Rio Rancho Rams Boys Basketball Inc
- Assets
- $64.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rio Rancho, NM
- Founding
- 09/2019
- Data as of
- 06/2023
- EIN
- 83-2901741
Organization Overview
Rio Rancho Rams Boys Basketball Inc is located in Rio Rancho, NM. 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. Rio Rancho Rams Boys 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 06/2023, Rio Rancho Rams Boys Basketball Inc generated $97.8k in total revenue. All expenses for the organization totaled $65.2k during the year ending 06/2023. While expenses have increased by 81.6% per year over the past 5 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
TO PROVIDE FINANCIAL SUPPORT FOR RRHS SPORTS TEAMS. INCLUDING TRAINING, ATHLETIC EQP AND TEAM SPIRIT EXCERCISES AND EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Wood President | 2 | $0 | |
Marina Archuleta Vice President | 2 | $0 | |
Andrea Presser Secretary | 2 | $0 | |
Lacy Potter Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,803 |
| Total Program Service Revenue | $0 |
| Membership dues | $69,069 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,976 |
| Other Revenue | $0 |
| Total Revenue | $97,849 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $62,044 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,543 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $650 |
| Total expenses | $65,237 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,706 |
| Other assets | $0 |
| Total assets | $64,706 |
| Total liabilities | $0 |
| Net assets or fund balances | $64,706 |