Northeast Side-Sherman Youth Basketball Association Inc is located in Madison, WI. The organization was established in 1996. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Northeast Side-Sherman Youth Basketball Association 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 07/2024, Northeast Side-Sherman Youth Basketball Association Inc generated $78.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $105.1k during the year ending 07/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
UNDER PRIVILEGED YOUTH ORGANIZATION PROVIDING BOTH RECREATIONAL AND COMPETITIVE BASKETBALL TEAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stacy Norton Treasurer/secretary | 3 | $4,038 | |
Maurice Jordan President | 40 | $24,000 | |
Don Jones At-Large | 4 | $1,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $54,920 |
Total Program Service Revenue | $0 |
Membership dues | $23,062 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $18 |
Total Revenue | $78,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $29,038 |
Professional fees and other payments to independent contractors | $9,448 |
Occupancy, rent, utilities, and maintenance | $8,705 |
Printing, publications, postage, and shipping | $200 |
Other expenses | $57,667 |
Total expenses | $105,058 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,630 |
Other assets | $0 |
Total assets | $20,630 |
Total liabilities | $0 |
Net assets or fund balances | $20,630 |