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Maryland Basketball Academy Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454525127 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Maryland Basketball Academy Inc?

Maryland Basketball Academy Inc is a nonprofit organization, whose specific details, such as its location or the number of employees, are not provided in the information array. The organization's primary focus, as per the description, revolves around basketball, though the exact nature of its activities or missions remains unclear. Unfortunately, the status of the Academy is indicated as 'terminated' or 'no longer active'. Despite this setback, the potential for a community-focused basketball program, fostering skills and teamwork, remains a possibility.


Official website here: www.marylandbasketballacademy.org

Is Maryland Basketball Academy Inc legitimate?

Maryland Basketball Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Basketball Academy Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.marylandbasketballacademy.org

What is the mission statement of Maryland Basketball Academy Inc?

Maryland Basketball Academy Inc, originally a nonprofit organization, has ceased its operations or is no longer active. Previously, its mission, if available, would likely have focused on promoting basketball skills, fostering teamwork, and possibly encouraging sportsmanship and character development through basketball, among other potential objectives. However, due to the organization's termination or inactivity, its specific mission statement cannot be ascertained.


Official website here: www.marylandbasketballacademy.org

Who is the CEO of Maryland Basketball Academy Inc?

Lisa Meringoff is the Treasurer of Maryland Basketball Academy Inc.


Official website here: www.marylandbasketballacademy.org

What is the revenue of Maryland Basketball Academy Inc?

Maryland Basketball Academy Inc's revenue in 2021 was -$3,443.


Official website here: www.marylandbasketballacademy.org

Who are the executives of Maryland Basketball Academy Inc and what are their salaries?


Here are 4 key members and their salaries:


Andrew Meringoff (President/Exec Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Brecher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Meringoff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Graves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marylandbasketballacademy.org

Where can I find the form 990EZ for Maryland Basketball Academy Inc?

Maryland Basketball Academy Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.marylandbasketballacademy.org

Learn more at the official website: www.marylandbasketballacademy.org

Mission Statement of Maryland Basketball Academy Inc

Maryland Basketball Academy Inc, as mentioned, has ceased its operations or no longer exists as a nonprofit organization. Prior to its termination, its mission or activity was not specified in the provided information. Therefore, I'm unable to provide a detailed summary of its mission in this context.

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Impact




October, 2024

Maryland Basketball Academy Inc had a significant impact on the local community in Rockville, MD, by promoting youth engagement in sports and fostering a love for basketball. Through its programs, the Academy likely provided young athletes with opportunities to develop their skills, build teamwork and leadership qualities, and maintain an active lifestyle. By creating a space for recreation and competition, it also contributed to social interactions among youth, promoting friendships and community ties. Despite its termination, the legacy of its mission to engage and uplift young individuals through basketball remains a vital aspect of the community's sporting culture.




This information is meant to be a general summary of Maryland Basketball Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$3,443 (2021)
Expenses
$5,955 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $37,017

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $41,590
  • Net Assets: -$41,590

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Organization Details

Principal Officer

Lisa Meringoff

Main Address

102 JAY DRIVE, ROCKVILLE, MD, 20850

NTEE Category

Code: N62 - Recreation

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