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Foundation Basketball Club Inc

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

EIN: 820767338 ✦ Arlington, TX ✦ Designated as a 501(c)(3)

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Overview

What is Foundation Basketball Club Inc?

Foundation Basketball Club Inc, situated in Arlington, Texas, is a nonprofit organization devoted to serving charitable and educational objectives through its basketball programs. They offer structured league experiences for two age groups: children aged 7 to 10 and those between 11 and 14. With a maximum of 15 participants in each age group, these young athletes engage in regular practices, games, and competitions within the city. The club's mission is to facilitate learning and growth through the sport of basketball, providing a positive and supportive environment for its members.

Is Foundation Basketball Club Inc legitimate?

Foundation Basketball Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Basketball Club Inc submitted a form 990EZ, 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 Foundation Basketball Club Inc?

The Foundation Basketball Club Inc, in its mission, focuses on serving charitable and educational objectives through its basketball programs. The club offers structured league experiences for two age groups: 11 to 14-year-olds and 7 to 10-year-olds. With a maximum of 15 participants in each group, they enable young individuals to practice, play, and compete within their city. The club's primary goal is to contribute positively to the development of these young individuals through the medium of basketball.

What is the revenue of Foundation Basketball Club Inc?

Foundation Basketball Club Inc's revenue in 2022 was $69,294.

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

Here are 3 key members and their salaries:


Kevin Pace (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devin Lewis (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Camille Mason (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Foundation Basketball Club Inc?

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

Mission Statement of Foundation Basketball Club Inc

Foundation Basketball Club, a nonprofit organization, is committed to serving charitable and educational purposes through its basketball programs. It offers structured league opportunities for two age groups: children between 7 and 10 years old, and those aged 11 to 14. With a maximum of 15 participants in each group, the club encourages practice, play, and competition within the city. By providing this platform, Foundation Basketball Club aims to contribute positively to the personal growth and development of these young individuals.

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Impact




August, 2024

Foundation Basketball Club Inc's impact is evident in the lives of the young participants it serves in Arlington, TX. By providing organized league opportunities for 7 to 14-year-olds, the club promotes physical activity, teamwork, and sportsmanship among local youth. Through its basketball programs, the club not only fosters athletic development but also instills important life skills such as discipline, perseverance, and leadership. Overall, Foundation Basketball Club Inc contributes to the community by offering a positive and engaging outlet for young individuals to learn and grow through the sport of basketball.




This information is meant to be a general summary of Foundation Basketball Club Inc. 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
$69,294 (2022)
Expenses
$54,948 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $69,294

Assets and Liabilities:

  • Total Assets: $14,346
  • Total Liabilities: $0
  • Net Assets: $14,346

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Organization Details

Principal Officer

Kevin Pace

NTEE Category

Code: N62 - Recreation

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