Operating record

Lakeville North Boys Basketball Association

Lakeville, MN · EIN 80-0158331 · files full Form 990 · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2021$189,038$164,040$24,99815.0
2022$289,956$320,071−$30,1156.60%
2023$390,984$382,885$8,0995.70%
2024$402,974$349,353$53,6218.10%

In its most recent public year (2024), this organization brought in $53,621 more than it spent. Its reserves stood at about 8.1 months of spending, down from 15 in 2021. 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 2024. 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 ↗