Basketball Warehouse Inc
- Assets
- $13.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Largo, FL
- Founding
- 08/2011
- Data as of
- 12/2020
- EIN
- 45-2428372
Organization Overview
Basketball Warehouse Inc is located in Largo, FL. The organization was established in 2011. 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. Basketball Warehouse 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 12/2020, Basketball Warehouse Inc generated $14.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $56.7k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
THE BASKETBALL WAREHOUSE WAS ESTABLISHED TO PROVIDE A PLACE FOR KIDS TO PLAY BASKETBALL, GET EXTRA HELP IN THEIR CLASSROOM STUDIES, AND DO THEIR HOMEWORK AFTER SCHOOL. WE PROVIDE TAILORED TRAINING PROGRAMS THAT CENTER AROUND BASKETBALL TO SATISFY EACH STUDENT/ATHLETE'S INDIVIDUAL NEEDS IN A POSITIVE, ENCOURAGING ENVIRONMENT. OUR GOAL IS TO DEVELOP THE STUDENT PHYSICALLY, MENTALLY, AND SPIRITUALLY. AS A RESULT, STUDENTS OF THE BASKETBALL WAREHOUSE WILL HAVE MORE ENERGY, LESS STRESS, BETTER FOCUS, IMPROVED STRENGTH, AND A STRONGER SENSE OF SELF. WE STRIVE TO HELP OUR CHILDREN REACH THEIR ACADEMIC AND LIFE POTENTIAL THROUGH SPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daryl W Blume President | 1 | $0 | |
Allen Williams Vice President | 20 | $0 | |
John Fields Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,250 |
| Total Program Service Revenue | $12,620 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,870 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,795 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,420 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,438 |
| Total expenses | $56,653 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,554 |
| Other assets | $0 |
| Total assets | $13,554 |
| Total liabilities | $38,019 |
| Net assets or fund balances | -$24,465 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Basketball Host Committee Inc Atlanta, GA | $206,440 | $2,456,960 |
Womens Basketball Coaches Assoc Lilburn, GA | $4,492,393 | $3,129,044 |
Peace Cdc Inc Miami, FL | $147,371 | $831,617 |
Atlanta Tip Off Club Inc Atlanta, GA | $927,333 | $681,924 |
Florida Collegiate Summer League Inc Longwood, FL | $124,980 | $434,402 |
Classic Basketball Inc Fort Myers, FL | $189,433 | $433,611 |
Team Griffin Foundation Atlanta, GA | $82,092 | $394,182 |
Jacksonville Beach Baseball Association Inc Jacksonville Beach, FL | $178,033 | $333,722 |
Southern Basketball Camps Homewood, AL | $50,938 | $326,330 |
East Marietta Basketball Inc Marietta, GA | $142,713 | $286,045 |
Boca Hoops Inc Boca Raton, FL | $57,862 | $304,347 |
Greater Georgia Basketball Officials Inc Smyrna, GA | $3,347 | $252,473 |