Longmeadow Youth Basketballassociation Inc is located in Longmeadow, MA. The organization was established in 2008. 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. Longmeadow Youth Basketballassociation 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 12/2021, Longmeadow Youth Basketballassociation Inc generated $43.9k 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 (4.6%) each year. All expenses for the organization totaled $14.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.5%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THIS ALL VOLUNTEER ORGANIZATION PROVIDED ORGANIZED AND STRUCTURED YOUTH BASKETBALL PROGRAMS TO APPROXIMATELY 500 BOYS AND GIRLS FROM GRADES 1 THROUGH 8. DUE TO COVID, THE ORGANIZATION COULD NOT OFFER ALL OF ITS TYPICAL PROGRAMS IN 2020.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Victor Oundjian President | 1 | $0 | |
Suzanne Baker Treasurer | 1 | $0 | |
Kathleen Lingenberg Director | 1 | $0 | |
Arnold Horowitz Director | 1 | $0 | |
Gina Pantuosco Director | 1 | $0 | |
Patrick Murphy Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $43,851 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $43,851 |
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 | $1,415 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,910 |
Total expenses | $14,325 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $58,383 |
Other assets | $0 |
Total assets | $58,383 |
Total liabilities | $0 |
Net assets or fund balances | $58,383 |
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