New Canaan Basketball Association Inc
- Assets
- $17.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Canaan, CT
- Founding
- 11/1996
- Data as of
- 06/2022
- EIN
- 06-1452516
Organization Overview
New Canaan Basketball Association Inc is located in New Canaan, CT. The organization was established in 1996. 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. New Canaan Basketball Association 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 06/2022, New Canaan Basketball Association Inc generated $168.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $170.7k during the year ending 06/2022. While expenses have increased by 3.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE BASKETBALL INSTRUCTION/GAMES TO BOYS AND GIRLS GRADES 5-8 IN NEW CANAAN, CT. THE SEASON LASTS FROM OCTOBER TO MARCH WITH PRACTICES AND GAMES 2-3 TIMES A WEEK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Huetter Co-President | 5 | $0 | |
Bill Driscoll Vice President | 5 | $0 | |
Tj Jetnil Co-President | 5 | $0 | |
Elizabeth Ulrich Treasurer | 5 | $0 | |
Molly Degaetano Secretary | 5 | $0 | |
Lorin Larkin Managers And Scheduling | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,433 |
| Total Program Service Revenue | $161,426 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,859 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $111,044 |
| Professional fees and other payments to independent contractors | $11,902 |
| Occupancy, rent, utilities, and maintenance | $37,467 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,318 |
| Total expenses | $170,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,742 |
| Other assets | $0 |
| Total assets | $17,742 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,742 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Canaan Basketball Association Inc has recieved totaling $7,350.
| Awarding Organization | Amount |
|---|---|
The@b Sloane Family Foundation Garden City, NY PURPOSE: TO FURTHER ITS CHARITABLE PURPOSE | $7,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rising Stars Inc Uniondale, NY | $2,003,624 | $2,371,167 |
Lightning Basketball Inc West Hempstead, NY | $12,742 | $1,304,966 |
Shooting Touch Hyde Park, MA | $603,933 | $1,175,352 |
Amateur Athletic Union Of The United States Meriden, CT | $77,652 | $760,443 |
Coaching For Change Inc Taunton, MA | $1,018,552 | $1,148,634 |
Brooklyn Youth Sports Club Inc Brooklyn, NY | $278,702 | $673,770 |
Fundamental Hoops Inc North Andover, MA | $33,088 | $499,058 |
Ridgefield Basketball Association Inc Ridgefield, CT | $117,228 | $445,659 |
Mo Motion Inc New York, NY | $100,208 | $419,832 |
Mvp Basketball Camps Inc White Plains, NY | $162,806 | $376,016 |
Holcombe Rucker Community League Inc New York, NY | $577,066 | $46,158 |
Palisades Elite Stony Point, NY | $0 | $319,459 |