Mlb-Mlbpa Youth Development Foundation
- Assets
- $18.5m
- Revenue
- $636.0k
- Investments
- $10.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 81-1328663
Organization Overview
Mlb-Mlbpa Youth Development Foundation is located in New York, NY. The organization was established in 2017. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Mlb-Mlbpa Youth Development 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 12/2022, Mlb-Mlbpa Youth Development Foundation generated $636.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 49.3% each year . All expenses for the organization totaled $3.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Mlb-Mlbpa Youth Development Foundation has awarded 114 individual grants totaling $14,175,229. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HANK AARON INVITATIONAL ("HAI") IS AN AMATEUR DEVELOPMENT EVENT THAT SERVES AS A YOUTH-ORIENTED, ON-FIELD DIVERSITY INITIATIVE THAT AIMS TO GET HIGH SCHOOL-AGE PLAYERS, WITH DIVERSE BACKGROUNDS, TO THE NEXT LEVELS OF THE GAME. THE HAI WAS HELD IN JULY AT THE JACKIE ROBINSON TRAINING COMPLEX IN VERO BEACH, FLORIDA AND APPROXIMATELY 250 PLAYERS (AGES 13-18) FROM ACROSS THE UNITED STATES RECEIVED ELITE-LEVEL TRAINING FROM FORMER MAJOR LEAGUE PLAYERS AND COACHES. FOR FURTHER DETAILS OF THE PROGRAM, PLEASE VISIT WWW.MLB.COM/HANK-AARON-INVITATIONAL
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director, Co-Chair, And Co-President | 2 | $0 | |
Name Not Listed Director, Co-Chair, And Co-President | 2 | $0 | |
Name Not Listed Director, Co-Chair, And Co-President Term End 5/24/2022 | 2 | $0 | |
Name Not Listed Director And Vice President | 1 | $0 | |
Name Not Listed Director And Vice President | 1 | $0 | |
Name Not Listed Director, Vice President And Assisant Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ken Griffey Jr | 12/30/22 | $240,000 |
Mlb Network | 12/30/22 | $191,742 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $65,258 |
| Interest on Savings | $97,015 |
| Dividends & Interest | $77,746 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,836 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $420,836 |
| Total Revenue | $636,019 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $348,939 |
| Other employee salaries and wages | $115,086 |
| Pension plans, employee benefits | $49,452 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $854,843 |
| Printing and publications | $0 |
| Other expenses | $374,783 |
| Total operating and administrative expenses | $2,430,182 |
| Contributions, gifts, grants paid | $583,027 |
| Total expenses and disbursements | $3,013,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,725,792 |
| Net Accounts receivable | $27,034 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,464,251 |
| Accounts payable and accrued expenses | $46,021 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,361,111 |
| Total liabilities | $4,407,132 |
Grants Awarded
Over the last fiscal year, Mlb-Mlbpa Youth Development Foundation has awarded $583,027 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGEPORT CARIBE YOUTH LEADERS INC PURPOSE: GENERAL OPERATING SUPPORT | $27,277 |
BUFFALO URBAN DEVELOPMENT CORPORATION PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
CAN PLAY PURPOSE: GENERAL OPERATING SUPPORT | $12,996 |
CITY OF BRAWLEY PURPOSE: GENERAL OPERATING SUPPORT | $33,310 |
DETROIT POLICE ATHLETIC LEAGUE PURPOSE: GENERAL OPERATING SUPPORT | $28,643 |
GIANTS COMMUNITY FUND PURPOSE: GENERAL OPERATING SUPPORT | $126,441 |