Nabi Foundation
- Assets
- $450.3k
- Revenue
- $818.5k
- Investments
- $0.0
- Employees
- 7
- Location
- Phoenix, AZ
- Founding
- 05/2010
- Data as of
- 12/2021
- EIN
- 43-1967299
Organization Overview
Nabi Foundation is located in Phoenix, AZ. The organization was established in 2010. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Nabi Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nabi 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 12/2021, Nabi Foundation generated $818.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $731.8k during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 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.
Since 2020, Nabi Foundation has awarded 14 individual grants totaling $253,596. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NABI FOUNDATION IS A NATIONAL FOUNDATION COMMITTED TO SUPPORTING NATIVE AMERICAN YOUTH BY IMPLEMENTING PROGRAMS THAT ENCOURAGE HIGHER EDUCATION, SPORTS, HEALTH AND WELLNESS AND COMMUNITY BUILDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022 THE NABI FOUNDATION SERVED 1300 NATIVE YOUTH REPRESENTING OVER 150 TRIBAL NATIONS. DURING THIS YEAR THE ORGANIZATION HELD MORE THAN 500 BASKETBALL GAMES, ORGANIZED A COLLEGE AND CAREER FAIR WHICH WAS ATTENDED BY MORE THAN 1300 NATIVE AMERICAN YOUTHS, ORGANIZED A YOUTH EDUCATIONAL SUMMIT WHERE 4 SPEAKERS MADE 8 PRESENTATIONS, AND PARTNERED WITH THE JR. SUNS AND JR. MERCURY TO HOST 3 JR. BASKETBALL CAMPS WHICH WERE ATTENDED BY MORE THAN 100 6TH-8TH GRADERS.
THE ORGANIZATION HELD ITS ANNUAL BASKETBALL TOURNAMENT WHERE THE SEMI-FINAL AND CHAMPIONSHIP GAMES WERE AIRED ON ESPN, THE FIRST TIME AN ALL-NATIVE EVENT WAS BROADCAST ON AN ESPN PLATFORM. THIS EVENT MADE GLOBAL NEWS WHICH ASSISTED WITH PUSHING THE SOCIAL MEDIA REACH OF NABI TO OVER 3.3 MILLION PEOPLE.
NABI FOUNDATION COLLEGE SCHOLARSHIP FUND AWARDED TWO 10,000 SCHOLARSHIPS TO TWO NABI ALUMNI AND ALLOCATED TWO 10,000 SCHOLARSHIPS FOR 2023 AFTER THE CLOSE OF THE ORGANIZATION. THE FOUNDATION ALSO PARTNERED WITH GYMS TO RAISE OVER 100K FOR NATIVE YOUTH BASKETBALL AND YOUTH PROGRAMS. FINALLY, NABI WAS HONORED IN A ORGINATIV PHOENIX SUNS GAME FOR OUR WORK IN THE NATIVE AMERICAN COMMUNITY THROUGH THE SPORT OF BASKETBALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gina Marie Scarpa President CEO | Officer | 50 | $191,482 |
Ernie Stevens Jr Chairman | OfficerTrustee | 2.5 | $0 |
Sammy Goe Vice Chairman | OfficerTrustee | 2.5 | $0 |
Ondrea Barder Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $22,986 |
| Related organizations | $0 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $176,629 |
| Noncash contributions included in lines 1a–1f | $173,870 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $249,615 |
| Total Program Service Revenue | $566,325 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,661 |
| Net Income from Gaming Activities | $4,180 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $818,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $36,813 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $129,533 |
| Compensation of current officers, directors, key employees. | $12,953 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $82,850 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,349 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $295 |
| Fees for services: Accounting | $2,235 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,046 |
| Advertising and promotion | $0 |
| Office expenses | $40,991 |
| Information technology | $14,439 |
| Royalties | $0 |
| Occupancy | $18,000 |
| Travel | $24,951 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,931 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,255 |
| Insurance | $9,398 |
| All other expenses | $0 |
| Total functional expenses | $731,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,065 |
| Savings and temporary cash investments | $203,277 |
| 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 | $919 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $450,261 |
| 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 | $199,906 |
| Other liabilities | $3,165 |
| Total liabilities | $203,071 |
| 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 | $247,190 |
| Total liabilities and net assets/fund balances | $450,261 |
Grants Awarded
Over the last fiscal year, Nabi Foundation has awarded $164,484 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
PHOENIX INDIAN CENTER PURPOSE: General Operations | $51,100 |
AK-CHIN INDIAN COMMUNITY PURPOSE: Language Preservation Program | $20,000 |
FRANCISCAN FRIARS OF THE HOLY SPIRIT PURPOSE: Lights/Bleachers for Outdoor Courts | $15,000 |
MEADOWLARK LEMON LEGACY FOUNDATION PURPOSE: Refurbish Gymnasium | $20,000 |
RUNNING STRONG FND PURPOSE: General Operations | $5,000 |
FT LEWIS COLLEGE PURPOSE: Scholarship Program | $6,000 |