Basketball Embassy
- Assets
- $52.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 35-2586465
Organization Overview
Basketball Embassy is located in San Antonio, TX. The organization was established in 2017. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Basketball Embassy 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 12/2021, Basketball Embassy generated $90.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $81.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chis M Dial President And CEO | 20 | $30,882 | |
Zack M Dischiano Communications Director | 20 | $18,530 | |
Eric Bitoni Youth Ambassadors Coordinator | 20 | $7,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,946 |
| Total Program Service Revenue | $19,884 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,176 |
| Other Revenue | $0 |
| Total Revenue | $90,006 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,412 |
| Professional fees and other payments to independent contractors | $8,354 |
| Occupancy, rent, utilities, and maintenance | $1,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,282 |
| Total expenses | $81,548 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,284 |
| Other assets | $0 |
| Total assets | $52,772 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,772 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Basketball Embassy has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Harvey E Najim Charitable Foundation San Antonio, TX PURPOSE: ASSIST CHILDREN | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fab44 Basketball Little Rock, AR | $330,408 | $643,978 |
3 The Harden Way Inc Houston, TX | $336,712 | $584,859 |
Katy Youth Basketball Inc Katy, TX | $227,732 | $452,078 |
Texas Tar Heels Basketball Academy Inc Lewisville, TX | $61,936 | $350,622 |
Austin Lady Magic Austin, TX | $23,821 | $302,214 |
Elite Youth Proskills Basketball Mckinney, TX | $241,998 | $146,130 |
Red River Athletic Conference Inc Waco, TX | $52,838 | $226,033 |
Team Buddy Buckets Norman, OK | $39,223 | $229,522 |
Westlake Youth Basketball Association Austin, TX | $248,792 | $229,746 |
D-1 Prospects Inc San Antonio, TX | $2,390 | $0 |
Onecrew Fulshear, TX | $0 | $154,536 |
Texas Association Of Basketball Coaches Inc Sugarland, TX | $333,522 | $284,944 |