Ws Basketball Club Inc in Waukesha, Wisconsin (WI)
Table of contents:
| Ws Basketball Club Inc | |
| Employer Identification Number (EIN) | 020742859 |
| Name of Organization | Ws Basketball Club Inc |
| In Care of Name | Atty Timothy Andinga |
| Address | 1601 East Racine Avenue, Waukesha, WI 53186-6800 |
| Subsection | Charitable Organization |
| Ruling Date | 07/2007 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 04/2014 |
| Assets | $10,000 to $24,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $10,895 |
| Amount of Income | $72,843 |
| Form 990 Revenue Amount | $65,291 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Basketball |
Non-representatives - add comments:
Amount of income in 2014: $72,843 (it was $74,619 in 2013)
| Ws Basketball Club Inc: | $72,843 |
| Other organizations performing similar types of work: | $64,577 |
Assets in 2014: $10,895 (it was $7,762 in 2013)
| Ws Basketball Club Inc: | $10,895 |
| Other organizations performing similar types of work: | $12,347 |
Expenses in 2014: $58,252
| This organization: | $58,252 |
| Other organizations performing similar types of work: | $60,846 |
Income to expenses ratio in 2014: 1.3
| Ws Basketball Club Inc: | 1.3 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 1.5%
| Ws Basketball Club Inc: | 1.5% |
| Other organizations performing similar types of work: | 0.5% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $73,688 | $67,544 | $65,291 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $1,000 |
| Program service revenue including government fees and contracts | $47,827 | $49,334 | $46,383 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $22,256 | $17,216 | $17,656 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $32,035 | $24,291 | $24,389 |
| Less: direct expenses from gaming and fundraising events | $9,779 | $7,075 | $6,733 |
| Gross profit/loss from sales of inventory | $0 | $0 | $-104 |
| Gross sales of inventory, less returns and allowances | $0 | $0 | $715 |
| Less: cost of goods sold | $0 | $0 | $819 |
| Other revenue | $3,605 | $994 | $356 |
| Total expenses | $72,413 | $72,692 | $58,252 |
| Total net assets | $8,833 | $3,685 | $10,724 |
| Excess/Deficit for the year | $1,275 | $-5,148 | $7,039 |
| Net assets or fund balances at beginning of year | $7,558 | $8,833 | $3,685 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $3,685 | $10,724 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $13,858 | $7,762 | $10,895 |
| Total liabilities | $5,025 | $4,077 | $171 |
| Net assets or fund balances | $8,833 | $3,685 | $10,724 |
| Other Information | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $395,696 |
| Subtotal | $395,696 |
| Gifts, grants, contributions, and membership fees received | $252,301 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $143,395 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $402,869 |
| Public support | $395,696 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $7,173 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Hamilton Hoops Ltd | C/O Lynn G Kristensen W171 N4915 Greenview Ave, Menomonee Falls, WI 53051 | WI | 2014-09 | $130,988 |
| 2 | Wisconsin Rap | 5543 S 116th St, Hales Corners, WI 53130-1701 | WI | 2011-09 | $105,375 |
| 3 | Whitnall Youth Basketball Club Inc | 12020 W Crawford Ct, Greenfield, WI 53228 | WI | 2009-07 | $96,926 |
| 4 | Stevens Point Area Girls Hoops Club Inc | 7700 Deer Rd, Custer, WI 54423-9403 | WI | 2009-01 | $85,947 |
| 5 | Neenah Boys Basketball Boosters Inc | 612 Grove Street, Neenah, WI 54956 | WI | 2001-06 | $85,235 |
| 6 | Menomonie Hoops Club Inc | PO BOX 626, Menomonie, WI 54751-0626 | WI | 2014-06 | $81,744 |
| 7 | Hartford Basketball Club | PO BOX 270545, Hartford, WI 53027-0545 | WI | 2014-02 | $78,885 |
| 8 | Ws Basketball Club Inc | 1601 East Racine Avenue, Waukesha, WI 53186-6800 | WI | 2007-07 | $72,843 |
| 9 | West Depere Youth Organization | 400 Reid Street No W, Depere, WI 54115-2163 | WI | 2002-03 | $69,495 |
| 10 | Mission Basketball Academy Inc | N3924 Dublin Way, Freedom, WI 54913-6905 | WI | 2013-01 | $65,692 |
| 11 | Oregon Youth Basketball League | 123 E Grove St, Oregon, WI 53575 | WI | 2011-03 | $63,612 |
| 12 | Kiel Area Basketball Association Inc | 1015 Adams Street, Kiel, WI 53042 | WI | 1999-07 | $58,198 |
| 13 | Randolph Boys And Girls Basketball Club Inc | W1197 Cemetery Rd, Randolph, WI 53956-9439 | WI | 2005-11 | $52,848 |
| 14 | Superior Basketball Association | PO BOX 505, Superior, WI 54880 | WI | 2002-05 | $47,137 |
| 15 | Wfbb Inc | PO BOX 45754, Madison, WI 53744 | WI | 2009-04 | $45,293 |
| 16 | Janesville Basketball Association Inc | PO BOX 1033, Janesville, WI 53547-1033 | WI | 2013-08 | $38,992 |
| 17 | Port Hoops Basketball Club Inc | 1270 E Sauk Road, Grafton, WI 53024 | WI | 2014-03 | $35,340 |
| 18 | Wisconsin Wizards Inc | 1138 N 46th St, Milwaukee, WI 53208-2701 | WI | 2006-04 | $32,290 |
| 19 | Verona Boys Wildcat Basketball Club | PO BOX 930403, Verona, WI 53593-0403 | WI | 2011-03 | $29,270 |
| 20 | Wisconsin Bobcats Basketball Organization Ltd | 1720 Hagerer St, Racine, WI 53404-2322 | WI | 2006-10 | $24,624 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 2,799 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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