National Association Of Basketball Coaches Foundation Inc
- Assets
- $10.1m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 25
- Location
- Kansas City, MO
- Founding
- 01/2000
- Data as of
- 09/2020
- EIN
- 06-1560942
Organization Overview
National Association Of Basketball Coaches Foundation Inc, operating under the name Nabc Foundation, is located in Kansas City, MO. The organization was established in 2000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 09/2021, Nabc Foundation employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nabc Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2020, Nabc Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $2.0m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE NABC FOUNDATION WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO FURTHER THE GAME OF BASKETBALL AND PROVIDE FOR COACHES IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
THE BENEVOLENT FUND, STARTED IN JUNE 2013, IS INTENDED TO PROVIDE FINANCIAL AND OTHER ASSISTANCE TO MEMBERS OF THE NATIONAL ASSOCIATION OF BASKETBALL COACHES (NABC) WHO SUFFER SEVERE ECONOMIC OR EMOTIONAL STRAIN DUE TO VARIOUS CIRCUMSTANCES. TO BE ELIGIBLE FOR ASSISTANCE FROM THE BENEVOLENT FUND, THE INDIVIDUAL MUST BE A CURRENT MEMBER OF THE NABC WHO IS IN NEED OF ASSISTANCE DUE TO JOB LOSS, SERIOUS ILLNESS, DEATH OF A FAMILY MEMBER, DISASTER OR OTHER SIMILAR CIRCUMSTANCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Henderson Cbe CEO And Cmo | Officer | 40 | $164,158 |
Roy Williams Director/president | OfficerTrustee | 0.25 | $0 |
Jim Haney Secretary/executive Director | Officer | 10 | $0 |
Andrew Burczyk Treasurer | Officer | 0.25 | $0 |
Dan Gavitt Director | Trustee | 0.25 | $0 |
Jim Mcdonald Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $196,311 |
| Investment income | $8,974 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $927,120 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,265 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$235 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,368,100 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $58,795 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $185,334 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $462,713 |
| Pension plan accruals and contributions | $38,771 |
| Other employee benefits | $94,782 |
| Payroll taxes | $46,149 |
| Fees for services: Management | $60,832 |
| Fees for services: Legal | $49,607 |
| Fees for services: Accounting | $28,852 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,293 |
| Office expenses | $15,077 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $141,802 |
| Travel | $853 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,932 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $486,634 |
| Insurance | $54,719 |
| All other expenses | $0 |
| Total functional expenses | $2,012,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,700 |
| Savings and temporary cash investments | $1,324,137 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,756 |
| Prepaid expenses and deferred charges | $53,624 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $464,297 |
| Total assets | $10,087,058 |
| Accounts payable and accrued expenses | $261,525 |
| Grants payable | $0 |
| Deferred revenue | $10,249 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $591,435 |
| Other liabilities | $0 |
| Total liabilities | $863,209 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $9,223,849 |
Grants Awarded
Over the last fiscal year, National Association Of Basketball Coaches Foundation Inc has awarded $411,084 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Durham, NC PURPOSE: SUPPORT LITERACY | $311,084 |
Colorado Springs, CO PURPOSE: BASKETBALL EDUCATION | $50,000 |
Springfield, MA PURPOSE: B-BALL EDUCATION | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Association Of Basketball Coaches Foundation Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
National Association Of Basketball Coaches Kansas City, MO PURPOSE: BENEVOLENT FUND | $50,000 |
Endowment Analysis
| Beg. Balance | $533,499 |
| Earnings | $4,984 |
| Admin Expense | $760 |
| Net Contributions | $67,529 |
| Grants | $24,500 |
| Ending Balance | $580,752 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Mose And Garrison Siskin Memorial Foundation Inc Chattanooga, TN | $53,806,754 | $11,101,792 |
Washburn University Foundation Topeka, KS | $212,049,839 | $17,810,833 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |
Usmma Sailing Foundation Inc Spring Hill, TN | $32,552,654 | $5,996,554 |
Fort Hays State University Foundation Hays, KS | $117,134,366 | $18,921,024 |
Private Education-Employers Trust St Louis, MO | $386,613 | $11,502,248 |