Masters Basketball Association Inc
- Assets
- $8.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coral Springs, FL
- Founding
- 12/2009
- Data as of
- 07/2024
- EIN
- 26-3518547
Organization Overview
Masters Basketball Association Inc is located in Coral Springs, FL. 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. Masters Basketball Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 07/2024, Masters Basketball Association Inc generated $157.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $149.5k during the year ending 07/2024. While expenses have increased by 7.5% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
NATIONAL SENIOR CHAMPIONSHIPSWEEK LONG BASKETBALL TOURNAMENT FOR SENIORS OR MASTER ATHLETES
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 |
|---|---|---|---|
Bill Watterson Chairman | 3 | $0 | |
Jordan Klemow Board Member | 3 | $0 | |
Steven L Nelson COO | 10 | $12,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,175 |
| Total Program Service Revenue | $100,260 |
| Membership dues | $0 |
| Investment income | $108 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,543 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $70,615 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,878 |
| Other expenses | $71,978 |
| Total expenses | $149,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,685 |
| Other assets | $0 |
| Total assets | $8,685 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,685 |