Quick charity verification for Basketball Development Group Inc (EIN: 161643395)
Verdict: Basketball Development Group Inc appears trustworthy
92/100Mission Score
$272KRevenue
$63KAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
Anomaly of zero revenue and expenses reported in 2020 filing
Strengths
Consistent revenue growth, especially from 2021 to 2023
Zero reported liabilities across all filings
Zero officer compensation, indicating high efficiency and dedication to mission
Steady growth in assets over recent years
Consistent IRS 990 filing history (13 filings) demonstrating transparency
Spending Breakdown
How Basketball Development Group Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Basketball Development Group Inc
Is Basketball Development Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Basketball Development Group Inc (EIN: 161643395) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Basketball Development Group Inc a good charity to donate to?
Basketball Development Group Inc has a Mission Score of 92/100. Revenue: $272K. Assets: $63K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Basketball Development Group Inc?
The Employer Identification Number (EIN) for Basketball Development Group Inc is 161643395. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Basketball Development Group Inc spend its money?
Basketball Development Group Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Basketball Development Group Inc's tax-exempt status?
You can verify Basketball Development Group Inc's tax-exempt status using EIN 161643395 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Basketball Development Group Inc. demonstrates consistent operational activity, with revenues and expenses showing a general upward trend over the past few years, particularly a significant increase from $125,472 in 2021 to $252,536 in 2023. The organization consistently reports zero liabilities and zero officer compensation, which are strong indicators of financial stability and a commitment to directing resources towards its mission rather than executive salaries. Their asset base has also grown steadily, from $12,380 in 2021 to $37,411 in 2023, suggesting prudent financial management and accumulation of reserves.
The organization's spending efficiency appears strong, as expenses are consistently close to revenues, indicating that most incoming funds are utilized for current operations. For example, in 2023, expenses were $234,421 against revenues of $252,536, resulting in a modest surplus. The absence of reported officer compensation further enhances their spending efficiency, as a larger portion of funds can be allocated to program services. The consistent filing of IRS 990 forms over 13 periods also points to a good level of transparency.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories within the provided data, a precise assessment of spending efficiency is challenging. The 2020 filing showing zero revenue and expenses is an anomaly that warrants further investigation to understand its context, though subsequent years show a strong recovery. Overall, the organization appears to be financially healthy and responsibly managed, with a clear focus on its mission given the lack of executive compensation.