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Nonprofit · EIN 35-2409683

MADISON BASKETBALL ASSOCIATION INC

Tax-exempt · MADISON, NJ 07940

Financials

$193K$134K2023$184K$187K2024
Revenue Expenses · by fiscal year end
Financials of MADISON BASKETBALL ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$184,010$186,679-$2,669$267,035$0$267,035
December 31, 2023990-EZ$192,953$133,514$59,439$269,704$0$269,704
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,050
Program service revenue
$178,960

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$186,679
Program services (functional)
$186,678

Balance sheet and other

Total assets, start of year
$269,704
Total assets, end of year
$267,035
Total liabilities, end of year
$0
Net assets, end of year
$267,035
Cash, savings and investments
$267,035
Gross receipts
$184,010

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STACIA EDWARDSTRUSTEE3$0
CHRISTOPHER HOLLANDTRUSTEE3$0
JOHN STUARTTRUSTEE3$0
JOHN CHAPUTTRUSTEE3$0
KEITH CHRISTOFFERSTRUSTEE3$0
MARK SODANOTRUSTEE3$0
GREGORY COLAOTRUSTEE3$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
STACIA EDWARDSTRUSTEE3$0
CHRISTOPHER HOLLANDTRUSTEE3$0
JOHN STUARTTRUSTEE3$0
JOHN CHAPUTTRUSTEE3$0
KEITH CHRISTOFFERSTRUSTEE3$0
MARK SODANOTRUSTEE3$0
GREGORY COLAOTRUSTEE3$0

Address and contacts

Address (IRS master file)
3 LEIGH DR, MADISON, NJ 07940-1308
In care of
% MICHAEL WARESK TTEE
Signed the 990-EZ
STACIA EDWARDS, TRUSTEE
Phone
(973) 906-0426
Return prepared by
GIORDANO ET AL & CO PA CPA

Mission

THE MADISON BASKETBALL ASSOCIATION'S PRIMARY EXEMPT PURPOSE IS TO ORGANIZE, PROMOTE, AND TEACH BASKETBALL IN COOPERATION WITH THE LOCAL GOVERNMENT. THE MADISON BASKETBALL ASSOCIATION COLLECTS REGISTRATION FEES IN ORDER TO PROVIDE UNIFORMS, SUPPLIES, REFEREES AND OFFICE SUPPORT FOR TOWN RECREATION AND TRAVEL BASKETBALL PROGRAMS FOR BOYS AND GIRLS IN GRADES 1 THROUGH 8.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE FOR FACILITIES AND TRAINING TO STUDENTS/PLAYERS
    Expenses $73,683
  • TO PROVIDE REFEREES AND HELPERS AS WELL AS TOURNAMENT FEES FOR TOWN TRAVEL BASKETBALL PROGRAMS
    Expenses $48,457
  • TO PROVIDE UNIFORMS, BALLS, SCORESHEETS, AND OTHER SUPPLIES FOR TOWN RECREATION AND TRAVEL BASKETBALL PROGRAMS
    Expenses $34,926
  • TO PROVIDE OFFICE SUPPORT,FILING FEES AND CHARITABLE CONTRIBUTIONS FOR THE PROGRAM
    Expenses $29,612

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
35-2409683
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$304,105
Income (IRS master file)
$185,774

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$184,010$186,679$267,035XML
990-EZDecember 2023$192,953$133,514$269,704XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-2409683).

Questions about MADISON BASKETBALL ASSOCIATION INC

What is the EIN of MADISON BASKETBALL ASSOCIATION INC?
The employer identification number (EIN) of MADISON BASKETBALL ASSOCIATION INC is 35-2409683.
Is MADISON BASKETBALL ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to MADISON BASKETBALL ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MADISON BASKETBALL ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MADISON BASKETBALL ASSOCIATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MADISON BASKETBALL ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of MADISON BASKETBALL ASSOCIATION INC?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does MADISON BASKETBALL ASSOCIATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $184,010, expenses of $186,679 and total assets of $267,035 at year end.

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