Mlb-Mlbpa Youth Development Foundation
- Assets
- $18.5m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2017
- Data as of
- 12/2021
- 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 12/2021, Mlb-Mlbpa Youth Development Foundation generated $3.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.6%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Mlb-Mlbpa Youth Development Foundation has awarded 99 individual grants totaling $13,592,202. 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
2021
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Lee Batrus Executive Director | 40 | $262,700 | |
Leonor Colon Director, Co-Chair And Co-President | 2 | $0 | |
Paul Mifsud Director And Vice President | 1 | $0 | |
Chris Marinak Director, Co-Chair And Co-President | 2 | $0 | |
Jeffrey Hammonds Director And Vice President | 1 | $0 | |
David James Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,862,347 |
| Interest on Savings | $26,640 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $58,695 |
| Total Revenue | $3,947,682 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $315,155 |
| Other employee salaries and wages | $152,069 |
| Pension plans, employee benefits | $47,560 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $587,010 |
| Printing and publications | $0 |
| Other expenses | $330,149 |
| Total operating and administrative expenses | $1,944,269 |
| Contributions, gifts, grants paid | $1,112,997 |
| Total expenses and disbursements | $3,057,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,470,230 |
| Net Accounts receivable | $2,615 |
| 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 | $18,472,845 |
| Accounts payable and accrued expenses | $150,120 |
| 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 | $2,032,681 |
| Total liabilities | $2,182,801 |
Grants Awarded
Over the last fiscal year, Mlb-Mlbpa Youth Development Foundation has awarded $2,572,997 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
Buffalo, NY PURPOSE: GENERAL OPERATING SUPPORT | $960,000 |
CITY OF NEW YORK PARKS AND RECREATION PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
Baltimore, MD PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
THE JERRY MANUEL FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $244,000 |
Philadelphia, PA PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $85,087 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mlb-Mlbpa Youth Development Foundation has recieved totaling $12,323.
| Awarding Organization | Amount |
|---|---|
Pitch In For Baseball Harleysville, PA PURPOSE: FUNDED PROGRAM | $7,310 |
Pitch In For Baseball Harleysville, PA PURPOSE: FUNDED PROGRAM | $5,013 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Major League Baseball Youth Foundation New York, NY | $13,010,715 | $5,223,219 |
Baldwin Emergency Medical Service Pittsburgh, PA | $3,805,310 | $3,984,374 |
Babe Ruth League Inc Hamilton, NJ | $13,342,354 | $4,098,031 |
Pittsburgh Three Rivers Marathon Inc Pittsburgh, PA | $3,549,532 | $3,806,189 |
The Baseball Inc Roxbury, MA | $2,393,613 | $3,601,318 |
South Shore Conference Inc Brockton, MA | $586,896 | $3,264,192 |
Mlb-Mlbpa Youth Development Foundation New York, NY | $18,472,845 | $3,947,682 |
Pitch In For Baseball Harleysville, PA | $4,184,425 | $3,556,948 |
303 Development Foundation Corp Staten Island, NY | $4,791,074 | $2,443,003 |
Cape Cod Baseball League Inc Cotuit, MA | $1,513,304 | $724,156 |
Pony Baseball Inc Washington, PA | $2,680,551 | $1,084,013 |
Little League Baseball Inc Melville, NY | $110,455 | $755,010 |