Moorestown Youth Basketball Club Inc is located in Moorestown, NJ. The organization was established in 2018. 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. Moorestown Youth Basketball Club 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 06/2024, Moorestown Youth Basketball Club Inc generated $100.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $97.6k during the year ending 06/2024. While expenses have increased by 7.9% per year over the past 6 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
2024
Describe the Organization's Program Activity:
Part 3
TO HOLD YOUTH BASKETBALL PRACTICES, GAMES AND TOURNAMENTS FOR CHILDREN OF MOORESTOWN, NJ AND OTHER CHARITABLE AND EDUCATIONAL ACTIVITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julian Austin President | 1 | $0 | |
Erica Mccolgan Member | 1 | $0 | |
Marty Armstrong Member | 1 | $0 | |
Colin Haynes Secretary | 1 | $0 | |
James Greczek Vice President | 1 | $0 | |
Chris Karam Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $96,260 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,728 |
Other Revenue | $0 |
Total Revenue | $99,988 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $42,070 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $55,480 |
Total expenses | $97,550 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $50,417 |
Other assets | $0 |
Total assets | $72,587 |
Total liabilities | $0 |
Net assets or fund balances | $72,587 |