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Tarkanian Basketball Academy

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

EIN: 571151598 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Tarkanian Basketball Academy?

Tarkanian Basketball Academy is a nonprofit organization situated in Las Vegas, Nevada, with an address at 2730 S Rancho Drive. The primary objective of this organization is to offer basketball-related activities, such as teaching fundamental skills, sportsmanship, work ethic, and fair play to young individuals from diverse economic backgrounds. This is accomplished through various clinics and sessions, which serve as the primary means of achieving the organization's charitable purpose. With a modest workforce of four individuals, Tarkanian Basketball Academy is dedicated to promoting the love of basketball and fostering positive values in its participants.


Official website here: www.tarkball.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 66%)

The Tarkanian Basketball Academy has received a Two-Star rating, indicating that there are areas requiring improvement in its accountability and finance practices. The overall score of 66% reflects some strengths in governance, such as having a fully independent board, which scores full points in that category. However, the organization has notable weaknesses, particularly in transparency, as it has not made its financial statements or tax forms available online.

Additionally, while the academy demonstrates strong program expenditure, allocating 100% of its resources towards its mission, it lacks essential governance policies, including a conflict of interest policy and a whistleblower policy. The absence of these policies may raise concerns about the overall management and accountability of the organization. These factors combined contribute to a perception that, while the organization is committed to its mission, there is significant room for improvement in financial transparency and governance practices.


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

Is Tarkanian Basketball Academy legitimate?

Tarkanian Basketball Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tarkanian Basketball Academy 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: $162,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,000

For more financial information, click here


Official website here: www.tarkball.com

What is the mission statement of Tarkanian Basketball Academy?

The Tarkanian Basketball Academy is dedicated to offering basketball-related activities for young individuals, regardless of their economic background. Its primary objective is to teach fundamental skills, sportsmanship, work ethic, and fair play. The organization achieves this goal by conducting basketball clinics, which serve as a platform for nurturing these essential qualities in the participants. By doing so, the academy aims to contribute positively to the personal development of young boys and girls, fostering a love for the sport and promoting its values.


Official website here: www.tarkball.com

Who is the CEO of Tarkanian Basketball Academy?

Danny Tarkanian is the Treasurer of Tarkanian Basketball Academy.


Official website here: www.tarkball.com

What is the revenue of Tarkanian Basketball Academy?

Tarkanian Basketball Academy's revenue in 2022 was $736,106.


Official website here: www.tarkball.com

Who are the executives of Tarkanian Basketball Academy and what are their salaries?

The average compensation at Tarkanian Basketball Academy during 2022 was $59,375. There are 4 employees at Tarkanian Basketball Academy.


Here are 7 key members and their salaries:


Danny Tarkanian (Treasurer)
  • Compensation: $60,500
  • Related: $0
  • Other: $0
George Tarkanian (President)
  • Compensation: $54,000
  • Related: $0
  • Other: $0
Judy Flynn (Secretary)
  • Compensation: $48,000
  • Related: $0
  • Other: $0
Michael Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph K Raftery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Ruggeroli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dinard Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tarkball.com

Where can I find the form 990 for Tarkanian Basketball Academy?

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


Official website here: www.tarkball.com

Learn more at the official website: www.tarkball.com

Mission Statement of Tarkanian Basketball Academy

Tarkanian Basketball Academy, a nonprofit organization, is committed to providing basketball-related activities for young boys and girls from various economic backgrounds. Its primary objective is to teach fundamental skills, promote sportsmanship, instill work ethic, and foster fair play. The organization achieves this mission through the presentation of basketball clinics, which enable it to successfully accomplish its exempt purpose. By offering these clinics, Tarkanian Basketball Academy aims to contribute positively to the lives of young individuals, helping them develop not just their basketball abilities, but also essential life skills.

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Impact




July, 2024

Tarkanian Basketball Academy has a significant impact on the community by providing basketball-related activities that teach fundamentals, skills, sportsmanship, work ethic, and fair play to young boys and girls from all economic backgrounds. Through their basketball clinics, the organization successfully fulfills its mission of fostering a love for the sport while instilling important values in the youth. This initiative not only promotes physical activity and healthy competition but also contributes to the personal development of participants. The academy's dedication to inclusivity and skill-building makes a positive difference in the lives of many aspiring basketball players in Las Vegas and beyond.




This information is meant to be a general summary of Tarkanian Basketball Academy. 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
$736,106 (2022)
Expenses
$602,911 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$46,175
  • Program Service Revenue: $782,281
  • Gross Receipts: $1,389,633

Assets and Liabilities:

  • Total Assets: $1,084,791
  • Total Liabilities: $582,749
  • Net Assets: $502,042

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Programs

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

BARBER SHOP

Revenue

$12,000

CLUB TEAMS

Revenue

$25,955

COURT RENTALS

Revenue

$570,764

DAWGS LEASE

Revenue

$5,600

MISC

Revenue

$151,912

Organization Details

Founding Year

2003

Principal Officer

Danny Tarkanian

Main Address

2730 S RANCHO DRIVE, LAS VEGAS, NV, 89102

NTEE Category

Code: N62 - Recreation

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