Chester Basketball Inc is located in Chester, NJ. The organization was established in 2018. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chester Basketball 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 12/2023, Chester Basketball Inc generated $87.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $65.6k during the year ending 12/2023. While expenses have increased by 0.1% 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
2023
Describe the Organization's Program Activity:
Part 3
IN 2023, OUR ACCOMPLISHMENTS INCLUDED:- ORGANIZED AND MANAGED A TOWNSHIP BASKETBALL PROGRAM FOR 350 PLAYERS AT VARIOUS SKILL LEVELS. GRADES RANGE FROM KINDERGARTEN THROUGH 8TH GRADE. SKILL LEVELS RANGE FROM CLINIC, RECREATION, AND TRAVEL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Guy Treasurer, Dir. | 3 | $0 | |
Mike Monroe President, Dir. | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $87,789 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $87,789 |
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 | $600 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $65,014 |
Total expenses | $65,614 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $97,275 |
Other assets | $0 |
Total assets | $107,244 |
Total liabilities | $0 |
Net assets or fund balances | $107,244 |