Pony Baseball Inc is located in Washington, PA. The organization was established in 1954. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. As of 08/2023, Pony Baseball Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pony 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 08/2023, Pony Baseball Inc generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $1.2m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THIS CORPORATION SHALL BE TO ORGANIZE AND SUPERVISE THE PLAYING OF YOUTH BASEBALL AND SOFTBALL FOR BOYS AND GIRLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION OF YOUTH BASEBALL & SOFTBALL PROGRAMS FOR BOYS AND GIRLS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Abraham L Key III President | OfficerTrustee | 40 | $94,049 |
Karen Reese Director | Trustee | 40 | $58,800 |
Stephanie Allen Secretary | OfficerTrustee | 15 | $0 |
Eva Arambula Director | Trustee | 10 | $0 |
Jan Bagin Director | Trustee | 10 | $0 |
Arnulfo Banda Vice Pres | OfficerTrustee | 15 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $146,213 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $146,213 |
Total Program Service Revenue | $496,478 |
Investment income | $45,108 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $291,595 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $60,643 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,078,397 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $155,697 |
Compensation of current officers, directors, key employees. | $46,709 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $143,600 |
Pension plan accruals and contributions | $17,787 |
Other employee benefits | $56,521 |
Payroll taxes | $23,388 |
Fees for services: Management | $0 |
Fees for services: Legal | $244 |
Fees for services: Accounting | $22,775 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,481 |
Advertising and promotion | $0 |
Office expenses | $149,479 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $207,144 |
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 | $66,682 |
Insurance | $50,325 |
All other expenses | $69,632 |
Total functional expenses | $1,156,191 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $194,602 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $9,519 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $34,747 |
Prepaid expenses and deferred charges | $16,255 |
Net Land, buildings, and equipment | $1,326,174 |
Investments—publicly traded securities | $1,031,847 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $89,544 |
Total assets | $2,702,688 |
Accounts payable and accrued expenses | $1,011 |
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 | $356,143 |
Total liabilities | $357,154 |
Net assets without donor restrictions | $2,253,855 |
Net assets with donor restrictions | $91,679 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,702,688 |