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Fba Academy

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

EIN: 822089623 ✦ Costa mesa, CA ✦ Designated as a 501(c)(3)

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Overview

What is Fba Academy?

Fba Academy is a California-based nonprofit organization, specifically located at 711 West 17th St C-4, Costa Mesa. It primarily focuses on promoting amateur basketball competitions. By organizing and overseeing interscholastic athletic activities and tournaments, the organization encourages young athletes to engage in the sport. With a small team of dedicated individuals, Fba Academy plays a significant role in fostering a passion for basketball among its community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%).

Fba Academy has received a Two-Star rating from Charity Navigator, indicating that the organization requires improvement in its accountability and financial practices. The score reflects a solid performance in some areas, such as having a majority of independent board members and a strong program expense ratio. However, there are significant shortcomings in transparency and governance, particularly concerning the independent board size and various policy implementations.

The organization demonstrates strong financial health with a favorable liabilities to assets ratio and indicates no material diversion of assets. However, it has been criticized for lacking essential policies, including a whistleblower policy and detailed documentation of board meeting minutes. This absence of documentation and established protocols suggests potential risks in governance and operational transparency.

Overall, while Fba Academy shows promise in specific areas, the need for improvement in their policies and documentation practices is critical for enhancing trust and accountability among their stakeholders. Addressing these issues could lead to a more robust and effective organization in the future.


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

Is Fba Academy legitimate?

Fba Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fba 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: $103,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Fba Academy?

Fba Academy's mission is centered around facilitating amateur basketball competitions. They accomplish this by overseeing interscholastic athletic practices and organizing corresponding competitions. The primary objective of Fba Academy is to offer a platform for young athletes to showcase their skills and passion for basketball in a structured and competitive environment. By doing so, they contribute to the development of basketball talent while fostering teamwork, sportsmanship, and discipline among the participating students.

Who is the CEO of Fba Academy?

Jeffrey Fryer is the Ceo of Fba Academy. The CEO's salary of Fba Academy is $103,846 and their total compensation is $103,846.

What is the revenue of Fba Academy?

Fba Academy's revenue in 2023 was $495,028.

Who are the executives of Fba Academy and what are their salaries?

The average compensation at Fba Academy during 2023 was $103,846. There is 1 employee at Fba Academy.


Here are 2 key members and their salaries (Fba Academy's CEO's salary is $103,846 and their total compensation is $103,846):


Jeffrey Fryer (Ceo)
  • Compensation: $103,846
  • Related: $0
  • Other: $0
Brian Darrow (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fba Academy?

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

Mission Statement of Fba Academy

Fba Academy, as a nonprofit entity, is dedicated to providing an avenue for amateur basketball competition. This is achieved through its role in overseeing interscholastic athletic practices and organizing competitions. The mission of Fba Academy is to foster a competitive environment for young athletes, enabling them to hone their skills and passion for the sport. By directing these athletic activities, Fba Academy contributes to the development of future basketball talent, promoting teamwork, sportsmanship, and a healthy lifestyle among its participants.

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Impact




July, 2024

Fba Academy impacts the community by providing amateur basketball competition through directing interscholastic athletic practice and competitions in Costa Mesa, CA. Through its activities, Fba Academy promotes youth development, teamwork, and sportsmanship among its participants.




This information is meant to be a general summary of Fba 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
$495,028 (2023)
Expenses
$481,287 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $495,025
  • Gross Receipts: $495,028

Assets and Liabilities:

  • Total Assets: $101,752
  • Total Liabilities: $8,450
  • Net Assets: $93,302

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Programs

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

Membership Dues & Assessments

Revenue

$495,025

Organization Details

Founding Year

2017

Principal Officer

Jeffrey Fryer

Main Address

711 West 17th St C-4, Costa Mesa, CA, 92627

NTEE Category

Code: O50 - Youth development

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