Recreation & Sports (N60Z) IRS Verified DX Registered 990 on File

MALDEN NEIGHBORHOOD BASKETBALL LEAGUE INC

EIN: 04-2935296 · MALDEN, MA 02148-4243 · United States · FY 2024 Data

3 out of 5 52 / 100 Based on 2+ years of filings

Financial strength (30%) 75/100

Reliability (20%) 55/100

Effectiveness (25%) 73/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

The MNBL provides an organized program for 1oth, 11th & 12th graders from Malden that do not play for their high school basketball teams. Please see the attached grant proposal letter for a greater detailed description of the league.

Financial Overview — FY 2024

$28K

Total Revenue

$21K

Total Expenses

$45K

Net Assets

N/A

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 79.4%

Fundraising Efficiency 78.4%

Operating Reserve 25.43x

Liability-to-Asset 0.0%

Revenue Diversification 83.7%

Compared with Peers

FY 2024

Compared with 9,148 similar organizations (United States, Recreation & Sports, under $100K in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	79.4%	92.4%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	78.4%	39.7%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	25.4 mo	9.6 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	83.7%	85.1%	P10P90	Above median
Revenue growth Year over year revenue growth	-15.9%	0.9%	P10P90
Expense growth Year over year expense growth	-18.4%	0.8%	P10P90
Surplus margin Surplus as a share of revenue	24.1%	8.8%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$28K	$21K	$45K	79.4%	—
2023	$33K	$26K	$38K	49.7%	—
2022	$25K	$28K	$31K	0.0%	—
2021	$6K	$3K	N/A	—	1

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Organization Details

EIN: 04-2935296
State: MA
City: MALDEN
ZIP: 02148-4243
Classification: N60Z
Category: Recreation & Sports
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1987
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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