Waves Basketball Club
- Assets
- $8.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 08/2002
- Data as of
- 12/2021
- EIN
- 33-0964717
Organization Overview
Waves Basketball Club is located in San Diego, CA. The organization was established in 2002. 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. Waves 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, Waves Basketball Club generated $26.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $27.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 7 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
FEMALE CHILDREN WERE PROVIDED THE OPPORTUNITY TO PARTICIPATE AND COMPETE IN A SPORTING ACTIVITY WITHIN A SAFE ENVIRONMENT WHERE THEY COULD EXPERIENCE PROPER COACHING, TEAM PLAY, AND INTRA-CITY COMPETITION IN THE GAME OF BASKETBALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Bamford President | 2 | $0 | |
Taras N Liskevych Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $26,478 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,478 |
| 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 | $738 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,366 |
| Total expenses | $27,104 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,361 |
| Other assets | $0 |
| Total assets | $8,361 |
| Total liabilities | $30,998 |
| Net assets or fund balances | -$22,637 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Waves Basketball Club has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Intuit Foundation Mountain View, CA PURPOSE: MATCHING GIFTS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ultimate Sports Association Walnut Creek, CA | $1,241,895 | $1,889,365 |
West Coast Elite El Segundo, CA | $47,085 | $1,056,757 |
Socal-Elite Sports Inc Irvine, CA | $856,246 | $1,237,491 |
National Junior Basketball Tustin, CA | $68,241 | $690,890 |
Tarkanian Basketball Academy Inc Las Vegas, NV | $1,084,791 | $736,106 |
Team Esface Inc Redwood City, CA | $170,608 | $568,435 |
Northwest Womens Intercollegiate Basketball Officials Assocaition Salem, OR | $163,779 | $398,334 |
Palo Alto NATIONAL JUNIOR BASKETBALL Los Altos Hills, CA | $0 | $303,126 |
Sierra Nevada Basketball Inc Reno, NV | $2,943 | $276,310 |
East Bay Basketball Officials Association Hercules, CA | $1,000 | $275,181 |
Rocklin Girls Fast Pitch Softball Rocklin, CA | $60,559 | $238,087 |
Jk Select Inc Woodland Hills, CA | $7,021 | $277,034 |