Overview
What is Gil Basketball Academy?
Gil Basketball Academy is a nonprofit organization situated in Salinas, California, with a single employee. Their primary mission is to empower young individuals through basketball, focusing on enhancing their athletic skills, leadership, work ethic, worldview, and fostering a strong commitment to the community. To achieve this, they conduct basketball clinics and take the participants to different counties, allowing them to explore schools and participate in basketball tournaments. This experience not only enhances their basketball skills but also broadens their horizons and fosters a sense of teamwork and competition.
Official website here: www.gilbasketballacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars
Gil Basketball Academy has received a Zero-Star out of Four Star rating, reflecting significant concerns regarding its accountability and financial practices. With an overall score of only 25%, the organization struggles particularly in areas such as board independence and financial transparency. The lack of independent board members, inadequate financial statements, and missing essential policies, such as conflict of interest and whistleblower policies, highlight potential governance issues.
Despite some positive aspects, such as a low material diversion of assets score, the financial health of the organization raises red flags. The liabilities to assets ratio stands at 100%, indicating that the organization may be facing financial instability. With only 55.23% of expenses allocated to programs, it suggests that a considerable portion of resources may not be effectively directed towards mission-related activities.
Overall, while Gil Basketball Academy is operational and provides some community benefit, the low rating indicates considerable room for improvement in governance, financial management, and accountability practices. Prospective donors and supporters should consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Gil Basketball Academy legitimate?
Gil Basketball Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gil Basketball Academy 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gilbasketballacademy.com
What is the mission statement of Gil Basketball Academy?
The Gil Basketball Academy's mission is centered around empowering youth. Through its activities, the academy aims to enhance the athletic skills, leadership qualities, work ethic, and broaden the world view of the young participants. Additionally, the academy strives to strengthen their commitment to the community. This is accomplished by conducting basketball clinics and organizing trips for the children to visit other counties, allowing them to explore schools and participate in basketball tournaments, thereby fostering a sense of competition and learning beyond the court.
Official website here: www.gilbasketballacademy.com
What is the revenue of Gil Basketball Academy?
Gil Basketball Academy's revenue in 2024 was $1,012,165.
Official website here: www.gilbasketballacademy.com
Who are the executives of Gil Basketball Academy and what are their salaries?
The average compensation at Gil Basketball Academy during 2024 was $27,083. There 42 volunteers at Gil Basketball Academy.
Here are 7 key members and their salaries:
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Official website here: www.gilbasketballacademy.com
Where can I find the form 990 for Gil Basketball Academy?
Gil Basketball Academy's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.gilbasketballacademy.com
Learn more at the official website: www.gilbasketballacademy.com
Mission Statement of Gil Basketball Academy
Gil Basketball Academy, in its mission, aims to empower youth by fostering their athletic abilities, leadership qualities, work ethic, global perspective, and reinforcing their dedication towards their community. Through their initiatives, they strive to develop well-rounded individuals who can contribute positively to society. One of the ways they accomplish this is by conducting basketball clinics, providing an avenue for youth to enhance their skills and teamwork. Beyond honing their basketball skills, these clinics also serve as a platform for exposure, as they take the participants to another county. This excursion offers the opportunity for the youth to visit local schools and participate in a basketball tournament, broadening their horizons and fostering a sense of camaraderie. By engaging in these activities, Gil Basketball Academy is not just teaching basketball, but also instilling values of resilience, community engagement, and a broader worldview in the youth they serve.
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Impact
July, 2024
Gil Basketball Academy's impact lies in its ability to empower youth through the development of their athletic skills, leadership qualities, work ethic, and global perspective. By providing basketball clinics to kids and organizing trips to other countries where they can experience different cultures and compete in tournaments, GBA is shaping the next generation of leaders. Through these experiences, the organization is not only fostering a love for the sport but also instilling values of community commitment and a broader worldview. This holistic approach to youth development sets GBA apart and ensures a lasting impact on the lives of the participants.
This information is meant to be a general summary of Gil Basketball Academy. 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 2024.
- Investment Income: $2
- Gross Receipts: $1,012,165
Assets and Liabilities:
- Total Assets: $27,867
- Total Liabilities: $27,867
- Net Assets: $0
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Organization Details
Founding Year
2009
Principal Officer
Jose Gil
Website
www.gilbasketballacademy.comNTEE Category
Code: N62 - Recreation
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