Common Bond Basketball Club
Nonprofit profile at a glance
- EIN
- 383592393
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- Ypsilanti, MI, USA
- Phone
- 7343370687
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $168,223
- Expenses
- $198,624
- Assets
- $26,049
- Liabilities
- $73,555
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- TYRONE HICKS (PRESIDENT)
Highest reported compensation
- TYRONE HICKS (PRESIDENT): $41,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the organization is to establish and coordinate a basketball program for children and teenagers in southeast Michigan which fosters teamwork, cooperation, sportsmanship, and dedication through participation in basketball. It is also our mission to further the physical, mental and emotional development of children through the participation in an organized sports program and to provide healthy activities in an effort to divert them from activities which contribute to juvenile delinquency.
What it reported doing in 2024
We provided approximately 250 youths in the area with organized and structered basketball programs to provide for their physical, mental and emotional development and to help them to participate in positive activities that direct them away from contributing to juvenile delinquency.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 83
- Accountability: 74
- Sustainability: 12
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.1%; rating input score 90
- Program expense ratio: 78.1%; rating input score 78
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -18.1%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 2.82; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 20.9%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: -1.9% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: 1.1% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 10.6% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 90.1% of revenue deployed · 78.1% of spending went to programs
- Governance: 8 of 8 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $155K in reported program spending
- Leadership: top reported pay $42K · 8 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 5 filed schedules
- Filing history: 4 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 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.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 18/100.