Hutchinson Youth Basketball Association is located in Hutchinson, MN. The organization was established in 1979. 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. Hutchinson 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 04/2017, Hutchinson Youth Basketball Association generated $25.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $34.1k during the year ending 04/2017. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION STRIVES TO PROVIDE PERSONAL GROWTH AND SKILL DEVELOPMENT OPPORTUNITIES FOR HUTCHINSON AREA YOUTH, ON AND OFF THE COURT. ASSOCIATION IS DEDICATED TO REINFORCING POSITIVE INFLUENCES, SELF-CONFIDENCE, TEAMWORK, SPORTSMANSHIP, AND FUN THROUGH THE SPIRIT OF BB.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION PROVIDED YOUTH BASKETBALL PROGRAMS DESIGNED & STRUCTURED SO THAT ALL AREA YOUTH CAN PARTICIPATE AT A REASONABLE COST, SERVED APPROX 200 BOYS & GIRLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Randy Starke President | OfficerTrustee | 3 | $0 |
Bob Suko President | OfficerTrustee | 3 | $0 |
Mark Lansink Secretary | OfficerTrustee | 2 | $0 |
Greg Vilt Treasurer | OfficerTrustee | 3 | $0 |
Joe Nagel Director | Trustee | 1 | $0 |
Scott Gandrud Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $29 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $8,910 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,469 |
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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,125 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $821 |
Office expenses | $1,192 |
Information technology | $1,690 |
Royalties | $0 |
Occupancy | $9,850 |
Travel | $2,136 |
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 | $627 |
Insurance | $1,869 |
All other expenses | $0 |
Total functional expenses | $34,052 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $29,324 |
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 | $31,257 |
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 | $31,257 |
Total liabilities and net assets/fund balances | $31,257 |
Organization Name | Assets | Revenue |
---|---|---|
Iowa Youth Athletic Foundation Ames, IA | $5,772,700 | $2,413,447 |
Kingdom Cares International Des Moines, IA | $16,985 | $1,214,435 |
Minnesota Heat Hoops Inc Maple Grove, MN | $44,467 | $727,071 |
Beyond Ball Urbandale, IA | $92,012 | $636,105 |
Osseo Maple Grove Basketball Association Maple Grove, MN | $1,284,247 | $768,058 |
Wayzata Boys Basketball Association Plymouth, MN | $140,585 | $502,960 |
Central Minnesota Basketball Club Inc Sartell, MN | $56,235 | $442,197 |
Rochester Youth Baseball Association Inc Rochester, MN | $382,817 | $342,839 |
Farmington Youth Basketball Association Farmington, MN | $101,358 | $307,970 |
Wisconsin Basketball Coaches Association Cuba City, WI | $470,993 | $294,847 |
Lakeville North Boys Basketball Association Lakeville, MN | $246,595 | $289,956 |
24up Inc New Berlin, WI | $173,156 | $373,384 |