Owatonna Basketball Association Inc
- Assets
- $84.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Owatonna, MN
- Founding
- 12/1995
- Data as of
- 06/2023
- EIN
- 41-1502936
Organization Overview
Owatonna Basketball Association Inc is located in Owatonna, MN. The organization was established in 1995. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Owatonna 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 06/2023, Owatonna Basketball Association Inc generated $159.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $166.0k during the year ending 06/2023. While expenses have increased by 1.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Ginskey Board Member | 1 | $0 | |
Molly Busho Treasurer | 1 | $0 | |
Ashlee Tackmann Board Memebe | 1 | $0 | |
Sara Johnson President | 1 | $0 | |
Chris Holm Board Member | 1 | $0 | |
Kelli Sackett Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,200 |
| Total Program Service Revenue | $147,582 |
| Membership dues | $0 |
| Investment income | $470 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $159,252 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $47 |
| Other expenses | $165,956 |
| Total expenses | $166,003 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,600 |
| Other assets | $0 |
| Total assets | $84,600 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,600 |