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Syba Inc

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

EIN: 465515589 ✦ Stewartville, MN ✦ Designated as a 501(c)(3)

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Overview

What is Syba Inc?

Syba Inc, based in Stewartville, Minnesota, is a nonprofit organization that primarily focuses on supporting the basketball programs for students at Stewartville High School, both for boys and girls. They aim to introduce young players to the game of basketball and help develop their skills. Syba Inc has been successful in operating more than 20 youth basketball teams and has provided need-based scholarships. Additionally, they have purchased new uniforms for all players, ensuring every student athlete has an opportunity to play at their level. The organization's mission is to foster a love for basketball in the community and provide a platform for skill development.


Official website here: www.stewartvilleyouthsports.net

Is Syba Inc legitimate?

Syba Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Syba Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.stewartvilleyouthsports.net

What is the mission statement of Syba Inc?

Syba Inc, being a non-profit organization, is committed to supporting the basketball programs at Stewartville High School for both boys and girls. Their primary objective is to introduce young players to the game of basketball and help them enhance their skills as players. Syba Inc firmly believes that every student-athlete should have the chance to play basketball at their respective level. They aim to contribute to the development of these young athletes, fostering a love for the sport and equipping them with necessary skills.


Official website here: www.stewartvilleyouthsports.net

Who is the CEO of Syba Inc?

Bernie Theobald is the President of Syba Inc.


Official website here: www.stewartvilleyouthsports.net

What is the revenue of Syba Inc?

Syba Inc's revenue in 2022 was $112,611.


Official website here: www.stewartvilleyouthsports.net

Who are the executives of Syba Inc and what are their salaries?

There 100 volunteers at Syba Inc.


Here are 17 key members and their salaries:


Bernie Theobald (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Spencer (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Wellik (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casi Bell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aric Yaw (Boys Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Shindelar (Girls Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Eastman (Coaches Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Dick (Co-Comms Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Gehrking (Equipment Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Larson (Scheduling D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Johnson (Tournament D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nichol O'Neill (Concessions)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Romens (Fundraising)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Romens (Gambling Man)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Cook (Comms Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Lechner (Part Year Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeni Loftus (Part Year Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stewartvilleyouthsports.net

Where can I find the form 990 for Syba Inc?

Syba Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stewartvilleyouthsports.net

Learn more at the official website: www.stewartvilleyouthsports.net

Mission Statement of Syba Inc

Syba Inc, a non-profit organization, is dedicated to supporting the basketball programs for both boys and girls at Stewartville High School. Their primary goal is to introduce young players to the game of basketball and help them develop their skills as athletes. Syba Inc believes that every student athlete should have the opportunity to play basketball at their respective levels. The organization's mission is to support the high school basketball teams and foster the growth of young basketball players, ensuring they have a solid foundation in the sport.

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Impact




October, 2024

Syba Inc has a significant impact on the youth in Stewartville, Minnesota by fostering a passion for basketball and ensuring that every student athlete has the opportunity to participate in the sport, regardless of their background. Through the operation of more than 20 youth basketball teams, Syba Inc plays a pivotal role in skill development, teamwork, and physical fitness for young athletes.

The organization not only introduces children to the fundamentals of basketball but also cultivates a competitive spirit and a sense of community among players. By providing need-based scholarships, Syba Inc eliminates financial barriers, allowing more children to engage in basketball and benefit from the life skills that accompany team sports.

Additionally, the purchase of new uniforms for all players enhances team identity and pride, further boosting morale and promoting inclusivity. In essence, Syba Inc nurtures both the athletic and personal growth of young players, laying a strong foundation for their future involvement in sports and community activities.




This information is meant to be a general summary of Syba 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
$112,611 (2022)
Expenses
$98,407 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $78
  • Program Service Revenue: $66,832
  • Gross Receipts: $592,230

Assets and Liabilities:

  • Total Assets: $79,150
  • Total Liabilities: $4,926
  • Net Assets: $74,224

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ATHLETE FEES

Revenue

$43,128

TOURNAMENTS

Revenue

$19,845

MN LYNX/TIMBERWOLVES

Revenue

$3,859

Organization Details

Founding Year

2014

Principal Officer

Bernie Theobald

Main Address

PO BOX 72, STEWARTVILLE, MN, 55976

NTEE Category

Code: N62 - Recreation

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