Big Lake Youth Basketballassociation
- Assets
- $24.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Big Lake, MN
- Founding
- 03/2009
- Data as of
- 08/2023
- EIN
- 26-0582656
Organization Overview
Big Lake Youth Basketballassociation is located in Big Lake, MN. The organization was established in 2009. 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. Big Lake Youth Basketballassociation 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, Big Lake Youth Basketballassociation generated $70.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $74.4k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION BELIEVES IN THE PROMOTION OF BASKETBALL IN THE BIG LAKE ATTENDANCE AREA AND THE DEVELOPMENT OF A COMPETITIVE BASKETBALL PROGRAM. PARTICIPATION WILL FOCUS ON CAMARADERIE, SPORTSMANSHIP AND THE INTENSE INSTRUCTION OF BASKETBALL FUNDAMENTALS AND HAVING FUN WHILE TRAVELING TO OTHER COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Badeaux President | 0 | $0 | |
Chris Waite Vice Preside | 0 | $0 | |
Nicole Fiksdal Treasurer | 0 | $0 | |
Megan Prins Secretary | 0 | $0 | |
Rick Badeaux Tournament D | 0 | $0 | |
Robert Hoekstra Volunteer Co | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $53,562 |
| Membership dues | $12,785 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,419 |
| Total Revenue | $70,766 |
| 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 | $17,946 |
| Occupancy, rent, utilities, and maintenance | $15,724 |
| Printing, publications, postage, and shipping | $559 |
| Other expenses | $40,167 |
| Total expenses | $74,396 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,364 |
| Other assets | $0 |
| Total assets | $24,364 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,364 |