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

Baseball 320 INC FY2022 filing

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Fosters national amateur youth baseball competition. For fiscal year 2022 it reported $531K in revenue, $359K in expenses, and $363K 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 (2020–2022)
Revenue
$531KFY2022
Expenses
$359K
Net assets
$363K
People
10
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 FY2022 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
$531K revenue, $359K expenses
Bottom line
93% program efficiency
Where the money goes · FY2022
Total revenue
$531K
Pt VIII · Ln 12
Total expenses
$359K
Pt IX · Ln 25
Net assets
$363K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $172K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs
Operating runway
3.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+32%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$531K
FY2022▲ +67%
Expenses
$359K
FY2022▲ +18%
Total assets
$431K
FY2022▲ +58%
Total liabilities
$68K
FY2022▼ -17%
Total revenue
$531K
Pt VIII · Ln 12
Total expenses
$359K
Pt IX · Ln 25
Net assets
$363K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$172K
Total assetsPt X · Ln 16$431K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

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 1a10
Independent voting membersPt VI · Ln 1b10
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice Pesiden
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Transportati
$0Pt VII · Sec A
$0Pt VII · Sec A
Projects Dir
$0Pt VII · Sec A
Fundraising
$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 $332K of program spending, described in the organization's own filed words · FY2022.
01

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

$332Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$238K · 45%
Other revenue$202K · 38%
Program service revenue$92K · 17%
Contributions & grants45%$238K
Other revenue38%$202K
Program service revenue17%$92K
Investment income$24
Total revenueLn 12$531K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$332K
Management & general7%$27K
Total functional expensesLn 25$359K

Balance Sheet

Part X · end of year
CashLn 1$112K
Total assetsLn 16$431K
Total liabilitiesLn 26$68K
Total net assetsLn 32$363K
Months of cash on handcomputed3.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $112K · Operating expenses/yr $359K
3.7 months
Where the money goes
Program services
Program services $332K · Total expenses $359K
93%
Management & General
Management & general $27K · Total expenses $359K
7%
Fundraising
Fundraising $0 · Total expenses $359K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $91K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $238K · Total revenue $531K
45%
Government reliance
Government grants — · Total revenue $531K
Earned-income share
Program service revenue $92K · Total revenue $531K
17%
Investment reliance
Investment income $24 · Total revenue $531K
<0.01%
Program self-sufficiency
Program service revenue $92K · Total expenses $359K
26%
Growth & trend
Revenue growth (YoY)
This year $531K · Prior year $319K
+67%
Net-asset trend (YoY)
End of year $363K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $531K · Expenses $359K
+32%
Liabilities-to-Assets
Total liabilities — · Total assets $431K
Net-asset ratio
Net assets $363K · Total assets $431K
84%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $431K
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 $359K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $359K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 67%
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 · viewing · ⤓ 990 PDF
FY2021$319K revenue · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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