Needham Athletic Boosters Club Inc is located in Needham, MA. The organization was established in 1993. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Needham Athletic Boosters Club 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 undefined, Needham Athletic Boosters Club Inc generated $40.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $76.8k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 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
Describe the Organization's Program Activity:
Part 3
TO PROMOTE, SUPPORT AND PROVIDE RECOGNITION TO THE STUDENT ATHLETES PARTICIPATING IN ALL SPORTS AT NEEDHAM HIGH SCHOOL
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Janet Petronio President | 2 | $0 | |
Suzanne Baker Assistant Treasurer | 0.5 | $0 | |
Laura Johnson Treasurer | 1 | $0 | |
Pat Demaio Vice President | 0.5 | $0 | |
Kristen Hymovitz Vice President | 0.5 | $0 | |
Katherine Vettraino Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $503 |
Total Program Service Revenue | $38,408 |
Membership dues | $0 |
Investment income | $26 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,897 |
Total Revenue | $40,834 |
Statement of Expenses | |
---|---|
Total expenses | $76,751 |
Balance Sheet | |
---|---|
Total assets | $26,849 |
Total liabilities | $0 |
Net assets or fund balances | $26,849 |
Over the last fiscal year, we have identified 3 grants that Needham Athletic Boosters Club Inc has recieved totaling $375.
Awarding Organization | Amount |
---|---|
Shapiro Foundation Needham, MA PURPOSE: DOMESTIC NEEDS | $250 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $75 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $50 |
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