Classic Basketball Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 282,306 | 272,163 | 10,143 | 2.7 | 0% |
| 2013 | 296,332 | 287,805 | 8,527 | 2.9 | 0% |
| 2014 | 463,834 | 313,989 | 149,845 | 8.4 | 0% |
| 2015 | 309,022 | 291,017 | 18,005 | 9.8 | 0% |
| 2016 | 324,817 | 298,411 | 26,406 | 10.6 | 0% |
| 2017 | 417,917 | 365,747 | 52,170 | 10.3 | 0% |
| 2018 | 414,367 | 413,089 | 1,278 | 9.2 | 0% |
| 2019 | 424,598 | 414,504 | 10,094 | 9.5 | 0% |
| 2020 | 16,250 | 105,133 | −88,883 | 27.4 | 0% |
| 2021 | 16,898 | 105,133 | −88,235 | 24.4 | 0% |
| 2022 | 433,611 | 458,218 | −24,607 | 5.0 | 0% |
| 2023 | 523,163 | 506,983 | 16,180 | 4.9 | 0% |
In its most recent public year (2023), this organization brought in $16,180 more than it spent. Its reserves stood at about 4.9 months of spending, up from 2.7 in 2012. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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