Larchmont Mamaroneck Basketball Association
- Assets
- $313.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Rochelle, NY
- Founding
- 08/2001
- Data as of
- 12/2023
- EIN
- 13-4033446
Organization Overview
Larchmont Mamaroneck Basketball Association is located in New Rochelle, NY. The organization was established in 2001. 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. Larchmont Mamaroneck Basketball Association 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 12/2023, Larchmont Mamaroneck Basketball Association generated $139.3k 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 (3.5%) each year. All expenses for the organization totaled $134.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) 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
2023
Describe the Organization's Program Activity:
Part 3
THE LMBA PROVIDES AND MANAGES RECREATIONAL BASKETBALL PLAY FOR ROUGHLY 1,300 PLAYERS FROM GRADES 1 THROUGH 12. ALL PLAYERS COME FROM LOCAL MUNICIPALITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Beers Co-Chairman | 20 | $0 | |
Patrick West Co-Chairman | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
| Total Program Service Revenue | $137,259 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,271 |
| 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 | $67,100 |
| Occupancy, rent, utilities, and maintenance | $29,622 |
| Printing, publications, postage, and shipping | $775 |
| Other expenses | $37,400 |
| Total expenses | $134,897 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $312,724 |
| Other assets | $0 |
| Total assets | $313,278 |
| Total liabilities | $49,008 |
| Net assets or fund balances | $264,270 |