Franklin Youth Boys Basketball Club Inc is located in Franklin, WI. The organization was established in 2017. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Franklin Youth Boys 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 12/2022, Franklin Youth Boys Basketball Club Inc generated $59.8k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $53.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 4 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
YOUTH IN FRANKLIN, WI AND SURROUNDING COMMUNITIES WERE EDUCATED IN AND GIVEN THE OPPORTUNITY TO EXPERIENCE PLAYING THE SPORT OF BASKETBALL, LEARNING DISCIPLINE, AND SPORTSMANSHIP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anthony Hahn President | 2 | $0 | |
Kristen Gilmeister Secretary | 1 | $0 | |
Ryan Griesemer Vp/treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $59,800 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $59,800 |
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 | $720 |
Occupancy, rent, utilities, and maintenance | $435 |
Printing, publications, postage, and shipping | $605 |
Other expenses | $51,245 |
Total expenses | $53,005 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $39,316 |
Other assets | $0 |
Total assets | $39,316 |
Total liabilities | $6,208 |
Net assets or fund balances | $33,108 |
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