Basketball Development Group Inc
Basketball Development Group Inc. shows consistent growth and strong financial health with no executive compensation.
EIN: 161643395 · Berlin, NJ · NTEE: N62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $272K |
| Total Expenses | $234K |
| Program Spending | 90% |
| Net Assets | $37K |
| Transparency Score | 92/100 |
Is Basketball Development Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Basketball Development Group Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Basketball Development Group Inc
Basketball Development Group Inc (EIN: 161643395) is a nonprofit organization based in Berlin, NJ, classified under NTEE code N62. The organization reported total revenue of $272K and total assets of $63K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Basketball Development Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Basketball Development Group Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $253K |
| Total Expenses | $234K |
| Surplus / Deficit | +$18K |
| Total Assets | $37K |
| Net Assets | $37K |
| Operating Margin | 7.2% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2023, Basketball Development Group Inc reported a surplus of $18K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Basketball Development Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.0% | +6.2% | +93.9% |
| 2022 | +81.4% | +77.8% | +55.9% |
| 2020 | -100.0% | -100.0% | -100.0% |
| 2019 | -4.1% | -6.4% | +41.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Basketball Development Group Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Basketball Development Group Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Basketball Development Group Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
- Anomaly of zero revenue and expenses reported in 2020 filing
Strengths
The following positive indicators were identified for Basketball Development Group Inc:
- 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
Frequently Asked Questions about Basketball Development Group Inc
Is Basketball Development Group Inc a legitimate charity?
Basketball Development Group Inc (EIN: 161643395) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $272K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Basketball Development Group Inc spend its money?
Basketball Development Group Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Basketball Development Group Inc tax-deductible?
Basketball Development Group Inc is registered as a tax-exempt nonprofit (EIN: 161643395). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Basketball Development Group Inc's spending goes to programs?
Basketball Development Group Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Basketball Development Group Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Basketball Development Group Inc is above average for NTEE category N62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Basketball Development Group Inc located?
Basketball Development Group Inc is headquartered in Berlin, New Jersey and files with the IRS under EIN 161643395. It is classified under NTEE code N62.
How many years of IRS 990 filings does Basketball Development Group Inc have?
Basketball Development Group Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $272K in total revenue.
Is Basketball Development Group Inc. financially stable?
Yes, the organization appears financially stable, consistently reporting zero liabilities and growing assets from $12,380 in 2021 to $37,411 in 2023, alongside a consistent track record of revenue generation.
How has the organization's revenue changed over time?
Revenue has shown significant growth, particularly from $125,472 in 2021 to $252,536 in 2023, indicating increasing support and activity after a period of lower or zero revenue in 2020.
Does the organization pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no salaries are paid to the organization's officers.
What caused the zero revenue and expenses in 2020?
The provided data does not specify the reason for the zero revenue and expenses in 2020. This could be due to a temporary halt in operations, a change in reporting, or an error, but the organization recovered strongly in subsequent years.
Filing History
IRS 990 filing history for Basketball Development Group Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Basketball Development Group Inc's revenue has grown by 69.3%, moving from $149K to $253K. Total assets increased by 243.3% over the same period, from $11K to $37K. Total functional expenses rose by 53.7%, from $153K to $234K. In its most recent filing year (2023), Basketball Development Group Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $253K | $234K | $37K | $0 | — | View 990 |
| 2022 | $228K | $221K | $19K | $0 | — | — |
| 2021 | $125K | $124K | $12K | $0 | — | View 990 |
| 2020 | $0 | $0 | $0 | $0 | — | View 990 |
| 2019 | $141K | $136K | $17K | $0 | — | View 990 |
| 2018 | $147K | $145K | $12K | $0 | — | View 990 |
| 2017 | $178K | $173K | $10K | $0 | — | View 990 |
| 2016 | $170K | $172K | $6K | $0 | — | View 990 |
| 2015 | $160K | $163K | $7K | $0 | — | View 990 |
| 2014 | $195K | $196K | $10K | $0 | — | View 990 |
| 2013 | $190K | $190K | $12K | $0 | — | View 990 |
| 2012 | $183K | $183K | $11K | $0 | — | View 990 |
| 2011 | $149K | $153K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $253K, expenses of $234K, and assets of $37K (revenue +11.0% year-over-year).
- 2022: Revenue of $228K, expenses of $221K, and assets of $19K (revenue +81.4% year-over-year).
- 2021: Revenue of $125K, expenses of $124K, and assets of $12K.
- 2020: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2019: Revenue of $141K, expenses of $136K, and assets of $17K (revenue -4.1% year-over-year).
- 2018: Revenue of $147K, expenses of $145K, and assets of $12K (revenue -17.3% year-over-year).
- 2017: Revenue of $178K, expenses of $173K, and assets of $10K (revenue +4.4% year-over-year).
- 2016: Revenue of $170K, expenses of $172K, and assets of $6K (revenue +6.5% year-over-year).
- 2015: Revenue of $160K, expenses of $163K, and assets of $7K (revenue -17.9% year-over-year).
- 2014: Revenue of $195K, expenses of $196K, and assets of $10K (revenue +2.2% year-over-year).
- 2013: Revenue of $190K, expenses of $190K, and assets of $12K (revenue +3.8% year-over-year).
- 2012: Revenue of $183K, expenses of $183K, and assets of $11K (revenue +22.9% year-over-year).
- 2011: Revenue of $149K, expenses of $153K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Basketball Development Group Inc:
Data Sources and Methodology
This transparency report for Basketball Development Group Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.