Nbn Sports Academy Inc is located in New Castle, DE. The organization was established in 2019. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Nbn Sports Academy 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, Nbn Sports Academy Inc generated $92.8k in total revenue. All expenses for the organization totaled $95.1k during the year ending 12/2021.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OUR MISSION: NOTHING BUT NET SPORTS ACADEMY (NBNSA) IS A 501-C3 NON-PROFIT ORGANIZATION WHOLLY DEDICATED TO PROVIDING DELAWARE YOUTH FROM AGES 4 TO 18 WITH SUPERVISED, FUNDAMENTAL LEARNING EXPERIENCES IN ATHLETICS, ACADEMICS AND LIFE SKILLS. NBNSA PROVIDES FINANCIAL ASSISTANCE FOR ELIGIBLE NBNSA STUDENT ATHLETES, OFFERING ACCESS TO OUR PROGRAMS AND CONTRIBUTING TO EDUCATIONAL EXPENSES INCLUDING TUITION FOR MIDDLE SCHOOL TO COLLEGE/TRADE SCHOOL. TEACH AND COACH SKILLS IN A VARIETY OF SPORTS THROUGH CLINICS, LEAGUES AND COMPETITIONS, WHILE ALSO FACILITATING CHARACTER AND SPORTSMANSHIP DEVELOPMENT PROMOTE, ENCOURAGE AND IMPROVE THE STANDARD OF RECREATIONAL AND AMATEUR SPORTS IN DELAWARE FOSTER THE VALUES OF INTEGRITY, FAIR PLAY, TEAMWORK, MUTUAL RESPECT AND THE PURSUIT OF EXCELLENCE THROUGH HARD WORK DEVELOP SELF-CONFIDENCE, CONCENTRATION, DISCIPLINE AND PHYSICAL FITNESS BY FOCUSING ON THE POSITIVE, FUN ASPECTS OF LEARNING REWARD NBNSA STUDENT ATHLETES WHO EXEMPLIFY OUR MISSION BY PROVIDING VARIOUS LEVELS OF FINANCIAL ASSISTANCE WITHIN THE NBNSA PROGRAM AND HELP TO DEFRAY THE COST OF HIGHER EDUCATION IMPART LIFE SKILLS IN AREAS OF NUTRITION AND PERSONAL FINANCE MANAGEMENT VIA ACADEMIC TUTORING AND COMMUNITY SERVICE EXPERIENCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Pritchard Officer | 2 | $0 | |
Lonnie Wright President | 40 | $0 | |
Kelly Albanesse Vice Preside | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $92,791 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $92,791 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $418 |
Occupancy, rent, utilities, and maintenance | $19,940 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $74,703 |
Total expenses | $95,061 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $118 |
Other assets | $0 |
Total assets | $118 |
Total liabilities | $0 |
Net assets or fund balances | $118 |
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