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 5 years, the organization has seen revenues fall by an average of (5.1%) 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 (1.6%) per year over the past 5 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.
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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 |