Holmen Youth Boys Basketball Club
- Assets
- $44.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holmen, WI
- Founding
- 04/2012
- Data as of
- 12/2021
- EIN
- 26-2702567
Organization Overview
Holmen Youth Boys Basketball Club is located in Holmen, WI. The organization was established in 2012. 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. Holmen Youth Boys Basketball Club 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, Holmen Youth Boys Basketball Club generated $32.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $39.6k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
YOUTH BASKETBALL TOURNAMENT FEES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Rink Vice President | 1 | $0 | |
Cory Berget President | 2 | $0 | |
Vince Ruger Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,250 |
| Total Program Service Revenue | $31,565 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,815 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,202 |
| Total expenses | $39,604 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,230 |
| Other assets | $0 |
| Total assets | $44,230 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Youth Athletic Foundation Ames, IA | $5,772,700 | $2,413,447 |
Forum Of Christian Leaders Wheaton, IL | $307,653 | $1,435,931 |
Kingdom Cares International Des Moines, IA | $16,985 | $1,214,435 |
Minnesota Heat Hoops Inc Maple Grove, MN | $44,467 | $727,071 |
Beyond Ball Urbandale, IA | $92,012 | $636,105 |
Osseo Maple Grove Basketball Association Maple Grove, MN | $1,284,247 | $768,058 |
Wayzata Boys Basketball Association Plymouth, MN | $140,585 | $502,960 |
Central Minnesota Basketball Club Inc Sartell, MN | $56,235 | $442,197 |
Ignite Hoops Arlington Heights, IL | $158,269 | $413,630 |
Big Cat Basketball League South Lyon, MI | $48,125 | $336,283 |
Rochester Youth Baseball Association Inc Rochester, MN | $382,817 | $342,839 |
Farmington Youth Basketball Association Farmington, MN | $101,358 | $307,970 |