Mount Laurel Baseball Association INC EIN 27-5437893 Form 990 (PDF) Claim this org

Mount Laurel Baseball Association INC FY2020 filing

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Develops good sportsmanship and character in children through a supervised baseball program. For fiscal year 2020 it reported $102K in revenue, $155K in expenses, and $33K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Mount Laurel, NJ
Website
www.mtlaurelbaseball.com
Filings
5 on file (2020–2020)
Revenue
$102KFY2020
Expenses
$155K
Net assets
$33K
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-5437893 Public charity (501(c)(3)) Mount Laurel, NJ
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Develops good sportsmanship and character in children through a supervised baseball program.
Leadership
Casey Colonna · President
Money in and out
$102K revenue, $155K expenses
Bottom line
100% program efficiency
Where the money goes · FY2020
Total revenue
$102K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$33K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$53K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-52%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$102K
FY2020
Expenses
$155K
FY2020
Total assets
$33K
FY2020
Total liabilities
$0
FY2020
Total revenue
$102K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$33K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$53K
Total assetsPt X · Ln 16$33K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMount Laurel Baseball Association INC
EINHdr · item D27-5437893
Principal addressHdr · item CMount Laurel, NJ
WebsiteHdr · item Jwww.mtlaurelbaseball.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N63)
Ruling yearIRS BMFApr 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
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
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Controller
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $155K of program spending, described in the organization's own filed words · FY2020.
01

Youth baseball for recreation, legion, tournament,spring, summer and fall seasons.

$155Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$100K · 97%
Contributions & grants$3K · 3%
Program service revenue97%$100K
Contributions & grants3%$3K
Other revenue$80
Total revenueLn 12$102K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$155K
Management & general$719
Total functional expensesLn 25$155K

Balance Sheet

Part X · end of year
CashLn 1$33K
Total assetsLn 16$33K
Total liabilitiesLn 26$0
Total net assetsLn 32$33K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $33K · Operating expenses/yr $155K
2.5 months
Where the money goes
Program services
Program services $155K · Total expenses $155K
100%
Management & General
Management & general $719 · Total expenses $155K
0.5%
Fundraising
Fundraising $0 · Total expenses $155K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $3K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3K · Total revenue $102K
3%
Government reliance
Government grants — · Total revenue $102K
Earned-income share
Program service revenue $100K · Total revenue $102K
97%
Investment reliance
Investment income $0 · Total revenue $102K
0%
Program self-sufficiency
Program service revenue $100K · Total expenses $155K
64%
Growth & trend
Revenue growth (YoY)
This year $102K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $33K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $102K · Expenses $155K
-52%
Liabilities-to-Assets
Total liabilities — · Total assets $33K
Net-asset ratio
Net assets $33K · Total assets $33K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $33K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Casey Colonna · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $155K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $155K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0.5%
Fundraising cost ratio 0%
Legal fee ratio 0.04%
Accounting fee ratio 0.02%

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 · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$500

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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)$418K revenue · ⤓ 990 PDF
FY2023$373K revenue · ⤓ 990 PDF
FY2022$235K revenue · ⤓ 990 PDF
FY2021$391K revenue · ⤓ 990 PDF
FY2020$102K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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