Team Chance Basketball
- Assets
- $168.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-4402623
Organization Overview
Team Chance Basketball is located in Los Angeles, CA. 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. Team Chance Basketball 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 12/2022, Team Chance Basketball generated $149.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 44.2% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MENTORSHIP AND BASKETBALL TRAINING
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $47,322 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $149,822 |
| 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 | $1,181 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $86,410 |
| Total expenses | $87,591 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,450 |
| Other assets | $0 |
| Total assets | $168,450 |
| Total liabilities | $0 |
| Net assets or fund balances | $168,450 |