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Texas Tar Heels Basketball Academy Inc

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

EIN: 843211296 ✦ Lewisville, TX ✦ Designated as a 501(c)(3)

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Overview

What is Texas Tar Heels Basketball Academy Inc?

Texas Tar Heels Basketball Academy Inc is a nonprofit organization dedicated to nurturing young basketball players in Texas. With a strong emphasis on fundamental skills and ethical values such as integrity, hard work, and honor, they cater to over 200 children aged 5 to 18. Their year-round program, led by nine coaches, provides individualized team placements based on each child's skills and age, following a tryout process. The academy offers a comprehensive and ongoing learning experience for aspiring basketball players.

Is Texas Tar Heels Basketball Academy Inc legitimate?

Texas Tar Heels Basketball Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Tar Heels Basketball Academy 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: $43,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,309

For more financial information, click here

What is the mission statement of Texas Tar Heels Basketball Academy Inc?

The Texas Tar Heels Basketball Academy Inc is dedicated to enhancing the basketball skills of student athletes, ranging from ages 5 to 18. Their mission involves instilling values such as integrity, hard work, and honor in these young players. With a year-round program and nine coaches, each player receives personalized placement on a team based on their abilities and age, following a thorough tryout process. The academy aims to provide a comprehensive basketball experience, fostering the growth and development of its participants both on and off the court.

Who is the CEO of Texas Tar Heels Basketball Academy Inc?

Nathan Brewer is the President of Texas Tar Heels Basketball Academy Inc.

What is the revenue of Texas Tar Heels Basketball Academy Inc?

Texas Tar Heels Basketball Academy Inc's revenue in 2022 was $354,317.

Who are the executives of Texas Tar Heels Basketball Academy Inc and what are their salaries?

The average compensation at Texas Tar Heels Basketball Academy Inc during 2022 was $80,059. There is 1 employee at Texas Tar Heels Basketball Academy Inc.


Here are 6 key members and their salaries:


Nathan Brewer (President)
  • Compensation: $76,413
  • Related: $0
  • Other: $0
Sharon H Brewer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sophia Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Freeman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Green (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Santos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Texas Tar Heels Basketball Academy Inc?

Texas Tar Heels Basketball Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Texas Tar Heels Basketball Academy Inc

Texas Tar Heels Basketball Academy Inc is committed to nurturing student athletes, providing them with fundamental basketball skills while instilling values such as integrity, hard work, and honor. This nonprofit organization caters to a diverse group of children, ranging from age 5 to 18, with a team of nine dedicated coaches. The academy offers a year-round program, where each child is assessed during a tryout and then placed on an appropriate team based on their skill level and age. The focus is not just on honing basketball skills but also on fostering positive character traits that will benefit the players beyond the court.

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Impact




October, 2024

Texas Tar Heels Basketball Academy Inc significantly impacts the local community by providing young athletes with essential basketball skills while fostering key values such as integrity, hard work, and honor. With a diverse program that caters to over 200 children aged 5 to 18, the academy creates an inclusive environment where each player can develop their abilities and character.

The use of personalized placement on various teams ensures that each athlete receives tailored coaching suited to their skill level, which not only enhances their basketball proficiency but also builds confidence and teamwork abilities. This structured approach, guided by nine dedicated coaches, promotes discipline and perseverance, equipping young players with the tools they need for both on and off the court.

By fostering a sense of community and encouraging sportsmanship, Texas Tar Heels Basketball Academy plays a vital role in shaping the values and experiences of the youth in Lewisville, TX, contributing to their overall personal and athletic development.




This information is meant to be a general summary of Texas Tar Heels Basketball Academy 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
$354,317 (2022)
Expenses
$343,405 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $354,317

Assets and Liabilities:

  • Total Assets: $60,969
  • Total Liabilities: $23,887
  • Net Assets: $37,082

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Organization Details

Founding Year

2019

Principal Officer

Nathan Brewer

Main Address

2528 Jacobson Drive, Lewisville, TX, 750678200

NTEE Category

Code: N62 - Recreation

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