Is Nba Players Health And Welfare Benefit Plan Legit?
Quick charity verification for Nba Players Health And Welfare Benefit Plan (EIN: 201260597)
Verdict: Nba Players Health And Welfare Benefit Plan appears trustworthy
85/100Mission Score
$203.0MRevenue
$410.9MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting spending efficiency analysis.
Consistently high liabilities, such as $855,822 in 2023, warrant further investigation into their nature.
Strengths
Consistent growth in assets, from $215,499,186 in 2014 to $410,860,146 currently.
Zero reported officer compensation across all filings, indicating potential efficiency or alternative compensation structures.
Regular IRS 990 filings demonstrate commitment to transparency and compliance.
Strong revenue generation, with latest reported revenue at $202,957,223.
Spending Breakdown
How Nba Players Health And Welfare Benefit Plan allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Nba Players Health And Welfare Benefit Plan
Is Nba Players Health And Welfare Benefit Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, Nba Players Health And Welfare Benefit Plan (EIN: 201260597) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Nba Players Health And Welfare Benefit Plan a good charity to donate to?
Nba Players Health And Welfare Benefit Plan has a Mission Score of 85/100. Revenue: $203.0M. Assets: $410.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nba Players Health And Welfare Benefit Plan?
The Employer Identification Number (EIN) for Nba Players Health And Welfare Benefit Plan is 201260597. 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 Nba Players Health And Welfare Benefit Plan spend its money?
Nba Players Health And Welfare Benefit Plan allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nba Players Health And Welfare Benefit Plan's tax-exempt status?
You can verify Nba Players Health And Welfare Benefit Plan's tax-exempt status using EIN 201260597 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
The NBA Players Health And Welfare Benefit Plan demonstrates consistent financial growth and a strong asset base, with assets reaching $410,860,146. The organization's revenue has fluctuated but generally trended upwards, with the latest reported revenue at $202,957,223. A notable aspect is the absence of reported officer compensation across all available filings, which suggests a lean administrative structure or that compensation is handled through other means not reflected in this specific line item. The plan consistently reports significant liabilities, such as $855,822 in 2023, which warrants further investigation to understand their nature and impact on long-term financial stability.
The organization appears to be financially sound, consistently operating with positive net assets. Its primary function as a benefit plan implies that a significant portion of its expenses would naturally be directed towards program services (i.e., benefits paid out). The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, particularly regarding the allocation between program, administrative, and fundraising costs. However, the consistent growth in assets and revenue, coupled with zero reported officer compensation, indicates a potentially efficient operation focused on its core mission.
Transparency regarding executive compensation is high, as no officer compensation is reported. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a full assessment of spending efficiency and overall transparency is limited. The consistent filing of IRS Form 990s over many years demonstrates a commitment to regulatory compliance and public disclosure of its financial activities.