MIDWEST LEAGUE OF PROFESSIONAL BASEBALL CLUBS INC

EIN: 421246059

BELOIT, WI

Total Revenue
$2
Total Expenses
$17,243
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
WI
Principal Officer
RICHARD A NUSSBAUM II
Phone
6083641188
Tax Period
2021-11-01 to 2022-10-28

MIDWEST LEAGUE OF PROFESSIONAL BASEBALL CLUBS INC, founded in 1984, is a micro nonprofit that reported $2 in total revenue in fiscal year 2021. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $17K exceeded revenue, resulting in a 862050% operating deficit.

Mission

THE PURPOSES FOR WHICH THIS LEAGUE WAS ORGANIZED IS TO:1. TO PERPETUATE BASEBALL AS AN INTERNATIONAL GAME AND TO SURROUND IT WITH SUCH SAFEGUARDS AS TO WARRANT ABSOLUTE PUBLIC CONFIDENCE IN ITS INTEGRITY AND METHODS.2. TO PROTECT, PROMOTE AND IMPROVE THE MUTUAL INTERESTS OF PROFESSIONAL BASEBALL CLUBS AND PROFESSIONAL BASEBALL PLAYERS.3. TO ESTABLISH AND REGULATE THE BASEBALL CHAMPIONSHIP OF THE AREA IN WHICH THE CLUBS ARE MEMBERS OF THIS LEAGUE SHALL PLAY.4. TO UNITE IN COMMON ORGANIZATION THOSE PROFESSIONALLY ENGAGED IN BASEBALL.5. TO FORMULATE AND MAINTAIN ETHICAL STANDARDS FOR THE GUIDANCE OF ITS MEMBER IN THEIR RELATIONS WITH EACH OTHER AND WITH THE PUBLIC.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2
Other Revenue $0
TOTAL REVENUE $2

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $17,243
TOTAL EXPENSES $17,243

Year-over-Year Comparison

2021 2020 Change
Revenue $2 $21 -0.9%
Expenses $17,243 $120,695 -0.9%
Net Income $-17,241 $-120,674 -0.9%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
1
Volunteers
N/A

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
2
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW BERLIN BOARD MEMBER 1.00
Director
$0 $0 $0
JACK BLACKSTOCK BOARD MEMBER 1.00
Director
$0 $0 $0
PETER CARFAGNA BOARD MEMBER 1.00
Director
$0 $0 $0
LEW CHAMBERLIN BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS CONERTON BOARD MEMBER 1.00
Director
$0 $0 $0
TOM DICKSON BOARD MEMBER 1.00
Director
$0 $0 $0
JASON FREIER BOARD MEMBER 1.00
Director
$0 $0 $0
DR BOB FROEHLICH BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE HAYES BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID HELLER BOARD MEMBER 1.00
Director
$0 $0 $0
JASON MOTT BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG NELSON BOARD MEMBER 1.00
Director
$0 $0 $0
KIM PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
GREG ROSENBAUM BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD TAMMEN BOARD MEMBER 1.00
Director
$0 $0 $0
TED TORNOW BOARD MEMBER 1.00
Director
$0 $0 $0
ROB ZERJAV BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD A NUSSBAUM II PRESIDENT/LEGAL COUNSEL/SE 40.00
Officer
$0 $0 $0
DAVE WALKER VICE PRESIDENT 1.00
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
2022 $2 $17,243 No data $-17,241
2021 $21 $120,695 $11,942 $-120,674
2020 $188,534 $233,300 $132,654 $-44,766
2019 $657,404 $763,884 $261,221 $-106,480
2018 $734,393 $736,299 $285,287 $-1,906
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