Premier Basketball Club
- Assets
- $161.2k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 7
- Location
- Centennial, CO
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-0761408
Organization Overview
Premier Basketball Club is located in Centennial, CO. The organization was established in 2014. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Premier Basketball Club employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Premier Basketball Club 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, Premier Basketball Club generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 10.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES AN EXCEPTIONAL PERSONAL DEVELOPMENT EXPERIENCE THROUGH THE GAME OF BASKETBALL FOR YOUTH AGES 3 TO 19 BY TEACHING THE VALUES OF HARD WORK AND ACCOUNTABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES AN EXCEPTIONAL PERSONAL DEVELOPMENT EXPERIENCE THROUGH THE GAME OF BASKETBALL FOR YOUTH AGES 3 TO 19 BY TEACHING THE VALUES OF HARD WORK AND ACCOUNTABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Bolding President | OfficerTrustee | 50 | $85,000 |
Wendy Dominguez Vice President | OfficerTrustee | 1 | $0 |
Hedi Palmer Treasurer | OfficerTrustee | 1 | $0 |
Jen Anderson Secretary | OfficerTrustee | 1 | $0 |
Nate Rutter Director | Trustee | 1 | $0 |
Dereck Dominguez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,406 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,053 |
| Total Program Service Revenue | $1,186,349 |
| 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 | $1,314,402 |
| 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. | $85,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $248,623 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,868 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,853 |
| Advertising and promotion | $4,364 |
| Office expenses | $12,080 |
| Information technology | $14,819 |
| Royalties | $0 |
| Occupancy | $269,714 |
| Travel | $117,210 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,210 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,261 |
| All other expenses | $3,780 |
| Total functional expenses | $1,286,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,250 |
| 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 | -$6,340 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $71,186 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,075 |
| Total assets | $161,171 |
| 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 | $25,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $101,228 |
| Total liabilities | $126,228 |
| Net assets without donor restrictions | $34,943 |
| 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 | $161,171 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Premier Basketball Club has recieved totaling $48.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $48 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fiesta Events Inc Scottsdale, AZ | $1,392,711 | $3,617,988 |
United States Hang Gliding And Paragliding Association Colorado Springs, CO | $2,767,707 | $1,901,590 |
Premier Basketball Club Centennial, CO | $161,171 | $1,314,402 |
Relentless Volleyball Club Inc Aurora, CO | $250,213 | $1,096,490 |
Impact Athletics Oklahoma City, OK | $15,141 | $1,066,538 |
World Players Of Handball Foundation Tucson, AZ | $166,054 | $872,973 |
Youth Spirit Squads Inc Albuquerque, NM | $479,002 | $594,830 |
Havasu Balloon Festival And Fair Inc Lake Havasu City, AZ | $147,153 | $554,969 |
Cm Baseball League Scottsdale, AZ | $78,630 | $550,254 |
Bike Walk Nebraska Omaha, NE | $389,710 | $260,678 |
Arizona Sports And Entertainment Commission Scottsdale, AZ | $219,813 | $254,364 |
Mountain Air Ranch Corporation Littleton, CO | $675,940 | $566,569 |