Farmington Youth Basketball Association
Farmington Youth Basketball Association maintains stable finances with volunteer leadership and consistent program spending.
EIN: 10612697 · Farmington, MN · NTEE: N62 · Updated: 2026-03-28
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Farmington Youth Basketball Association is mapped to EIN 10612697.
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11 stored filing years available.
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95% program spend, health grade B
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| Metric | Value |
|---|---|
| Total Revenue | $308K |
| Total Expenses | $321K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $300,000. |
| Net Assets | $101K |
| Transparency Score | 92/100 |
Search Intent Cockpit
Farmington Youth Basketball Association Form 990, Revenue, CEO Pay, and IRS Filing Signals
Farmington Youth Basketball Association is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Farmington Youth Basketball Association in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $308K and expenses of $321K.
Revenue and Expenses
Farmington Youth Basketball Association reported $308K in revenue and $321K in expenses, a deficit of $13K.
Executive Compensation
Top officer compensation appears as $300,000. in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Farmington Youth Basketball Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
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Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $305K (95%) |
Across stored filings, Farmington Youth Basketball Association shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
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| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 95% to programs | Excellent |
| Financial durability | Grade B | 11 stored filing years |
| Peer context | Compare with North American Lake Management Society | Minnesota and Category N context |
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Farmington, MN nonprofitsCategory N in Minnesota
Human Services in Minnesota
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Farmington Youth Basketball Association directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Farmington Youth Basketball Association
Farmington Youth Basketball Association (EIN: 10612697) is a nonprofit organization based in Farmington, MN, classified under NTEE code N62. The organization reported total revenue of $308K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Farmington Youth Basketball Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Farmington Youth Basketball Association is a small nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $308K |
| Total Expenses | $321K |
| Surplus / Deficit | $-13,191 |
| Total Assets | $101K |
| Net Assets | $101K |
| Operating Margin | -4.3% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2022, Farmington Youth Basketball Association reported a deficit of $13K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 11 years of filings (2011–2022), Farmington Youth Basketball Association's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -5.1% | -13.0% | +9.5% |
| 2020 | -15.1% | -0.3% | -32.4% |
| 2019 | +7.1% | +6.5% | +9.9% |
| 2018 | +13.9% | +15.0% | +1.8% |
| 2017 | +14.0% | +45.9% | +17.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Farmington Youth Basketball Association with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Farmington Youth Basketball Association allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with annual revenues exceeding $300,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Farmington Youth Basketball Association:
- 0% Officer Compensation: Leadership is entirely volunteer-based, maximizing funds for programs.
- Zero Liabilities: Consistently reports no liabilities, indicating strong financial management and no debt.
- Consistent Program Delivery: Stable revenue and expense history over a decade suggests ongoing program operations.
- Strong Asset Base: Maintains a healthy level of assets relative to its operational size, with $101,358 in the latest period.
- High Transparency: 11 filings available, demonstrating consistent and timely reporting to the IRS.
Frequently Asked Questions about Farmington Youth Basketball Association
Is Farmington Youth Basketball Association a legitimate charity?
Farmington Youth Basketball Association (EIN: 10612697) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $308K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Farmington Youth Basketball Association spend its money?
Farmington Youth Basketball Association directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Farmington Youth Basketball Association tax-deductible?
Farmington Youth Basketball Association is registered as a tax-exempt nonprofit (EIN: 10612697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Farmington Youth Basketball Association CEO make?
Farmington Youth Basketball Association's highest-compensated officer earns $300,000. annually. The organization reported $308K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Farmington Youth Basketball Association compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Farmington Youth Basketball Association is above average for NTEE category N62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Farmington Youth Basketball Association located?
Farmington Youth Basketball Association is headquartered in Farmington, Minnesota and files with the IRS under EIN 10612697. It is classified under NTEE code N62.
How many years of IRS 990 filings does Farmington Youth Basketball Association have?
Farmington Youth Basketball Association has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $308K in total revenue.
Is Farmington Youth Basketball Association a good charity?
Yes, Farmington Youth Basketball Association appears to be a good charity. It demonstrates strong financial health with consistent assets and zero liabilities, operates with 0% officer compensation, and has a clear history of program delivery.
How does the organization manage its leadership costs?
The organization manages its leadership costs exceptionally well, reporting 0% officer compensation in all filings, indicating a volunteer-led structure that minimizes administrative overhead.
What is the trend in the organization's financial stability?
Farmington Youth Basketball Association shows a stable financial trend. While there are minor fluctuations in revenue and expenses, assets have consistently been maintained, and liabilities have remained at $0 across all reported periods.
Filing History
IRS 990 filing history for Farmington Youth Basketball Association showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Farmington Youth Basketball Association's revenue has grown by 148.3%, moving from $124K to $308K. Total assets increased by 110.2% over the same period, from $48K to $101K. Total functional expenses rose by 139.4%, from $134K to $321K. In its most recent filing year (2022), Farmington Youth Basketball Association reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $308K | $321K | $101K | $0 | — | View 990 |
| 2020 | $325K | $369K | $93K | $0 | — | View 990 |
| 2019 | $383K | $370K | $137K | $0 | — | View 990 |
| 2018 | $357K | $348K | $125K | $0 | — | View 990 |
| 2017 | $314K | $302K | $122K | $0 | — | View 990 |
| 2016 | $275K | $207K | $104K | $0 | — | View 990 |
| 2015 | $161K | $168K | $36K | $0 | — | View 990 |
| 2014 | $199K | $192K | $43K | $0 | — | View 990 |
| 2013 | $157K | $163K | $36K | $0 | — | View 990 |
| 2012 | $143K | $140K | $42K | $0 | — | View 990 |
| 2011 | $124K | $134K | $48K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $308K, expenses of $321K, and assets of $101K (revenue -5.1% year-over-year).
- 2020: Revenue of $325K, expenses of $369K, and assets of $93K (revenue -15.1% year-over-year).
- 2019: Revenue of $383K, expenses of $370K, and assets of $137K (revenue +7.1% year-over-year).
- 2018: Revenue of $357K, expenses of $348K, and assets of $125K (revenue +13.9% year-over-year).
- 2017: Revenue of $314K, expenses of $302K, and assets of $122K (revenue +14.0% year-over-year).
- 2016: Revenue of $275K, expenses of $207K, and assets of $104K (revenue +71.0% year-over-year).
- 2015: Revenue of $161K, expenses of $168K, and assets of $36K (revenue -19.3% year-over-year).
- 2014: Revenue of $199K, expenses of $192K, and assets of $43K (revenue +26.9% year-over-year).
- 2013: Revenue of $157K, expenses of $163K, and assets of $36K (revenue +9.7% year-over-year).
- 2012: Revenue of $143K, expenses of $140K, and assets of $42K (revenue +15.3% year-over-year).
- 2011: Revenue of $124K, expenses of $134K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Farmington Youth Basketball Association:
Data Sources and Methodology
This transparency report for Farmington Youth Basketball Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.