Malden Neighborhood Basketball League Inc
- Assets
- $33.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Malden, MA
- Founding
- 01/1991
- Data as of
- 11/2021
- EIN
- 04-2935296
Organization Overview
Malden Neighborhood Basketball League Inc is located in Malden, MA. The organization was established in 1991. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Malden Neighborhood Basketball League 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 11/2021, Malden Neighborhood Basketball League Inc generated $3.1k 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 (29.8%) each year. All expenses for the organization totaled $2.8k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (31.6%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
COMPLETED SUCCESSFUL SEASON WITH SUSTAINED ENROLLMENT-SEASON CUT SHORT DUE TO COVID
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Rogers Director | 2 | $0 | |
Terlonzo Amos Director | 2 | $0 | |
Kenny Mazonson President | 3 | $0 | |
Steven Wright Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,100 |
| 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 | $0 |
| Other expenses | $2,794 |
| Total expenses | $2,794 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,623 |
| Other assets | $0 |
| Total assets | $33,623 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,623 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Malden Neighborhood Basketball League Inc has recieved totaling $200.
| Awarding Organization | Amount |
|---|---|
Eastern Bank Charitable Foundation Lynn, MA PURPOSE: EXEMPT PURPOSE | $200 |
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