DRKB INC

EIN: 453676140 501(c)(3) Unknown

MILFORD, CT

Total Revenue
$330,704
Total Expenses
$332,436
Total Assets
$4,423
Net Assets
$4,423
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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
2011
Legal Domicile
CT
Principal Officer
KEITH RICE
Phone
2033629247
Tax Period
2023-07-01 to 2024-06-30

DRKB INC, founded in 2011, is a small nonprofit in the Unknown sector that reported $331K in total revenue in fiscal year 2023.

Mission

ANNUAL BASKETBALL LEAGUE AND TOURNAMENTS FOR TOWN OF MILFORD BOYS AND GIRLS AGE NINE THROUGH SIXTEEN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $330,704
Investment Income $0
Other Revenue $0
TOTAL REVENUE $330,704

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $331,065
Other Expenses $332,436
TOTAL EXPENSES $332,436

Year-over-Year Comparison

2023 2022 Change
Revenue $330,704 $320,239 +0.0%
Expenses $332,436 $317,865 +0.0%
Net Income $-1,732 $2,374 -1.7%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE ALESSIE SECRETARY N/A
Officer
$0 $0 $0
KEITH RICE PRESIDENT N/A
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
2025 No data No data No data No data
2024 $330,704 $332,436 $4,423 $-1,732
2023 $320,239 $317,865 $6,155 $2,374
2022 $271,056 $283,651 $3,781 $-12,595
2020 $315,602 $297,487 $24,277 $18,115
2019 $283,077 $277,785 $6,162 $5,292
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