Fab44 Basketball
- Assets
- $330.4k
- Revenue
- $644.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-1731237
Organization Overview
Fab44 Basketball is located in Little Rock, AR. The organization was established in 2016. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fab44 Basketball 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, Fab44 Basketball generated $644.0k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $566.7k during the year ending 12/2021. 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
COMMUNITY SERVICES RELATED TO PROVIDING FOOD TO THE COMMUNITY THRU STATE AND CITY FUNDED PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SERVICES RELATED TO PROVIDING FOOD TO THE COMMUNITY THRU STATE AND CITY FEEDING PROGRAMS
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PDF Copies of 990 Filings
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $643,978 |
| 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 | $643,978 |
| 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 | $90,563 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $942 |
| 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 | $126,720 |
| Advertising and promotion | $2,208 |
| Office expenses | $6,559 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,296 |
| Travel | $3,139 |
| 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 | $8,224 |
| All other expenses | $84,273 |
| Total functional expenses | $566,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,950 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,984 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,754 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $42,490 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $174,230 |
| Total assets | $330,408 |
| Accounts payable and accrued expenses | $9,550 |
| 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 | $149,628 |
| Total liabilities | $159,178 |
| 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 | $171,230 |
| Total liabilities and net assets/fund balances | $330,408 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fab44 Basketball has recieved totaling $26.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Basketball Coaches Kansas City, MO | $7,492,975 | $6,879,648 |
Lake Of The Ozarks Shootout Sunrise Beach, MO | $47,312 | $973,884 |
Fab44 Basketball Little Rock, AR | $330,408 | $643,978 |
Knights Basketball Academy Midwest St Charles, MO | $215,472 | $572,008 |
3 The Harden Way Inc Houston, TX | $336,712 | $584,859 |
Katy Youth Basketball Inc Katy, TX | $227,732 | $452,078 |
Texas Tar Heels Basketball Academy Inc Lewisville, TX | $61,936 | $350,622 |
Austin Lady Magic Austin, TX | $23,821 | $302,214 |
Yanders Law Springfield, MO | $182,701 | $285,827 |
Youth Athletic Foundation Memphis, TN | $99,629 | $277,210 |
Elite Youth Proskills Basketball Mckinney, TX | $241,998 | $146,130 |
Red River Athletic Conference Inc Waco, TX | $52,838 | $226,033 |