Boston Gay Basketball League Inc
- Assets
- $8.1k
- Revenue
- $43.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/2017
- Data as of
- 06/2023
- EIN
- 32-0543382
Organization Overview
Boston Gay Basketball League Inc is located in Boston, MA. The organization was established in 2017. 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. Boston Gay Basketball 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 06/2023, Boston Gay Basketball League Inc generated $43.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $43.0k during the year ending 06/2023. While expenses have increased by 17.9% per year over the past 2 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BGBL - BOSTON GLBTQ BASKETBALL LEAGUE PROVIDES A WELCOMING AND FUN ENVIRONMENT FOR THE COMMUNITY AND ITS ALLIES TO ENJOY THE GAME OF BASKETBALL. THE BGBL PROMOTES SPORTSMANSHIP AND CAMARADERIE AND IS FREE FROM ANY AND ALL DISCRIMINATION. SEASON AFTER SEASON WE STRENGTHEN DIVERSITY AND TOLERANCE WITHIN ATHLETICS AND OUR LARGER COMMUNITY. EACH YEAR NEW AND RETURNING PLAYERS FROM DIVERSE BACKGROUNDS JOIN TO OVERCOME OBSTACLES HAVE FUN AND BUILD FRIENDSHIPS. IN ADDITION THE BGBL HOSTS EVENTS WITH PARTNER BOSTON NON-PROFITS WHO ALSO ADVOCATE FOR SOCIAL JUSTICE AND HISTORICALLY OPPRESSED COMMUNITIES. SINCE 1994 THE BGBL HAS PLAYED AN INTEGRAL ROLE IN EXPANDING SAFE SPACES FOR THE LGBTQ+ COMMUNITY IN THE BOSTON AREA FOSTERING COMMUNITY AND INSPIRING FUTURE GENERATIONS. WE OFFER TWO DIVISIONS OF PLAY FOR ALL EXPERIENCE LEVELS INCLUDING BEGINNERS ARE WELCOME!
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jun Wang Co-Commissioner | 10 | $0 | |
Patrick Lawlor Co-Commissioner | 10 | $0 | |
Kit Chan Treasurer | 10 | $0 | |
John Persechini Director Of Operations | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $43,121 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,121 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,135 |
| Total operating and administrative expenses | $21,135 |
| Contributions, gifts, grants paid | $21,850 |
| Total expenses and disbursements | $42,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,129 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,129 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |