Civic Intelligence

Wellesley Youth Basketball Association Inc.

990 • Fiscal year 2014 • EIN 27-1086330

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 02, 2014

PO Box 8118902481

(617) 480-5938

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

59th percentile

7.3%

Higher net margin than 59% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

75th percentile

$2,000

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

84th percentile

50%

Faster asset growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

84th percentile

44%

Faster revenue growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2014

Assets

Up

$71,232

Up $23,733 (+50%) from 2013

Net Assets

Up

$71,232

Up $23,733 (+50%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$262,520

No earlier filing loaded for comparison.

Expenses

Up

$243,237

Up $19,442 (+8.7%) from 2013

Net Income

$19,283

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2012: $20,230Liabilities 2012: $0Net Assets 2012: $20,2302012Assets 2013: $47,499Liabilities 2013: $0Net Assets 2013: $47,4992013Assets 2014: $71,232Liabilities 2014: $0Net Assets 2014: $71,2322014Assets 2015: $80,113Liabilities 2015: $0Net Assets 2015: $80,1132015Assets 2016: $83,561Liabilities 2016: $0Net Assets 2016: $83,5612016Assets 2017: $102,208Liabilities 2017: $0Net Assets 2017: $102,2082017Assets 2018: $134,993Liabilities 2018: $0Net Assets 2018: $134,9932018Assets 2019: $143,213Liabilities 2019: $0Net Assets 2019: $143,2132019Assets 2020: $144,922Liabilities 2020: $0Net Assets 2020: $144,9222020Assets 2021: $137,078Net Assets 2021: $137,0782021Assets 2022: $215,583Liabilities 2022: $0Net Assets 2022: $215,5832022Assets 2023: $194,930Liabilities 2023: $0Net Assets 2023: $194,9302023Assets 2024: $173,219Liabilities 2024: $0Net Assets 2024: $173,2192024

Highlighted filing

2014

Assets$71,232
Liabilities$0
Net Assets$71,232

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2012: $125,917Expenses 2012: $131,800Net Income 2012: -$5,8832012Expenses 2013: $223,7952013Revenue 2014: $262,520Expenses 2014: $243,237Net Income 2014: $19,2832014Revenue 2015: $270,122Expenses 2015: $261,241Net Income 2015: $8,8812015Revenue 2016: $260,542Expenses 2016: $257,094Net Income 2016: $3,4482016Revenue 2017: $265,312Expenses 2017: $246,665Net Income 2017: $18,6472017Revenue 2018: $286,470Expenses 2018: $253,685Net Income 2018: $32,7852018Revenue 2019: $325,692Expenses 2019: $317,472Net Income 2019: $8,2202019Revenue 2020: $322,123Expenses 2020: $320,414Net Income 2020: $1,7092020Revenue 2021: $187,408Expenses 2021: $195,252Net Income 2021: -$7,8442021Revenue 2022: $339,338Expenses 2022: $273,382Net Income 2022: $65,9562022Revenue 2023: $291,858Expenses 2023: $312,511Net Income 2023: -$20,6532023Revenue 2024: $336,899Expenses 2024: $358,610Net Income 2024: -$21,7112024

Highlighted filing

2014

Revenue$262,520
Expenses$243,237
Net Income$19,283
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 2, 2014
Return Version
2013v4.0
Gross Receipts
$270,132
Mission and Program Overview

Mission

To maximize participation and optimize the developmental experience of wellesley youth in the basketball programs offered.

To offer programs relating to basketball activities for the youth of wellesley, ma.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,499$71,232▲ $23,733
Rtn Earn Endowment Incm Other Fnds$47,499$71,232▲ $23,733
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$47,499$71,232▲ $23,733
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$47,499$71,232▲ $23,733
Total Liabilities and Net Assets / Fund Balance$47,499$71,232▲ $23,733
Compensation and Service Providers

