Illini Rebounders Club is located in Champaign, IL. The organization was established in 2017. 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. Illini Rebounders Club 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 06/2021, Illini Rebounders Club generated $47.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $13.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (26.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE, EDUCATIONAL, AND ATHLETIC, INCLUDING: TO SUPPORT AND FOSTER SUCCESS IN COMPETITION, ACADEMICS AND THE STUDENT LIFE OF THE UNIVERSITY OF ILLINOIS MEN'S BASKETBALL PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE, EDUCATIONAL, AND ATHLETIC, INCLUDING: TO SUPPORT AND FOSTER SUCCESS IN COMPETITION, ACADEMICS AND THE STUDENT LIFE OF THE UNIVERSITY OF ILLINOIS MEN'S BASKETBALL PROGRAM.
CHARITABLE, EDUCATIONAL, AND ATHLETIC, INCLUDING: TO SUPPORT AND FOSTER SUCCESS IN COMPETITION, ACADEMICS AND THE STUDENT LIFE OF THE UNIVERSITY OF ILLINOIS MEN'S BASKETBALL PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deanna Woodard Vice President | Officer | 2 | $0 |
Pat Brown Secretary | Officer | 5 | $0 |
Bruce Knight President | Officer | 5 | $0 |
Ross Richards Treasurer | Officer | 5 | $0 |
John Rawdin Board Member | Trustee | 2 | $0 |
Leanne Barnhart Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,540 |
Investment income | $25 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $7,046 |
Net Income from Gaming Activities | $29,894 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $46,970 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,366 |
Office expenses | $1,074 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $13,099 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $120,383 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $120,383 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $120,383 |
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