MARYLAND BASKETBALL ACADEMY INC

EIN: 454525127 501(c)(3)

ROCKVILLE, MD

Total Revenue
$208,339
Total Expenses
$217,384
Total Assets
$8,047
Net Assets
$8,047
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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
2012
Legal Domicile
MD
Principal Officer
ANDREW MERINGOFF
Phone
7036771818
Tax Period
2019-01-01 to 2019-12-31

MARYLAND BASKETBALL ACADEMY INC, founded in 2012, is a small nonprofit that reported $208K in total revenue in fiscal year 2019. Revenue decreased 20% compared to the prior year.

Mission

TO HELP KIDS PROSPER THRU LIFE UTILIZING BASKETBALL SKILLS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $208,261
Investment Income $78
Other Revenue $0
TOTAL REVENUE $208,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $217,384
Other Expenses $217,384
TOTAL EXPENSES $217,384

Year-over-Year Comparison

2019 2018 Change
Revenue $208,339 $260,237 -0.2%
Expenses $217,384 $231,007 -0.1%
Net Income $-9,045 $29,230 -1.3%
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
4
Independent Members
4
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
0
$0
Total Directors
4
$8,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW MERINGOFF PRESIDENT/EXEC DIRECTOR 30.00
Director
$0 $0 $0
TRACY BRECHER SECRETARY 1.00
Director
$0 $0 $0
LISA MERINGOFF TREASURER 15.00
Director
$0 $0 $0
ERIK GRAVES DIRECTOR 30.00
Director
$0 $8,500 $8,500
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
2019 $208,339 $217,384 $8,047 $-9,045
2018 $260,237 $231,007 $17,092 $29,230
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