Civic Intelligence

Midwest Basketball Group

990EZ • Fiscal year 2022 • EIN 46-2372875

Sep 01, 2021 to Aug 31, 2022 • Filed on Jul 17, 2023

6705 N 142nd StOmaha, NE 68164

(402) 880-5545

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

61st percentile

12%

Higher net margin than 61% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

75th percentile

26%

Faster asset growth than 75% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

53rd percentile

13%

Faster revenue growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$99,215

Up $20,237 (+26%) from 2021

Net Assets

Up

$99,215

Up $20,237 (+26%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$165,200

Up $19,200 (+13%) from 2021

Expenses

Up

$144,963

Up $19,949 (+16%) from 2021

Net Income

Down

$20,237

Down $749 (-3.6%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $1Liabilities 2013: $2502013Assets 2014: $1,394Liabilities 2014: $02014Assets 2015: $2,870Liabilities 2015: $02015Assets 2016: $31,976Liabilities 2016: $5,2042016Assets 2017: $27,782Liabilities 2017: $02017Assets 2018: $43,072Liabilities 2018: $0Net Assets 2018: $43,0722018Assets 2019: $56,877Liabilities 2019: $0Net Assets 2019: $56,8772019Assets 2020: $57,992Liabilities 2020: $02020Assets 2021: $78,978Liabilities 2021: $0Net Assets 2021: $78,9782021Assets 2022: $99,215Liabilities 2022: $0Net Assets 2022: $99,2152022Assets 2023: $117,907Liabilities 2023: $0Net Assets 2023: $117,9072023Assets 2024: $135,978Liabilities 2024: $0Net Assets 2024: $135,9782024

Highlighted filing

2022

Assets$99,215
Liabilities$0
Net Assets$99,215

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $0Expenses 2013: $250Net Income 2013: -$2502013Revenue 2014: $110,385Expenses 2014: $108,741Net Income 2014: $1,6442014Revenue 2015: $151,700Expenses 2015: $150,224Net Income 2015: $1,4762015Revenue 2016: $160,500Expenses 2016: $131,394Net Income 2016: $29,1062016Revenue 2017: $177,768Expenses 2017: $170,956Net Income 2017: $6,8122017Revenue 2018: $232,746Expenses 2018: $224,500Net Income 2018: $8,2462018Revenue 2019: $215,670Expenses 2019: $201,865Net Income 2019: $13,8052019Revenue 2020: $112,076Expenses 2020: $110,461Net Income 2020: $1,6152020Revenue 2021: $146,000Expenses 2021: $125,014Net Income 2021: $20,9862021Revenue 2022: $165,200Expenses 2022: $144,963Net Income 2022: $20,2372022Revenue 2023: $182,375Expenses 2023: $163,683Net Income 2023: $18,6922023Revenue 2024: $240,498Expenses 2024: $222,777Net Income 2024: $17,7212024

Highlighted filing

2022

Revenue$165,200
Expenses$144,963
Net Income$20,237
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jul 17, 2023
Return Version
2021v4.2
Gross Receipts
$165,200
Mission and Program Overview

Mission

Promoting youth basketball to get college scholarships

Program Services

DescriptionGrantsExpenses
The MBG annually hosts the Midwest Basketball Showcase basketball tournament which provides youth under age 18 the chance to play games in front of coaches and scouts to earn college scholarships$1,640$144,963
The MBG also provided grants to defray expenses to some law students who were former players that played in the Midwest Basketball Showcase$3,360-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JARRON BRADLEYPresident-$0--
MARLON POLKTreasurer-$0--
BRANDY SMITHVP Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Midwest Basketball Group
EIN
46-2372875
In Care Of
% Marlon Polk
Phone
4028805545
Address
6705 N 142nd St, Omaha, NE 68164

Signing Officer

Name
Marlon Polk
Title
Treasurer
Phone
4028805545
Signed
2023-07-17
Supplemental Narrative

Additional Explanations

Part I Line 10

Grants and other assistance to domestic organizations and governments $1640.00

Part I Line 10

Grants and other assistance to domestic individuals $3360.00

Part I Line 16

Information technology $1003.00

Part I Line 16

Travel $4986.00

Part I Line 16

Insurance $2937.00

Part I Line 16

Flooring/Hoop Rental $33200.00

Part I Line 16

Tournament officials $25575.00

Part I Line 16

Labor for setup/tear down $8273.00

Part I Line 16

Tournament Awards $4244.00

Part V Line 33

No

Part I, Line 10

The Midwest Basketball Group ("MBG") paid out $5,000 in grants and

Part I, Line 10

similar amounts for this fiscal year. The majority of the grants

Part I, Line 10

paid out were in furtherance of the MBG's secondary mission which

Part I, Line 10

is to encourage and support students of color to attend law school.

