Itl Texas Grassroots Basketball
Nonprofit profile at a glance
- EIN
- 932729668
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Mckinney, TX, USA
- Phone
- 5012955395
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $105,710
- Expenses
- $100,828
- Assets
- $11,974
- Liabilities
- $7,616
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- TYLER SMITH (PRESIDENT)
People named in this filing
- TYLER SMITH (PRESIDENT)
- JOHNNY RICHARD (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
The central purpose of the corporation is to address the needs of the community, through educational and charitable purposes, including supporting the growth and development of female athletes, as well as fostering leadership and competition. The corporation is a nonprofit corporation organized for exclusively charitable and educational purposes within the meaning of section 501(c)(3) of the irc of 1986, as amended.
What it reported doing in 2024
The team participates in tournaments that require significant travel expense. These tournaments offer an opportunity for the team members to grow individually on and off the court as they experience adversity and accomplishment through wins and losses, build camaraderie and leadership by competing as a unit and individually, and also provide unlimited opportunities for growth of character through our time together at tournaments. National tournaments also provide a platform for the team members to showcase their ability to college coaches, making progress toward their individual goals.
Operating model
- Revenue model
- Earned-program. 88% 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
SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 82
- Sustainability: 30
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.7%; rating input score 54
- Program expense ratio: 56.3%; rating input score 56
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 4.6%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.64; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 53.7% of revenue deployed · 56.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $57K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 54/100.
- Review — Financial Efficiency: Program expense ratio scored 56/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- High — Sustainability: Officer compensation ratio scored 23/100.