Wachusett Basketball Travel League Inc is located in Holden, MA. The organization was established in 2016. 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. Wachusett Basketball Travel League 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 08/2022, Wachusett Basketball Travel League Inc generated $69.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $65.9k during the year ending 08/2022. While expenses have increased by 11.9% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
SUCCESSFULYOUTHREGIONALYOUTHBASKETBALLPROGRAMBENEFITTINGMORETHAN170YOUTHSINTHEWACHUSETTREGIONOFMASSACHUSETTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy Briggs President Clerk Director | 20 | $0 | |
Jaime Moore Treasurer Director | 10 | $0 | |
Patrick Mcgrail Secretary Director | 10 | $0 | |
Sabrina Heinluoma Vice President Director | 10 | $0 | |
Jeff Sullivan Vice President Director | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $69,292 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $69,292 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $5,550 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $14,230 |
Occupancy, rent, utilities, and maintenance | $11,250 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,412 |
Total expenses | $65,871 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,075 |
Other assets | $0 |
Total assets | $19,075 |
Total liabilities | $0 |
Net assets or fund balances | $19,075 |
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