Basketball Embassy
- Assets
- $54.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 35-2586465
Organization Overview
Basketball Embassy is located in San Antonio, TX. 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. Basketball Embassy 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 12/2022, Basketball Embassy generated $95.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $95.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Dial President | 20 | $30,000 | |
Zack M Dischiano Communications Director | 25 | $24,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,000 |
| Total Program Service Revenue | $49,352 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,271 |
| Other Revenue | $0 |
| Total Revenue | $95,623 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,000 |
| Professional fees and other payments to independent contractors | $5,625 |
| Occupancy, rent, utilities, and maintenance | $1,400 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,129 |
| Total expenses | $95,154 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,987 |
| Other assets | $0 |
| Total assets | $54,087 |
| Total liabilities | $846 |
| Net assets or fund balances | $53,241 |