Arlington Heights Youth Basketball Association
- Assets
- $71.8k
- Revenue
- $143.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- 08/1977
- Data as of
- 04/2021
- EIN
- 36-2906775
Organization Overview
Arlington Heights Youth Basketball Association is located in Arlington Heights, IL. The organization was established in 1977. 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. Arlington Heights Youth Basketball Association 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 04/2021, Arlington Heights Youth Basketball Association generated $143.2k 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 (9.9%) each year. All expenses for the organization totaled $114.0k during the year ending 04/2021. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
YOUTH BASKETBALL INSTRUCTIONAL PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH BASKETBALL INSTRUCTIONAL PROGRAM
YOUTH BASKETBALL INSTRUCTIONAL PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Cosley President | OfficerTrustee | 5 | $0 |
Evan Goldberg Treasurer | OfficerTrustee | 5 | $0 |
Bob Churchill Director | Trustee | 5 | $0 |
Jon May Secretary | OfficerTrustee | 5 | $0 |
Jerry Klopp Director | Trustee | 5 | $0 |
Nate Sather Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $143,181 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $14,440 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,352 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,488 |
| All other expenses | $0 |
| Total functional expenses | $113,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,632 |
| Savings and temporary cash investments | $30,139 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $71,771 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $71,771 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Basketball Coaches Kansas City, MO | $7,492,975 | $6,879,648 |
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 |
Lake Of The Ozarks Shootout Sunrise Beach, MO | $47,312 | $973,884 |
Beyond Ball Urbandale, IA | $92,012 | $636,105 |
Knights Basketball Academy Midwest St Charles, MO | $215,472 | $572,008 |
Kentucky Cobras Inc Florence, KY | $27,896 | $450,667 |
Ignite Hoops Arlington Heights, IL | $158,269 | $413,630 |
Wisconsin Basketball Coaches Association Cuba City, WI | $470,993 | $294,847 |
Kentucky All A Classic Inc Mt Washington, KY | $190,769 | $310,106 |
24up Inc New Berlin, WI | $173,156 | $373,384 |