Nonprofit · EIN 27-4194939
FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC
Tax-exempt (reinstated) · WEYMOUTH, MA 02190
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $242,749 | $266,700 | -$23,951 | $7,845 | $0 | $7,845 |
| December 31, 2023 | 990 | $250,621 | $235,722 | $14,899 | $31,796 | $0 | $31,796 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $79,959
- Membership dues
- $79,959
- Program service revenue
- $162,790
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $8,000
- Benefits paid to members
- $170,866
- Compensation of officers, directors and key employees
- $36,000
- Other salaries and wages
- $29,500
- Salaries, compensation and benefits (total)
- $72,834
- Professional fundraising fees
- $0
- Legal fees
- $3,000
- Accounting fees
- $3,500
- Program services (functional)
- $266,700
Balance sheet and other
- Total assets, start of year
- $31,796
- Total assets, end of year
- $7,845
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,845
- Gross receipts
- $242,749
- Employees
- 5
- Volunteers
- 0
- Year formed
- 2010
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH PAOLUCCI | COMMISIONER Trustee or director, Officer, Highest-paid employee | 25 | $36,000 |
| JOHN CREEDON JR | CHAIRMAN OF THE BOARD Trustee or director, Officer | 0.5 | $0 |
| JEFF GOLDKLANG | OFFICER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH PAOLUCCI | COMMISIONER Trustee or director, Officer, Highest-paid employee | 25 | $35,000 |
| JOHN CREEDON JR | CHAIRMAN OF THE BOARD Trustee or director, Officer | 0.5 | $0 |
| JEFF GOLDKLANG | OFFICER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 458, WEYMOUTH, MA 02190-0004
- Principal officer (990 for 2024)
- JOSEPH PAOLUCCI, PO BOX 458, SOUTH WEYMOUTH, MA 02190
- Signed the 990
- JOSEPH PAOLUCCI, PRESIDENT
- Phone
- (339) 440-3417
- Return prepared by
- L A Lawrence & Associates Inc
Mission
To foster, encourage and teach college age athletes the fundamentals of the sport of baseball, including the rules of the game and the principles of good sportmanship.
Program accomplishments
- The organization maintains a membership of seven teams, comprising between 35-50 college age athletes per team, partcipating in competative games within their own league and with other leagues established for the benefit of the players.Expenses $266,700 · revenue $242,750
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-4194939
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N99)
- Assets (IRS master file)
- $7,845
- Income (IRS master file)
- $242,749
Revocation and reinstatement
- Exemption revoked
- May 15, 2014
- Posted by the IRS
- August 11, 2014
- Reinstated
- Effective May 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $242,749 | $266,700 | $7,845 | IRS |
| 990 | December 2023 | $250,621 | $235,722 | $31,796 | XML |
| 990 | December 2022 | $236,098 | $235,328 | $16,897 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4194939).
Questions about FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC
- What is the EIN of FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC?
- The employer identification number (EIN) of FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC is 27-4194939.
- Is FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2014 and reinstated it effective May 15, 2014.
- Are donations to FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC?
- The 990 for the year ended December 31, 2024 names JOSEPH PAOLUCCI.
- Who are the officers and directors of FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $36,000 (JOSEPH PAOLUCCI, COMMISIONER).
- How much revenue does FUTURES COLLEGIATE BASEBALL LEAGUE OF NEW ENGLAND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $242,749, expenses of $266,700 and total assets of $7,845 at year end.
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