Chbglobal Corp
Nonprofit profile at a glance
- EIN
- 811342236
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Oviedo, FL, USA
- Phone
- 3473874823
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Basketball
Reported finances
- Revenue
- $150,856
- Expenses
- $144,246
- Assets
- $13,381
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- JASON KITTS (PRESIDENT)
People named in this filing
- JASON KITTS (PRESIDENT)
- LANCE RAGLAND (VICE PRESIDE)
- KATIE HUBBARD (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to create opportunities for student athletes to elevate their game, impact their community, and enhance their health. Chb also understands the importance of giving back to our community. We give a portion of the proceeds from our skill development clinics back to our community partners.
What it reported doing in 2024
We create opportunities that allows student athletes to evelvate their game, impact their community, and enhance their health. We provide youth with an experience that fosters positive self-esteem, teamwork, and individual growth through personal achievment and as a team member. We also give back to the community by donating a portion of our proceeds from skill development clinics to our community partners.
Operating model
- Revenue model
- Earned-program. 84% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 95
- Program expense ratio: 99.8%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 4.4%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 53.7%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 11.6% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 10.5% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 20.3% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 95.5% of revenue deployed · 99.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $144K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Officer compensation ratio scored 3/100.