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Nonprofiteer
← MAJOR LEAGUE BASEBALL PLAYERS TR

Form 990 for tax year 2023

Filed by MAJOR LEAGUE BASEBALL PLAYERS TR.

Totals

Total revenue
$1,850,429
Total expenses
$1,784,534
Contributions and grants received
$1,692,881
Grants paid
$1,014,364
Program service revenue
$0
Investment income
$198,790
Other revenue
-$41,242
Total assets, end of year
$5,292,548
Total liabilities, end of year
$391,964
Net assets or fund balances, end of year
$4,900,584
Program services expenses (Part IX)
$1,494,411
Management and general expenses
$185,079
Fundraising expenses
$105,044
Program service expenses (Part III)
$1,494,411

Program services were 83.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $188,913

  • 1f · All other contributions, gifts and grants

    $1,503,968

  • 3 · Investment income

    total $198,790 · related or exempt $198,790

  • 8a · Fundraising events: gross income

    $222,408

  • 8a · Fundraising events: contributions included on line 1c

    $188,913

  • 8b · Fundraising events: direct expenses

    $263,650

  • 8c · Net income from fundraising events

    total -$41,242 · excluded -$41,242

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $964,364 · program services $964,364

  • 2 · Grants to domestic individuals

    total $50,000 · program services $50,000

  • 5 · Compensation of officers, directors and key employees

    total $280,497 · program services $168,585 · management and general $61,643 · fundraising $50,269

  • 7 · Other salaries and wages

    total $192,462 · program services $132,357 · management and general $25,535 · fundraising $34,570

  • 8 · Pension plan contributions

    total $14,434 · program services $9,220 · management and general $2,733 · fundraising $2,481

  • 9 · Other employee benefits

    total $20,933 · program services $14,900 · management and general $2,611 · fundraising $3,422

  • 10 · Payroll taxes

    total $31,459 · program services $21,008 · management and general $5,610 · fundraising $4,841

  • 11b · Fees: legal

    total $47,527 · program services $11,744 · management and general $35,783

  • 11c · Fees: accounting

    total $17,180 · management and general $17,180

  • 11f · Fees: investment management

    total $5,780 · management and general $5,780

  • 11g · Fees: other

    total $275 · management and general $275

  • 13 · Office expenses

    total $103,112 · program services $68,006 · management and general $27,421 · fundraising $7,685

  • 17 · Travel

    total $56,511 · program services $54,227 · management and general $508 · fundraising $1,776

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,583,391 · end of year $5,279,398

  • 3 · Pledges and grants receivable

    beginning of year $1,528,000 · end of year $5,604

  • 15 · Other assets

    beginning of year $81,630 · end of year $7,546

  • 17 · Accounts payable and accrued expenses

    beginning of year $96,202 · end of year $121,964

  • 18 · Grants payable

    beginning of year $262,130 · end of year $270,000

  • 27 · Net assets without donor restrictions

    beginning of year $4,809,689 · end of year $4,875,584

  • 28 · Net assets with donor restrictions

    beginning of year $25,000 · end of year $25,000

Mission and programs · 2023

Mission

THE MAJOR LEAGUE BASEBALL PLAYERS TRUST HARNESSES THE EXPERTISE, INFLUENCE, AND ENERGY OF PLAYERS TO CREATE MEANINGFUL AND SUSTAINABLE CHANGE IN THE LIFELONG WELL-BEING OF OTHERS. THIS IS ACHIEVED THROUGH A SERIES OF PROGRAMS THAT ARE RUN AND FUNDED BY THE MLB PLAYERS TRUST. THE TRUST RECEIVES CONTRIBUTIONS FROM THE GENERAL PUBLIC.

