Palo Alto NATIONAL JUNIOR BASKETBALL is located in Los Altos Hills, CA. The organization was established in 1993. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. Palo Alto NATIONAL JUNIOR BASKETBALL 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 07/2020, Palo Alto NATIONAL JUNIOR BASKETBALL generated $303.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 63.6% each year . All expenses for the organization totaled $319.4k during the year ending 07/2020. While expenses have increased by 17.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
PROVIDE YOUTH BASKETBALL TRAINING AND COMPETITION FOR LOCAL KIDS AGES 6-18. OVER 500 BOYS AND GIRLS PARTICIPATE IN PALO ALTO NJB ACTIVITIES, IMPROVING TEAMWORK AND BASKETBALL SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WINTER BASKETBALL LEAGUE
WINTER BASKETBALL LEAGUE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Justin Kitch Chapter Director | OfficerTrustee | 10 | $0 |
Sean Mcgraw Treasurer | OfficerTrustee | 5 | $0 |
Jonathan Brown President | OfficerTrustee | 5 | $0 |
Jon Ward Director | Trustee | 5 | $0 |
Stephen Landt Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $303,126 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $303,126 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $303,126 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $67,425 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $157 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $100 |
Office expenses | $3,321 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $123,279 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $495 |
All other expenses | $2,275 |
Total functional expenses | $319,368 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $0 |
Over the last fiscal year, we have identified 1 grants that Palo Alto NATIONAL JUNIOR BASKETBALL has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Youth Development | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Ultimate Sports Association Walnut Creek, CA | $1,241,895 | $1,889,365 |
West Coast Elite El Segundo, CA | $47,085 | $1,056,757 |
Socal-Elite Sports Inc Irvine, CA | $856,246 | $1,237,491 |
National Junior Basketball Tustin, CA | $68,241 | $690,890 |
Tarkanian Basketball Academy Inc Las Vegas, NV | $1,084,791 | $736,106 |
Team Esface Inc Redwood City, CA | $170,608 | $568,435 |
Northwest Womens Intercollegiate Basketball Officials Assocaition Salem, OR | $163,779 | $398,334 |
Palo Alto NATIONAL JUNIOR BASKETBALL Los Altos Hills, CA | $0 | $303,126 |
Sierra Nevada Basketball Inc Reno, NV | $2,943 | $276,310 |
East Bay Basketball Officials Association Hercules, CA | $1,000 | $275,181 |
Rocklin Girls Fast Pitch Softball Rocklin, CA | $60,559 | $238,087 |
Jk Select Inc Woodland Hills, CA | $7,021 | $277,034 |