Farmington Youth Basketball Association

Organization Overview

Farmington Youth Basketball Association is located in Farmington, MN. The organization was established in 2003. 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. Farmington Youth Basketball Association 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 07/2022, Farmington Youth Basketball Association generated $308.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $321.2k during the year ending 07/2022. While expenses have increased by 6.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE BOYS AND GIRLS BASKETBALL PROGRAMS FOR ATHLETES IN GRADES THREE THROUGH NINE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRACTICES AND GAMES OCCURRED THROUGHOUT THE SEASON FOR ALL PARTICIPANSTS. THE ORGANIZATION ALSO PRODUCED BASKETBALL TOURNAMENTS, IN WHICH ITS STUDENT ATHLETES COULD COMPETE AGAINST OTHER TEAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Peter Kenow
Vice President
$0
Kristen Witt
Director
$0
Tara Carlson
Secretary
$0
Jill Goring
Director
$0
Scott Duellman
Director
$0
Jaci Bjornson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$307,970
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $307,970

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