New Ulm Basketball Association
- Assets
- $105.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Ulm, MN
- Founding
- 05/1995
- Data as of
- 03/2023
- EIN
- 41-1760752
Organization Overview
New Ulm Basketball Association is located in New Ulm, 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. New Ulm 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 03/2023, New Ulm Basketball Association generated $104.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $65.2k during the year ending 03/2023. While expenses have increased by 4.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
BOYS AND GIRLS IN GRADES K-8 WERE GIVEN INSTRUCTION & OPPORTUNITIES TO DISPLAY THEIR SKILLS THROUGH PRACTICES, CLINICS, TOURNAMENTS, AND A MINI- LEAGUE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Hansen President | 2 | $0 | |
Matt Rabe Treasurer | 2 | $0 | |
Charles Rasche Secretary | 2 | $0 | |
Trevor Slette Vice Preside | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $104,463 |
| Membership dues | $0 |
| Investment income | $44 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,507 |
| 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 | $3,973 |
| Printing, publications, postage, and shipping | $632 |
| Other expenses | $60,600 |
| Total expenses | $65,205 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,069 |
| Other assets | $0 |
| Total assets | $105,069 |
| Total liabilities | $0 |
| Net assets or fund balances | $105,069 |