Somerset Baseball League
- Assets
- $68.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, MA
- Founding
- 09/2014
- Data as of
- 09/2022
- EIN
- 04-6196103
Organization Overview
Somerset Baseball League is located in Somerset, MA. The organization was established in 2014. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. Somerset Baseball 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 09/2022, Somerset Baseball League generated $102.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $109.4k during the year ending 09/2022. While expenses have increased by 6.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Faria Treasurer | 3 | $0 | |
Kelly O'brien President | 3 | $0 | |
Derek Foulds Director | 3 | $0 | |
Chris Migneault Director | 3 | $0 | |
Peter Arcieri Director | 3 | $0 | |
James Theriault Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,532 |
| Total Program Service Revenue | $73,717 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,511 |
| Other Revenue | $1,491 |
| Total Revenue | $102,230 |
| 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 | $1,450 |
| Occupancy, rent, utilities, and maintenance | $37,502 |
| Printing, publications, postage, and shipping | $1,302 |
| Other expenses | $69,098 |
| Total expenses | $109,352 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,892 |
| Other assets | $0 |
| Total assets | $68,664 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,664 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Somerset Baseball League has recieved totaling $4,575.
| Awarding Organization | Amount |
|---|---|
Hathaway Memorial Charitable Trust Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $4,450 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Major League Baseball Youth Foundation New York, NY | $13,010,715 | $5,223,219 |
The Baseball Inc Roxbury, MA | $2,393,613 | $3,601,318 |
South Shore Conference Inc Brockton, MA | $586,896 | $3,264,192 |
Mlb-Mlbpa Youth Development Foundation New York, NY | $18,472,845 | $3,947,682 |
303 Development Foundation Corp Staten Island, NY | $4,791,074 | $2,443,003 |
Cape Cod Baseball League Inc Cotuit, MA | $1,513,304 | $724,156 |
Little League Baseball Inc Melville, NY | $110,455 | $755,010 |
New England Baseball Club Inc Needham, MA | $75,068 | $719,972 |
Westport Baseball & Softball Inc Westport, CT | $1,343,398 | $769,405 |
Little League Baseball Inc Staten Island, NY | $302,109 | $589,081 |
Ct Capitals Baseball Organization Hartford, CT | $255,414 | $570,929 |
Merillon Sports Association Inc New Hyde Park, NY | $248,355 | $534,294 |