in Albion, MI. The organization was established in 2019. 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. Play Right Basketball Academy 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 12/2022, Play Right Basketball Academy Inc generated $121.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $68.2k during the year ending 12/2022. While expenses have increased by 4.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Milton D Barnes President | 0 | $9,000 | |
Michael E Williams Director | 0 | $0 | |
Mark W Garrison Secretary | 0 | $0 | |
Barbara Weiskittel Director | 0 | $0 | |
Craig Carrel Director | 0 | $0 | |
Jeff Petherick Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,831 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,240 |
| Other Revenue | $0 |
| Total Revenue | $121,071 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,000 |
| Professional fees and other payments to independent contractors | $14,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,937 |
| Total expenses | $68,187 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,582 |
| Other assets | $0 |
| Total assets | $88,582 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,582 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Play Right Basketball Academy Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Jackson Community Foundation Jackson, MI PURPOSE: EDUCATION | $10,000 |
Jackson Community Foundation Jackson, MI PURPOSE: EDUCATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Cat Basketball League South Lyon, MI | $48,125 | $336,283 |
Wisconsin Basketball Coaches Association Cuba City, WI | $470,993 | $294,847 |
24up Inc New Berlin, WI | $173,156 | $373,384 |
Wisconsin Blizzard Basketball Inc Greenville, WI | $47,098 | $270,677 |
Gym Rats Inc Fort Wayne, IN | $64,648 | $177,008 |
Pewaukee Basketball Club Inc Pewaukee, WI | $183,485 | $313,004 |
Distinxion Incorporated Washington, IN | $139,664 | $256,666 |
Hse Fishers Boys Basketball Inc Fishers, IN | $77,394 | $252,385 |
Massillon Youth Sports Association Inc Massillon, OH | $25,778 | $221,869 |
Jackson Youth Basketball Association Canton, OH | $99,095 | $171,175 |
The Big Hoopla Inc Dayton, OH | $537,311 | $13,150 |
Indiana Basketball Coaches Association Inc Avon, IN | $181,580 | $276,217 |