Central Mass Basketball Academy Inc
- Assets
- $207.0
- Revenue
- $2.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Holden, MA
- Founding
- 10/2015
- Data as of
- 12/2020
- EIN
- 47-3459630
Organization Overview
Central Mass Basketball Academy Inc is located in Holden, MA. The organization was established in 2015. 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. Central Mass Basketball Academy 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, Central Mass Basketball Academy Inc generated $2.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (41.9%) each year. All expenses for the organization totaled $4.7k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Zingarella Treasur | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,079 |
| Total Revenue | $2,079 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,014 |
| Total operating and administrative expenses | $4,664 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $207 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $2,645 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,645 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rising Stars Inc Uniondale, NY | $2,003,624 | $2,371,167 |
Lightning Basketball Inc West Hempstead, NY | $12,742 | $1,304,966 |
Shooting Touch Hyde Park, MA | $603,933 | $1,175,352 |
Amateur Athletic Union Of The United States Meriden, CT | $77,652 | $760,443 |
Coaching For Change Inc Taunton, MA | $1,018,552 | $1,148,634 |
Brooklyn Youth Sports Club Inc Brooklyn, NY | $278,702 | $673,770 |
Fundamental Hoops Inc North Andover, MA | $33,088 | $499,058 |
Ridgefield Basketball Association Inc Ridgefield, CT | $117,228 | $445,659 |
Mo Motion Inc New York, NY | $100,208 | $419,832 |
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 |