Filipino American Basketball Association Of Metropolitan Dc Inc
Filipino American Basketball Association shows fluctuating revenues and consistent zero officer compensation.
EIN: 20551088 · Las Vegas, NV · NTEE: N62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18K |
| Total Expenses | $4K |
| Program Spending | 80% |
| Net Assets | $0 |
| Transparency Score | 75/100 |
Is Filipino American Basketball Association Of Metropolitan Dc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Filipino American Basketball Association Of Metropolitan Dc Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Filipino American Basketball Association Of Metropolitan Dc Inc
Filipino American Basketball Association Of Metropolitan Dc Inc (EIN: 20551088) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code N62. The organization reported total revenue of $18K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Filipino American Basketball Association Of Metropolitan Dc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Filipino American Basketball Association Of Metropolitan Dc Inc is a micro nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -90.8% | +346.0% |
| 2021 | +272.6% | +380.9% | +21.2% |
| 2020 | -77.8% | -85.0% | -56.6% |
| 2019 | +71.7% | +100.1% | +58.4% |
| 2018 | +370.0% | +349.3% | +230.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Filipino American Basketball Association Of Metropolitan Dc Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Filipino American Basketball Association Of Metropolitan Dc Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based and does not draw a salary, which is highly favorable for a nonprofit of this 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 Filipino American Basketball Association Of Metropolitan Dc Inc's IRS 990 filings:
- Inconsistent revenue generation, including $0 revenue in 2023.
- Liabilities matching assets in recent filings (e.g., 2023 and 2021), indicating a potentially precarious financial position or specific restricted funds.
Strengths
The following positive indicators were identified for Filipino American Basketball Association Of Metropolitan Dc Inc:
- Consistent 0% officer compensation across all filings, indicating volunteer leadership and efficient use of funds.
- Maintained positive assets over time, despite revenue fluctuations.
- Long filing history (11 filings) demonstrates ongoing operations and compliance.
Frequently Asked Questions about Filipino American Basketball Association Of Metropolitan Dc Inc
Is Filipino American Basketball Association Of Metropolitan Dc Inc a legitimate charity?
Filipino American Basketball Association Of Metropolitan Dc Inc (EIN: 20551088) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $18K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Filipino American Basketball Association Of Metropolitan Dc Inc spend its money?
Filipino American Basketball Association Of Metropolitan Dc Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Filipino American Basketball Association Of Metropolitan Dc Inc tax-deductible?
Filipino American Basketball Association Of Metropolitan Dc Inc is registered as a tax-exempt nonprofit (EIN: 20551088). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Filipino American Basketball Association Of Metropolitan Dc Inc's spending goes to programs?
Filipino American Basketball Association Of Metropolitan Dc Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Filipino American Basketball Association Of Metropolitan Dc Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Filipino American Basketball Association Of Metropolitan Dc 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 Filipino American Basketball Association Of Metropolitan Dc Inc located?
Filipino American Basketball Association Of Metropolitan Dc Inc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 20551088. It is classified under NTEE code N62.
How many years of IRS 990 filings does Filipino American Basketball Association Of Metropolitan Dc Inc have?
Filipino American Basketball Association Of Metropolitan Dc Inc has 11 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 $18K in total revenue.
Is Filipino American Basketball Association Of Metropolitan Dc Inc financially stable?
The organization shows fluctuating financial stability. While it has maintained positive assets, the matching of assets and liabilities in recent years (e.g., $13,996 in both in 2023) suggests a tight financial position or specific obligations that balance out assets.
How does the organization manage its expenses?
The organization's expenses have generally tracked its revenue, with periods of slight deficits (e.g., $53,988 expenses vs. $50,838 revenue in 2019) and surpluses. Without detailed expense breakdowns, it's difficult to assess specific management strategies, but the consistent 0% officer compensation suggests efficient use of funds at the leadership level.
What is the trend in the organization's revenue?
Revenue has been highly variable, ranging from $0 in 2023 to a high of $50,838 in 2019. This fluctuation suggests reliance on event-based income or grants that are not consistent year-to-year.
Filing History
IRS 990 filing history for Filipino American Basketball Association Of Metropolitan Dc Inc showing financial trends over 11 years of public records:
Total assets increased by 547.7% over the same period, from $2K to $14K. Total functional expenses fell by 30.6%, from $5K to $4K. The organization holds $14K in liabilities against $14K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $4K | $14K | $14K | — | — |
| 2021 | $42K | $39K | $3K | $3K | — | — |
| 2020 | $11K | $8K | $3K | $0 | — | View 990 |
| 2019 | $51K | $54K | $6K | $0 | — | View 990 |
| 2018 | $30K | $27K | $4K | $0 | — | View 990 |
| 2017 | $6K | $6K | $1K | $0 | — | View 990 |
| 2016 | $848 | $9K | $848 | $0 | — | View 990 |
| 2015 | $25K | $20K | $25K | $20K | — | View 990 |
| 2014 | $29K | $18K | $11K | $0 | — | View 990 |
| 2013 | $18K | $16K | $2K | $0 | — | View 990 |
| 2011 | $0 | $5K | $2K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $4K, and assets of $14K (revenue -100.0% year-over-year).
- 2021: Revenue of $42K, expenses of $39K, and assets of $3K (revenue +272.6% year-over-year).
- 2020: Revenue of $11K, expenses of $8K, and assets of $3K (revenue -77.8% year-over-year).
- 2019: Revenue of $51K, expenses of $54K, and assets of $6K (revenue +71.7% year-over-year).
- 2018: Revenue of $30K, expenses of $27K, and assets of $4K (revenue +370.0% year-over-year).
- 2017: Revenue of $6K, expenses of $6K, and assets of $1K (revenue +642.9% year-over-year).
- 2016: Revenue of $848, expenses of $9K, and assets of $848 (revenue -96.6% year-over-year).
- 2015: Revenue of $25K, expenses of $20K, and assets of $25K (revenue -14.5% year-over-year).
- 2014: Revenue of $29K, expenses of $18K, and assets of $11K (revenue +64.2% year-over-year).
- 2013: Revenue of $18K, expenses of $16K, and assets of $2K.
- 2011: Revenue of $0, expenses of $5K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Filipino American Basketball Association Of Metropolitan Dc Inc:
Data Sources and Methodology
This transparency report for Filipino American Basketball Association Of Metropolitan Dc 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.