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Filing year 2023

CLASSIC BASKETBALL INC

Fort Myers, Florida·EIN 65-0243879·NTEE N62Z · Recreation & Sports·501(c)(3)
Total revenue
$653k
Total assets
$350k
Total expenses
$509k
Reported officers
13
Mission

ORGANIZE, OPERATE AND PROMOTE THE CITY OF PALMS CLASSIC BOY'S HIGH SCHOOL BASKETBALL TOURNAMENT

Reported officers (all unpaid)

No paid executives reported in 2023. CLASSIC BASKETBALL INC reported 13 unpaid officers and board members on its 990.

Vice President
Director
Director
Secretary
Treasurer
Director
Director
Director
President
Director
Director
Director
Executive Director
Pay in context

Top pay as a share of expenses

In 2022, the highest total compensation at CLASSIC BASKETBALL INC equaled 8% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2022)
8%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,433 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

CLASSIC BASKETBALL INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$523k
$507k
2022
$653k
$509k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Recreation & Sports executives earn in Florida

CLASSIC BASKETBALL INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable recreation & sports organization in Florida earns a median of $50,000.

25th percentile
$13k
Median
$50,000
75th percentile
$134k
90th percentile
$323k

These are recreation & sports sector-wide figures, not this organization's reported pay. Based on 378 organizations across 378 filings (2022 – 2024).

See full Recreation & Sports pay data for Florida

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FAQ

Common questions about CLASSIC BASKETBALL INC

What are CLASSIC BASKETBALL INC's revenue and expenses?

In 2023, CLASSIC BASKETBALL INC reported $653k in total revenue and $509k in total expenses on its IRS Form 990.

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