Ballard Alumni Association Inc
- Assets
- $194.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 84-1861924
Organization Overview
Ballard Alumni Association Inc is located in Louisville, KY. The organization was established in 2019. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Ballard Alumni Association 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, Ballard Alumni Association Inc generated $75.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (41.2%) each year. All expenses for the organization totaled $71.8k during the year ending 12/2022. 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 Mission:
Part 3 - Line 1
THE CORPORATION IS IRREVOCABLY DEDICATED TO AND IS OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE CORPORATION RECEIVES CONTRIBUTIONS AND GIFTS, AND DISTRIBUTES ITS FUNDS FOR PUBLIC, CHARITABLE, AND/OR EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3
AFTER THE ORIGINAL STANDS AT PAT CRAWFORD STADIUM AT BALLARD HIGH SCHOOL WERE CONDEMNED, WE BEGAN UNDERTAKING FUNDRAISING EFFORTS TO AID THE SCHOOL AND JCPS IN ADDING EXTRA AMENITIES ON TOP OF WHAT JCPS ORIGINALLY AGREED TO FUND FOR THE NEW STADIUM. THE ADDITIONAL AMENITIES INCLUDE A STATE OF THE ART TURF FIELD WHICH WILL SERVE AS HOME TO BALLARD'S FOOTBALL, SOCCER, FIELD HOCKEY, LACROSSE, AND MARCHING BAND PROGRAMS, IN ADDITION TO AN IMPROVED STADIUM ENTRANCE INCLUDING A DONOR BRICK WALKWAY. THE EXPENSES REFLECTED ABOVE INCURRED IN 2020 REPRESENT FEES PAID TO INDEPENDENT CONTRACTORS IN THE EARLY STAGES OF THE PROJECT, WITH AN EXPECTATION THAT THIS PROJECT IS FULLY COMPLETED DURING THE ORGANIZATION'S 2021 TAX YEAR.
OUR ORGANIZATION HAS CONTINUED TO SUPPORT BALLARD HIGH SCHOOL THROUGH MISCELLANEOUS AVENUES SUCH AS 1) ENHANCING CONNECTIVITY AMONG THE BALLARD FACULTY THROUGHOUT THE PANDEMIC AS A SIGNIFICANT PORTION OF INSTRUCTION HAS OCCURRED VIRTUALLY THROUGH NON-TRADITIONAL INSTRUCTION. 2) ASSISTING IN A FINANCIAL CAPACITY WITH TARGETED NEEDS, SUCH AS NEW BOOKS FOR THE LIBRARY INVENTORY OR SUPPLIES FOR THE ART DEPARTMENT 3. OTHER MISCELLANEOUS PROJECTS EXPENSES ABOVE REFLECT OUR CONTRIBUTIONS DURING THE 2021 TAX YEAR WITH RESPECT TO THESE EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen J Gowers President | 4 | $0 | |
Justin Morris Vice President | 2 | $0 | |
Paul Fischer Treasurer | 4 | $0 | |
Anthony Waits Secretary | 2 | $0 | |
Rudy Moeller Director | 2 | $0 | |
Caroline Robinson Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Precision Construction & Contracting Llc Stadium Proj - Turf Field | 12/30/21 | $543,012 |
Wpc Company Inc Stadium Project - Plaza | 12/30/21 | $218,749 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,244 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,244 |
| 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 | $69,872 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,879 |
| Total expenses | $71,751 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,471 |
| Other assets | $0 |
| Total assets | $194,471 |
| Total liabilities | $0 |
| Net assets or fund balances | $194,471 |