Lovejoy Basketball Incorporated
- Assets
- $11.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lucas, TX
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 84-3558981
Organization Overview
Lovejoy Basketball Incorporated is located in Lucas, TX. 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. Lovejoy Basketball Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
YOUTH BASKETBALL LEAGUE AND TOURNAMENT REGISTRATIONS. ALL YOUTH BASKETBALL TEAMS ARE REGISTERED IN A LEAGUE IN WHICH THEY COMPETE AGAINST OTHER LOCAL TEAMS. SOME TEAMS ARE ALSO REGISTERED WITHIN TOURNAMENTS TO COMPETE AT A HIGHER LEVEL THAN THE LEAGUE TEAMS. THIS SERVICE WAS PROVIDED FOR ALL YOUTH BASKETBALL PLAYERS WITHIN THE PROGRAM OVER ALL SEASONS OF THE YEAR SPRING SUMMER FALL AND WINTER. ESTIMATED TOTAL NUMBER OF PERSONS BENEFITED = 450 YOUTH KIDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antwuan Jordan Coach | 25 | $0 | |
Joshua Edge Coach | 15 | $0 | |
Donrell Jordan Coach | 20 | $0 | |
Brian Smith Coach | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,597 |
| 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 | $114,597 |
| 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 | $41,397 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $79,116 |
| Total expenses | $120,513 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,440 |
| Other assets | $0 |
| Total assets | $11,440 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,440 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fab44 Basketball Little Rock, AR | $330,408 | $643,978 |
3 The Harden Way Inc Houston, TX | $336,712 | $584,859 |
Katy Youth Basketball Inc Katy, TX | $227,732 | $452,078 |
Texas Tar Heels Basketball Academy Inc Lewisville, TX | $61,936 | $350,622 |
Austin Lady Magic Austin, TX | $23,821 | $302,214 |
Elite Youth Proskills Basketball Mckinney, TX | $241,998 | $146,130 |
Red River Athletic Conference Inc Waco, TX | $52,838 | $226,033 |
Team Buddy Buckets Norman, OK | $39,223 | $229,522 |
Westlake Youth Basketball Association Austin, TX | $248,792 | $229,746 |
D-1 Prospects Inc San Antonio, TX | $2,390 | $0 |
Onecrew Fulshear, TX | $0 | $154,536 |
Texas Association Of Basketball Coaches Inc Sugarland, TX | $333,522 | $284,944 |