Interior Youth Basketball Inc
- Assets
- $148.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairbanks, AK
- Founding
- 04/1987
- Data as of
- 06/2021
- EIN
- 92-0101376
Organization Overview
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 06/2021, Interior Youth Basketball Inc generated $83.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $90.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
TO FOSTER AMATEUR YOUTH BASKETBALL IN FAIRBANKS, ALASKA. FUNDS USED PRIMARILY FOR REFEREES, UNIFORMS, PROGRAM COORDINATOR, AND EQUIPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Fitzgerald Prog.coordinator/bookkeeper | 10 | $15,000 | |
Travis Cortez Treasurer | 10 | $0 | |
Matt Titus Secretary | 10 | $0 | |
Timothy Church Vice President | 10 | $0 | |
Belinda Ebel Board Member | 2 | $0 | |
Joseph Chernich Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,012 |
| Total Program Service Revenue | $46,976 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $29,887 |
| Other Revenue | $36 |
| Total Revenue | $83,911 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,000 |
| Professional fees and other payments to independent contractors | $10,755 |
| Occupancy, rent, utilities, and maintenance | $8,613 |
| Printing, publications, postage, and shipping | $271 |
| Other expenses | $56,181 |
| Total expenses | $90,820 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,718 |
| Other assets | $0 |
| Total assets | $148,718 |
| Total liabilities | $6,398 |
| Net assets or fund balances | $142,320 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Interior Youth Basketball Inc has recieved totaling $2,600.
| Awarding Organization | Amount |
|---|---|
Marion G Weeks Foundation Brooklyn, OH PURPOSE: RECIPIENT AUTHORIZED EXEMPT PURPOSES | $2,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Hoop Seattle Bellevue, WA | $78,062 | $299,695 |
Liberty Select Basketball Association Newcastle, WA | $44,388 | $160,670 |
Global Basketball Club Issaquah, WA | $24,188 | $0 |
Club Zzu Volleyball Inc Pullman, WA | $64,369 | $160,897 |
Little League Baseball Inc Enumclaw, WA | $44,918 | $0 |
Mercer Island Boys Basketball Booster Club Mercer Island, WA | $51,048 | $0 |
Interior Baseball League Inc Fairbanks, AK | $49,288 | $0 |
Northwest Girls Basketball Alliance Spokane, WA | $19,065 | $0 |
Amature Athletic Union Of The United States Inc Maple Valley, WA | $118,165 | $0 |
Interior Youth Basketball Inc Fairbanks, AK | $148,718 | $0 |
Bainbridge Roots Basketball A Nonprofit Organization Bainbridge Island, WA | $32,178 | $0 |
Skyline Boys Select Basketball Sammamish, WA | $34,027 | $0 |