Little League Baseball Inc
- Assets
- $121.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lincroft, NJ
- Founding
- 01/1967
- Data as of
- 09/2022
- EIN
- 22-6104264
Organization Overview
Little League Baseball Inc is located in Lincroft, NJ. The organization was established in 1967. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Little League Baseball 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 09/2022, Little League Baseball Inc generated $178.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $167.0k during the year ending 09/2022. While expenses have increased by 4.6% 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
PROVIDED A SAFE ENVIRONMENT FOR TOWN LITTLE LEAGUE FOR OVER 700 KIDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Panaccione Treasurer | 10 | $0 | |
Jim Brett President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,727 |
| Total Program Service Revenue | $161,170 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $178,457 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $1,708 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $165,305 |
| Total expenses | $167,013 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,372 |
| Other assets | $0 |
| Total assets | $121,372 |
| Total liabilities | $0 |
| Net assets or fund balances | $121,372 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Major League Baseball Youth Foundation New York, NY | $13,010,715 | $5,223,219 |
Baldwin Emergency Medical Service Pittsburgh, PA | $3,805,310 | $3,984,374 |
Babe Ruth League Inc Hamilton, NJ | $13,342,354 | $4,098,031 |
Pittsburgh Three Rivers Marathon Inc Pittsburgh, PA | $3,549,532 | $3,806,189 |
Mlb-Mlbpa Youth Development Foundation New York, NY | $18,472,845 | $3,947,682 |
Pitch In For Baseball Harleysville, PA | $4,184,425 | $3,556,948 |
303 Development Foundation Corp Staten Island, NY | $4,791,074 | $2,443,003 |
Pony Baseball Inc Washington, PA | $2,680,551 | $1,084,013 |
Little League Baseball Inc Melville, NY | $110,455 | $755,010 |
Miracle League Of The South Hills Inc Bethel Park, PA | $1,176,929 | $665,112 |
Cambria County Legion Recreation Assn Ebensburg, PA | $1,516,758 | $649,692 |
Amateur Softball Assoc Of Pennsylvania Inc Harrisburg, PA | $771,414 | $579,969 |