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Valley Stars 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: 814337724 ✦ Encino, CA ✦ Designated as a 501(c)(3)

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Overview

What is Valley Stars Basketball Academy?

Valley Stars Basketball Academy is a nonprofit organization situated in Encino, California, primarily focused on providing a youth basketball league. The organization, with around 30 participants in 2019, aims to foster a love for the sport among young individuals. It serves as an amateur sports club or league, offering opportunities for skill development and teamwork within the realm of basketball.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, Two-Star out of Four Star rating.

Valley Stars Basketball Academy has received a Two-Star rating, indicating moderate performance based primarily on its Accountability & Finance score. The organization excels in having a fully independent board, scoring 10 out of 10 for both the majority of independent board members and the size of the independent board. Additionally, it has a solid program expense ratio of 90.48%, demonstrating a strong commitment to its mission through program-related spending.

However, the organization faces significant challenges reflected in its liabilities to assets ratio, which stands at an alarming 457.73%, resulting in a zero score in that area. While the charity shows strengths in governance and transparency, potential donors and supporters should be cognizant of its financial liabilities, which may pose risks to its sustainability. Overall, while the Valley Stars Basketball Academy has a solid foundation in governance, the financial health raises concerns that should be addressed.


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

Is Valley Stars Basketball Academy legitimate?

Valley Stars Basketball Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Stars 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: $53,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,871

For more financial information, click here

What is the mission statement of Valley Stars Basketball Academy?

The Valley Stars Basketball Academy, an amateur sports organization, is dedicated to providing a youth basketball league as its primary mission. With around 30 children participating in 2019, the academy aims to foster a love for basketball and promote a sense of camaraderie among its participants. The academy does not focus on professional development but rather on providing a fun and engaging environment for youth basketball enthusiasts.

What is the revenue of Valley Stars Basketball Academy?

Valley Stars Basketball Academy's revenue in 2023 was $205,689.

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

The average compensation at Valley Stars Basketball Academy during 2023 was $6,541. There are 9 employees at Valley Stars Basketball Academy.

Here are 5 key members and their salaries:


Cesar Calderon (Presidentdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Esparza (Vice Presdirector)
  • Compensation: $9,925
  • Related: $0
  • Other: $0
Heather Thompson (Secretarydirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sassan Heydari (Treasurerdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Esparza (Executive Director)
  • Compensation: $53,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Valley Stars Basketball Academy?

Valley Stars Basketball Academy's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Valley Stars Basketball Academy

Valley Stars Basketball Academy, as an amateur sports club or league, is dedicated to providing a youth basketball league. Their mission is to create an engaging and educational environment for young participants, fostering sportsmanship, teamwork, and skill development. In 2019, approximately 30 kids were part of this initiative, showcasing the organization's commitment to engaging a substantial number of young athletes. The Academy's focus on youth basketball aims to instill a love for the sport and promote physical activity, while also offering a platform for children to build relationships and learn valuable life skills.

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Impact




October, 2024

Valley Stars Basketball Academy fosters personal development and teamwork among youth through its basketball league in Encino, CA. By providing a structured environment for about 30 kids in 2019, the academy encourages physical fitness, social interaction, and skill development. Participants learn essential basketball techniques while cultivating discipline, leadership, and sportsmanship. The league not only promotes a healthy lifestyle but also helps build a strong community where young athletes can thrive both on and off the court. Through its activities, Valley Stars Basketball Academy significantly contributes to the positive growth and wellbeing of local youth.




This information is meant to be a general summary of Valley Stars 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
$205,689 (2023)
Expenses
$198,811 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1
  • Program Service Revenue: $204,798
  • Gross Receipts: $205,689

Assets and Liabilities:

  • Total Assets: $33,082
  • Total Liabilities: $51,274
  • Net Assets: -$18,192

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Programs

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

Programleague fees

Revenue

$204,798

Organization Details

Founding Year

2016

Principal Officer

Keith Esparza

NTEE Category

Code: N62 - Recreation

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