Nba Players Health And Welfare Benefit Plan

NBA Players Health And Welfare Benefit Plan shows consistent asset growth and no reported officer compensation.

EIN: 201260597 · N Chesterfld, VA · Updated: 2026-03-28

$203.0MRevenue

$410.9MAssets

85/100Mission Score (Excellent)

Is Nba Players Health And Welfare Benefit Plan Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Nba Players Health And Welfare Benefit Plan directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Nba Players Health And Welfare Benefit Plan

Nba Players Health And Welfare Benefit Plan (EIN: 201260597) is a nonprofit organization based in N Chesterfld, VA. The organization reported total revenue of $203.0M and total assets of $410.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nba Players Health And Welfare Benefit Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The NBA Players Health And Welfare Benefit Plan demonstrates consistent financial growth and a strong asset base, with assets reaching $410,860,146. The organization's revenue has fluctuated but generally trended upwards, with the latest reported revenue at $202,957,223. A notable aspect is the absence of reported officer compensation across all available filings, which suggests a lean administrative structure or that compensation is handled through other means not reflected in this specific line item. The plan consistently reports significant liabilities, such as $855,822 in 2023, which warrants further investigation to understand their nature and impact on long-term financial stability.

The organization appears to be financially sound, consistently operating with positive net assets. Its primary function as a benefit plan implies that a significant portion of its expenses would naturally be directed towards program services (i.e., benefits paid out). The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, particularly regarding the allocation between program, administrative, and fundraising costs. However, the consistent growth in assets and revenue, coupled with zero reported officer compensation, indicates a potentially efficient operation focused on its core mission.

Transparency regarding executive compensation is high, as no officer compensation is reported. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a full assessment of spending efficiency and overall transparency is limited. The consistent filing of IRS Form 990s over many years demonstrates a commitment to regulatory compliance and public disclosure of its financial activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Nba Players Health And Welfare Benefit Plan with a Mission Score of 85 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: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, Nba Players Health And Welfare Benefit Plan allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating either that no officers receive compensation or that it is reported under different expense categories, which enhances transparency regarding direct officer salaries.

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 Nba Players Health And Welfare Benefit Plan's IRS 990 filings:

Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting spending efficiency analysis.
Consistently high liabilities, such as $855,822 in 2023, warrant further investigation into their nature.

Strengths

The following positive indicators were identified for Nba Players Health And Welfare Benefit Plan:

Consistent growth in assets, from $215,499,186 in 2014 to $410,860,146 currently.
Zero reported officer compensation across all filings, indicating potential efficiency or alternative compensation structures.
Regular IRS 990 filings demonstrate commitment to transparency and compliance.
Strong revenue generation, with latest reported revenue at $202,957,223.

Frequently Asked Questions about Nba Players Health And Welfare Benefit Plan

Is Nba Players Health And Welfare Benefit Plan a legitimate charity?

Based on AI analysis of IRS 990 filings, Nba Players Health And Welfare Benefit Plan (EIN: 201260597) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

How does Nba Players Health And Welfare Benefit Plan spend its money?

Nba Players Health And Welfare Benefit Plan directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Nba Players Health And Welfare Benefit Plan tax-deductible?

Nba Players Health And Welfare Benefit Plan is registered as a tax-exempt nonprofit (EIN: 201260597). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Nba Players Health And Welfare Benefit Plan a good charity?

Based on the available data, the organization appears to be financially stable with consistent asset growth and no reported officer compensation, suggesting a strong focus on its mission. However, without detailed functional expense breakdowns, a complete assessment of 'goodness' is limited.

What are the primary sources of revenue for the plan?

The provided data only shows total revenue figures, not specific sources. Given its nature as a benefit plan, revenue likely comes from contributions, investment income, and potentially employer/player contributions.

Why are liabilities consistently high, such as $855,822 in 2023?

The nature of these liabilities is not detailed in the provided data. They could represent accrued benefits payable, deferred revenue, or other operational obligations typical for a health and welfare benefit plan.

How does the plan ensure its long-term financial sustainability?

The consistent growth in assets, from $215,499,186 in 2014 to $410,860,146 currently, suggests prudent financial management and investment strategies aimed at ensuring long-term sustainability for its beneficiaries.

Filing History

IRS 990 filing history for Nba Players Health And Welfare Benefit Plan showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Nba Players Health And Welfare Benefit Plan's revenue has grown by 98%, moving from $26.1M to $51.6M. Total assets increased by 176% over the same period, from $133.0M to $367.0M. Total functional expenses rose by 1886.1%, from $2.3M to $45.9M. In its most recent filing year (2023), Nba Players Health And Welfare Benefit Plan reported a surplus of $5.7M, with revenue exceeding expenses. The organization holds $856K in liabilities against $367.0M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $366.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$51.6M	$45.9M	$367.0M	$856K	—	View 990
2022	$60.1M	$42.1M	$330.4M	$524K	—	View 990
2021	$51.5M	$41.4M	$372.6M	$1.1M	—	View 990
2020	$36.2M	$35.6M	$298.8M	$322K	—	—
2019	$32.4M	$33.3M	$295.0M	$246K	—	View 990
2018	$10.9M	$9.1M	$290.2M	$811K	—	View 990
2017	$32.8M	$6.6M	$277.5M	$818K	—	View 990
2016	$18.1M	$5.3M	$243.2M	$274K	—	View 990
2015	$25.3M	$3.8M	$233.7M	$196K	—	View 990
2014	$17.3M	$4.1M	$215.5M	$235K	—	View 990
2013	$19.7M	$3.7M	$177.8M	$254K	—	View 990
2012	$20.7M	$4.0M	$155.4M	$5.6M	—	View 990
2011	$26.1M	$2.3M	$133.0M	$141K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $51.6M, expenses of $45.9M, and assets of $367.0M (revenue -14.1% year-over-year).
2022: Revenue of $60.1M, expenses of $42.1M, and assets of $330.4M (revenue +16.6% year-over-year).
2021: Revenue of $51.5M, expenses of $41.4M, and assets of $372.6M (revenue +42.3% year-over-year).
2020: Revenue of $36.2M, expenses of $35.6M, and assets of $298.8M (revenue +11.7% year-over-year).
2019: Revenue of $32.4M, expenses of $33.3M, and assets of $295.0M (revenue +197.9% year-over-year).
2018: Revenue of $10.9M, expenses of $9.1M, and assets of $290.2M (revenue -66.8% year-over-year).
2017: Revenue of $32.8M, expenses of $6.6M, and assets of $277.5M (revenue +81.3% year-over-year).
2016: Revenue of $18.1M, expenses of $5.3M, and assets of $243.2M (revenue -28.5% year-over-year).
2015: Revenue of $25.3M, expenses of $3.8M, and assets of $233.7M (revenue +46.2% year-over-year).
2014: Revenue of $17.3M, expenses of $4.1M, and assets of $215.5M (revenue -12.3% year-over-year).
2013: Revenue of $19.7M, expenses of $3.7M, and assets of $177.8M (revenue -4.6% year-over-year).
2012: Revenue of $20.7M, expenses of $4.0M, and assets of $155.4M (revenue -20.7% year-over-year).
2011: Revenue of $26.1M, expenses of $2.3M, and assets of $133.0M.

Data Sources and Methodology

This transparency report for Nba Players Health And Welfare Benefit Plan 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.