Gretna Basketball Association
- Assets
- $208.3k
- Revenue
- $190.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 12/2009
- Data as of
- 12/2021
- EIN
- 26-1234298
Organization Overview
Gretna Basketball Association is located in Omaha, NE. The organization was established in 2009. 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. Gretna Basketball Association 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, Gretna Basketball Association generated $190.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $179.5k during the year ending 12/2021. While expenses have increased by 0.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GRETNA BASKETBALL ASSOCIATION IS TO PROMOTE YOUTH BASKETBALL PROGRAMS IN GRETNA, NEBRASKA, HOLDING OR ARRANGING AMATEUR BASKETBALL TEAMS, LEAGUES AND TOURNAMENTS AND TO OFFER OR CONTRIBUTE TOWARDS THE PROVISION OF PRIZES AND AWARDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRETNA BASKETBALL ASSOCIATION ORGANIZES AND SUPERVISES A FALL LEAGUE AND A WINTER LEAGUE FOR APPROXIMATELY 900 GRETNA YOUTH IN GRADES 1 THROUGH 8. THE LEAGUES INCLUDE INSTRUCTION, GAMES AND TOURNAMENTS.
GRETNA BASKETBALL HOLDS AN ANNUAL TOURNAMENT FEATURING AREA YOUTH BASKETBALL TEAMS, GIVING THE GRETNA TEAMS AN OPPORTUNITY TO COMPETE WITH OTHER YOUTH.
GRETNA BASKETBALL ASSOCIATION PROVIDES SCHOLARSHIPS ANNUALLY TO SENIORS GRADUATING FROM GRETNA HIGH SCHOOL, WHO HAVE BEEN ACTIVE IN THE BASKETBALL PROGRAM. IN 2021, $5,250 IN SCHOLARSHIPS WERE GIVEN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Johnson President | OfficerTrustee | 5 | $0 |
Pat Calvert Treasurer | OfficerTrustee | 5 | $0 |
Shari Huntwork Secretary | OfficerTrustee | 5 | $0 |
Ben Vetter Director | Trustee | 5 | $0 |
Financial Statements
| 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 | $300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300 |
| Total Program Service Revenue | $187,483 |
| Investment income | $458 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $1,930 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $190,171 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,310 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75,104 |
| Advertising and promotion | $0 |
| Office expenses | $5,493 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,000 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,346 |
| All other expenses | $0 |
| Total functional expenses | $179,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,890 |
| Savings and temporary cash investments | $77,396 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $208,286 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $208,286 |
| Net assets with donor restrictions | $0 |
| 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 | $208,286 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Life360 Community Services Springfield, MO | $10,006,049 | $26,351,423 |
Year One Inc Denver, CO | $3,272,334 | $5,406,313 |
Optimist International Saint Louis, MO | $4,353,135 | $4,531,047 |
Millard United Sports Omaha, NE | $2,238,363 | $3,321,799 |
Boys And Girls Clubs Of The Columbia Area Columbia, MO | $4,174,183 | $2,636,782 |
Hope Center Inc Omaha, NE | $5,012,297 | $2,174,111 |
Freedom For Youth Ministries Des Moines, IA | $3,745,728 | $1,950,742 |
Boys & Girls Club Of Jefferson City Jefferson City, MO | $4,470,698 | $2,010,327 |
Ice Sports Association Sioux Falls, SD | $8,319,597 | $1,512,869 |
Papillion Recreational Organization Papillion, NE | $614,737 | $995,726 |
Pallottine Renewal Center Inc Florissant, MO | $422,521 | $1,071,564 |
Project Youth Inc Rock Valley, IA | $4,060,122 | $1,703,907 |