Mount Laurel Basketball Association Inc
- Assets
- $145.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Laurel, NJ
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 45-4265701
Organization Overview
Mount Laurel Basketball Association Inc is located in Mount Laurel, NJ. The organization was established in 2014. 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. Mount Laurel 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 12/2021, Mount Laurel Basketball Association Inc generated $181.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $81.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION RUNS YOUTH BASKETBALL LEAGUES AND TOURNAMENTS FOR CHILDREN AGES FIVE (5) THROUGH NINETEEN (19) IN MOUNT LAUREL, NEW JERSEY. THE PURPOSE OF THE ORGANIZATION SHALL BE TO PROVIDE A SOUND EXPERIENCE AND PERMANENT ORGANIZATION DEDICATED TO FIRMLY INSTILLING IN YOUNG PERSONS OF THE COMMUNITY A SPIRIT OF TEAMWORK, LOYALTY, INTEGRITY, HONESTY, FAIR PLAY, GOOD SPORTSMANSHIP AND RESPECT FOR AUTHORITY THROUGH PARTICIPATION IN ORGANIZED BASKETBALL. THIS PURPOSE IS SOUGHT WITH THE INTENT TO FOSTER A SETTING FOR THE YOUNG PERSONS PARTICIPATING IN THE VARIOUS PROGRAMS OF THE ORGANIZATION TO BECOME MORE WELL-ADJUSTED, STRONGER AND HAPPIER. IT IS THE FURTHER INTENT OF THE ORGANIZATION TO ADVANCE, ENLARGE AND PERPETUATE THE SCOPE AND QUALITY OF AMATEUR BASKETBALL IN THE AREA BY STIMULATING PUBLIC INTEREST IN AMATEUR BASKETBALL AND BY PROVIDING FOR THE INSTRUCTION AND EDUCATION OF PLAYERS IN BASKETBALL FUNDAMENTALS. PROVIDED, HOWEVER, THAT THE ATTAINMENT OF EXCEPTIONAL ATHLETIC OR BASKETBALL SKILL OR THE WINNING OF GAMES IS SECONDARY IN IMPORTANCE, AND THE MOLDING OF FUTURE CITIZENS IS THE PRIMARY OBJECTIVE OF THE ORGANIZATION. THE CONDUCT OF ALL PERSONS INVOLVED WITH THE ORGANIZATION MUST ALWAYS BE CONSISTENT WITH THIS OBJECTIVE.
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 |
|---|---|---|---|
Khary Freeland Dir Girls' Travel & Training | 0.25 | $0 | |
Gregg Quinn Dir Boys' Travel As Of 11/1 | 0.25 | $0 | |
Janice Milley Director | 4 | $0 | |
Austin Craley Facilities Coordinator | 0.25 | $0 | |
Alan Anton Referee Coordinator As Of 11/1 | 0.25 | $0 | |
Chris Beeler President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $181,466 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $181,466 |
| 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 | $2,566 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $78,535 |
| Total expenses | $81,101 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,161 |
| Other assets | $0 |
| Total assets | $145,161 |
| Total liabilities | $0 |
| Net assets or fund balances | $145,161 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rising Stars Inc Uniondale, NY | $2,003,624 | $2,371,167 |
Philadelphia Youth Basketball Inc Philadelphia, PA | $5,613,028 | $5,515,236 |
North Pittsburgh Youth Hockey Association Warrendale, PA | $437,392 | $1,288,322 |
Lightning Basketball Inc West Hempstead, NY | $12,742 | $1,304,966 |
Brooklyn Youth Sports Club Inc Brooklyn, NY | $278,702 | $673,770 |
Renegades Southampton, PA | $191,636 | $540,042 |
Mo Motion Inc New York, NY | $100,208 | $419,832 |
Ozanam Inc Pittsburgh, PA | $112,496 | $419,233 |
Mvp Basketball Camps Inc White Plains, NY | $162,806 | $376,016 |
Holcombe Rucker Community League Inc New York, NY | $577,066 | $46,158 |
Palisades Elite Stony Point, NY | $0 | $319,459 |
Mission 5 & 2 Ardmore, PA | $99 | $236,614 |