Overview
What is Usa Basketball?
USA Basketball is a Colorado Springs, CO-based nonprofit organization dedicated to fostering a thriving basketball community across the United States. By offering support to players, parents, and programs, they contribute to the growth and enhancement of the game. USA Basketball's mission extends beyond competition, inspiring young people to realize their potential both on and off the court. As a beacon for qualified, credible, and dedicated coaches and administrators, the organization plays a vital role in nurturing the future of basketball in the US.
Official website here: www.usabasketball.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star rating
Usa Basketball has achieved an impressive Four-Star rating from Charity Navigator, reflecting a perfect score of 100% in Accountability & Finance. This rating signifies that the organization operates with a high level of transparency and effective financial management, which is crucial for building trust with donors and stakeholders.
The organization demonstrates strong governance, with 93% of its board members being independent, and it has policies in place that address conflicts of interest and whistleblower protections. Additionally, Usa Basketball has shown excellent fiscal responsibility, with a program expense ratio of nearly 89%, indicating that the majority of its resources are directed towards its programs rather than administrative costs.
While the financial metrics are outstanding, the focus on accountability does not provide insights into the impact or effectiveness of its programs. However, the overall financial health and governance practices suggest that Usa Basketball is well-managed and capable of sustaining its operations effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Usa Basketball legitimate?
Usa Basketball is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usa Basketball 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: $2,627,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,434,700
For more financial information, click here
Official website here: www.usabasketball.com
What is the mission statement of Usa Basketball?
USA Basketball is a non-profit organization dedicated to fostering an inclusive community of qualified, credible, and dedicated coaches and administrators. Their mission is to develop and lead this community, working towards the growth and improvement of basketball in the United States. USA Basketball supports various aspects of the game and inspires young people to reach their potential both on and off the court. Despite the organization's commitment to expanding opportunities within basketball, the continuation of their mission is outlined in Schedule O.
Official website here: www.usabasketball.com
Who is the CEO of Usa Basketball?
James Tooley is the CEO of Usa Basketball The CEO's salary of Usa Basketball is $472,820 and their total compensation is $541,694.
Official website here: www.usabasketball.com
What is the revenue of Usa Basketball?
Usa Basketball's revenue in 2023 was $18,916,002.
Official website here: www.usabasketball.com
Who are the executives of Usa Basketball and what are their salaries?
The average compensation at Usa Basketball during 2023 was $94,480. There are 43 employees and 857 volunteers at Usa Basketball.
Here are 24 key members and their salaries (Usa Basketball's CEO's salary is $472,820 and their total compensation is $541,694):
- Compensation: $472,820
- Related: $0
- Other: $68,874
- Compensation: $325,926
- Related: $0
- Other: $78,268
- Compensation: $315,928
- Related: $0
- Other: $73,730
- Compensation: $218,286
- Related: $0
- Other: $38,591
- Compensation: $183,380
- Related: $0
- Other: $35,570
- Compensation: $183,250
- Related: $0
- Other: $32,000
- Compensation: $170,125
- Related: $0
- Other: $31,729
- Compensation: $167,773
- Related: $0
- Other: $10,911
- Compensation: $101,350
- Related: $0
- Other: $27,394
- Compensation: $19,939
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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Official website here: www.usabasketball.com
Where can I find the form 990 for Usa Basketball?
Usa Basketball's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.usabasketball.com
Learn more at the official website: www.usabasketball.com
Mission Statement of Usa Basketball
USA Basketball, a prominent non-profit organization, is dedicated to fostering a thriving and inclusive basketball community in the United States. By supporting qualified, credible, and dedicated coaches and administrators, this esteemed organization strives to elevate the game and inspire young people to reach their full potential, both on and off the court.
USA Basketball's mission extends beyond the mere promotion of the sport. It aspires to create a network of individuals who are committed to the growth and improvement of basketball in the United States. These individuals, equipped with the necessary skills and resources, contribute significantly to the development of players, parents, and programs across the country.
Moreover, USA Basketball plays a pivotal role in inspiring and motivating the youth to excel in their basketball journey. Through its unwavering commitment to the game, the organization provides a platform for individuals to showcase their talents, hone their skills, and build a strong foundation for their future endeavors. This inclusive community of basketball enthusiasts, driven by a shared passion for the sport, fuels the growth and progression of basketball in the United States.
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Impact
October, 2024
USA Basketball plays a vital role in shaping the landscape of basketball across the United States. By developing an inclusive basketball community, it ensures that qualified and dedicated coaches and administrators are equipped to foster talent and promote the sport.
The organization provides invaluable support to players, parents, and programs, which helps elevate the overall quality and accessibility of basketball. Through various initiatives, USA Basketball inspires young athletes to strive for their potential, both on and off the court, reinforcing the sport's capacity to instill important life skills such as teamwork, discipline, and perseverance.
Located in Colorado Springs, USA Basketball not only focuses on grassroots development but also creates pathways for talent identification at the national level, ensuring that the United States maintains its competitive edge in the international basketball arena. By emphasizing inclusivity, it encourages participation from diverse backgrounds, ultimately enriching the game and creating a vibrant basketball culture across the nation.
This information is meant to be a general summary of Usa 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $541,395
- Program Service Revenue: $13,480,875
- Gross Receipts: $20,618,142
Assets and Liabilities:
- Total Assets: $41,446,109
- Total Liabilities: $5,820,766
- Net Assets: $35,625,343
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LICENSING-NATIONALS
Revenue
$7,035,662
LICENSING YOUTH
Revenue
$3,669,277
JUNIOR NATIONAL TEAMS
Revenue
$1,595,749
COMPETITION INCOME
Revenue
$688,928
SANCTIONS & LETTERS
Revenue
$187,244
Organization Details
Founding Year
1987
Principal Officer
James Tooley
Website
www.usabasketball.comNTEE Category
Code: N620 - Recreation
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