Family Basketball Organization Of Detroit
- Assets
- $36.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lathrup Village, MI
- Founding
- 04/1999
- Data as of
- 12/2021
- 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 12/2021, Family Basketball Organization Of Detroit generated $90.0k 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 (3.3%) each year. All expenses for the organization totaled $104.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 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
2021
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 |
|---|---|---|---|
Brandon Walker Director | 2 | $0 | |
Durand Walker Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,000 |
| 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 | $90,000 |
| 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 | $3,000 |
| Occupancy, rent, utilities, and maintenance | $6,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $94,771 |
| Total expenses | $104,271 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,329 |
| Other assets | $0 |
| Total assets | $36,329 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,329 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Cat Basketball League South Lyon, MI | $48,125 | $336,283 |
Wisconsin Basketball Coaches Association Cuba City, WI | $470,993 | $294,847 |
24up Inc New Berlin, WI | $173,156 | $373,384 |
Wisconsin Blizzard Basketball Inc Greenville, WI | $47,098 | $270,677 |
Gym Rats Inc Fort Wayne, IN | $64,648 | $177,008 |
Pewaukee Basketball Club Inc Pewaukee, WI | $183,485 | $313,004 |
Distinxion Incorporated Washington, IN | $139,664 | $256,666 |
Hse Fishers Boys Basketball Inc Fishers, IN | $77,394 | $252,385 |
Massillon Youth Sports Association Inc Massillon, OH | $25,778 | $221,869 |
Jackson Youth Basketball Association Canton, OH | $99,095 | $171,175 |
The Big Hoopla Inc Dayton, OH | $537,311 | $13,150 |
Indiana Basketball Coaches Association Inc Avon, IN | $181,580 | $276,217 |