Norwood Basketball League Inc
- Assets
- $24.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norwood, NJ
- Founding
- 05/2017
- EIN
- 82-1041207
Organization Overview
Norwood Basketball League Inc is located in Norwood, NJ. The organization was established in 2017. According to its NTEE Classification (N62) the organization is classified as: Basketball, 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. Norwood Basketball League 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 undefined, Norwood Basketball League Inc generated $28.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.3%) each year. All expenses for the organization totaled $40.3k during the year ending undefined. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF NORWOOD BASKETBALL LEAGUE IS TO PROVIDE THE BOYS AND GIRLS OF NORWOOD FROM KINDERGARTEN THROUGH EIGHTH GRADE WITH AN OPPORTUNITY TO LEARD THE FUNDAMENTALS OF BASKETBALL, THE IMPORTANCE OF SELF DISCIPLINE AND GOOD SPORTSMANSHIP, LEADERSHIP AND THE COOPERATION DEMANDED BY A TEAM SPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE AND MONITOR CHILDREN FOR TOWN BASKETBALL PROGRAM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hugh Linnehan President | Trustee | 5 | $0 |
Thomas Musial Treasurer | Trustee | 5 | $0 |
Roc Ramessar Member | Trustee | 5 | $0 |
Brian Falkenstern Member | Trustee | 5 | $0 |
Joanna Pemberton Member | Trustee | 5 | $0 |
Lori Heaney Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $512 |
| Total Program Service Revenue | $26,250 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,186 |
| Total Revenue | $28,948 |
| Statement of Expenses | |
|---|---|
| Total expenses | $40,332 |
| Balance Sheet | |
|---|---|
| Total assets | $24,439 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,439 |