Topsail Basketball Association Inc
- Assets
- $56.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hampstead, NC
- Founding
- 04/2012
- Data as of
- 06/2017
- EIN
- 27-1970943
Organization Overview
Topsail Basketball Association Inc is located in Hampstead, NC. 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. Topsail Basketball Association 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 06/2017, Topsail Basketball Association Inc generated $45.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $48.5k during the year ending 06/2017. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Manning President | 2 | $0 | |
Ron Satterfield Secretary | 2 | $0 | |
Bob Willard Vice President | 2 | $0 | |
Emily Neuenfeldt Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $42,792 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,270 |
| 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 | $10,576 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,941 |
| Total expenses | $48,517 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,673 |
| Other assets | $0 |
| Total assets | $56,673 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,673 |