Okolona Baseball INC

Tax-deductible

Louisville, KY501(c)(3)Since 1990Recreation & SportsEIN 30-0083139

To implant firmly in the children of the community the ideals of good sportmanship, honesty, courage and respect for authority, so that they may be well adjusted, stronger and happier children and will grow to be good decent, healthy and trustworthy citizens.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Run by 45 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $47K a year · 51% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
18 mo
of spending, in cash
Looks good: 18.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$192K
+24% vs prior year
Spent
$136K
To programs
86%
Net assets
$363K
By yearFY2020–FY2024
Revenue
$192K
FY2024▲ +24%
Revenue by fiscal year
FY2020$55K
FY2021$87K
FY2022$72K
FY2023$98K
FY2024$155K
FY2024$192K
Expenses
$136K
FY2024▲ +19%
Expenses by fiscal year
FY2020$120K
FY2021$157K
FY2022$169K
FY2023$143K
FY2024$114K
FY2024$136K
Net assets
$363K
FY2024▲ +18%
Net assets by fiscal year
FY2020$478K
FY2021$408K
FY2022$311K
FY2023$266K
FY2024$307K
FY2024$363K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $117K Management & general 14% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
VP Until 7/2025
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
$0Pt VII · Sec A
President/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Okolona Baseball INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Teaches children good sportsmanship, honesty, courage, and respect to foster well-adjusted, strong, and happy citizens.

Provided by the organization

This section is blank until Okolona Baseball INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $117K of program spending, described in the organization's own filed words · FY2024.
01

Funding for little league baseball

$117Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$192K
Ln 12
Other incomeLn 4–11$143K
Fees for servicesLn 2g$48K
Gifts and grantsLn 1h$969
Money outPt IX
$136K
Ln 25
Programscol B$117K
Managementcol C$19K
Owns and owesPt X
$363K
net assets · Ln 32
Cash and savingsLn 1–2$207K
Total assetsLn 16$363K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$969
Fees for servicesLn 2g$48K
Other incomeLn 4–11$143K
Total revenueLn 12$192K
Assets in detailPt X, end of year
CashLn 1$207K
Cash and savings togetherLn 1–2$207K
Land, buildings, equipmentLn 10c$156K
Total assetsLn 16$363K
LiabilitiesLn 26$0
Net assetsLn 32$363K
OperationsPt I, VI
EmployeesI 50
VolunteersI 645
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$132K$207K
Land, buildings, equipmentLn 10c$175K$156K
Total assetsLn 16$307K$363K
LiabilitiesLn 26$0$0
Net assetsLn 32$307K$363K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$9K$5K$4K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$1K$1K
Office expensesLn 13$9K$3K$6K
OccupancyLn 16$15K$12K$3K
Depreciation, depletion and amortizationLn 22$25K$25K
InsuranceLn 23$14K$13K$1K
Other expenses (24a–d)Ln 24$60K$60K
All other expensesLn 24e$267$267
Total functional expensesLn 25$136K$117K$19K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $155K$114K$41K$307K 990 PDF
FY2023 $98K$143K−$45K$266K 990 PDF
FY2022 $72K$169K−$97K$311K 990 PDF
FY2021 $87K$157K−$70K$408K 990 PDF
FY2020 $55K$120K−$66K$478K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $191,788 across 4 lines filed
Lines not itemized here account for $143,131 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$969
VIII-1h Total contributions, gifts and grants$969
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $47,688$47,688
VIII-12 Total revenueRelated to mission $37,304 · Unrelated business $0 · Excluded from tax $153,515$191,788
Part IX · Statement of functional expenses $135,634 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $4,584 · Management $4,251$8,835
IX-11c Accounting feesManagement $2,590$2,590
IX-11g Other fees for servicesManagement $1,080$1,080
IX-13 Office expensesPrograms $2,682 · Management $6,369$9,051
IX-16 OccupancyPrograms $11,853 · Management $2,963$14,816
IX-22 Depreciation, depletion and amortizationPrograms $25,386$25,386
IX-23 InsurancePrograms $12,549 · Management $1,394$13,943
IX-24 Other expenses (24a–d)Programs $59,666$59,666
IX-24e All other expensesManagement $267$267
IX-25 Total functional expensesPrograms $116,720 · Management $18,914 · Fundraising $0$135,634
Part X · Balance sheet $363,146 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $131,729$206,989
X-8 Inventories for sale or useStart of year $325$175
X-10c Land, buildings and equipment, netStart of year $174,938$155,982
X-16 Total assetsStart of year $306,992$363,146
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $306,992$363,146
X-32 Total net assets or fund balancesStart of year $306,992$363,146
X-33 Total liabilities and net assetsStart of year $306,992$363,146
Part XI · Reconciliation of net assets $363,146 net assets at year end
XI-1 Total revenue$191,788
XI-2 Total expenses$135,634
XI-3 Revenue less expenses$56,154
XI-4 Net assets at start of year$306,992
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$363,146

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.