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Premier 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: 460761408 ✦ Littleton, CO ✦ Designated as a 501(c)(3)

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Overview

What is Premier Basketball Club?

Premier Basketball Club is a nonprofit organization based in Littleton, Colorado, with a focus on providing a transformative experience for youth aged 3 to 19 through the game of basketball. Their mission is to instill values such as hard work and accountability in their young participants. Located at 2305 E Arapahoe Rd, the club offers an exceptional personal development opportunity, utilizing basketball as a tool for teaching essential life lessons. With a team of 7 dedicated individuals, the Premier Basketball Club strives to make a positive impact on the lives of its members.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71%, Two-Star out of Four Star rating.

Premier Basketball Club has earned a Two-Star rating, indicating some strengths in its accountability and finance practices, scoring 71%. The organization demonstrates a robust governance structure with an independent board, comprising 83% independent members and effectively managing its liabilities, with a low liabilities to assets ratio of 13.64%. Additionally, Premier Basketball Club shows a strong commitment to its mission, dedicating 97.13% of its expenses to programs.

However, the overall score suggests there may be areas for improvement in transparency or operational effectiveness that are not detailed in the data. While the organization has established essential policies, the Two-Star rating reflects that weaknesses remain which may affect donor confidence. Continued emphasis on enhancing financial practices and operational transparency could help strengthen its standing and effectiveness in the community.


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

Is Premier Basketball Club legitimate?

Premier Basketball Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Premier 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: $93,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $154,919

For more financial information, click here

What is the mission statement of Premier Basketball Club?

Premier Basketball Club's mission is centered around offering an exceptional developmental experience for youth aged 3 to 19, utilizing basketball as a medium. The organization emphasizes the importance of instilling values such as hard work and accountability in its participants. By engaging with the sport, young individuals are encouraged to grow both personally and athletically.

Who is the CEO of Premier Basketball Club?

Greg Bolding is the President of Premier Basketball Club.

What is the revenue of Premier Basketball Club?

Premier Basketball Club's revenue in 2022 was $1,491,350.

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

The average compensation at Premier Basketball Club during 2022 was $35,485. There are 7 employees and 10 volunteers at Premier Basketball Club.


Here are 6 key members and their salaries:


Greg Bolding (President)
  • Compensation: $85,000
  • Related: $0
  • Other: $0
Wendy Dominguez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hedi Palmer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Anderson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Gilbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dereck Dominguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Premier Basketball Club?

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

Mission Statement of Premier Basketball Club

Premier Basketball Club, a renowned organization, is dedicated to providing a remarkable personal development experience for youth aged between 3 and 19, utilizing the game of basketball as a medium. Their mission lies in instilling the principles of dedication and responsibility within these young individuals. By engaging with basketball, the club aims to nurture a generation that understands the importance of hard work and accountability, thereby shaping them into responsible and successful individuals.

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Impact




July, 2024

Premier Basketball Club has a profound impact on the youth in the Littleton community by providing an exceptional personal development experience through the game of basketball. By teaching the values of hard work and accountability to youth aged 3-19, the club fosters character development and skill building that goes beyond the basketball court. Through their programs and initiatives, Premier Basketball Club is shaping the future leaders of tomorrow and instilling important life lessons in the youth of Littleton, CO.




This information is meant to be a general summary of Premier 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
$1,491,350 (2022)
Expenses
$1,514,888 (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: $1,437,774
  • Gross Receipts: $1,491,350

Assets and Liabilities:

  • Total Assets: $183,186
  • Total Liabilities: $25,000
  • Net Assets: $158,186

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Programs

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

Registration Fees

Revenue

$1,238,806

Concessions & Spirit Store

Revenue

$156,278

Camp Fees

Revenue

$42,690

Organization Details

Founding Year

2012

Principal Officer

Greg Bolding

Main Address

2305 E Arapahoe Rd, Littleton, CO, 80122

NTEE Category

Code: N99 - Recreation

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