National Basketball Players Association Foundation

Nonprofit profile at a glance

EIN
133894132
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2126550880
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Emergency Assistance

Official website

Reported finances

Revenue
$5,192,056
Expenses
$5,772,585
Assets
$43,995,929
Liabilities
$3,568,756

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • CJ MCCOLLUM (PRESIDENT)
  • GRANT WILLIAMS (FIRST VICE PRESIDENT)
  • ERIKA SWILLEY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ANDRE IGUODALA (TREAS./SEC. (THRU 09/24)/DIR.): $2,922,300 total reported compensation
  • CHRYSA CHIN (DIR./SECRETARY (AS OF 09/24)): $595,408 total reported compensation
  • ERIN CARMICHAEL (TREASURER): $448,705 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 nbpa foundation provides strategic funding and support while also communicating the players' endeavors to the world in order to accelerate and maximize the impact. (continued on schedule o)in alignment with our players' collective charitable investments, the foundation has built an impressive portfolio of work impacting communities globally. Our portfolio features a wide range of work including youth programs, disaster relief efforts, social entrepreneurship, court refurbishments and more.

What it reported doing in 2024

The nbpa foundation operates a targeted grantmaking program designed to amplify nba players' community impact through three core pillars: education, health & wellness, and civic engagement & social justice. All funded grantee organizations are u.s.-based 501(c)(3) public charity in good IRS standing (or an international organization supported through a fiscal intermediary); confirmed to have received financial support from a nbpa player within the past 12 months; and, in operation for at least one year, unless fiscally sponsored.in addition, the foundation matches player-directed giftsup to $25,000 per player per seasonto eligible nonprofits chosen by the player. National nba players (active or retired) provide the initial funding, and the foundation amplifies impact through matching grants

Operating model

Revenue model
Donor-supported. 69% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 78% of its reported program spending out as grants.

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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 69
  • Accountability: 86
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85.9%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 43rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.2%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 7.62; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 11.2%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 9.5% per year; rating input score 100; 62nd percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 85.9% of spending went to programs
  • Governance: 8 of 8 board members independent · 6 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $5M in reported program spending
  • Leadership: top reported pay $2.9M · 12 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $140K reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 134 filed money-flow records
  • Related organizations: 133 filed related-organization links
  • 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 — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.