Next Basketball Foundation
- Assets
- $2.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Powell, OH
- Founding
- 08/2015
- Data as of
- 07/2022
- EIN
- 47-4870824
Organization Overview
Next Basketball Foundation is located in Powell, OH. 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. Next Basketball Foundation 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 07/2022, Next Basketball Foundation generated $93.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $97.2k during the year ending 07/2022. While expenses have increased by 6.6% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Bailey President And CEO | 15 | $39,050 | |
Andrew Swary Vice Chair | 1 | $0 | |
Tony Diblasi Board Member | 1 | $0 | |
Scoonie Penn Board Member | 1 | $0 | |
Robert Morgan Chair | 1 | $0 | |
Robert Ghiloni Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,629 |
| Total Program Service Revenue | $65,541 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3 |
| Total Revenue | $93,173 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,050 |
| Professional fees and other payments to independent contractors | $2,204 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,899 |
| Total expenses | $97,153 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,390 |
| Other assets | $0 |
| Total assets | $2,390 |
| Total liabilities | $1,509 |
| Net assets or fund balances | $881 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Next Basketball Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South West Lmc Inc Ona, WV | $364,106 | $8,913,283 |
Philadelphia Youth Basketball Inc Philadelphia, PA | $5,613,028 | $5,515,236 |
North Pittsburgh Youth Hockey Association Warrendale, PA | $437,392 | $1,288,322 |
Renegades Southampton, PA | $191,636 | $540,042 |
Kentucky Cobras Inc Florence, KY | $27,896 | $450,667 |
Ozanam Inc Pittsburgh, PA | $112,496 | $419,233 |
Big Cat Basketball League South Lyon, MI | $48,125 | $336,283 |
Kentucky All A Classic Inc Mt Washington, KY | $190,769 | $310,106 |
Mission 5 & 2 Ardmore, PA | $99 | $236,614 |
Gym Rats Inc Fort Wayne, IN | $64,648 | $177,008 |
Distinxion Incorporated Washington, IN | $139,664 | $256,666 |
Hse Fishers Boys Basketball Inc Fishers, IN | $77,394 | $252,385 |