Carmel Basketball Academy Inc is located in Carmel, IN. 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. Carmel 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ryan Osborn President | 5 | $0 | |
Todd Howard Vice President | 25 | $0 | |
Paul Hensel Secretary | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $86,612 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $15,781 |
Other Revenue | $0 |
Total Revenue | $102,393 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $91,485 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,233 |
Total expenses | $104,660 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,188 |
Other assets | $0 |
Total assets | $5,188 |
Total liabilities | $0 |
Net assets or fund balances | $5,188 |