Tewksbury Boys Basketball League
- Assets
- $122.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tewksbury, MA
- Founding
- 03/2008
- Data as of
- 02/2024
- EIN
- 04-3037173
Organization Overview
Tewksbury Boys Basketball League is located in Tewksbury, MA. The organization was established in 2008. 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. Tewksbury Boys Basketball League 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 02/2024, Tewksbury Boys Basketball League generated $117.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $94.3k during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 8 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
2024
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION INSTILLS THE IDEALS OF GOOD SPORTSMANSHIP, HONESTY, LOYALTY, COURAGE TO BUILD STRONGER, HAPPIER AND HEALTHIER CHILDREN. NORMALLY 800 PLAYERS PARTICIPATED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luke Muir Treasurer | 1 | $0 | |
Maria Coviello Clerk | 1 | $0 | |
Michael Russo Director | 1 | $0 | |
Richard Alessi President | 4 | $0 | |
Shana Abbott Director | 1 | $0 | |
Matt Johnson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $95,932 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,856 |
| Other Revenue | $1,560 |
| Total Revenue | $117,359 |
| 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 | $2,985 |
| Occupancy, rent, utilities, and maintenance | $21,348 |
| Printing, publications, postage, and shipping | $256 |
| Other expenses | $69,745 |
| Total expenses | $94,334 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,174 |
| Other assets | $0 |
| Total assets | $122,174 |
| Total liabilities | $0 |
| Net assets or fund balances | $122,174 |