Part I, Line 10

The MBG sponsors law students and paid out grant funds to by law books

Part I, Line 10

for students at Drake Law School and Marquette Law School during

Part I, Line 10

both the 1st and 2nd semesters of law school. The MBG also paid

Part I, Line 10

out grants to assist the law students with expenses associated with

Part I, Line 10

the bar exam which 2 of the students took in July of 2022 in Iowa

Part I, Line 10

and Nebraska.

Part I, Line 16

Other Expenses. The MBG paid a total of 79,215 in other expenses

Part I, Line 16

related to its exempt purpose of providing opportunities to amateur

Part, Line 16

youth to obtain college scholarships throught the sport of basketball

Part, Line 16

in the following amounts connected to it's program service accomplishment,

Part, Line 16

the Midwest Basketball Showcase: Basketball flooring/hoop rental ($33,200),

Part, Line 16

Fees for tournament officials and our assignor of the officials ($25,575),

Part, Line 16

labor for flooring installation and tear down of flooring and hoops

Part, Line 16

($8,273), tournament liability insurance application fee ($2,937),

Part, Line 16

tournament awards ($4,244), Equipment rental for installation and tear down

Part, Line 16

($1,043), Transportation lodging and food for tournament volunteers

Part, Line 16

($3,493), Tournament medical trainers ($450)

Part III, Line 28

The MBG is organized and operated exclusively for the charitable and

Part III, Line 28

educational purpose of providing opportunities for youth under age 18 to

Part III, Line 28

get college scholarships through basketball. On May 27-29, 2022 the

Part III, Line 28

MBG hosted its annual program service event. 1,650 youth participated in

Part III, Line 28

program service event and displayed their skills before college scouts

Raw XML Appendix254 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The MBG annually hosts the Midwest Basketball Showcase basketball tournament which provides youth under age 18 the chance to play games in front of coaches and scouts to earn college scholarships
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grants and other assistance to domestic organizations and governments $1640.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Grants and other assistance to domestic individuals $3360.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information technology $1003.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $4986.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $2937.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Flooring/Hoop Rental $33200.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Tournament officials $25575.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Labor for setup/tear down $8273.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Tournament Awards $4244.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9No
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10The Midwest Basketball Group ("MBG") paid out $5,000 in grants and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11similar amounts for this fiscal year. The majority of the grants
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12paid out were in furtherance of the MBG's secondary mission which
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13is to encourage and support students of color to attend law school.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14The MBG sponsors law students and paid out grant funds to by law books
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15for students at Drake Law School and Marquette Law School during
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16both the 1st and 2nd semesters of law school. The MBG also paid
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17out grants to assist the law students with expenses associated with
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18the bar exam which 2 of the students took in July of 2022 in Iowa
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19and Nebraska.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Other Expenses. The MBG paid a total of 79,215 in other expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21related to its exempt purpose of providing opportunities to amateur
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22youth to obtain college scholarships throught the sport of basketball
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23in the following amounts connected to it's program service accomplishment,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24the Midwest Basketball Showcase: Basketball flooring/hoop rental ($33,200),
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25Fees for tournament officials and our assignor of the officials ($25,575),
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26labor for flooring installation and tear down of flooring and hoops
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27($8,273), tournament liability insurance application fee ($2,937),
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28tournament awards ($4,244), Equipment rental for installation and tear down
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29($1,043), Transportation lodging and food for tournament volunteers
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt30($3,493), Tournament medical trainers ($450)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31The MBG is organized and operated exclusively for the charitable and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt32educational purpose of providing opportunities for youth under age 18 to
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33get college scholarships through basketball. On May 27-29, 2022 the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt34MBG hosted its annual program service event. 1,650 youth participated in
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt35program service event and displayed their skills before college scouts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part V Line 33
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Part, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Part, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Part, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Part, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Part, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Part, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc28Part, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc29Part, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc30Part, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc31Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc32Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc33Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc34Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc35Part III, Line 28
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARLON POLK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum04028805545
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Midwest Basketball Group
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0462372875
ReturnHeader/Filer/InCareOfNm0% Marlon Polk
ReturnHeader/Filer/PhoneNum04028805545
ReturnHeader/Filer/USAddress/AddressLine1Txt06705 N 142nd St
ReturnHeader/Filer/USAddress/CityNm0Omaha
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068164
ReturnHeader/ReturnTs02023-07-17T17:57:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARLON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0POLK
ReturnHeader/TaxPeriodBeginDt02021-09-01
ReturnHeader/TaxPeriodEndDt02022-08-31
ReturnHeader/TaxYr02021

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