Baseballtown Charities EIN 16-1663348

Baseballtown Charities

EIN  16-1663348 Public foundation / grantmaker Reading, PA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Offers children educational and recreational programs, and funds local charities helping underprivileged youth.
Leadership
Charles J Domino · President
Money in and out
$302K revenue, $456K expenses
Bottom line
90% program efficiency

Offers children educational and recreational programs, and funds local charities helping underprivileged youth. For fiscal year 2024 it reported $302K in revenue, $456K in expenses, and $-240K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$302K
Pt VIII · Ln 12
Total expenses
$456K
Pt IX · Ln 25
Net assets
$-240K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$154K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.08 Fundraising $0.02
Program efficiency
90%
of spending reaches programs▲ +11% vs prior filing year
Operating runway
1.5mo
months of highly liquid reserves at operating expense rate▼ -50% vs prior filing year
Surplus margin
-51%
revenue over expenses, this year▲ +35% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$302K
FY2024▼ -14%
Expenses
$456K
FY2024▼ -27%
Total assets
$887K
FY2024▼ -39%
Total liabilities
$1.1M
FY2024▼ -29%
Total revenue
$302K
Pt VIII · Ln 12
Total expenses
$456K
Pt IX · Ln 25
Net assets
$-240K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$154K
Total assetsPt X · Ln 16$887K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

3 program services account for $355K of program spending, described in the organization's own filed words · FY2024.
01

In December 2018, Baseballtown Charities undertook a new challenge to help individuals showing promise in the sports of baseball and softball improve their skills. Rip It for Life selects kids that may not have the economic wherewithal to get top notch baseball and softball training.

$179Kprogram expense
02

In April 2018, Baseballtown Charities completed the construction of the Dream League field to give those with physical and mental disabilities the same chance to enjoy the game of baseball as those able-bodied players every day across the country. Traditional baseball fields are not designed for those with special needs.

$176Kprogram expense
03

Started a program in 2021 in field renovation to assist children's baseball leagues in getting their fields in shape to play baseball. Part of our commitment was setting them up with a professional turf management company for renovation and volunteers to assist in the clean up and renovation, working with the professional groundskeeper…

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBaseballtown Charities
EINHdr · item D16-1663348
Principal addressHdr · item CReading, PA
WebsiteHdr · item Jwww.baseballtown.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T21)
Ruling yearIRS BMFDec 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$144K · 48%
Contributions & grants$126K · 42%
Other revenue$32K · 11%
Program service revenue48%$144K
Contributions & grants42%$126K
Other revenue11%$32K
Total revenueLn 12$302K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.08 Fundraising $0.02
Program services90%$412K
Management & general8%$36K
Fundraising2%$8K
Total functional expensesLn 25$456K

Balance Sheet

Part X · end of year
CashLn 1$55K
Total assetsLn 16$887K
Total liabilitiesLn 26$1.1M
Total net assetsLn 32$-240K
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $55K · Operating expenses/yr $456K
1.5 months
Where the money goes
Program services
Program services $412K · Total expenses $456K
90%
Management & General
Management & general $36K · Total expenses $456K
8%
Fundraising
Fundraising $8K · Total expenses $456K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $18K · Solicited contributions (3-yr avg) $114K
$0.16 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $126K · Total revenue $302K
42%
Government reliance
Government grants $0 · Total revenue $302K
0%
Earned-income share
Program service revenue $144K · Total revenue $302K
48%
Investment reliance
Investment income $-72K · Total revenue $302K
-24%
Program self-sufficiency
Program service revenue $144K · Total expenses $456K
32%
Growth & trend
Revenue growth (YoY)
This year $302K · Prior year $353K
-14%
Revenue CAGR
FY2020 $156K · FY2024 $302K
+18%
Net-asset trend (YoY)
End of year $-240K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $302K · Expenses $456K
-51%
Liabilities-to-Assets
Total liabilities — · Total assets $887K
Net-asset ratio
Net assets $-240K · Total assets $887K
-27%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $887K
0%
People & payroll
Highest Reported Total Compensation
Individual Charles J Domino · Reported title President · Highest reported compensation $0 · Total expenses $456K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $456K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 8%
Fundraising cost ratio 6%
Revenue growth -14%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$102K
See all 3 funders →
Grants paid · 8 grants · $186K · 2021–2024

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$302K revenue · viewing · ⤓ 990 PDF
FY2023$353K revenue · ⤓ 990 PDF
FY2022$221K revenue · ⤓ 990 PDF
FY2021$241K revenue · ⤓ 990 PDF
FY2020$156K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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