Reading Babe Ruth League Inc is located in Reading, MA. The organization was established in 1997. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. Reading Babe Ruth League 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 10/2021, Reading Babe Ruth League Inc generated $48.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $53.2k during the year ending 10/2021. As we would expect to see with falling revenues, expenses have declined by (4.1%) 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
2021
Describe the Organization's Program Activity:
Part 3
SPRING & SUMMER BASEBALL PROGRAMS WERE PROVIDED TO READING'S YOUTH AGES 13 - 18
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Algeri Vice President & Director | 2 | $0 | |
Chris Beneke Director | 2 | $0 | |
Jeff Pierce President & Director | 5 | $0 | |
Kevin Mccadden Director | 2 | $0 | |
Chris Costa Treasurer & Director | 2 | $0 | |
Roy Sletterink Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,250 |
Total Program Service Revenue | $47,183 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $48,433 |
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 | $910 |
Occupancy, rent, utilities, and maintenance | $5,614 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $46,718 |
Total expenses | $53,242 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,488 |
Other assets | $0 |
Total assets | $10,304 |
Total liabilities | $0 |
Net assets or fund balances | $10,304 |
Over the last fiscal year, we have identified 1 grants that Reading Babe Ruth League Inc has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Major League Baseball Youth Foundation New York, NY | $13,010,715 | $5,223,219 |
The Baseball Inc Roxbury, MA | $2,393,613 | $3,601,318 |
South Shore Conference Inc Brockton, MA | $586,896 | $3,264,192 |
Mlb-Mlbpa Youth Development Foundation New York, NY | $18,472,845 | $3,947,682 |
303 Development Foundation Corp Staten Island, NY | $4,791,074 | $2,443,003 |
Cape Cod Baseball League Inc Cotuit, MA | $1,513,304 | $724,156 |
Little League Baseball Inc Melville, NY | $110,455 | $755,010 |
New England Baseball Club Inc Needham, MA | $75,068 | $719,972 |
Westport Baseball & Softball Inc Westport, CT | $1,343,398 | $769,405 |
Little League Baseball Inc Staten Island, NY | $302,109 | $589,081 |
Ct Capitals Baseball Organization Hartford, CT | $255,414 | $570,929 |
Merillon Sports Association Inc New Hyde Park, NY | $248,355 | $534,294 |