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Jam On It Basketball Academy Inc

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

EIN: 860887569 ✦ Sparks, NV ✦ Designated as a 501(c)(3)

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Overview

What is Jam On It Basketball Academy Inc?

Jam On It Basketball Academy Inc, based in Sparks, Nevada, is a nonprofit organization dedicated to uplifting underprivileged youth through basketball. They offer various programs including lessons, camps, clinics, and traveling teams, enabling over 3,500 young participants to partake in sporting activities. The academy also subsidizes visiting teams for local and national tournaments, providing support to over 60 teams from different states, and covering travel expenses for over 650 youths. Additionally, Jam On It sponsors disadvantaged youths to participate in tournaments, offering comprehensive packages including airfare, accommodation, meals, and entertainment. The academy's mission is to instill self-worth and a sense of accomplishment in children through sports, fostering the belief that hard work is essential in both sports and life. With a focus on inclusivity, Jam On It provides opportunities for children regardless of their race, gender, or economic background. To cover the costs associated with these events, the academy organizes several fundraising opportunities throughout the year.


Official website here: www.jamonit.org

Is Jam On It Basketball Academy Inc legitimate?

Jam On It Basketball Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jam On It 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,712

For more financial information, click here


Official website here: www.jamonit.org

What is the mission statement of Jam On It Basketball Academy Inc?

Jam On It Basketball Academy Inc's mission is centered around building self-worth and fostering a sense of accomplishment in children through engaging them in fun, competitive basketball activities. The academy believes in the importance of striving one's best, not just in sports, but also in life. Regardless of race, gender, or economic background, all children should have the opportunity to participate in a well-organized athletic program. Jam On It offers a comprehensive basketball program catering to both recreational and competitive players, providing camps, clinics, lessons, tournaments, and conditioning programs for boys and girls aged 5 to 18.


Official website here: www.jamonit.org

Who is the CEO of Jam On It Basketball Academy Inc?

Matthew Williams Jr is the Ceo of Jam On It Basketball Academy Inc. The CEO's salary of Jam On It Basketball Academy Inc is $0 and their total compensation is $29,000.


Official website here: www.jamonit.org

What is the revenue of Jam On It Basketball Academy Inc?

Jam On It Basketball Academy Inc's revenue in 2020 was $1,005,547.


Official website here: www.jamonit.org

Who are the executives of Jam On It Basketball Academy Inc and what are their salaries?

The average compensation at Jam On It Basketball Academy Inc during 2020 was $1,983. There are 17 employees and 225 volunteers at Jam On It Basketball Academy Inc.


Here are 6 key members and their salaries (Jam On It Basketball Academy Inc's CEO's salary is $0 and their total compensation is $29,000):


Matthew Williams (Ceo)
  • Compensation: $0
  • Related: $29,000
  • Other: $0
Sharice Green (Trustee)
  • Compensation: $5,833
  • Related: $0
  • Other: $0
Michael Williams (Trustee)
  • Compensation: $4,200
  • Related: $0
  • Other: $0
Clint Welch (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Maultsby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Gura (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jamonit.org

Where can I find the form 990 for Jam On It Basketball Academy Inc?

Jam On It Basketball Academy Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.jamonit.org

Learn more at the official website: www.jamonit.org

Mission Statement of Jam On It Basketball Academy Inc

Jam On It Basketball Academy Inc, with a focus on youth instruction, aims to instill positive self-worth and foster a sense of accomplishment in children through competitive basketball play. The organization believes that attempting one's best is equally important in sports as it is in life. Regardless of race, gender, or economic background, all children should have the opportunity to participate in a well-organized athletic program. Jam On It offers a comprehensive basketball program catering to both recreational and competitive players, providing camps, clinics, lessons, tournaments, and conditioning programs for boys and girls aged 5 to 18. The academy seeks to create an environment where children can learn, grow, and develop essential life skills, emphasizing the value of teamwork, perseverance, and sportsmanship.

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Impact




July, 2024

Jam On It Basketball Academy Inc's impact is significant in providing opportunities for underprivileged youths to engage in fun, competitive play and build positive self-worth. The organization has sponsored over 3,500 youths in basketball programs, including lessons, camps, clinics, and traveling teams. Additionally, Jam On It has helped subsidize over 60 visiting teams to participate in local and national tournaments, spanning from Nevada to California to Utah to Hawaii. This support extends to sponsoring and aiding over 650 youths with travel expenses to regional and national tournaments, including transportation and lodging.

Moreover, the organization has sponsored disadvantaged youths to basketball tournaments in Hawaii, covering airfare, hotel accommodations, meals, and entertainment. Jam On It also supports traveling teams to college viewing tournaments across the country, enhancing exposure to college coaches and increasing the likelihood of college scholarships. Through various fundraising opportunities, Jam On It offsets the costs associated with these tournaments, ensuring that all children, regardless of background, have the chance to participate in organized athletic programs. Overall, Jam On It Basketball Academy Inc's impact is evident in promoting a sense of accomplishment, self-worth, and the importance of trying one's best in both sports and life.




This information is meant to be a general summary of Jam On It 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
$1,005,547 (2020)
Expenses
$1,144,128 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $811,065
  • Gross Receipts: $1,009,611

Assets and Liabilities:

  • Total Assets: $285,668
  • Total Liabilities: $24,079
  • Net Assets: $261,589

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Programs

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

BASKETBALL RELATED FEE

Revenue

$747,510

COURT RENTAL FEES

Revenue

$63,555

Organization Details

Founding Year

1999

Principal Officer

Matthew Williams Jr

Main Address

PO BOX 52049, SPARKS, NV, 894352049

NTEE Category

Code: N60 - Recreation

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