MADISON BASEBALL INC

EIN: 901029735 501(c)(3)

MADISON, CT

Total Revenue
$155,650
Total Expenses
$172,248
Total Assets
$64,325
Net Assets
$64,325
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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
2014
Legal Domicile
CT
Phone
2035269989
Tax Period
2021-01-01 to 2021-12-31

MADISON BASEBALL INC, founded in 2014, is a small nonprofit that reported $156K in total revenue in fiscal year 2021. Revenue decreased 6% compared to the prior year. Expenses of $172K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO ORGANIZE AND LEAD A LARGE GROUP OF DEDICATED VOLUNTEERS ALIGNED TO INCREASING THE NUMBER OF BASEBALL PLAYERS IN MADISON, CT THROUGH THE AGES OF 8 TO 18 YEARS OLD. THIS IS ACHEIVED BY FACILITATING THE DEVELOPMENT OF PLAYERS THROUGH A POSITIVE TRANSITION FROM LITTLE LEAGUE TO COMPETITIVE 180 PROGRAMS. WE ALSO EXIST

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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 $155,650
Investment Income $0
Other Revenue $0
TOTAL REVENUE $155,650

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $172,248
Other Expenses $172,248
TOTAL EXPENSES $172,248

Year-over-Year Comparison

2021 2020 Change
Revenue $155,650 $165,515 -0.1%
Expenses $172,248 $154,163 +0.1%
Net Income $-16,598 $11,352 -2.5%
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

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
1
Independent Members
1
Employees
N/A
Volunteers
19

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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH CARONE PRESIDENT 0.00
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
2021 $155,650 $172,248 $64,325 $-16,598
2020 $165,515 $154,163 $80,923 $11,352
2019 $147,720 $153,276 $69,571 $-5,556
2018 $121,385 $141,401 $75,127 $-20,016
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