Dream Big Basketball Academy
- Assets
- $136.9k
- Revenue
- $403.8k
- Investments
- $0.0
- Employees
- 16
- Location
- Huntersville, NC
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-0884622
Organization Overview
Dream Big Basketball Academy is located in Huntersville, NC. The organization was established in 2014. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 12/2021, Dream Big Basketball Academy employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dream Big Basketball Academy 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, Dream Big Basketball Academy generated $403.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $375.8k during the year ending 12/2021. While expenses have increased by 18.3% 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
TO TEACH YOUTH BASKETBALL AND WE ARE LOOKING FOR OUR PLAYERS TO DREAM BIG, WORK HARD, AND STAY HUMBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASKETBALL CAMPS (FULL AND HALF DAYS) FOR BOYS AND GIRLS (GRADES 1-9). CONDUCTED BY EXPERIENCED COACHES/ROLE MODELS. 492 KIDS PARTICIPATED AND 58 KIDS RECEIVED SCHOLARSHIPS.
BASKETBALL SKILLS GROUP SESSION CAMPS (NIGHTS,WEEKENDS, SOME HOLIDAYS) FOR KIDS (K-12) CONDUCTED BY EXPERIENCED COACHES/ROLE MODELS. 584 KIDS PARTICIPATED AND 39 RECEIVED SCHOLARSHIPS.
GIRLS TEAM BASKETBALL (GRADES 4-11) WITH PRACTICE AND GAMES ON NIGHTS AND WEEKENDS. TEAMS ARE LED BY EXPERIENCED COACHES/ROLE MODELS. 134 KIDS PARTICIPATED AND 11 RECEIVED SCHOLARSHIPS.
OTHER PROGRAM SERVICES EXPENSES: OFFICE EXPENSE $727; PAYROLL EXPENSES $15,484; OTHER FEES $1,676; RENT AND LEASE $9,627; TRAVEL AND MEALS $1,053; ADVERTISING AND PROMOTION $1,734; DEPRECIATION EXPENSE $405; ALL OTHER $1,668--TOTAL $32,374 OTHER PROGRAM SERVICES REVENUE: SMALL GROUPS $4,611; PRE-K HOOPS $5,920; HOME SCHOOL HOOPS $,6,650; TOURNAMENT $5,415; PRIVATE SKILLS TRAINING $4,277; CLINICS $1,122; GRANT (COVID-19) $42,609 --TOTAL $70,604
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Holm Executive Director | 40 | $43,200 | |
Donte Watson Basketball Coach | Officer | 40 | $38,595 |
Rashon Frazier Basketball Coach | Officer | 40 | $28,880 |
Ben Stywall Basketball Coach | Officer | 5 | $8,747 |
Chris Kuiatkowski President | Officer | 3 | $0 |
Courtney Mcmenamin Secretary | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $42,609 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,274 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,883 |
| Total Program Service Revenue | $349,941 |
| 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 | $403,831 |
| 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. | $110,675 |
| Compensation of current officers, directors, key employees. | $22,135 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,831 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,333 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,643 |
| Advertising and promotion | $17,339 |
| Office expenses | $7,273 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $96,272 |
| Travel | $10,531 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,054 |
| Insurance | $2,615 |
| All other expenses | $0 |
| Total functional expenses | $375,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,840 |
| Savings and temporary cash investments | $117,112 |
| 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 | $3,015 |
| Net Land, buildings, and equipment | $13,897 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $136,864 |
| 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 | $0 |
| Other liabilities | $129,900 |
| Total liabilities | $129,900 |
| 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 | $6,964 |
| Total liabilities and net assets/fund balances | $136,864 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chattanooga C A R E S Inc Chattanooga, TN | $10,951,449 | $26,744,749 |
Nc United Methodist Camp & Retreat Ministries Inc Garner, NC | $10,710,131 | $6,862,775 |
Boys & Girls Club Of Lanier Inc Gainesville, GA | $11,561,419 | $9,878,152 |
Bridges Usa Inc Memphis, TN | $7,961,140 | $3,313,515 |
Childrens Attention Home Inc Rock Hill, SC | $6,698,332 | $3,040,147 |
Children 1st Community Development Services Atlanta, GA | $152,854 | $873,207 |
Jhett Micheal Scholars Foundation Inc Atlanta, GA | $37,855 | $825,305 |
Jeans Angels Moncks Corner, SC | $63,507 | $760,973 |
Memphis Inner City Rugby Nashville, TN | $1,192,644 | $384,928 |
Southern Appalachian Ronald Mcdonald House Charities Inc Johnson City, TN | $3,448,696 | $658,530 |
Cor Inc Atlanta, GA | $605,408 | $1,029,976 |
Novaskye Youth Foundation Inc Riverdale, GA | $82,187 | $665,479 |