Chattanooga Elite Basketball Inc
- Assets
- $124.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 01/2013
- Data as of
- 12/2019
- EIN
- 45-3656244
Organization Overview
Chattanooga Elite Basketball Inc is located in Chattanooga, TN. The organization was established in 2013. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chattanooga Elite Basketball Inc 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 12/2019, Chattanooga Elite Basketball Inc generated $83.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $129.5k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
CHATTANOOGA ELITE BASKETBALL USES ATHLETICS TO PROMOTE ACADEMICS TO APPROXIMATELY 150 STUDENT ATHLETES. WE ALSO CONDUCT LEADERSHIP WORKSHOPS, COACHES CLINICS AND PARTICIPATE IN COMMUNITY SERVICE PROJECTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Hunt Chairman Of The Board | 15 | $0 | |
Suzanne Sommerville Treasurer | 20 | $0 | |
Kelcey Watson President | 35 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,650 |
| Total Program Service Revenue | $43,038 |
| Membership dues | $31,876 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,564 |
| Statement of Expenses | |
|---|---|
| Total expenses | $129,476 |
| Balance Sheet | |
|---|---|
| Total assets | $124,109 |
| Total liabilities | $0 |
| Net assets or fund balances | $124,109 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chattanooga Elite Basketball Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Hamico Inc Chattanooga, TN PURPOSE: DONATION | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Americas Foundation Reston, VA | $108,030,545 | $39,445,693 |
Youth Enrichment Program Of Wilson Wilson, NC | $22,968,665 | $15,099,824 |
Seeding Success Memphis, TN | $15,830,696 | $16,460,800 |
Camp War Eagle Inc Rogers, AR | $15,866,509 | $9,318,920 |
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |
Tennessee Soccer Club Inc Brentwood, TN | $2,122,655 | $5,672,715 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Kingdom House St Louis, MO | $3,626,338 | $5,069,438 |
Youth Bridge Properties Inc Fayetteville, AR | $0 | $256,554 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
People-Providing Equal Opportunities Promoting Learning Little Rock, AR | $39,869,871 | $7,557,371 |