Palos Baseball Organization Inc
- Assets
- $227.2k
- Revenue
- $261.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Palos Heights, IL
- Founding
- 10/2001
- Data as of
- 12/2021
- EIN
- 36-4327837
Organization Overview
Palos Baseball Organization Inc is located in Palos Heights, IL. The organization was established in 2001. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Palos Baseball Organization 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 12/2021, Palos Baseball Organization Inc generated $261.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $182.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.9%) 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
PROVIDE BASEBALL FIELDS, COACHES, UNIFORMS, EQUIPMENT AND ORGANIZED BASEBALL ACTIVITIES FOR BOYS AND GIRLS BETWEEN THE AGES OF 7 AND 17.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE BASEBALL FIELDS, COACHES, UNIFORMS, EQUIPMENT AND ORGANIZED BASEBALL ACTIVITIES FOR BOYS AND GIRLS BETWEEN THE AGES OF 7 AND 17.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mario Urquizo Secretary | OfficerTrustee | 5 | $0 |
Tom Haseman President | OfficerTrustee | 5 | $0 |
Billy Storrs Vice President | OfficerTrustee | 5 | $0 |
Jim Adducci Treasurer | OfficerTrustee | 5 | $0 |
Larry Amsden Trustee | Trustee | 5 | $0 |
Steve Treacy Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $261,096 |
| 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 | $261,102 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| 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 | $1,190 |
| Insurance | $4,212 |
| All other expenses | $13,488 |
| Total functional expenses | $182,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,184 |
| Savings and temporary cash investments | $0 |
| 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 |
| Net Land, buildings, and equipment | $86,022 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $227,206 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,000 |
| 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 | $1,000 |
| Net assets without donor restrictions | $226,206 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $227,206 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Palos Baseball Organization Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usa Track & Field Inc Indianapolis, IN | $46,078,915 | $33,676,790 |
Louisville Arena Authority Inc Louisville, KY | $379,313,505 | $18,535,078 |
Usa Gymnastics Indianapolis, IN | $10,341,762 | $23,572,427 |
Usa Football Indianapolis, IN | $24,226,774 | $15,821,078 |
Midway Usa Foundation Inc Columbia, MO | $194,100,293 | $37,103,631 |
Indiana Sports Corporation Indianapolis, IN | $18,372,130 | $8,869,621 |
United States Hunter Jumper Association Inc Lexington, KY | $20,251,014 | $9,522,034 |
Indy College Football Playoff Inc Indianapolis, IN | $2,356,063 | $6,670,000 |
Amateur Trapshooting Association Of America Sparta, IL | $23,868,836 | $5,940,549 |
Missouri Valley Conference Inc St Louis, MO | $10,444,732 | $10,359,535 |
Iowa Girls High School Athletic Union West Des Moines, IA | $5,061,518 | $4,564,466 |
Mid-America Intercollegiate Athletics Association Kansas City, MO | $897,244 | $2,652,440 |