Louisville Legends Youth Basketball
- Assets
- $58.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 08/1998
- Data as of
- 12/2022
- EIN
- 61-1331139
Organization Overview
Louisville Legends Youth Basketball is located in Louisville, KY. The organization was established in 1998. According to its NTEE Classification (O23) the organization is classified as: Boys & Girls Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Legends Youth Basketball 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 12/2022, Louisville Legends Youth Basketball generated $157.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $155.2k during the year ending 12/2022. 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
IN 2022, THE LOUISVILLE LEGENDS YOUTH BASKETBALL PROGRAM WORKED WITH OVER 100 YOUTHS OF THE LOUISVILLE COMMUNITY, TRAINING AND DEVELOPING THEIR BASKETBALL SKILLS. OVER THE SPRING AND SUMMER 12 TEAMS OF 9 PARTICIPATED IN MULTIPLE BASKETBALL TOURNAMENTS, TRAVELING TO VARIOUS STATES WITH THE GOAL OF EACH PLAYER TO OBTAIN AN ATHLETIC COLLEGE SCHOLARSHIP. OF THE PLAYERS THAT MET THE REQUIREMENT, APPROXIMATELY 18, TO ENROLL IN COLLEGE THE FALL OF 2022 OR 2023, 5 REACHED THEIR GOAL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth D Lee Director | 25 | $0 | |
Clay Ryan Secretary | 20 | $0 | |
Jaquie Taylor Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,100 |
| Total Program Service Revenue | $1,215 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,315 |
| 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 | $81,164 |
| Printing, publications, postage, and shipping | $967 |
| Other expenses | $73,091 |
| Total expenses | $155,222 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,033 |
| Other assets | $0 |
| Total assets | $58,920 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,920 |