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 06/2022, Rio Rancho Rams Boys Basketball Inc generated $53.4k in total revenue. All expenses for the organization totaled $35.9k during the year ending 06/2022. While expenses have increased by 81.6% 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
2022
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Wood President | 2 | $0 | |
Marina Archuleta Vice President | 2 | $0 | |
Andrea Presser Secretary | 2 | $0 | |
Patricia Sosa-Rudolph Treasurer | 2 | $0 | |
Angela Caton Assistant Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,494 |
Total Program Service Revenue | $0 |
Membership dues | $29,921 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $9,885 |
Other Revenue | $0 |
Total Revenue | $53,421 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $33,352 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $399 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,161 |
Total expenses | $35,912 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $36,137 |
Other assets | $0 |
Total assets | $36,137 |
Total liabilities | $0 |
Net assets or fund balances | $36,137 |
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