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Wells Prep Basketball

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

EIN: 263448855 ✦ Tigard, OR ✦ Designated as a 501(c)(3)

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Overview

What is Wells Prep Basketball?

Wells Prep Basketball is a local nonprofit organization that provides organized basketball activities for approximately 200 children, helping them prepare for high school basketball. The initiative temporarily halted operations in 2021 due to the COVID-19 pandemic. However, it resumed its activities in 2022, offering a more competitive basketball environment for around 100 children. Wells Prep supports middle school coaches and individuals who conduct basketball clinics, thereby fostering a vibrant basketball culture within the neighborhood.


Official website here: www.wellsprep.com

Is Wells Prep Basketball legitimate?

Wells Prep Basketball is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wells Prep Basketball submitted a form 990EZ, 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.


Official website here: www.wellsprep.com

What is the mission statement of Wells Prep Basketball?

Wells Prep Basketball, a program that encourages local youth, has a mission to prepare children for high school basketball. Despite a temporary halt due to the COVID-19 pandemic in 2021, the program resumed operations in 2022, providing a competitive environment for around 100 kids. The program supports middle school coaches and individuals conducting basketball clinics, aiming to offer organized basketball activities for the neighborhood children. The primary objective of Wells Prep Basketball is to foster the love for basketball and help young athletes hone their skills.


Official website here: www.wellsprep.com

Who is the CEO of Wells Prep Basketball?

Steve Lommen is the President of Wells Prep Basketball.


Official website here: www.wellsprep.com

What is the revenue of Wells Prep Basketball?

Wells Prep Basketball's revenue in 2023 was $53,200.


Official website here: www.wellsprep.com

Who are the executives of Wells Prep Basketball and what are their salaries?


Here are 3 key members and their salaries:


Steve Lommen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Rubin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Devlin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wellsprep.com

Where can I find the form 990EZ for Wells Prep Basketball?

Wells Prep Basketball's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.wellsprep.com

Learn more at the official website: www.wellsprep.com

Mission Statement of Wells Prep Basketball

Wells Prep Basketball, a nonprofit organization, aims to provide a platform for approximately 200 local children to engage in basketball activities, preparing them for high school-level competitions. Unfortunately, due to the Covid-19 pandemic, the organization had to suspend its operations in 2021. However, with the easing of restrictions, Wells Prep Basketball restarted its activities in 2022, continuing to offer a competitive basketball environment for around 100 children. The organization also extends its support to middle school coaches and individuals running basketball clinics, ensuring that organized basketball remains accessible for neighborhood kids.

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Impact




August, 2024

Wells Prep Basketball has had a significant impact on the youth in Tigard, Oregon, by providing approximately 200 kids with the opportunity to play basketball close to home and prepare for high school basketball. Despite a hiatus in 2021 due to the COVID-19 pandemic, Wells Prep resumed its operations in 2022, serving around 100 kids in a competitive environment. Additionally, the organization has supported middle school coaches and individuals who run basketball clinics, further contributing to the local basketball community. By offering organized basketball programs for neighborhood kids, Wells Prep Basketball plays a crucial role in fostering sportsmanship, skill development, and community engagement among the youth in Tigard.




This information is meant to be a general summary of Wells Prep Basketball. 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
$53,200 (2023)
Expenses
$54,251 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $53,200
  • Gross Receipts: $53,200

Assets and Liabilities:

  • Total Assets: $13,344
  • Total Liabilities: $0
  • Net Assets: $13,344

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Organization Details

Principal Officer

Steve Lommen

Main Address

14945 SW Sequioa Parkway, Tigard, OR, 97223

NTEE Category

Code: N62 - Recreation

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