Interior Youth Basketball Inc is located in Fairbanks, AK. The organization was established in 1987. 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. Interior Youth Basketball 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 06/2024, Interior Youth Basketball Inc generated $134.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $186.4k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
TO FOSTER AMATEUR YOUTH BASKETBALL IN FAIRBANKS, ALASKA. FUNDS USED PRIMARILY FOR REFEREES, UNIFORMS, PROGRAM COORDINATOR, AND EQUIPMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Church Vice President | 10 | $0 | |
Matt Titus President | 10 | $0 | |
Matt Titus Acting Treasurer(interim) | 10 | $0 | |
Larnetia Skipps Secretary | 10 | $0 | |
Lacy Church Board Member | 2 | $0 | |
Andrea Nield Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,428 |
| Total Program Service Revenue | $87,973 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,922 |
| Other Revenue | $66 |
| Total Revenue | $134,389 |
| 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 | $17,745 |
| Occupancy, rent, utilities, and maintenance | $26,990 |
| Printing, publications, postage, and shipping | $294 |
| Other expenses | $141,333 |
| Total expenses | $186,362 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,039 |
| Other assets | $0 |
| Total assets | $87,926 |
| Total liabilities | $11,197 |
| Net assets or fund balances | $76,729 |