Ujiri Foundation Inc
- Assets
- $1.0m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-1720459
Organization Overview
Ujiri Foundation Inc is located in Denver, CO. The organization was established in 2014. 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. Ujiri Foundation 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 12/2021, Ujiri Foundation Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 30.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO USE BASKETBALL AS A MEANS TO EDUCATE AND ENRICH THE LIVES OF THE YOUTH OF AFRICA. AIM TO PROVIDE QUALITY FACILITIES, COACHING AND INSTRUCTION WHILE ENHANCING THE GROWTH OF THE GAME OF BASKETBALL WITHIN AFRICA. STRIVE TO CREATE A PATHWAY FOR THE YOUTH TO USE THE GAME TO CREATE OPPORTUNITY TO BETTER THEIR LIVES WITH EDUCATION AS ITS FOUNDATION, BASKETBALL AS A TOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOP 50 CAMP - THE TOP 50 CAMP PROVIDES YOUTH WITH AN OPPORTUNITY TO LEARN THE BASIC FUNDAMENTALS OF BASKETBALL IN A CAMP SETTING WITH INSTRUCTION FROM THE BEST FOREIGN AND NATIONAL COACHES. THE CAMP HAS BECOME A PREMIER YOUTH SPORTING EVENT IN NIGERIA AND FEATURES 50 OF THE BEST PLAYERS BETWEEN THE AGES OF 11-18 SCOUTED FROM ACROSS NIGERIA, AND CONSISTS OF THREE INTENSE DAYS OF INSTRUCTION, FROM LIFE SKILLS TO BASKETBALL DRILLS, THE YOUTH ARE TAUGHT WHAT IT TAKES TO BECOME A BETTER PLAYER BOTH ON AND OFF THE COURT. THE EXPENSES BELOW INCLUDE PAYMENTS TO THE DIRECTOR OF BASKETBALL OPERATIONS IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Masai Ujiri President & CEO | OfficerTrustee | 5 | $0 |
Dennis Ogbe Vice President | OfficerTrustee | 1 | $0 |
Ramatu Ujiri Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,962,841 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,962,841 |
| Total Program Service Revenue | $0 |
| 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 | $1,963,081 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,083 |
| 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 | $288,535 |
| Advertising and promotion | $18,109 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24 |
| Travel | $152,492 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $20,575 |
| Total functional expenses | $1,847,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $782,763 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,304 |
| 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 | $129,107 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,019,174 |
| Accounts payable and accrued expenses | $42,500 |
| Grants payable | $0 |
| Deferred revenue | $593,394 |
| 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 | $11,532 |
| Total liabilities | $647,426 |
| Net assets without donor restrictions | $371,748 |
| 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 | $1,019,174 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Ujiri Foundation Inc has recieved totaling $125,000.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Youth Development | $50,000 |
National Basketball Players Assoc Foundation New York, NY PURPOSE: TO SUPPORT YOUTH SPORTS AND OTHER CHARITABLE PURPOSES | $25,000 |
National Basketball Players Assoc Foundation New York, NY PURPOSE: TO SUPPORT YOUTH SPORTS AND OTHER CHARITABLE PURPOSES | $25,000 |
National Basketball Players Assoc Foundation New York, NY PURPOSE: TO SUPPORT YOUTH SPORTS AND OTHER CHARITABLE PURPOSES | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tulsa Educare Inc Tulsa, OK | $26,958,930 | $20,318,102 |
Stand For The Silent Inc Perkins, OK | $889,186 | $11,940,386 |
Completely Kids Omaha, NE | $26,441,934 | $8,738,088 |
Colorado Youth For A Change Denver, CO | $1,559,265 | $5,423,176 |
Success In Education Foundation Salt Lake City, UT | $7,564,005 | $8,489,669 |
Oklahoma Alliance Of Ymcas Inc Oklahoma City, OK | $389,109 | $2,930,749 |
Geneva Glen Camp Incorporated Indian Hills, CO | $9,204,342 | $3,964,068 |
Illuminate Colorado Inc Denver, CO | $1,321,763 | $2,672,102 |
Thrive Inc Oklahoma City, OK | $1,516,185 | $2,804,552 |
Campesinos Sin Fronteras Somerton, AZ | $2,783,493 | $3,390,552 |
Youthworks Santa Fe, NM | $671,806 | $2,396,465 |
Liahona Academy For Youth Non Profit Organization Saint George, UT | $87,694 | $1,967,824 |