Overview
What is Atlanta Tip Off Club Inc?
Atlanta Tip Off Club Inc, a nonprofit organization situated in Atlanta, Georgia, is renowned for its role in recognizing exceptional individuals in the realm of basketball. Based at 250 Marietta Street NW, the club administers the Naismith Awards, honoring distinguished players, coaches, referees, and administrators who have demonstrated outstanding basketball skills and contributions. The selection process involves separate voting academies, with the Player of the Year winner being celebrated during the NCAA Final Four, while coaches are honored either at the Final Four or on their college campuses. The club's mission is to foster and amplify the passion, tradition, and heritage of amateur basketball, and to honor those who have excelled and positively influenced the sport both locally and nationally.
Official website here: www.naismithawards.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
The Atlanta Tip Off Club Inc has received a Zero-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 44%, the organization excels in some governance areas, such as having a majority of independent board members and providing documented meeting minutes. However, it falls short in several critical aspects, including the absence of essential policies like conflict of interest, whistleblower, and document retention.
The financial metrics reveal further weaknesses, including a low program expense ratio of 45.19% and an alarming liabilities to assets ratio of 11.56%. These figures suggest that a considerable portion of the organization's resources may not be directed towards its mission-related programs. The missing tax form on the nonprofit's website could limit transparency and accessibility for potential donors or stakeholders looking for financial accountability.
Overall, while the Atlanta Tip Off Club Inc demonstrates some structural strengths through its independent governance, the lack of key policies and poor financial ratios raise red flags regarding its operational integrity and effectiveness in fulfilling its charitable mission.
This AI summary has been generated from information found on Charity Navigator.
Is Atlanta Tip Off Club Inc legitimate?
Atlanta Tip Off Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlanta Tip Off Club 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: $253,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,329
For more financial information, click here
Official website here: www.naismithawards.com
What is the mission statement of Atlanta Tip Off Club Inc?
The Atlanta Tip Off Club Inc's mission is centered around promoting and expanding the passion, tradition, and heritage of amateur basketball. They aim to honor individuals who have excelled and positively impacted the game, both locally and nationally. The club administers the Naismith Awards and annually recognizes the top national players, coaches, officials, and administrators for their basketball excellence. Winners are determined through separate voting academies, with the Player of the Year being recognized during the NCAA Final Four, while coaches are celebrated either at the NCAA Final Four or on their college campuses.
Official website here: www.naismithawards.com
Who is the CEO of Atlanta Tip Off Club Inc?
Eric Oberman is the Chairman of Atlanta Tip Off Club Inc.
Official website here: www.naismithawards.com
What is the revenue of Atlanta Tip Off Club Inc?
Atlanta Tip Off Club Inc's revenue in 2022 was $729,986.
Official website here: www.naismithawards.com
Who are the executives of Atlanta Tip Off Club Inc and what are their salaries?
Here are 26 key members and their salaries:
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Official website here: www.naismithawards.com
Where can I find the form 990 for Atlanta Tip Off Club Inc?
Atlanta Tip Off Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.naismithawards.com
Learn more at the official website: www.naismithawards.com
Mission Statement of Atlanta Tip Off Club Inc
Atlanta Tip Off Club Inc is dedicated to fostering and amplifying the passion, tradition, and heritage of amateur basketball. Their mission is to honor individuals who have excelled in the sport and made a positive impact, both locally and nationally. The club achieves this goal by administering the Naismith Awards, an annual event that recognizes outstanding players, coaches, officials, and administrators in basketball excellence. Winners are selected through distinct voting academies, with the Player of the Year being celebrated during the NCAA Final Four, while coaches receive their awards at the NCAA Final Four or on their college campuses.
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Impact
October, 2024
Atlanta Tip Off Club Inc plays a vital role in elevating the sport of amateur basketball by fostering a deep passion for the game and honoring those who have made significant contributions to its growth and integrity. Through the administration of the Naismith Awards, the organization recognizes and celebrates the achievements of outstanding players, coaches, officials, and administrators at both local and national levels.
The annual recognition of Player of the Year winners during the NCAA Final Four not only highlights individual excellence but also inspires aspiring athletes across the nation. Similarly, the honors bestowed upon coaches—whether at the Final Four or on their campuses—serve to acknowledge and promote the critical role of leadership in the sport.
By promoting the tradition and heritage of basketball, Atlanta Tip Off Club Inc not only enriches the local basketball community in Atlanta but also contributes to the national narrative of the sport, ensuring that achievements and positive impacts are celebrated and remembered. Their efforts help cultivate a dynamic environment for future generations of players and fans, fostering a lasting appreciation for amateur basketball.
This information is meant to be a general summary of Atlanta Tip Off Club 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,239
- Program Service Revenue: $69,550
- Gross Receipts: $782,749
Assets and Liabilities:
- Total Assets: $1,006,848
- Total Liabilities: $116,413
- Net Assets: $890,435
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$69,550
Organization Details
Founding Year
1956
Phone
(404) 242-7392Principal Officer
Eric Oberman
Main Address
250 MARIETTA ST NW, ATLANTA, GA, 30313
Website
www.naismithawards.comNTEE Category
Code: N62Z - Recreation
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