Broken Arrow Amateur Basketball Association Inc is located in Broken Arrow, OK. The organization was established in 2009. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Broken Arrow Amateur Basketball Association 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 12/2022, Broken Arrow Amateur Basketball Association Inc generated $134.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $151.8k during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 4 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
THE ASSOCIATION PROVIDES A BASKETBALL LEAGUE FOR OVER 600 YOUTHS, AGES 5 TO 18 IN BROKEN ARROW, OKLAHOMA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lee Gardner Treasurer | 1 | $0 | |
Jessica Welch Director | 1 | $0 | |
Ed Hill Director | 1 | $0 | |
Shekendra Nicholson President | 1 | $0 | |
Tim Burns Director | 1 | $0 | |
Megan Jefferson Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $133,999 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $234 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $134,233 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $27,959 |
Professional fees and other payments to independent contractors | $18,085 |
Occupancy, rent, utilities, and maintenance | $8,109 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $97,657 |
Total expenses | $151,810 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $173,538 |
Other assets | $0 |
Total assets | $173,538 |
Total liabilities | $2,205 |
Net assets or fund balances | $171,333 |