Overview
What is White Bear Lake Basketball Association?
The White Bear Lake Basketball Association is a nonprofit organization situated in White Bear Lake, Minnesota, specifically at 1955 Ivy Lane. Their primary objective is to foster and enhance youth basketball through various leagues and tournaments. By doing so, they aim to contribute positively to their local community. The association, with a team of just one dedicated individual, works tirelessly to promote and develop engaging basketball programs for children and young adults, thereby fostering a sense of unity and camaraderie within their community.
Official website here: www.whitebearbasletball.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The White Bear Lake Basketball Association has received a Three-Star rating from Charity Navigator, reflecting a solid performance in organizational accountability and finance. The association boasts a strong independent board, with 92% of its members being independent, and it has a favorable liabilities to assets ratio of 0.00%. Additionally, a high program expense ratio of 97.60% indicates that a significant portion of its resources is directed towards programmatic activities.
However, the organization does have notable areas for improvement. It lacks key policies such as a conflict of interest policy, whistleblower policy, and document retention policy, each receiving a score of zero. Furthermore, the absence of the tax form on the nonprofit's website detracts from its transparency efforts. Addressing these gaps could enhance the organization's accountability and overall rating.
Overall, while the White Bear Lake Basketball Association demonstrates strong financial health and a commitment to its programs, strengthening its governance policies would be beneficial for fostering greater trust and transparency with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is White Bear Lake Basketball Association legitimate?
White Bear Lake Basketball Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. White Bear Lake Basketball Association 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: $2,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.whitebearbasletball.com
What is the mission statement of White Bear Lake Basketball Association?
The White Bear Lake Basketball Association, in its mission, works towards promoting and developing youth basketball programs. By doing so, the association aims to enhance the community as a whole. This is achieved through the establishment of boys' and girls' leagues and tournaments, thereby fostering a love for basketball among the youth. The association's activities are geared towards strengthening the community and providing a platform for young individuals to hone their skills in basketball.
Official website here: www.whitebearbasletball.com
What is the revenue of White Bear Lake Basketball Association?
White Bear Lake Basketball Association's revenue in 2023 was $119,190.
Official website here: www.whitebearbasletball.com
Who are the executives of White Bear Lake Basketball Association and what are their salaries?
The average compensation at White Bear Lake Basketball Association during 2023 was $2,500. There is 1 employee and 325 volunteers at White Bear Lake Basketball Association.
Here are 13 key members and their salaries:
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Official website here: www.whitebearbasletball.com
Where can I find the form 990 for White Bear Lake Basketball Association?
White Bear Lake Basketball Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.whitebearbasletball.com
Learn more at the official website: www.whitebearbasletball.com
Mission Statement of White Bear Lake Basketball Association
The White Bear Lake Basketball Association is dedicated to promoting and fostering youth basketball programs as a means to enhance the community. Their mission is multifaceted, encompassing the organization of boys' and girls' leagues and tournaments to develop basketball skills and teamwork among the young participants. By investing in these initiatives, the association aims to contribute positively to the community, fostering a sense of camaraderie and shared values among its members.
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Impact
October, 2024
The White Bear Lake Basketball Association has a significant impact on the local community by promoting and developing youth basketball programs. By organizing boys’ and girls’ leagues and tournaments, it fosters teamwork, discipline, and physical fitness among young athletes. This involvement not only enhances the skills of the players but also instills a sense of community pride and belonging.
Through its various initiatives, the association strengthens community ties by bringing families and neighbors together, creating an environment where social connections thrive. Additionally, participation in basketball can lead to improved academic performance and personal development, showcasing the holistic benefits that the association provides. Overall, the White Bear Lake Basketball Association plays a crucial role in nurturing youth and contributing positively to the fabric of the community.
This information is meant to be a general summary of White Bear Lake Basketball Association. 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: $6
- Program Service Revenue: $153,803
- Gross Receipts: $281,316
Assets and Liabilities:
- Total Assets: $209,206
- Total Liabilities: $365
- Net Assets: $208,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$71,003
TOURNAMENT INCOME
Revenue
$82,800
Organization Details
Founding Year
2000
Principal Officer
Steve Anderson
Website
www.whitebearbasletball.comNTEE Category
Code: P20 - Human services
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