Overview
What is Hab?
Hab, based in Steamboat Springs, Colorado, is a nonprofit organization that focuses on promoting the game of basketball. Their primary mission is to offer basketball opportunities for both youth and adults residing in Routt County. Through their initiatives, they aim to instill values such as respect, accountability, and perseverance, alongside developing basketball skills. With a team of two dedicated individuals, Hab encourages participation in the sport while fostering a positive and supportive environment.
Official website here: www.highaltitudebasketball.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 63%)
Hab has received a Two-Star rating from Charity Navigator, indicating areas needing significant improvement. The organization scored well in certain governance aspects, such as having a fully independent board and scoring maximum points for the material diversion of assets. However, it has critical weaknesses in its accountability and finance practices, particularly in areas such as conflict of interest and whistleblower policies, where it received no points.
The financial health of Hab shows some positive indicators, particularly with a favorable liabilities to assets ratio. However, the program expense ratio is notably low, suggesting that a smaller portion of its expenses is allocated to program services compared to administrative costs. This could raise concerns regarding the effectiveness and sustainability of its programs.
Despite some structural strengths, the lack of essential policies and transparency measures highlighted in the rating points to significant areas for improvement for Hab. Addressing these weaknesses could enhance trust and support from donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Hab legitimate?
Hab is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hab 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: $56,666
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,579
For more financial information, click here
Official website here: www.highaltitudebasketball.org
What is the mission statement of Hab?
Hab, an organization dedicated to basketball, aims to offer opportunities for both youth and adults in Routt County. Their mission is to foster a love for the game while instilling values such as respect, accountability, and perseverance. By providing a platform for skill development, they aim to help individuals grow both on and off the court.
Official website here: www.highaltitudebasketball.org
Who is the CEO of Hab?
Leon Rinck is the President of Hab.
Official website here: www.highaltitudebasketball.org
What is the revenue of Hab?
Hab's revenue in 2022 was $84,698.
Official website here: www.highaltitudebasketball.org
Who are the executives of Hab and what are their salaries?
The average compensation at Hab during 2022 was $30,622. There are 2 employees and 20 volunteers at Hab.
Here are 5 key members and their salaries:
- Compensation: $56,667
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.highaltitudebasketball.org
Where can I find the form 990 for Hab?
Hab's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.highaltitudebasketball.org
Learn more at the official website: www.highaltitudebasketball.org
Mission Statement of Hab
Hab, a nonprofit organization, is dedicated to providing basketball opportunities for both youth and adults residing in Routt County. The mission of Hab is multifaceted, aiming to foster the development of knowledge, skills, and a deep-rooted love for the game of basketball. Simultaneously, Hab emphasizes values such as respect, accountability, and perseverance. By offering these opportunities, Hab seeks to positively impact the lives of its participants, fostering personal growth and community engagement through the shared passion for basketball.
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Impact
October, 2024
Hab makes a significant impact by providing basketball opportunities for youth and adults in Routt County. It fosters a love for the game while emphasizing important life lessons such as respect, accountability, and perseverance. Participants develop their knowledge and skills in basketball, which not only enhances their athletic abilities but also promotes personal growth and community building in Steamboat Springs, CO. By creating an inclusive environment, Hab encourages individuals of all backgrounds to engage in recreational activities, contributing to the overall well-being of the community.
This information is meant to be a general summary of Hab. 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 2022.
- Investment Income: $186
- Program Service Revenue: $72,582
- Gross Receipts: $84,698
Assets and Liabilities:
- Total Assets: $37,985
- Total Liabilities: $1,081
- Net Assets: $36,904
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM AND TEAM REG FEES
Revenue
$72,582
Organization Details
Founding Year
2014
Phone
(970) 819-8194Principal Officer
Leon Rinck
Main Address
PO BOX 773836, STEAMBOAT SPRINGS, CO, 80477
NTEE Category
Code: N60 - Recreation
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