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Filipino-American Basketball Of Metropolitan Dc Inc

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

EIN: 020551088 ✦ Oakton, VA ✦ Designated as a 501(c)(3)

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Overview

What is Filipino-American Basketball Of Metropolitan Dc Inc?

Filipino-American Basketball of Metropolitan D.C. Inc. is a nonprofit organization that specializes in hosting basketball-related events and providing training for both fundraising purposes and the benefit of local youth. Their mission involves organizing games to raise funds for disadvantaged children and to engage the younger population in basketball activities. By participating in these events, the organization aims to foster a sense of camaraderie and promote the sport within the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 14%

Filipino-American Basketball Of Metropolitan DC Inc has received a very low rating of 14%, which translates to a Zero-Star out of Four Star rating. This score is based solely on its Accountability & Finance metrics, indicating significant concerns regarding the organization's governance and financial practices. The absence of independent board members and various missing policies strongly contributes to this low score, reflecting a lack of transparency and accountability.

The organization does note a positive in that there has been no material diversion of assets, scoring full points in that category. However, the failure to provide essential documents such as meeting minutes, conflict of interest policies, and even the posting of their tax forms on their website severely undermines their credibility. The program expense ratio also indicates that only a small portion of their budget is allocated to their actual programs, raising questions about their operational effectiveness.

Overall, the data points to significant weaknesses in governance and financial oversight for Filipino-American Basketball Of Metropolitan DC Inc. Potential supporters and stakeholders may want to consider these factors when evaluating the organization's reliability and commitment to transparency in their operations.


This AI summary has been generated from information found on Charity Navigator.

Is Filipino-American Basketball Of Metropolitan Dc Inc legitimate?

Filipino-American Basketball Of Metropolitan Dc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Filipino-American Basketball Of Metropolitan Dc 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

What is the mission statement of Filipino-American Basketball Of Metropolitan Dc Inc?

Filipino-American Basketball Of Metropolitan Dc Inc's mission revolves around hosting basketball events, primarily for fundraising purposes to aid needy children. The organization also focuses on providing basketball opportunities for the local youth, fostering a sense of community and engagement through these games. Their activities encompass both fundraising events and youth basketball training, aiming to promote the sport and support underprivileged children simultaneously.

Who is the CEO of Filipino-American Basketball Of Metropolitan Dc Inc?

Elizabeth Mendoza is the Secretary of Filipino-American Basketball Of Metropolitan Dc Inc.

What is the revenue of Filipino-American Basketball Of Metropolitan Dc Inc?

Filipino-American Basketball Of Metropolitan Dc Inc's revenue in 2021 was $42,035.

Who are the executives of Filipino-American Basketball Of Metropolitan Dc Inc and what are their salaries?


There is 1 key member and their salary:


Elizabeth M (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Filipino-American Basketball Of Metropolitan Dc Inc?

Filipino-American Basketball Of Metropolitan Dc Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Filipino-American Basketball Of Metropolitan Dc Inc

Filipino-American Basketball Of Metropolitan Dc Inc, a nonprofit organization, is dedicated to hosting basketball events and providing training for both fundraising and youth engagement purposes. Their mission is multifaceted, involving the organization of basketball games as a means to raise funds for needy children and provide a recreational outlet for local youth. The organization's activities encompass hosting games for the youth, allowing them to showcase their skills and enjoy the sport they love. The primary focus of Filipino-American Basketball Of Metropolitan Dc Inc is to utilize the power of basketball as a tool for community building and empowerment.

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Impact




August, 2024

Filipino-American Basketball Of Metropolitan Dc Inc has a significant impact on the community through its basketball events and training programs. By hosting basketball games for fundraising events that support needy children, they are able to make a positive difference in the lives of those in need. Additionally, their focus on providing basketball opportunities for youth helps promote physical activity, teamwork, and sportsmanship among young individuals. Overall, the organization's efforts in hosting basketball events and training contribute to the recreation and development of the community in Oakton, VA.




This information is meant to be a general summary of Filipino-American Basketball Of Metropolitan Dc 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
$42,035 (2021)
Expenses
$38,898 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $42,035

Assets and Liabilities:

  • Total Assets: $3,138
  • Total Liabilities: $3,138
  • Net Assets: $0

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Organization Details

Principal Officer

Elizabeth Mendoza

Main Address

9910 CRYANDALL PLACE, OAKTON, VA, 22124

NTEE Category

Code: N62 - Recreation

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