Employees

NameTitleBaseTotal
Isaiah DavisBoard Member$2,000$2,000

Board Members and Trustees

NameTitle
Adam FeinzigBoard Member
Caitlin BlascoBoard Member
Dean MccauslandBoard Member
Douglas ArbeelyBoard Member
Eugene SheehanBoard Member
Kenneth JonesBoard Member
Kevin MalloyBoard Member
Mark BadertscherBoard Member
Mary Beth MohanBoard Member
Matt HenshonBoard Member
Michael HarringtonBoard Member
Molly ManningBoard Member
Rob StephensonBoard Member
Vin FerraraBoard Member
Glen VotapkaSecretary
Linda ChowTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$265
Program Service Revenue
$249,296
Investment Income
$88
Other Revenue
$12,871
All Other Contributions
$265
Change in Net Assets
$19,283
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$227,237
Salaries, Compensation, and Employee Benefits$16,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$122,577--$122,577
Fees for Services Other$48,359--$48,359
Other Salaries and Wages$16,000--$16,000
Office Expenses$9,258$1,265-$10,523
Insurance$5,928$490-$6,418
Fees for Services Accounting-$3,000-$3,000
Other Expenses$2,430$2,850-$2,430
Information Technology$1,275--$1,275
All Other Expenses-$803-$803
Total Functional Expenses$234,829$8,408$0$243,237
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,246
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Form 990 is provided to and reviewed by the treasurer dean mccausland and president michael harrington before being filed.

Form 990, Part VI, Section B, Line 12C

Board members are required to disclose any conflict of interest and document the conflict and purpose of such conflict.

Form 990, Part VI, Section B, Line 15

Board members determine compensation of any employees during its meetings.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

EIN
27-1086330
Phone
6174805938

Signing Officer

Name
Michael Harrington
Title
President
Phone
6174805938
Signed
2014-12-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dean Mccausland
Formed
2009
Legal Domicile
Ma
Voting Board Members
17
Independent Board Members
17
Employees
1
Volunteers
0

Preparer

Preparer
Richard B Dionne
Phone
9784522500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees: program service expenses 48,359. Management and general expenses 0. Fundraising expenses 0. Total expenses 48,359.

Financial Statement Notes

PART X, LINE 2:

The association, incorporated under chapter 180 of the massachusetts general laws as a tax exempt entity, has been granted tax-exempt status under internal revenue code section 501(c)(3), and is, therefore, generally exempt from federal and state income taxes. Accordingly, no provision for income taxes has been included in the accompanying financial statements. The association is required by asc 740-10, "income taxes", to evaluate and disclose tax positions that could have an effect on the association's financial statements. The association reports its activities to the internal revenue service and to the commonwealth of massachusetts on an annual basis. These informational returns are generally subject to audit and review by the governmental agencies for a period of three years after filing. Substantially, all of the association's income, expenditures and activities relate to its exempt purpose, therefore, management has determined that the organization and significant accounting policies association is not subject to unrelated business income taxes and will continue to qualify as a tax exempt not-for-profit entity.

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IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DEAN MCCAUSLAND
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IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION & OTHER P
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0249296
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt038834
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt096
IRS990/PYOtherExpensesAmt0210474
IRS990/PYOtherRevenueAmt05086
IRS990/PYProgramServiceRevenueAmt0207048
IRS990/PYRevenuesLessExpensesAmt027269
IRS990/PYSalariesCompEmpBnftPaidAmt013321
IRS990/PYTotalExpensesAmt0223795
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0251064
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt019283
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0249296
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt047499
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt071232
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt04450
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt02070
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt06520
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0265
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt038834
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt028620
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt067719
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt088
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt096
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0184
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0262167
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0212134
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0137688
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0107236
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt032413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0751638
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt088
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt096
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0184
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0812837
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt04450
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt02070
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt06520
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0262432
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0250968
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0137688
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0135856
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt032413
IRS990ScheduleA/Total509Grp/TotalAmt0819357
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0251064
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0137688
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0135856
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt032413
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IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ASSOCIATION IS REQUIRED BY ASC 740-10, "INCOME TAXES", TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ASSOCIATION'S FINANCIAL STATEMENTS. THE ASSOCIATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY, ALL OF THE ASSOCIATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES ASSOCIATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO AND REVIEWED BY THE TREASURER DEAN MCCAUSLAND AND PRESIDENT MICHAEL HARRINGTON BEFORE BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST AND DOCUMENT THE CONFLICT AND PURPOSE OF SUCH CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS DETERMINE COMPENSATION OF ANY EMPLOYEES DURING ITS MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER FEES: PROGRAM SERVICE EXPENSES 48,359. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,359.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt047499
IRS990/TotalAssetsEOYAmt071232
IRS990/TotalAssetsGrp/BOYAmt047499
IRS990/TotalAssetsGrp/EOYAmt071232
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0265
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08408
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0234829
IRS990/TotalFunctionalExpensesGrp/TotalAmt0243237
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt047499
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt071232
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt0249296
IRS990/TotalReportableCompFromOrgAmt02000
IRS990/TotalRevenueGrp/ExclusionAmt012959
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0249296
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0262520
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt047499
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt071232
IRS990/TotReportableCompRltdOrgAmt00

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