Glen Rock Youth Basketball League Inc
- Assets
- $28.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Rock, NJ
- Founding
- 08/2001
- Data as of
- 06/2024
- EIN
- 22-3336122
Organization Overview
Glen Rock Youth Basketball League Inc is located in Glen Rock, NJ. The organization was established in 2001. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glen Rock Youth Basketball League 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 06/2024, Glen Rock Youth Basketball League Inc generated $134.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $134.4k during the year ending 06/2024. While expenses have increased by 5.6% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
FOR THE YEAR THE GRYBL OPERATED ITS ANNUAL BASKETBALL LEAGUE INCLUDING TRAVELING TEAMS. THE LEAGUE WAS RUN FOR GIRLS AND BOYS IN THIRD THROUGH EIGHTH GRADE, FROM DECEMBER TO MARCH. THE LEAGUE EDUCATED ITS PARTICIPANTS IN THEIR KNOWLEDGE OF BASKETBALL THROUGH PRACTICES, CLINICS, AND GAMES. ALL UNDER THE GUIDANCE OF QUALIFIED INSTRUCTORS.THE LEAGUE ALSO HELPS TO COMBAT JUVENILE DELINQUENCY. THE EXEMPT PURPOSE ACHIEVEMENTS FURTHER THE EXEMPT PURPOSE OF THE LEAGUE AS DISCUSSED ABOVE.APPROXIMATELY 500-600 STUDENTS PARTICIPATE IN THE LEAGUE ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Mcnair President | 2 | $0 | |
Bill Wise Vice President | 2 | $0 | |
Matt Mcgoey Vice President | 2 | $0 | |
Robert Lopez Treasurer | 2 | $0 | |
Seamus Morely Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $134,620 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,620 |
| 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 | $430 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $202 |
| Other expenses | $133,727 |
| Total expenses | $134,359 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,699 |
| Other assets | $0 |
| Total assets | $28,699 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,699 |