Kb Fastpitch EIN 46-3709997 Form 990 (PDF) Claim this org

Kb Fastpitch FY2024 filing

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Encourages girls to love and excel in softball, building life skills. For fiscal year 2024 it reported $268K in revenue, $298K in expenses, and $-30K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Woodinville, WA
Website
kbfastpitch.org
Filings
5 on file (2021–2024)
Revenue
$268KFY2024
Expenses
$298K
Net assets
$-30K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-3709997 Public charity (501(c)(3)) Woodinville, WA
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Encourages girls to love and excel in softball, building life skills.
Leadership
Peggy Barcalow · Treasurer
Money in and out
$268K revenue, $298K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$268K
Pt VIII · Ln 12
Total expenses
$298K
Pt IX · Ln 25
Net assets
$-30K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$30K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
-1.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$268K
FY2024▲ +8%
Expenses
$298K
FY2024▲ +40%
Total assets
$-30K
FY2024▼ -165%
Total liabilities
$0
FY2024
Total revenue
$268K
Pt VIII · Ln 12
Total expenses
$298K
Pt IX · Ln 25
Net assets
$-30K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$30K
Total assetsPt X · Ln 16$-30K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKb Fastpitch
EINHdr · item D46-3709997
Principal addressHdr · item CWoodinville, WA
WebsiteHdr · item Jkbfastpitch.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N63)
Ruling yearIRS BMFJul 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Manager Liason
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $298K of program spending, described in the organization's own filed words · FY2023.
01

Field Rental

$122Kprogram expense
02

To promote and support girls in fostering a love of sports, specifically softball, and to help them improve in not only all aspects of softball, but in their personal lives as well. Supported 80 girls from ages 9-17

$92Kprogram expense
03

Coaching

$83Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$268K
Total revenueLn 12$268K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$298K
Total functional expensesLn 25$298K

Balance Sheet

Part X · end of year
CashLn 1$-30K
Total assetsLn 16$-30K
Total liabilitiesLn 26$0
Total net assetsLn 32$-30K
Months of cash on handcomputed-1.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $-30K · Operating expenses/yr $298K
-1.2 months
Where the money goes
Program services
Program services $298K · Total expenses $298K
100%
Management & General
Management & general $0 · Total expenses $298K
0%
Fundraising
Fundraising $0 · Total expenses $298K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $259K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $268K · Total revenue $268K
100%
Government reliance
Government grants $0 · Total revenue $268K
0%
Earned-income share
Program service revenue $0 · Total revenue $268K
0%
Investment reliance
Investment income $0 · Total revenue $268K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $298K
0%
Growth & trend
Revenue growth (YoY)
This year $268K · Prior year $250K
+8%
Net-asset trend (YoY)
End of year $-30K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $268K · Expenses $298K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $-30K
Net-asset ratio
Net assets $-30K · Total assets $-30K
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $-30K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Peggy Barcalow · Reported title Treasurer · Highest reported compensation $0 · Total expenses $298K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $298K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 8%

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 · FY2024
Total grants receivedfrom 1 funder$25K

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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)$364K revenue · ⤓ 990 PDF
FY2024$268K revenue · viewing · ⤓ 990 PDF
FY2023$250K revenue · ⤓ 990 PDF
FY2022$153K revenue · ⤓ 990 PDF
FY2021$120K 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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