NEW MILFORD YOUTH BASEBALLSOFTBALL INC

EIN: 061263315 501(c)(3) Recreation & Sports

NEW MILFORD, CT

Total Revenue
$173,638
Total Expenses
$185,144
Total Assets
$25,052
Net Assets
$25,052
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
CT
Principal Officer
JOSEPH PANNOZZO
Tax Period
2024-01-01 to 2024-12-31

NEW MILFORD YOUTH BASEBALLSOFTBALL INC, founded in 1991, is a small nonprofit in the Recreation & Sports sector that reported $174K in total revenue in fiscal year 2024.

Mission

TO PROMOTE, DEVELOP, SUPERVISE, AND VOLUNTARILY ASSIST THOSE WHO WILL PARTICIPATE IN BASEBALL AND SOFTBALL. TO ASSIST CHILDREN IN DEVELOPING THE QUALITIES OF DISCIPLINE, TEAMWORK AND PHYSICAL WELL-BEING. TO EDUCATE THE LOCAL AREA YOUTH ABOUT THE SKILLS NEEDED TO PLAY BASEBALL AND SOFTBALL, ESSENTIAL MENTAL AND PHYSICAL DEVELOPMENT, AND THE BASIC IDEALS OF FAIR PLAY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,400
Program Service Revenue $157,161
Investment Income $17
Other Revenue $6,060
TOTAL REVENUE $173,638

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $181,542
Other Expenses $185,144
TOTAL EXPENSES $185,144

Year-over-Year Comparison

2024 2023 Change
Revenue $173,638 $176,590 0.0%
Expenses $185,144 $174,489 +0.1%
Net Income $-11,506 $2,101 -6.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
14

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRANDON MERRITT BOARD MEMBER 3.00
Director
$0 $0 $0
RYAN BENSON BOARD MEMBER 3.00
Director
$0 $0 $0
LIZ SCHWALBE BOARD MEMBER 3.00
Director
$0 $0 $0
PAT WOOD BOARD MEMBER 3.00
Director
$0 $0 $0
JARED TUBERVILLE BOARD MEMBER 3.00
Director
$0 $0 $0
NICHOLAS BERNARDI BOARD MEMBER 3.00
Director
$0 $0 $0
CAYLINN PANNOZZO VICE-PRESIDENT 3.00
Officer
$0 $0 $0
JOE PANNOZZO VICE-PRESIDENT 3.00
Officer
$0 $0 $0
CHRIS SIMMONS PRESIDENT 3.00
Officer
$0 $0 $0
MEGAN LATHROP TREASURER 3.00
Officer
$0 $0 $0
LISA EMMONS SECRETARY 3.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $173,638 $185,144 $25,052 $-11,506
2023 $176,590 $174,489 $36,558 $2,101
2022 $247,291 $251,802 $34,457 $-4,511
2021 $152,049 $127,200 $38,968 $24,849
2020 $99,078 $105,911 $14,119 $-6,833
2019 $160,852 $162,450 $20,952 $-1,598
2018 $237,563 $241,921 $22,550 $-4,358
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