Nebraska Basketball Development Ass'N

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

EIN: 470739709 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

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Overview

What is Nebraska Basketball Development Ass'N?

The Nebraska Basketball Development Association is a dedicated nonprofit organization that plays a significant role in fostering the love for basketball in Nebraska. Their primary mission involves sponsoring basketball teams for various tournaments across the United States and actively promoting the sport within the state. By doing so, they contribute to the growth and engagement of basketball enthusiasts in Nebraska, ultimately enriching the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.

The Nebraska Basketball Development Association has received a moderate rating, primarily reflecting its accountability and financial practices. The organization excels in having an independent board and maintaining a low liabilities-to-assets ratio, indicating strong financial stability. Additionally, a high program expense ratio suggests that a significant portion of funds is directed towards its mission-related activities.

However, the nonprofit has notable areas for improvement. Key policies such as a conflict of interest policy, whistleblower policy, and document retention policy are currently missing, which can raise concerns about governance and transparency. Furthermore, the absence of its website link on tax forms and other required documentation may hinder its perceived credibility and accessibility to potential donors.

Overall, while the Nebraska Basketball Development Association demonstrates solid financial health and effective program expenditure, addressing governance deficiencies is crucial for enhancing its rating and public trust.


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

Is Nebraska Basketball Development Ass'N legitimate?

Nebraska Basketball Development Ass'N is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska Basketball Development Ass'N 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Nebraska Basketball Development Ass'N?

The Nebraska Basketball Development Association is dedicated to fostering the love for basketball in Nebraska. They accomplish this by sponsoring basketball teams for tournaments across the United States and actively promoting the sport within the state. By doing so, they contribute to the growth and enjoyment of basketball among the local community. The association aims to provide opportunities for Nebraskans to participate in and appreciate the game at various levels.

Who is the CEO of Nebraska Basketball Development Ass'N?

Mick Anderson is the Pres, Treas of Nebraska Basketball Development Ass'N.

What is the revenue of Nebraska Basketball Development Ass'N?

Nebraska Basketball Development Ass'N's revenue in 2022 was $65,085.

Who are the executives of Nebraska Basketball Development Ass'N and what are their salaries?

There 15 volunteers at Nebraska Basketball Development Ass'N.


Here are 11 key members and their salaries:


Mick Anderson (Pres, Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daryl Blue (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Cannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Droge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Forbes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Motz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dallas Sweet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Menke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Menke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nebraska Basketball Development Ass'N?

Nebraska Basketball Development Ass'N's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Nebraska Basketball Development Ass'N

The Nebraska Basketball Development Association, a notable organization, is dedicated to fostering the love for basketball in the state of Nebraska. Their mission is twofold: firstly, they sponsor teams to participate in tournaments across the United States, thereby providing ample opportunities for basketball enthusiasts to showcase their skills. Secondly, they actively work towards promoting the sport within Nebraska, striving to cultivate a strong basketball community within the state.

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Impact




August, 2024

The Nebraska Basketball Development Ass'N has a significant impact on promoting the sport of basketball in Nebraska. Through sponsoring teams for tournaments across the United States and advocating for the game within the state, the association plays a crucial role in the development and growth of basketball in Nebraska. Its efforts not only offer opportunities for players to compete at a higher level but also help to foster a strong basketball community in the state.




This information is meant to be a general summary of Nebraska Basketball Development Ass'N. 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
$65,085 (2022)
Expenses
$56,431 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $54,760
  • Gross Receipts: $65,085

Assets and Liabilities:

  • Total Assets: $28,132
  • Total Liabilities: $0
  • Net Assets: $28,132

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Organization Details

Founding Year

1991

Principal Officer

Mick Anderson

Main Address

5944 S 72, LINCOLN, NE, 68516

NTEE Category

Code: N60 - Recreation

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