SOUTHERN EAGLE BASKETBALL OFFICIALS ASSOCIATION INC

EIN: 611695824 Community Improvement

STATESBORO, GA

Total Revenue
$149,164
Total Expenses
$142,403
Total Assets
$6,868
Net Assets
$6,868
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
GA
Principal Officer
EUGENE SHERRY
Tax Period
2024-01-01 to 2024-12-31

SOUTHERN EAGLE BASKETBALL OFFICIALS ASSOCIATION INC, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $149K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $142K left a modest 5% surplus.

Mission

THE ORGANIZATION EXISTS AS A PROFESSIONAL ASSOCIATION OF HIGH SCHOOL BASKETBALL OFFICIALS TO PROVIDE RECRUITMENT, TRAINING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR OUR OFFICIALS SO WE CAN IMPROVE THE QUALITY OF OUR OFFICIATING TO ENHANCE THE ENJOYMENT OF PARTICIPATION IN AMATEUR BASKETBALL BY THE RESPECTIVE ATHLETES AND COACHES WHO PARTICIPATE. WE PROVIDE TRAINED OFFICIALS SO THAT THE GAMES CAN BE PLAYED IN ACCORDANCE WITH THE RULES OF THE SPORT SO THAT NO TEAM RECEIVES AN UNFAIR ADVANTAGE OVER ITS COMPETITOR. THE MEMBERS MEET REGULARLY FROM SEPTEMBER THROUGH NOVEMBER. WE PARTICIPATE IN GEORGIA HIGH SCHOOL ASSOCIATION (GHSA) TRAINING ACTIVITIES FOR BASKETBALL OFFICIALS AND ADHERE TO TRAINING AND CONDUCT GUIDELINES AS PROVIDED BY THE GHSA.

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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 $0
Program Service Revenue $149,164
Investment Income $0
Other Revenue $0
TOTAL REVENUE $149,164

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $140,203
Other Expenses $142,403
TOTAL EXPENSES $142,403

Year-over-Year Comparison

2024 2023 Change
Revenue $149,164 $166,366 -0.1%
Expenses $142,403 $173,716 -0.2%
Net Income $6,761 $-7,350 -1.9%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
41
Independent Members
41
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
4
$1,850
Total Directors
4
$1,850
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EUGENE SHERRY PRESIDENT 1.00
Officer Director
$1,500 $0 $1,500
NICHOLAS COCHRAN VICE PRESIDE N/A
Officer Director
$0 $0 $0
MATTHEW HORST EXEC SECRETA N/A
Officer Director
$350 $0 $350
ISADORE SWINT MEMBER AT LA N/A
Officer Director
$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 $149,164 $142,403 $6,868 $6,761
2023 $166,366 $173,716 $107 $-7,350
2022 $144,403 $142,196 $7,457 $2,207
2021 $99,140 $100,415 $5,250 $-1,275
2020 $106,748 $103,824 $6,525 $2,924
2019 $126,971 $125,756 $3,601 $1,215
2018 $125,118 $125,823 $2,386 $-705
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