Baseball 320 INC EIN 46-0447908 Form 990 (PDF) Claim this org

Baseball 320 INC FY2021 filing

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Fosters national amateur youth baseball competition. For fiscal year 2021 it reported $319K in revenue, $305K in expenses, and $192K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Rapid City, SD
Website
www.post320stars.org
Filings
6 on file (2020–2021)
Revenue
$319KFY2021
Expenses
$305K
Net assets
$192K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-0447908 Public charity (501(c)(3)) Rapid City, SD
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Fosters national amateur youth baseball competition.
Leadership
Myron Wetzler · President
Money in and out
$319K revenue, $305K expenses
Bottom line
95% program efficiency
Where the money goes · FY2021
Total revenue
$319K
Pt VIII · Ln 12
Total expenses
$305K
Pt IX · Ln 25
Net assets
$192K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $14K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Program efficiency
95%
of spending reaches programs
Operating runway
4.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$319K
FY2021▲ +58%
Expenses
$305K
FY2021▲ +38%
Total assets
$274K
FY2021▲ +42%
Total liabilities
$82K
FY2021▲ +432%
Total revenue
$319K
Pt VIII · Ln 12
Total expenses
$305K
Pt IX · Ln 25
Net assets
$192K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$14K
Total assetsPt X · Ln 16$274K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBaseball 320 INC
EINHdr · item D46-0447908
Principal addressHdr · item CRapid City, SD
WebsiteHdr · item Jwww.post320stars.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N63)
Ruling yearIRS BMFOct 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
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
President
$0Pt VII · Sec A
Vice Pesiden
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Volunteer Co
$0Pt VII · Sec A
Fundraising
$0Pt VII · Sec A
Projects Dir
$0Pt VII · Sec A
See Baseball 320 INC executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $288K of program spending, described in the organization's own filed words · FY2021.
01

Provide for youth sports program, training, equipment,facilities and travel.

$288Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$192K · 60%
Program service revenue$98K · 31%
Contributions & grants$28K · 9%
Other revenue60%$192K
Program service revenue31%$98K
Contributions & grants9%$28K
Investment income$17
Total revenueLn 12$319K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$288K
Management & general5%$17K
Total functional expensesLn 25$305K

Balance Sheet

Part X · end of year
CashLn 1$106K
Total assetsLn 16$274K
Total liabilitiesLn 26$82K
Total net assetsLn 32$192K
Months of cash on handcomputed4.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $106K · Operating expenses/yr $305K
4.2 months
Where the money goes
Program services
Program services $288K · Total expenses $305K
95%
Management & General
Management & general $17K · Total expenses $305K
5%
Fundraising
Fundraising $0 · Total expenses $305K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $18K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $28K · Total revenue $319K
9%
Government reliance
Government grants — · Total revenue $319K
Earned-income share
Program service revenue $98K · Total revenue $319K
31%
Investment reliance
Investment income $17 · Total revenue $319K
<0.01%
Program self-sufficiency
Program service revenue $98K · Total expenses $305K
32%
Growth & trend
Revenue growth (YoY)
This year $319K · Prior year $202K
+58%
Net-asset trend (YoY)
End of year $192K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $319K · Expenses $305K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $274K
Net-asset ratio
Net assets $192K · Total assets $274K
70%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $274K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Myron Wetzler · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $305K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $305K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Revenue growth 58%
Legal fee ratio 0.3%
Accounting fee ratio 1%

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 · FY2023
Total grants receivedfrom 1 funder$90

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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
FY2025 (Latest)$394K revenue · ⤓ 990 PDF
FY2024$373K revenue · ⤓ 990 PDF
FY2023$386K revenue · ⤓ 990 PDF
FY2022$531K revenue · ⤓ 990 PDF
FY2021$319K revenue · viewing · ⤓ 990 PDF
FY2020$202K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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