First Colony Youth Basketball Association is located in Sugar Land, TX. The organization was established in 1991. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & 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. First Colony Youth Basketball Association 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 03/2022, First Colony Youth Basketball Association generated $52.8k 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 (10.7%) each year. All expenses for the organization totaled $44.3k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (12.2%) 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDEYOUTHBASKETBALLPRACTICESANDGAMESFOR300KIDSUSINGVOLUNTEERSFORBOARDMEMBERSANDCOACHES.WERENTGYMSPACES,HIREREFEREESANDSECURITY,PURCHASEEQUIPMENT,UNITFORMS,ANDLIABILITYINSURANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Johnny Johnson Vice President | 5 | $0 | |
Roger Post President | 15 | $0 | |
Kenneth Boston Jr Treasurer | 5 | $0 | |
None None | 0 | $0 | |
Angie Haugen Registrar | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,000 |
Total Program Service Revenue | $47,738 |
Membership dues | $0 |
Investment income | $1,105 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $52,843 |
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 | $9,225 |
Occupancy, rent, utilities, and maintenance | $21,988 |
Printing, publications, postage, and shipping | $771 |
Other expenses | $12,273 |
Total expenses | $44,257 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $40,859 |
Other assets | $0 |
Total assets | $40,859 |
Total liabilities | $0 |
Net assets or fund balances | $40,859 |
Over the last fiscal year, we have identified 1 grants that First Colony Youth Basketball Association has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Youth Empowerment Services Inc San Antonio, TX | $7,844,599 | $11,560,080 |
The Life Link Santa Fe, NM | $3,097,508 | $7,396,927 |
Center For Success And Independence Inc Houston, TX | $2,763,575 | $6,535,294 |
The Mentoring Alliance Tyler, TX | $10,248,637 | $7,386,369 |
Boys & Girls Club Of Oklahoma County Inc Oklahoma City, OK | $13,692,559 | $7,392,530 |
Challenge Soccer Club Spring, TX | $1,043,388 | $3,206,725 |
Reconcile New Orleans Inc New Orleans, LA | $5,941,399 | $3,256,668 |
Lake Travis Youth Association Austin, TX | $3,138,331 | $2,866,170 |
Sa Youth San Antonio, TX | $2,712,910 | $2,327,387 |
Tulsa Dream Center Inc Tulsa, OK | $4,560,115 | $3,603,226 |
Fayetteville Youth Center Inc Fayetteville, AR | $12,297,154 | $2,561,088 |
Camp Summit Inc Dallas, TX | $14,161,470 | $2,314,142 |