Fab44 Basketball
EIN: 811731237 · Little Rock, AR · NTEE: N62
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $212K |
| Net Assets | $77K |
Is Fab44 Basketball Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fab44 Basketball
Fab44 Basketball (EIN: 811731237) is a nonprofit organization based in Little Rock, AR, classified under NTEE code N62. The organization reported total revenue of $191K and total assets of $148K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fab44 Basketball's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fab44 Basketball is a small nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -45.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $191K |
| Total Expenses | $212K |
| Surplus / Deficit | $-20,774 |
| Total Assets | $148K |
| Total Liabilities | $72K |
| Net Assets | $77K |
| Operating Margin | -10.9% |
| Debt-to-Asset Ratio | 48.3% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2023, Fab44 Basketball reported a deficit of $21K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 48.3% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Fab44 Basketball's revenue has declined at a compound annual growth rate (CAGR) of -45.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.2% | -65.1% | -43.2% |
| 2022 | -35.1% | +7.2% | -21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fab44 Basketball has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fab44 Basketball with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.3%.
Frequently Asked Questions about Fab44 Basketball
Is Fab44 Basketball a legitimate charity?
Fab44 Basketball (EIN: 811731237) is a registered tax-exempt nonprofit based in Arkansas. It has 3 years of IRS 990 filings on record. Total revenue: $191K. No red flags identified. Financial health grade: B.
How does Fab44 Basketball spend its money?
Fab44 Basketball reported $191K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fab44 Basketball tax-deductible?
Fab44 Basketball is registered as a tax-exempt nonprofit (EIN: 811731237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fab44 Basketball located?
Fab44 Basketball is headquartered in Little Rock, Arkansas and files with the IRS under EIN 811731237. It is classified under NTEE code N62.
How many years of IRS 990 filings does Fab44 Basketball have?
Fab44 Basketball has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $191K in total revenue.
Filing History
IRS 990 filing history for Fab44 Basketball showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Fab44 Basketball's revenue has declined by 70.3%, moving from $644K to $191K. Total assets decreased by 55.2% over the same period, from $330K to $148K. Total functional expenses fell by 62.6%, from $567K to $212K. In its most recent filing year (2023), Fab44 Basketball reported a deficit of $21K, with expenses exceeding revenue. The organization holds $72K in liabilities against $148K in assets (debt-to-asset ratio: 48.3%), resulting in net assets of $77K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $191K | $212K | $148K | $72K | — | View 990 |
| 2022 | $418K | $608K | $261K | $164K | — | View 990 |
| 2021 | $644K | $567K | $330K | $159K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $191K, expenses of $212K, and assets of $148K (revenue -54.2% year-over-year).
- 2022: Revenue of $418K, expenses of $608K, and assets of $261K (revenue -35.1% year-over-year).
- 2021: Revenue of $644K, expenses of $567K, and assets of $330K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fab44 Basketball:
Data Sources and Methodology
This transparency report for Fab44 Basketball 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.