National Association Of Basketball Coaches
- Assets
- $8.3m
- Revenue
- $6.7m
- Investments
- $999.7k
- Employees
- 12
- Location
- Kansas City, MO
- Founding
- 12/1998
- Data as of
- 09/2023
- EIN
- 31-1626159
Organization Overview
National Association Of Basketball Coaches, operating under the name Nabc, is located in Kansas City, MO. The organization was established in 1998. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Nabc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nabc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Nabc generated $6.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $6.1m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Nabc has awarded 13 individual grants totaling $625,129. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS/ANNUAL CONVENTION: ALL MEETINGS ARE HELD TO DETERMINE THE DIRECTION OF COLLEGIATE BASKETBALL. MEMBER COACHES CAN ATTEND A VARIETY OF MEETINGS FOR ALL NCAA DIVISIONS, CONFERENCES AND COMMITTEES AS WELL AS ATTEND THE NABC OPENING SESSION AND WELCOME RECEPTION. NUMEROUS COACHING CLINICS PRESENTED AND LED BY SOME OF THE NATION'S FINEST BASKETBALL COACHES. MEMBER COACHES ARE PROVIDED THE OPPORTUNITY TO ATTEND THE NABC MARKETPLACE (OFFICIAL TRADE SHOW WHOSE EXHIBITORS ARE ON HAND TO DISPLAY THE NEWEST AND MOST ADVANCED PRODUCTS AND SERVICES AVAILABLE FOR THE SPORT OF BASKETBALL) AND PROFESSIONAL DEVELOPMENT SEMINARS (CLINICS THAT COVER TOPICS CONCERNING VARIOUS ASPECTS OF THE PROFESSION INCLUDING COACHING, ETHICS, AND PROFESSIONAL DEVELOPMENT).
THE HALL OF FAME CLASSIC IS A NCAA MULTI-TEAM COLLEGE BASKETBALL TOURNAMENT HELD IN KANSAS CITY, MO. EACH NOVEMBER, FOUR TEAMS FROM ACROSS THE NATION COMPETE IN THE ANNUAL EVENT WITH THE CHAMPIONSHIP ROUNDS IN KANSAS CITY, MO. EVERY PARTICIPATING TEAM IS GUARANTEED TWO GAMES IN ACCORDANCE WITH NCAA RULES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director/4th Vice President | OfficerTrustee | 2 | $0 |
Name Not Listed Director/past-President | OfficerTrustee | 2 | $0 |
Name Not Listed Director/past-President | OfficerTrustee | 2 | $0 |
Name Not Listed Director/1st Vice President | OfficerTrustee | 2 | $0 |
Name Not Listed Director/president | OfficerTrustee | 2 | $0 |
Name Not Listed Director/2nd Vice President | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ropes & Gray Llp Legal | 9/29/23 | $286,808 |
Blue Ridge Sports & Entertainment Production | 9/29/23 | $117,125 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,000 |
| Noncash contributions included in lines 1a–1f | $68,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,000 |
| Total Program Service Revenue | $2,193,899 |
| Investment income | $166,788 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4,243,252 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,263 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,722 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,695,130 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,950 |
| Grants and other assistance to domestic individuals. | $198,830 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,359,001 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $656,026 |
| Pension plan accruals and contributions | $49,478 |
| Other employee benefits | $77,359 |
| Payroll taxes | $46,297 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $252,227 |
| Fees for services: Accounting | $43,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $513,379 |
| Advertising and promotion | $223,944 |
| Office expenses | $145,436 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $301,614 |
| Travel | $298,810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,021,877 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,580 |
| Insurance | $47,660 |
| All other expenses | $105,083 |
| Total functional expenses | $6,122,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,644,572 |
| Savings and temporary cash investments | $176,011 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $240,236 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $286,444 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $124,632 |
| Net Land, buildings, and equipment | $18,206 |
| Investments—publicly traded securities | $3,729,998 |
| Investments—other securities | $999,720 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,048 |
| Total assets | $8,311,867 |
| Accounts payable and accrued expenses | $243,594 |
| Grants payable | $0 |
| Deferred revenue | $1,107,322 |
| 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 | $96,062 |
| Total liabilities | $1,446,978 |
| Net assets without donor restrictions | $6,864,889 |
| 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 | $8,311,867 |
Grants Awarded
Over the last fiscal year, National Association Of Basketball Coaches has awarded $120,850 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NABC FOUNDATION PURPOSE: BENEVOLENT FUND | $50,000 |
THE JOHN MCLENDON MINORITY LEADERSHIP INITIATIVE FOUNDATION PURPOSE: MINORITY LEADERSHIP INITIATIVE | $50,000 |
UNIVERSITY OF CONNECTICUT PURPOSE: WINNING TEAM OF MEN'S FINAL FOUR TOURNAMENT | $20,850 |