Mission
PROVIDE EDUCATION AND ATHLETIC RECREATION TO HIGH SCHOOL STUDENTS
Small Public Charity
MLK FRIENDS OF BASKETBALL INC
Based in CHICAGO, IL, MLK FRIENDS OF BASKETBALL INC operates as a Small Public Charity. The organization reported $18K in revenue, $26K in expenses, $61K in total assets for fiscal year 2020. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $54K.
EIN: 043835759
CHICAGO, IL
Basketball
NTEE: N62
Latest filing: 2020
Total Revenue$18K
Total Expenses$26K
Total Assets$61K
Grant Records5
Funding Total$54K
Filing Years2018–2020
Where $100 goes at Mlk Friends of Basketball Inc
How Mlk Friends of Basketball Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 3 years.
$100
Programs
the work itself
<$1
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $100 for programs
$100
57 teams competed, traveled, provided hotel rooms, food is provided for 900 student athletes
Source: Form 990-EZ filings with the IRS, latest fiscal year 2020. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Youth Development
$20,000
GENERAL SUPPORT
$6,800
GENERAL SUPPORT
$6,800
Youth Development
$20,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
PRESIDENT
Dorothy L Gaters
DIRECTOR
Marilyn Young
TREASURER
Mary J Franklin
DIRECTOR
William Cobbs
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2020 | $18K | $26K | $61K |
| 2019 | $21K | $19K | $69K |
| 2018 | $22K | $18K | $68K |
Between 2018 and 2020, reported annual revenue declined from $22K to $18K (-21%), with total assets most recently reported at $61K.
Interactive year-over-year charts and full filing details available with membership.