Pink Elite Club Basketball
- Assets
- $43.2k
- Revenue
- $532.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Plainfield, IL
- Founding
- 09/2018
- Data as of
- 06/2023
- EIN
- 82-3150021
Organization Overview
Pink Elite Club Basketball is located in Plainfield, IL. The organization was established in 2018. As of 06/2023, Pink Elite Club Basketball employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pink Elite Club 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 06/2023, Pink Elite Club Basketball generated $532.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 39.0% each year . All expenses for the organization totaled $528.5k during the year ending 06/2023. While expenses have increased by 42.0% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PINKALICOUS AND PINK ELITE BASKETBALL PROVIDES AN OUTSTANDING EXPERIENCE OF EDUCATING YOUNG GIRLS IN THE GAME OF BASKETBALL. THIS HIGH QUALITY PROGRAM WILL ACCOMPLISH ADVANCED FUNDAMENTAL SKILL DEVELOPMENT, WHILE PROVIDING DIRECTION IN STRATEGIES AND TACTICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PINK ELITE BASKETBALL GREW TO 165 GIRLS/12 CLUB TEAMS (3RD GRADE-8TH GRADE) PLAYING OVER 40 GAMES PER TEAM.
PINK ELITE CLUB BASKETBALL CONSISTS OF 21 GIRLS BASKETBALL TEAMS IN PLAINFIELD, OSWEGO, AND NAPERVILLE, ILLINOIS. THE PROGRAM HAS GROWN FROM JUST ONE TEAM CONSISTING OF 10 GIRLS TO 140 GIRLS WITHIN THE PAST YEAR. PINK ELITE RAISED 10,000 IN 2022/2023 TO HELP SUPPORT SEVERAL GIRLS WHO COULDN'T AFFORD TUITION FEES. PINK ELITE GIVES BACK TO 21 FAMILIES DURING CHRISTMAS. WE SPONSOR 21 FAMILIS (APPROXIMATELY 600 PER FAMILY).
PINK ELITE RUNS A HIGHSCHOOL PROGRAM (50 GIRLS)
PINK ELITE CLUB BASKETBALL EMPLOYEES+20 COACHES TO SUPPORT OUR GIRLS TO BECOME A BETTER STUDENT ATHLETE. MANY OF THE COACHES GO ABOVE AND BEYOND TO SUPPORT PINK ELITE IN THE COMMUNITY. PINK ELITE CLUB BASKETBALL HAS MENTORED TO THESE COACHES TO BECOME HIGH SCHOOL AND COLLEGE COACHES. IN 2022/2023, FIVE COACHES BECAME HIGHSCHOOL OR COLLEGE COACHES WITHIN OUR LOCAL COMMUNITY.
PINK ELITE HAS A SEPARATE PROGRAM FOR GIRLS HER UNABLE TO PLAY ON THE COMPETIVE CLUB CIRCUIT. IN 2022 AND 2023, WE HAD +140 GIRLS COMPETE IN OUR OWN IN-HOUSE LEAGUE. THE LEAGUE CONSISTS OF A 45 MINUTE SKILLS TRAINING AND THEN 45 MINUTES OF GAME PLAY. THE GOAL IS TO GET THEM READY TO PLAY CLUB BASKETBALL IF THAT IS THERE GOAL.
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 |
|---|---|---|---|
Chelsea Herron Director & O | OfficerTrustee | $0 | |
Steve Herron CFO | OfficerTrustee | $0 | |
Patrick Shaw Director | Trustee | $0 | |
Chelsea Herron Director & O | OfficerTrustee | 60 | $54,252 |
Brittany Mcwaine Director | Trustee | 20 | $11,861 |
Steve Herron CFO | OfficerTrustee | 20 | $9,840 |
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 | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $519,424 |
| 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 | $531,987 |
| 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. | $106,309 |
| Compensation of current officers, directors, key employees. | $106,309 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $900 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,023 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,806 |
| 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 | $159,056 |
| Advertising and promotion | $1,868 |
| Office expenses | $15,293 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $104,230 |
| Travel | $14,728 |
| 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 | $1,900 |
| All other expenses | $25,549 |
| Total functional expenses | $528,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,047 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $770 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $341 |
| Total assets | $43,158 |
| Accounts payable and accrued expenses | $9,059 |
| 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 | $0 |
| Total liabilities | $9,059 |
| Net assets without donor restrictions | $34,099 |
| 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 | $43,158 |