Nbba Foundation is located in Novato, CA. The organization was established in 2020. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Nbba Foundation 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 12/2023, Nbba Foundation generated $50.0k in total revenue. All expenses for the organization totaled $59.1k during the year ending 12/2023.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ENCOURGE, FOSTER, & PROMOTE THE SPORT OF BASKETBALL IN NORTHERN CALIFORNIA. THIS IS ACCOMPLISHED BY PROVIDED GRANTS TO INDIVIDUALS AND ORGANIZATIONS IN ORDER TO LEARN AND GROW IN THE SPORT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Winter President | 1 | $0 | |
Joseph Harris CEO | 1 | $0 | |
Andy Viera Secretary | 1 | $0 | |
Tony Butler CFO | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,000 |
| 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 | $1,496 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,627 |
| Total expenses | $59,123 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,767 |
| Other assets | $0 |
| Total assets | $1,767 |
| Total liabilities | $10,718 |
| Net assets or fund balances | -$8,951 |