Overview
What is Lincoln-Way Basketball Association?
The Lincoln-Way Basketball Association is a nonprofit organization situated in the New Lenox area. Its primary function is to manage and oversee an amateur basketball association, with a focus on providing youth basketball programs. By organizing, maintaining, administering, and promoting this league, the association aims to foster a love for basketball among local youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Lincoln-Way Basketball Association has received a Two-Star rating from Charity Navigator, reflecting a solid performance in certain accountability and finance areas, with a score of 73%. The organization excels in its governance structure, showing a fully independent board and maintaining a strong program expense ratio of 95.51%, indicating effective allocation of funds toward its programs.
However, there are notable weaknesses that have impacted its overall rating. The association is missing critical policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which collectively detract from its accountability score. Additionally, the absence of tax form website disclosure limits transparency for potential donors.
Overall, while the Lincoln-Way Basketball Association demonstrates strong financial management and governance practices, its missing policies pose significant areas for improvement to enhance trust and accountability among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Lincoln-Way Basketball Association legitimate?
Lincoln-Way Basketball Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln-Way Basketball Association 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
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What is the mission statement of Lincoln-Way Basketball Association?
The Lincoln-Way Basketball Association is committed to overseeing, maintaining, managing, and promoting an amateur basketball association. Its primary objective is to provide a platform for youth basketball in a specific area, in this case, New Lenox. The association's activities revolve around organizing, administering, and promoting basketball events, ensuring a thriving amateur basketball community.
What is the revenue of Lincoln-Way Basketball Association?
Lincoln-Way Basketball Association's revenue in 2024 was $85,589.
Who are the executives of Lincoln-Way Basketball Association and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Lincoln-Way Basketball Association?
Lincoln-Way Basketball Association's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Lincoln-Way Basketball Association
The Lincoln-Way Basketball Association, as a nonprofit organization, is dedicated to overseeing, managing, and promoting an amateur basketball association. In simpler terms, their mission is to facilitate the operation and advancement of a grassroots basketball league. This organization provides youth basketball programs in the New Lenox area, contributing to the development of young athletes and fostering a love for the sport.
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Impact
August, 2024
The Lincoln-Way Basketball Association's impact is evident in the New Lenox area through its tireless efforts in organizing, maintaining, administering, and promoting youth basketball programs. By providing opportunities for young athletes to develop their skills, teamwork, and sportsmanship values, the association plays a pivotal role in shaping the next generation of basketball players. Through their recreational programs, the Lincoln-Way Basketball Association contributes to the community's overall well-being by fostering a healthy and active lifestyle among its youth participants.
This information is meant to be a general summary of Lincoln-Way Basketball Association. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $26
- Program Service Revenue: $85,563
- Gross Receipts: $85,589
Assets and Liabilities:
- Total Assets: $29,454
- Total Liabilities: $0
- Net Assets: $29,454
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION
Revenue
$62,146
TOURNAMENT
Revenue
$22,645
MISCELLANEOUS
Revenue
$772
Organization Details
Founding Year
2019
Principal Officer
Jim Willis
NTEE Category
Code: N62 - Recreation
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