Little League Baseball Inc
- Assets
- $11.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocean City, NJ
- Founding
- 01/1967
- Data as of
- 12/2023
- EIN
- 52-1584639
Organization Overview
Little League Baseball Inc is located in Ocean City, NJ. The organization was established in 1967. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Little League 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, Little League Baseball Inc generated $8.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $6.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.9%) 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES SURPERVISED SPORTS ACTIVITIES FOR THE CHILDREN OF THE COMMUNITY TO AID IN THE DEVELOPMENT OF WELL ADJUSTED, STRONGER AND HAPPIER CHILDREN WHO WILL GROW TO BE GOOD, DECENT, HEALTHY AND TRUSTWORTHY CITIZENS. THERE IS AN AVERAGE OF 50 CHILDREN PARTICIPATING IN THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
T Gallagher Sec/treasure | 5 | $0 | |
David Defdo President | 5 | $0 | |
Thomas Holton Vice Preside | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,783 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,784 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,680 |
| Total expenses | $6,680 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,962 |
| Other assets | $0 |
| Total assets | $10,962 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,962 |