Michigans Capital Area Basketball Club
EIN: 262142375 · East Lansing, MI · NTEE: N62
| Metric | Value |
|---|---|
| Total Revenue | $387K |
| Total Expenses | $252K |
| Net Assets | $70K |
Is Michigans Capital Area Basketball Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michigans Capital Area Basketball Club
Michigans Capital Area Basketball Club (EIN: 262142375) is a nonprofit organization based in East Lansing, MI, classified under NTEE code N62. The organization reported total revenue of $387K and total assets of $63K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigans Capital Area Basketball Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michigans Capital Area Basketball Club is a small nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $256K |
| Total Expenses | $252K |
| Surplus / Deficit | +$4K |
| Total Assets | $70K |
| Net Assets | $70K |
| Operating Margin | 1.5% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Michigans Capital Area Basketball Club reported a surplus of $4K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2023), Michigans Capital Area Basketball Club's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +16.9% | +5.9% |
| 2022 | +61.6% | +100.7% | +40.4% |
| 2021 | -14.5% | -38.5% | +414.0% |
| 2020 | -20.4% | -11.3% | -71.0% |
| 2018 | +8.2% | -0.4% | +111.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michigans Capital Area Basketball Club 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 Michigans Capital Area Basketball Club 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 surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Michigans Capital Area Basketball Club
Is Michigans Capital Area Basketball Club a legitimate charity?
Michigans Capital Area Basketball Club (EIN: 262142375) is a registered tax-exempt nonprofit based in Michigan. It has 12 years of IRS 990 filings on record. Total revenue: $387K. No red flags identified. Financial health grade: A.
How does Michigans Capital Area Basketball Club spend its money?
Michigans Capital Area Basketball Club reported $387K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Michigans Capital Area Basketball Club tax-deductible?
Michigans Capital Area Basketball Club is registered as a tax-exempt nonprofit (EIN: 262142375). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michigans Capital Area Basketball Club located?
Michigans Capital Area Basketball Club is headquartered in East Lansing, Michigan and files with the IRS under EIN 262142375. It is classified under NTEE code N62.
How many years of IRS 990 filings does Michigans Capital Area Basketball Club have?
Michigans Capital Area Basketball Club has 12 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 $387K in total revenue.
Filing History
IRS 990 filing history for Michigans Capital Area Basketball Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Michigans Capital Area Basketball Club's revenue has grown by 163%, moving from $97K to $256K. Total assets increased by 392.5% over the same period, from $14K to $70K. Total functional expenses rose by 195.6%, from $85K to $252K. In its most recent filing year (2023), Michigans Capital Area Basketball Club reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $256K | $252K | $70K | $0 | — | — |
| 2022 | $235K | $216K | $66K | $0 | — | View 990 |
| 2021 | $145K | $107K | $47K | $0 | — | View 990 |
| 2020 | $170K | $175K | $9K | $0 | — | — |
| 2018 | $213K | $197K | $31K | $0 | — | View 990 |
| 2017 | $197K | $198K | $15K | $0 | — | View 990 |
| 2016 | $161K | $151K | $15K | $0 | — | View 990 |
| 2015 | $132K | $135K | $5K | $0 | — | View 990 |
| 2014 | $179K | $186K | $9K | $0 | — | View 990 |
| 2013 | $153K | $143K | $16K | $0 | — | View 990 |
| 2012 | $112K | $121K | $5K | $0 | — | View 990 |
| 2011 | $97K | $85K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $256K, expenses of $252K, and assets of $70K (revenue +9.1% year-over-year).
- 2022: Revenue of $235K, expenses of $216K, and assets of $66K (revenue +61.6% year-over-year).
- 2021: Revenue of $145K, expenses of $107K, and assets of $47K (revenue -14.5% year-over-year).
- 2020: Revenue of $170K, expenses of $175K, and assets of $9K (revenue -20.4% year-over-year).
- 2018: Revenue of $213K, expenses of $197K, and assets of $31K (revenue +8.2% year-over-year).
- 2017: Revenue of $197K, expenses of $198K, and assets of $15K (revenue +22.5% year-over-year).
- 2016: Revenue of $161K, expenses of $151K, and assets of $15K (revenue +22.4% year-over-year).
- 2015: Revenue of $132K, expenses of $135K, and assets of $5K (revenue -26.5% year-over-year).
- 2014: Revenue of $179K, expenses of $186K, and assets of $9K (revenue +16.6% year-over-year).
- 2013: Revenue of $153K, expenses of $143K, and assets of $16K (revenue +37.0% year-over-year).
- 2012: Revenue of $112K, expenses of $121K, and assets of $5K (revenue +15.1% year-over-year).
- 2011: Revenue of $97K, expenses of $85K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michigans Capital Area Basketball Club:
Data Sources and Methodology
This transparency report for Michigans Capital Area Basketball Club 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.