Mahtomedi Basketball Association
- Assets
- $248.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mahtomedi, MN
- Founding
- 06/1991
- Data as of
- 12/2022
- EIN
- 41-1692512
Organization Overview
Mahtomedi Basketball Association is located in Mahtomedi, MN. The organization was established in 1991. 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. Mahtomedi 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 12/2022, Mahtomedi Basketball Association generated $166.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $158.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE BASKETBALL OPPORTUNITIES FOR YOUTH IN MAHTOMEDI
Describe the Organization's Program Activity:
Part 3
PROVIDED SUMMER AND WINTER BASKETBALL TRAINING PROGRAMS AND OPPORTUNITIES FOR MAHTOMEDI CHILDREN IN GRADES 3 THROUGH 8.
PROVIDED FINANCIAL RESOURCES TO VARSITY BASKETBALL PROGRAMS AT MAHTOMEDI HIGH SCHOOL FOR SUPPLIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Feustel Co-President | 4 | $0 | |
Andrew Chilson Co-President | 4 | $0 | |
Ben Nyquist Vice Preside | 2 | $0 | |
Andrew Peper Treasurer | 2 | $0 | |
Erin Hargrove Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $166,318 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $166,318 |
| 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 | $7,381 |
| Occupancy, rent, utilities, and maintenance | $700 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $150,800 |
| Total expenses | $158,881 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $248,310 |
| Other assets | $0 |
| Total assets | $248,560 |
| Total liabilities | $9,440 |
| Net assets or fund balances | $239,120 |