Georgia Stars Basketball Inc

Georgia Stars Basketball Inc. consistently operates with revenues around $250,000 and zero liabilities, showing strong financial stability.

EIN: 134212335 · Adairsville, GA · NTEE: O50 · Updated: 2026-03-28

$246KRevenue

$206KAssets

90/100Mission Score (Excellent)

O50

About Georgia Stars Basketball Inc

Georgia Stars Basketball Inc (EIN: 134212335) is a nonprofit organization based in Adairsville, GA, classified under NTEE code O50. The organization reported total revenue of $246K and total assets of $206K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgia Stars Basketball Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Georgia Stars Basketball Inc. demonstrates consistent operational activity with revenues generally in the low to mid-$200,000s, though with some fluctuations, such as a peak revenue of $520,520 in 2017. The organization has maintained a healthy financial position with zero reported liabilities across all available filings, indicating strong fiscal management and no reliance on debt. While the specific breakdown of program, administrative, and fundraising expenses isn't explicitly detailed in the provided summary, the consistent reporting and lack of officer compensation suggest a commitment to directing resources towards its mission. The organization's assets have shown growth over time, from $10,109 in 2015 to $217,298 in 2023, further solidifying its financial stability.

Spending efficiency appears reasonable, with expenses often closely tracking revenues, though there have been periods of deficit spending (e.g., $226,442 expenses vs. $203,491 revenue in 2023) and surplus (e.g., $165,409 expenses vs. $189,059 revenue in 2021). The absence of reported officer compensation is a significant positive indicator of efficiency and a focus on mission over executive pay. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency, allowing public scrutiny of its financial operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Georgia Stars Basketball Inc with a Mission Score of 90 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Georgia Stars Basketball Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no executives are paid, 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 Georgia Stars Basketball Inc's IRS 990 filings:

Occasional deficit spending, such as in 2023 ($226,442 expenses vs. $203,491 revenue) and 2022 ($278,509 expenses vs. $268,146 revenue), which could deplete reserves if persistent.

Strengths

The following positive indicators were identified for Georgia Stars Basketball Inc:

Zero reported liabilities across all 13 filings, indicating excellent financial stability and no debt burden.
0% officer compensation reported consistently, demonstrating a strong commitment to directing funds towards programs rather than executive salaries.
Significant growth in assets from $10,109 in 2015 to $217,298 in 2023, enhancing long-term financial resilience.
Consistent filing of IRS Form 990s for 13 periods, reflecting strong transparency and accountability.

Frequently Asked Questions about Georgia Stars Basketball Inc

Is Georgia Stars Basketball Inc. a good charity?

Based on the available data, Georgia Stars Basketball Inc. appears to be a well-managed charity. It consistently reports zero liabilities, has grown its assets, and most notably, reports 0% officer compensation, suggesting a strong dedication to its mission and efficient use of funds.

How has the organization's financial health changed over time?

The organization's financial health has generally improved, with assets growing significantly from $10,109 in 2015 to $217,298 in 2023. While revenues and expenses fluctuate, the consistent absence of liabilities indicates robust financial management.

What is the trend in revenue and expenses?

Revenue and expenses for Georgia Stars Basketball Inc. have shown variability, with revenues ranging from $189,059 (2021) to $520,520 (2017). Expenses generally track revenues, sometimes exceeding them (e.g., 2023, 2022) and sometimes falling below (e.g., 2021, 2020), indicating active program delivery and responsive financial management.

Filing History

IRS 990 filing history for Georgia Stars Basketball Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Georgia Stars Basketball Inc's revenue has declined by 10%, moving from $226K to $203K. Total functional expenses rose by 18.4%, from $191K to $226K. In its most recent filing year (2023), Georgia Stars Basketball Inc reported a deficit of $23K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$203K	$226K	$217K	$0	—	View 990
2022	$268K	$279K	$240K	$0	—	View 990
2021	$189K	$165K	$251K	$0	—	View 990
2020	$369K	$161K	$227K	$0	—	View 990
2019	$236K	$289K	$18K	$0	—	View 990
2018	$243K	$417K	$71K	$0	—	View 990
2017	$521K	$298K	$244K	$0	—	View 990
2016	$277K	$266K	$22K	$0	—	View 990
2015	$247K	$248K	$10K	$0	—	View 990
2014	$246K	$251K	$11K	$0	—	View 990
2013	$185K	$194K	$16K	$0	—	View 990
2012	$205K	$153K	$25K	$0	—	View 990
2011	$226K	$191K	$0	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $203K, expenses of $226K, and assets of $217K (revenue -24.1% year-over-year).
2022: Revenue of $268K, expenses of $279K, and assets of $240K (revenue +41.8% year-over-year).
2021: Revenue of $189K, expenses of $165K, and assets of $251K (revenue -48.8% year-over-year).
2020: Revenue of $369K, expenses of $161K, and assets of $227K (revenue +56.5% year-over-year).
2019: Revenue of $236K, expenses of $289K, and assets of $18K (revenue -3.1% year-over-year).
2018: Revenue of $243K, expenses of $417K, and assets of $71K (revenue -53.2% year-over-year).
2017: Revenue of $521K, expenses of $298K, and assets of $244K (revenue +87.6% year-over-year).
2016: Revenue of $277K, expenses of $266K, and assets of $22K (revenue +12.4% year-over-year).
2015: Revenue of $247K, expenses of $248K, and assets of $10K (revenue +0.2% year-over-year).
2014: Revenue of $246K, expenses of $251K, and assets of $11K (revenue +32.8% year-over-year).
2013: Revenue of $185K, expenses of $194K, and assets of $16K (revenue -9.4% year-over-year).
2012: Revenue of $205K, expenses of $153K, and assets of $25K (revenue -9.6% year-over-year).
2011: Revenue of $226K, expenses of $191K, and assets of $0.

Data Sources and Methodology

This transparency report for Georgia Stars Basketball 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.