Norfolk Youth Baseball Inc
- Assets
- $37.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, NE
- Founding
- 06/2015
- Data as of
- 12/2023
- EIN
- 46-4720172
Organization Overview
Norfolk Youth Baseball Inc is located in Norfolk, NE. The organization was established in 2015. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. Norfolk Youth Baseball 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 12/2023, Norfolk Youth Baseball Inc generated $71.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $65.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
NORFOLK YOUTH BASEBALL PROMOTES AND PROVIDES BASEBALL ACTIVITIES IN THE NORFOLK, NEBRASKA AREA. THROUGH CONDUCTING BASEBALL PRACTICES AND BASEBALL GAMES, THE ORGANIZATION EDUCATES YOUTH OF ALL AGES BY PROVIDING AN ACTIVITY THAT PROMOTES AND INSTILLS GOOD VALUES INCLUDING HONESTY, DISCIPLINE, HARD WORK, TEAMWORK, AND INTEGRITY. THE ORGANIZATION SERVES TO DEVELOP GOOD CHARACTER QUALITIES IN YOUTH IN THE NORTHEAST NEBRASKA REGION AND CONSEQUENTLY HELPS THE AREA SCHOOL SYSTEMS AND COMMUNITIES BY KEEPING KIDS OUT OF TROUBLE THROUGH GIVING THEM AN ACTIVITY TO FOCUS THEIR TIME AND ATTENTION ON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Magnussen Vice President | 0 | $0 | |
Darren Papstein President | 0 | $0 | |
Shawn Beaudette Secretary | 0 | $0 | |
Allen Stateler Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,700 |
| Total Program Service Revenue | $37,755 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,877 |
| Other Revenue | $1,307 |
| Total Revenue | $71,641 |
| 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 | $823 |
| Occupancy, rent, utilities, and maintenance | $5,430 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,580 |
| Total expenses | $65,833 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,184 |
| Other assets | $0 |
| Total assets | $37,184 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,184 |