Civic Intelligence

Midwest Basketball Group

990EZ • Fiscal year 2023 • EIN 46-2372875

Sep 01, 2022 to Aug 31, 2023 • Filed on Jan 15, 2024

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

62nd percentile

10%

Higher net margin than 62% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

72nd percentile

19%

Faster asset growth than 72% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

10%

Faster revenue growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$117,907

Up $18,692 (+19%) from 2022

Net Assets

Up

$117,907

Up $18,692 (+19%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$182,375

Up $17,175 (+10%) from 2022

Expenses

Up

$163,683

Up $18,720 (+13%) from 2022

Net Income

Down

$18,692

Down $1,545 (-7.6%) from 2022

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

2023

Assets$117,907
Liabilities$0
Net Assets$117,907

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

2023

Revenue$182,375
Expenses$163,683
Net Income$18,692
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jan 15, 2024
Return Version
2022v5.0
Gross Receipts
$182,375
Mission and Program Overview

Mission

Promoting youth basketball to get college scholarships

Promote youth basketball to get college scholarships

Program Services

DescriptionGrantsExpenses
The MBG annually hosts the Midwest Basketball Showcase basketball tournament which was founded to provide youth under 18 exposure to college scoutscoaches to earn college scholarships$3,525$163,683
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JARRON A BRADLEYPrincipalpresident-$0--
MARLON A POLKPrincipaltreasurer-$0--
BRANDY N 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
Principal Treasurer
Phone
4028805545
Signed
2024-01-15
Supplemental Narrative

Additional Explanations

Part I Line 10

Grants and other assistance to domestic organizations and governments $3525.00

Part I Line 10

Grants and other assistance to domestic individuals $3000.00

Part I Line 16

Information technology $1717.00

Part I Line 16

Travel $2451.00

Part I Line 16

Interest $1500.00

Part I Line 16

Insurance $2404.00

Part I Line 16

Flooring & Hoop Rental $42000.00

Part I Line 16

MBS Referee Fees $24000.00

Part I Line 16

MBS Contract Labor $10000.00

Part I Line 16

MBS Tournament Awards $5000.00

Part I Line 16

MBS Tournament Expenses $3617.00

Part I, Line 10

The Midwest Basketball Group ("MBG") paid out $6,525 in grants and

Part I, Line 10

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

Part I, Line 10

were paid out in furtherance of MBG's mission of supporting youth

Part I, Line 10

basketball by defraying the registration fees for several teams

Part I, Line 10

playing in our annual event so that they could get college

Part I, Line 10

exposure. The other grant amounts paid out were in furtherance of

Part I, Line 10

of our secondary mission of encouraging and supporting students of

Part I, Line 10

color to attend law school. We supported law students at Southern

Part I, Line 10

University with a computer purchase and we defrayed bar exam expenses

Part I, Line 10

for a student taking the Texas bar exam.

Part I, Line 16

The MBG paid a total of $89,373 in other expenses related to its

Part I, Line 16

exempt purpose of providing opportunities to youth under age 18 to

Part I, Line 16

earn college scholarships through the sport of basketball in the

Part I, Line 16

following amounts related to our annual program service

Part I, Line 16

accomplishment, the Midwest Basketball Showcase: Basketball flooring

Part I, Line 16

& Hoops Rental ($42,000), Fees for tournament referees & referee

Part I, Line 16

assignor ($25,624), Contract labor for installation and tear down

Part I, Line 16

of flooring ($10,000), Tournament liability insurance premium

Part I, Line 16

($2,404), Tournament awards ($5,000), Equipment Rental for install

Part I, Line 16

($1,044), Travel & Lodging ($2,451), MBS Trainer ($850)

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 18

Part III, Line 28

to get college scholarships through basketball. On May 27-29, 2023

Part III, Line 28

the MBG hosted its annual program service event. Over 1,700 youth

Part III, Line 28

participated in our two and half day event and displayed their

Part III, Line 28

skills (the HS kids) in front of college coaches.

Raw XML Appendix211 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grants and other assistance to domestic organizations and governments $3525.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Grants and other assistance to domestic individuals $3000.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information technology $1717.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $2451.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Interest $1500.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $2404.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Flooring & Hoop Rental $42000.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MBS Referee Fees $24000.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MBS Contract Labor $10000.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MBS Tournament Awards $5000.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MBS Tournament Expenses $3617.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11The Midwest Basketball Group ("MBG") paid out $6,525 in grants and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12similar amounts for this fiscal year. The majority of the grants
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13were paid out in furtherance of MBG's mission of supporting youth
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14basketball by defraying the registration fees for several teams
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15playing in our annual event so that they could get college
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16exposure. The other grant amounts paid out were in furtherance of
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17of our secondary mission of encouraging and supporting students of
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18color to attend law school. We supported law students at Southern
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19University with a computer purchase and we defrayed bar exam expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20for a student taking the Texas bar exam.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21The MBG paid a total of $89,373 in other expenses related to its
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22exempt purpose of providing opportunities to youth under age 18 to
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23earn college scholarships through the sport of basketball in the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24following amounts related to our annual program service
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25accomplishment, the Midwest Basketball Showcase: Basketball flooring
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26& Hoops Rental ($42,000), Fees for tournament referees & referee
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27assignor ($25,624), Contract labor for installation and tear down
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28of flooring ($10,000), Tournament liability insurance premium
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29($2,404), Tournament awards ($5,000), Equipment Rental for install
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt30($1,044), Travel & Lodging ($2,451), MBS Trainer ($850)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31The MBG is organized and operated exclusively for the charitable and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt32educational purpose of providing opportunities for youth under 18
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33to get college scholarships through basketball. On May 27-29, 2023
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt34the MBG hosted its annual program service event. Over 1,700 youth
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt35participated in our two and half day event and displayed their
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt36skills (the HS kids) in front of college coaches.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc31Part III, Line 28
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc36Part III, Line 28
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARLON POLK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Principal Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum04028805545
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-15
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/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02024-01-15T10:27:18-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARLON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0POLK
ReturnHeader/TaxPeriodBeginDt02022-09-01
ReturnHeader/TaxPeriodEndDt02023-08-31
ReturnHeader/TaxYr02022

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