Lake Central Youth Basketball Assn Inc is located in St John, IN. The organization was established in 1993. 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. Lake Central Youth Basketball Assn 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, Lake Central Youth Basketball Assn Inc generated $96.0k in total revenue. All expenses for the organization totaled $98.0k during the year ending 06/2023. While expenses have increased by 200.9% per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A SAFE ENVIRONMNENT IN WHICH KIDS CAN LEARN AND ENJOY THE GAME OF BASKETBALL. WE ENCOURAGE AND EMPHASIZE GOOD SPORTSMANSHIP, THE DEVELOPMENT OF INDIVIDUAL SKILLS AND THE IMPORTANCE OF TEAMWORK.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jessie Mullen President | 1 | $0 | |
Thomas Lane Treasurer | 1 | $0 | |
Diane Myers Secretary | 1 | $0 | |
Roger Wells Vice President | 1 | $0 | |
Michael Myers Referees | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $95,418 |
Membership dues | $0 |
Investment income | $622 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $96,040 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $25,952 |
Professional fees and other payments to independent contractors | $935 |
Occupancy, rent, utilities, and maintenance | $36,398 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $34,697 |
Total expenses | $97,982 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $70,515 |
Other assets | $0 |
Total assets | $70,515 |
Total liabilities | $0 |
Net assets or fund balances | $70,515 |