Mlk Friends Of Basketball Inc
- Assets
- $61.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/2006
- EIN
- 04-3835759
Organization Overview
Mlk Friends Of Basketball Inc is located in Chicago, IL. The organization was established in 2006. 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. Mlk Friends Of Basketball 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, Mlk Friends Of Basketball Inc generated $17.7k 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 (4.7%) each year. All expenses for the organization totaled $25.8k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (4.6%) 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
Describe the Organization's Program Activity:
Part 3
57 TEAMS COMPETED, TRAVELED, PROVIDED HOTEL ROOMS, FOOD IS PROVIDED FOR 900 STUDENT ATHLETES.
57 TEAMS COMPETED, TRAVELED, PROVIDED HOTEL ROOMS, FOOD IS PROVIDED FOR 900 STUDENT ATHLETES.
57 TEAMS COMPETED, TRAVELED, PROVIDED HOTEL ROOMS, FOOD IS PROVIDED FOR 900 STUDENT ATHLETES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy L Gaters President | 20 | $0 | |
Mary J Franklin Treasurer | 20 | $0 | |
William Cobbs Director | 0 | $0 | |
Marilyn Young Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,450 |
| Total Program Service Revenue | $10,275 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,725 |
| Statement of Expenses | |
|---|---|
| Total expenses | $25,843 |
| Balance Sheet | |
|---|---|
| Total assets | $61,338 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,338 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Basketball Coaches Kansas City, MO | $7,492,975 | $6,879,648 |
Iowa Youth Athletic Foundation Ames, IA | $5,772,700 | $2,413,447 |
Forum Of Christian Leaders Wheaton, IL | $307,653 | $1,435,931 |
Kingdom Cares International Des Moines, IA | $16,985 | $1,214,435 |
Lake Of The Ozarks Shootout Sunrise Beach, MO | $47,312 | $973,884 |
Beyond Ball Urbandale, IA | $92,012 | $636,105 |
Knights Basketball Academy Midwest St Charles, MO | $215,472 | $572,008 |
Kentucky Cobras Inc Florence, KY | $27,896 | $450,667 |
Ignite Hoops Arlington Heights, IL | $158,269 | $413,630 |
Wisconsin Basketball Coaches Association Cuba City, WI | $470,993 | $294,847 |
Kentucky All A Classic Inc Mt Washington, KY | $190,769 | $310,106 |
24up Inc New Berlin, WI | $173,156 | $373,384 |