Basketpointusa
- Assets
- $50.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gibsonville, NC
- Founding
- Data as of
- 12/2021
- EIN
- 84-3088735
Organization Overview
Basketpointusa is located in Gibsonville, NC. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Basketpointusa 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, Basketpointusa generated $111.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 49.8% each year . All expenses for the organization totaled $110.1k during the year ending 12/2021. While expenses have increased by 23.5% per year over the past 2 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
BASKETBALL TOURNAMENT CHAMPIONSHIPS, PLAYER MVP ACHIEVEMENT AWARDS, COLLEGE PLAYER COMMITMENTS, KIDS BASKETBALL SUMMER CAMPS, BASKETBALL CLINICS, COMMUNITY OUTREACH ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corey Muirhead Director | 12.5 | $18,200 | |
Lauren M Muirhead Assistant Director | 10.5 | $12,800 | |
Franco Nannucci Board Member | 0 | $0 | |
Darrell Klug Board Member | 0 | $0 | |
Shaun Liggins Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $62,719 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $47,800 |
| Total Revenue | $111,519 |
| 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 | $42,400 |
| Occupancy, rent, utilities, and maintenance | $6,513 |
| Printing, publications, postage, and shipping | $1,076 |
| Other expenses | $60,075 |
| Total expenses | $110,064 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,931 |
| Other assets | $0 |
| Total assets | $50,886 |
| Total liabilities | $71,637 |
| Net assets or fund balances | -$20,751 |
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