  • DESIGN AND IMPLEMENTATION OF SPORTS -BASED YOUTH DEVELOPMENT PROGRAMS OFFERED TO STUDENTS.SUPPORT OF VARIOUS CHARITABLE ORGANIZATIONS IDENTIFIED BY PLAYERS. SCHOLARSHIP PROGRAM FOR GRADUATE LEVEL STUDENTS PURSUING A CAREER IN THE LABOR MOVEMENT. THE CHARITABLE ORGANIZATIONS ARE LISTED IN SCHEDULE I.

    Expenses $1,494,411 · Grants $1,014,364

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Anthony Clark

    TRUSTEE

    Total calculated
    $4,308,371
    From this org
    $0
    From related orgs
    $4,250,000
    Other
    $58,371
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $3,250,000 related
    Bonus
    $0 + $1,000,000 related
    Other
    $0
    Deferred
    $0 + $24,750 related
    Nontaxable benefits
    $0 + $33,621 related
    Filer's total
    $0 + $4,308,371 related
  • Marcus Semien

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Francisco Lindor

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Chris Capuano

    TRUSTEE

    Total calculated
    $490,996
    From this org
    $0
    From related orgs
    $432,625
    Other
    $58,371
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $417,625 related
    Bonus
    $0 + $15,000 related
    Other
    $0
    Deferred
    $0 + $24,750 related
    Nontaxable benefits
    $0 + $33,621 related
    Filer's total
    $0 + $490,996 related
  • Javier Vazquez

    TRUSTEE

    Total calculated
    $176,166
    From this org
    $0
    From related orgs
    $133,825
    Other
    $42,341
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $133,825 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $10,037 related
    Nontaxable benefits
    $0 + $32,304 related
    Filer's total
    $0 + $176,166 related
  • Xavier James

    TRUSTEE

    Total calculated
    $724,584
    From this org
    $0
    From related orgs
    $666,952
    Other
    $57,632
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $636,636 related
    Bonus
    $0 + $30,316 related
    Other
    $0
    Deferred
    $0 + $24,750 related
    Nontaxable benefits
    $0 + $32,882 related
    Filer's total
    $0 + $724,584 related
  • Tatia Mays Russell

    TREASURER

    Total calculated
    $415,649
    From this org
    $0
    From related orgs
    $356,666
    Other
    $58,983
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $345,666 related
    Bonus
    $0 + $11,000 related
    Other
    $0
    Deferred
    $0 + $24,750 related
    Nontaxable benefits
    $0 + $34,233 related
    Filer's total
    $0 + $415,649 related
  • Hiram Arnaud

    SECRETARY

    Total calculated
    $377,024
    From this org
    $0
    From related orgs
    $319,000
    Other
    $58,024
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $285,000 related
    Bonus
    $0 + $34,000 related
    Other
    $0
    Deferred
    $0 + $23,925 related
    Nontaxable benefits
    $0 + $34,099 related
    Filer's total
    $0 + $377,024 related
  • Amy Hever

    DIRECTOR

    Total calculated
    $280,497
    From this org
    $0
    From related orgs
    $229,456
    Other
    $51,041
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $221,400 related
    Bonus
    $0 + $8,056 related
    Other
    $0
    Deferred
    $0 + $17,209 related
    Nontaxable benefits
    $0 + $33,832 related
    Filer's total
    $0 + $280,497 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J PART II
THE INDIVIDUALS SERVING AS TRUSTEES, TREASURER AND SECRETARY RECEIVE NO COMPENSATION FROM THE MAJOR LEAGUE BASEBALL PLAYERS TRUST AND DONATE THEIR TIME AND SERVICES TO THE TRUST.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • MLB PLAYERS INC

    C · MANAGE GROUP LICENSING · DE

    Directly controlled by MAJOR LEAGUE BASEBALL PLAYERS ASSOCIATION

  • MLBPA BLOCKER 1 INC

    C · INVESTING · DE

    Directly controlled by MAJOR LEAGUE BASEBALL PLAYERS ASSOCIATION

Provenance

Return type
form_990
Tax year
2023
Filed
27 September 2024
IRS schema version
2023v5.1
Source object
202442749349300874

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.