Karns City Youth Basketball is located in Karns City, PA. 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. Karns City Youth Basketball 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, Karns City Youth Basketball generated $10.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $9.7k 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 Program Activity:
Part 3
KCYB SHALL BE TO ENCOURAGE THE PLAY OF RECREATON AND COMPETITIVE TOURNAMENTTRAVEL BASKETBALL TO ESTABLISH A QUALITY YOUTH BASKETBALL PROGRAM THROUGHOUT THE 3RD TO 6TH GRADE STUDENTS IN KARNS CITY AREA SCHOOL DISTRICT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Summerville Secretary | 0 | $0 | |
Jason Huff Vice President Of Boys | 5 | $0 | |
Ariel Venesky Vice President Girls | 5 | $0 | |
Gregory King President | 5 | $0 | |
Chasity King Treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $720 |
| Total Program Service Revenue | $9,490 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,210 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $84 |
| Other expenses | $9,574 |
| Total expenses | $9,658 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |