Patriots Basketball Club
Patriots Basketball Club shows strong revenue growth and zero officer compensation over multiple years.
EIN: 201107864 · Omaha, NE · NTEE: N62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $369K |
| Total Expenses | $291K |
| Program Spending | 90% |
| Net Assets | $131K |
| Transparency Score | 92/100 |
Is Patriots Basketball Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Patriots Basketball Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Patriots Basketball Club
Patriots Basketball Club (EIN: 201107864) is a nonprofit organization based in Omaha, NE, classified under NTEE code N62. The organization reported total revenue of $369K and total assets of $144K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patriots Basketball Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Patriots Basketball Club is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 16.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $332K |
| Total Expenses | $291K |
| Surplus / Deficit | +$40K |
| Total Assets | $131K |
| Net Assets | $131K |
| Operating Margin | 12.1% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2024, Patriots Basketball Club reported a surplus of $40K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2011–2024), Patriots Basketball Club's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +23.9% | +10.4% | +44.2% |
| 2023 | +26.3% | +36.8% | +4.2% |
| 2022 | +84.5% | +99.6% | +27.6% |
| 2021 | +23.6% | -9.3% | +36.1% |
| 2020 | -13.4% | +12.0% | -21.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Patriots Basketball Club with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Patriots Basketball Club allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its 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.
Strengths
The following positive indicators were identified for Patriots Basketball Club:
- Consistent revenue growth, more than tripling from $114,780 in 2021 to $331,510 in 2024.
- Zero reported liabilities across all 14 filings, indicating strong financial stability.
- 0% officer compensation reported in all available filings, suggesting high efficiency in resource allocation.
- Positive net income in most recent periods, contributing to asset accumulation.
- Robust filing history with 14 IRS 990 filings, demonstrating transparency.
Frequently Asked Questions about Patriots Basketball Club
Is Patriots Basketball Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Patriots Basketball Club (EIN: 201107864) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Patriots Basketball Club spend its money?
Patriots Basketball Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Patriots Basketball Club tax-deductible?
Patriots Basketball Club is registered as a tax-exempt nonprofit (EIN: 201107864). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Patriots Basketball Club's spending goes to programs?
Patriots Basketball Club directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Patriots Basketball Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Patriots Basketball Club 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 Patriots Basketball Club located?
Patriots Basketball Club is headquartered in Omaha, Nebraska and files with the IRS under EIN 201107864. It is classified under NTEE code N62.
How many years of IRS 990 filings does Patriots Basketball Club have?
Patriots Basketball Club has 14 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 $369K in total revenue.
Is Patriots Basketball Club a good charity?
Based on the provided financial data, Patriots Basketball Club appears to be a good charity. It demonstrates strong financial health with consistent revenue growth (from $114,780 in 2021 to $331,510 in 2024), positive net income in most periods, and zero liabilities. The consistent 0% officer compensation is a significant positive indicator of efficient resource allocation towards its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown substantially, from $69,590 in 2015 to $331,510 in 2024. Assets have also steadily increased from $35,952 in 2015 to $131,123 in 2024, while liabilities have consistently remained at $0, indicating strong financial management and increasing reserves.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, with 0% officer compensation reported in all 14 available IRS 990 filings. This suggests that executive leadership is either entirely volunteer or compensated through non-officer roles, ensuring that a greater proportion of funds can be directed to programs.
Filing History
IRS 990 filing history for Patriots Basketball Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Patriots Basketball Club's revenue has grown by 631.4%, moving from $45K to $332K. Total assets increased by 890.3% over the same period, from $13K to $131K. Total functional expenses rose by 757.4%, from $34K to $291K. In its most recent filing year (2024), Patriots Basketball Club reported a surplus of $40K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $332K | $291K | $131K | $0 | — | — |
| 2023 | $267K | $264K | $91K | $0 | — | View 990 |
| 2022 | $212K | $193K | $87K | $0 | — | View 990 |
| 2021 | $115K | $97K | $68K | $0 | — | — |
| 2020 | $93K | $107K | $50K | $0 | — | View 990 |
| 2019 | $107K | $95K | $64K | $0 | — | View 990 |
| 2018 | $100K | $98K | $52K | $0 | — | View 990 |
| 2017 | $113K | $124K | $51K | $0 | — | View 990 |
| 2016 | $110K | $85K | $61K | $0 | — | View 990 |
| 2015 | $70K | $58K | $36K | $0 | — | View 990 |
| 2014 | $63K | $63K | $24K | $0 | — | View 990 |
| 2013 | $56K | $43K | $24K | $0 | — | View 990 |
| 2012 | $35K | $37K | $11K | $0 | — | View 990 |
| 2011 | $45K | $34K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $332K, expenses of $291K, and assets of $131K (revenue +23.9% year-over-year).
- 2023: Revenue of $267K, expenses of $264K, and assets of $91K (revenue +26.3% year-over-year).
- 2022: Revenue of $212K, expenses of $193K, and assets of $87K (revenue +84.5% year-over-year).
- 2021: Revenue of $115K, expenses of $97K, and assets of $68K (revenue +23.6% year-over-year).
- 2020: Revenue of $93K, expenses of $107K, and assets of $50K (revenue -13.4% year-over-year).
- 2019: Revenue of $107K, expenses of $95K, and assets of $64K (revenue +7.4% year-over-year).
- 2018: Revenue of $100K, expenses of $98K, and assets of $52K (revenue -11.9% year-over-year).
- 2017: Revenue of $113K, expenses of $124K, and assets of $51K (revenue +2.8% year-over-year).
- 2016: Revenue of $110K, expenses of $85K, and assets of $61K (revenue +58.2% year-over-year).
- 2015: Revenue of $70K, expenses of $58K, and assets of $36K (revenue +10.7% year-over-year).
- 2014: Revenue of $63K, expenses of $63K, and assets of $24K (revenue +12.8% year-over-year).
- 2013: Revenue of $56K, expenses of $43K, and assets of $24K (revenue +58.4% year-over-year).
- 2012: Revenue of $35K, expenses of $37K, and assets of $11K (revenue -22.3% year-over-year).
- 2011: Revenue of $45K, expenses of $34K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Patriots Basketball Club:
Data Sources and Methodology
This transparency report for Patriots 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.