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Wichita Basketball Society Inc

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

EIN: 825188383 ✦ Wichita, KS ✦ Designated as a 501(c)(3)

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Overview

What is Wichita Basketball Society Inc?

Wichita Basketball Society Inc, located at 1412 E SUNVIEW ST, Wichita, Kansas 67216, is a nonprofit organization dedicated to fostering positive character development and enriching values in individuals. They accomplish this goal by utilizing the game of basketball as a medium. The society's mission is centered around promoting moral enhancement and personal growth through basketball-related activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Stars

Wichita Basketball Society Inc received a low rating of 53%, indicating significant areas for improvement in accountability and finance. The organization's score reflects a lack of independent board members, which raises concerns about governance and oversight. While they have demonstrated a solid program expense ratio of 100%, other governance-related aspects, such as missing policies for conflicts of interest and whistleblower protections, are critical weaknesses.

Despite successfully avoiding any material diversion of assets and maintaining a favorable liabilities to assets ratio, the absence of key accountability measures limits the organization’s overall rating. The lack of a website listed on their tax forms and the failure to post required documents further contribute to this low score, signaling transparency issues that stakeholders may find concerning.

To enhance their credibility and effectiveness, Wichita Basketball Society Inc must address these governance deficiencies. Developing a more independent board structure and implementing essential policies will not only improve their Charity Navigator rating but also strengthen trust among donors and the community they serve.


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

Is Wichita Basketball Society Inc legitimate?

Wichita Basketball Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wichita Basketball Society Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Wichita Basketball Society Inc?

The Wichita Basketball Society Inc's mission is centered around promoting character development and instilling life-enhancing values through the medium of basketball. By utilizing the sport, they aim to positively impact individuals in various ways. Their mission is to encourage the inculcation of valuable life lessons and personal growth, ultimately enriching the lives of those involved.

Who is the CEO of Wichita Basketball Society Inc?

Henry Brooks is the President of Wichita Basketball Society Inc.

What is the revenue of Wichita Basketball Society Inc?

Wichita Basketball Society Inc's revenue in 2022 was $31,196.

Who are the executives of Wichita Basketball Society Inc and what are their salaries?


Here are 3 key members and their salaries:


Henry Brooks (President)
  • Compensation: $5,919
  • Related: $0
  • Other: $0
Tyrone Brown (Vice President)
  • Compensation: $5,269
  • Related: $0
  • Other: $0
Adia Scott (Treasurer)
  • Compensation: $6,342
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wichita Basketball Society Inc?

Wichita Basketball Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wichita Basketball Society Inc

Wichita Basketball Society Inc, as a nonprofit organization, is dedicated to promoting character development and instilling life-enhancing values in individuals through the medium of basketball. The mission of this organization is to leverage the popularity and appeal of basketball to foster positive attributes and personal growth in its participants. By engaging with the game, individuals under the auspices of Wichita Basketball Society Inc can expect to gain valuable life lessons, ultimately leading to personal enrichment.

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Impact




August, 2024

The impact of Wichita Basketball Society Inc can be seen in the positive character development and life-enhancing values it promotes through the game of basketball. By engaging youth in this sport, the organization is providing opportunities for personal growth, teamwork, resilience, and leadership skills. Through its mission, Wichita Basketball Society Inc plays a crucial role in shaping the next generation of individuals who embody these values on and off the basketball court.




This information is meant to be a general summary of Wichita Basketball Society 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
$31,196 (2022)
Expenses
$23,568 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $458,496

Assets and Liabilities:

  • Total Assets: $26,093
  • Total Liabilities: $0
  • Net Assets: $26,093

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Organization Details

Founding Year

2020

Principal Officer

Henry Brooks

Main Address

1412 E SUNVIEW ST, WICHITA, KS, 67216

NTEE Category

Code: O99 - Youth development

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