Triple Threat Youth Basketball Inc
- Assets
- $54.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Venice, CA
- Founding
- 02/2019
- Data as of
- 12/2021
- EIN
- 82-5125601
Organization Overview
Triple Threat Youth Basketball Inc is located in Venice, CA. The organization was established in 2019. 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. Triple Threat Youth 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 12/2021, Triple Threat Youth Basketball Inc generated $88.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $58.6k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 4 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
2021
Describe the Organization's Program Activity:
Part 3
FACILITATING BASKETBALL TOURNAMENTS FOR CHILDREN AND COACHES TO PARTICIPATE IN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Koudsi Chair | 5 | $0 | |
Natalia Koudsi Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,691 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,691 |
| 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 | $42,029 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,613 |
| Total expenses | $58,642 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,223 |
| Other assets | $0 |
| Total assets | $54,223 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,223 |
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Northwest Womens Intercollegiate Basketball Officials Assocaition Salem, OR | $163,779 | $398,334 |
Palo Alto NATIONAL JUNIOR BASKETBALL Los Altos Hills, CA | $0 | $303,126 |
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