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Colorado Titans Basketball Club

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

EIN: 264364084 ✦ Erie, CO ✦ Designated as a 501(c)(3)

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Overview

What is Colorado Titans Basketball Club?

The Colorado Titans Basketball Club, a 17-year-old nonprofit organization based in Erie, Colorado, offers a basketball program for young individuals aged 11 to 18. With a focus on player development, they conduct tryouts to place players on teams that match their skill level, ensuring an environment that fosters growth. The club participates in local games and tournaments, with some of the more talented teams traveling to high-profile tournaments for college recruitment exposure. The primary goal of the Colorado Titans is to provide a platform for learning the game of basketball and personal growth through the guidance of their outstanding coaching staff. Annually, over 60% of their high school seniors commit to playing basketball at the next level.


Official website here: www.coloradotitans.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 62% (Two-Star out of Four Star rating)

The Colorado Titans Basketball Club has received a Two-Star rating from Charity Navigator, indicating a need for improvement in several areas of accountability and finance. The overall rating reflects a score of 62%, which suggests that while the organization meets basic standards, there are significant weaknesses in its governance structure and financial transparency.

Strengths of the organization include a high score for its program expense ratio, which indicates that a substantial portion of its funds is directed toward its core activities. Additionally, the organization has established policies like a conflict of interest policy and a whistleblower policy, both of which score highly, showing a commitment to ethical governance. However, the lack of independent board members and inadequate financial statement availability raise concerns about its overall governance and transparency practices.

Limitations include a poor performance in areas such as independent board size and financial statements, with zero points earned in these categories. The organization also failed to meet expectations for document retention and transparency, with its tax forms not posted on its website. These shortcomings suggest that the Colorado Titans Basketball Club has room for improvement to enhance its accountability and public trust.


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

Is Colorado Titans Basketball Club legitimate?

Colorado Titans Basketball Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Titans Basketball Club 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: $56,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.coloradotitans.com

What is the mission statement of Colorado Titans Basketball Club?

The Colorado Titans Basketball Club aims to offer young individuals an opportunity to learn and excel in the sport of basketball. By providing competitive team participation, the club fosters the growth and development of players, ensuring they are placed on teams suitable to their skill level for optimal learning. The Colorado Titans participate in local league games and tournaments, with talented teams occasionally traveling to high-profile tournaments attended by college recruiters, providing seniors a chance to showcase their skills and talents. The primary objective of the program is to create an environment where players can learn basketball and mature under the guidance of an exceptional coaching staff. Notably, over 60% of the club's high school seniors commit to playing basketball at the next level annually.


Official website here: www.coloradotitans.com

Who is the CEO of Colorado Titans Basketball Club?

Rick Jimenez is the Chair/Treasu of Colorado Titans Basketball Club.


Official website here: www.coloradotitans.com

What is the revenue of Colorado Titans Basketball Club?

Colorado Titans Basketball Club's revenue in 2022 was $884,679.


Official website here: www.coloradotitans.com

Who are the executives of Colorado Titans Basketball Club and what are their salaries?

There 6 volunteers at Colorado Titans Basketball Club.


Here are 4 key members and their salaries:


Rick Jimenez (Chair/Treasu)
  • Compensation: $34,500
  • Related: $0
  • Other: $0
Rich Crist (Vice Chair)
  • Compensation: $22,000
  • Related: $0
  • Other: $0
Mike Mcqueeney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Wrapp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.coloradotitans.com

Where can I find the form 990 for Colorado Titans Basketball Club?

Colorado Titans Basketball Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.coloradotitans.com

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

Mission Statement of Colorado Titans Basketball Club

The Colorado Titans Basketball Club, a non-profit organization, is committed to providing young individuals the opportunity to learn and excel in the sport of basketball. Their mission is centered around offering competitive basketball team participation to children and adolescents between the ages of 11 and 18. The club recognizes the importance of placing each player on a team that suits their skill level for optimal growth and development. Consequently, tryouts are mandatory for all participants to ensure appropriate team placements.

The Colorado Titans Basketball Club's teams participate in weekly local games and tournaments, providing ample opportunities for players to hone their skills. Moreover, more skilled and talented teams are given the chance to travel to high-profile tournaments, where they can showcase their abilities to college recruiting coaches. This exposure is instrumental for senior players in securing opportunities to continue playing at higher levels. The primary objective of the Colorado Titans program is to create an environment that fosters basketball learning and personal growth for all players, under the guidance of an outstanding coaching staff. The club takes pride in the fact that over 60% of its high school senior players commit to playing basketball at the next level every year.

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Impact




October, 2024

The Colorado Titans Basketball Club offers young athletes a transformative experience in the world of basketball, fostering both personal and athletic growth. In its 17 years of existence, the club has successfully engaged over 300 boys and girls, aged 11 to 18, across more than 30 competitive teams. By carefully assessing players through tryouts, the Titans ensure that each athlete is placed on a team that aligns with their skill level, which is crucial for effective development.

Participation in local leagues and tournaments, along with opportunities for older teams to compete in high-profile national events, provides players with essential exposure. This is especially valuable for high school seniors, as it allows them to connect with college coaches and showcase their talents, resulting in over 60% of seniors committing to play at the next level annually.

Beyond skill enhancement, the Titans emphasize the importance of personal growth, leadership, and teamwork, supported by a dedicated coaching staff. This holistic approach not only cultivates basketball skills but also prepares young people for future challenges, empowering them to thrive both on and off the court.




This information is meant to be a general summary of Colorado Titans Basketball Club. 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
$884,679 (2022)
Expenses
$918,917 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $851,441
  • Gross Receipts: $884,679

Assets and Liabilities:

  • Total Assets: $86,316
  • Total Liabilities: $0
  • Net Assets: $86,316

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PLAYER FEES

Revenue

$851,441

Organization Details

Principal Officer

Rick Jimenez

Main Address

67 RED OAK COURT, ERIE, CO, 80516

NTEE Category

Code: N62 - Recreation

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