Family Basketball Organization Of Detroit
- Assets
- $571.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lathrup Village, MI
- Founding
- 04/1999
- Data as of
- 12/2022
- EIN
- 38-3382636
Organization Overview
Family Basketball Organization Of Detroit is located in Lathrup Village, MI. The organization was established in 1999. 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. Family Basketball Organization Of Detroit 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, Family Basketball Organization Of Detroit generated $99.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $135.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION SPONSOR NEIGBORHOOD YOUTH BASKETBALL F YOUTH FORM AGED 7 - 18 THE ORGANIZATION SERVED APPROXIM 150 YOUTHS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Durand Walker Director | 5 | $0 | |
Brandon Walker Director | 2 | $0 | |
Durand A Walker II Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,715 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,715 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,250 |
| Occupancy, rent, utilities, and maintenance | $9,561 |
| Printing, publications, postage, and shipping | $59 |
| Other expenses | $120,603 |
| Total expenses | $135,473 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $571 |
| Other assets | $0 |
| Total assets | $571 |
| Total liabilities | $0 |
| Net assets or fund balances | $571 |