Madison Memorial Youth Basketball Inc
- Assets
- $106.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 07/2014
- Data as of
- 12/2019
- EIN
- 35-2491590
Organization Overview
Madison Memorial Youth Basketball Inc is located in Madison, WI. The organization was established in 2014. 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. Madison Memorial Youth Basketball 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 12/2019, Madison Memorial Youth Basketball Inc generated $66.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $51.9k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
BASKETBALL TEAMS FOR YOUTH
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Schlitz Chairman | 0 | $0 | |
Steve Collins Director | 0 | $0 | |
Adrian Mixon Director | 0 | $0 | |
Marques Flowers Director | 0 | $0 | |
Zachary Blumenfeld Secretary | 0 | $0 | |
Sacia Wheeler Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,796 |
| Total Program Service Revenue | $0 |
| Membership dues | $46,027 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,823 |
| Statement of Expenses | |
|---|---|
| Total expenses | $51,913 |
| Balance Sheet | |
|---|---|
| Total assets | $106,293 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,293 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Madison Memorial Youth Basketball Inc has recieved totaling $29,052.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,526 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,526 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Youth Athletic Foundation Ames, IA | $5,772,700 | $2,413,447 |
Forum Of Christian Leaders Wheaton, IL | $307,653 | $1,435,931 |
Kingdom Cares International Des Moines, IA | $16,985 | $1,214,435 |
Minnesota Heat Hoops Inc Maple Grove, MN | $44,467 | $727,071 |
Beyond Ball Urbandale, IA | $92,012 | $636,105 |
Osseo Maple Grove Basketball Association Maple Grove, MN | $1,284,247 | $768,058 |
Wayzata Boys Basketball Association Plymouth, MN | $140,585 | $502,960 |
Central Minnesota Basketball Club Inc Sartell, MN | $56,235 | $442,197 |
Ignite Hoops Arlington Heights, IL | $158,269 | $413,630 |
Big Cat Basketball League South Lyon, MI | $48,125 | $336,283 |
Rochester Youth Baseball Association Inc Rochester, MN | $382,817 | $342,839 |
Farmington Youth Basketball Association Farmington, MN | $101,358 | $307,970 |