Nbn Sports Academy Inc

Nonprofit profile at a glance

EIN
842000530
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-EZ 2021
Location
New Castle, DE, USA
Phone
3027575944
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$61
Expenses
$1,269
Assets
$511,573
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • LONNIE WRIGHT (PRESIDENT)

People named in this filing

  • KELLY ALBANESSE (VICE PRESIDE)
  • BILL PRITCHARD (OFFICER)
  • LONNIE WRIGHT (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission: nothing but net sports academy (nbnsa) is a 501-c3 non-profit organization wholly dedicated to providing Delaware youth from ages 4 to 18 with supervised, fundamental learning experiences in athletics, academics and life skills. Nbnsa provides financial assistance for eligible nbnsa student athletes, offering access to our programs and contributing to educational expenses including tuition for middle school to college/trade school. Teach and coach skills in a variety of sports through clinics, leagues and competitions, while also facilitating character and sportsmanship development promote, encourage and improve the standard of recreational and amateur sports in Delaware foster the values of integrity, fair play, teamwork, mutual respect and the pursuit of excellence through hard work develop self-confidence, concentration, discipline and physical fitness by focusing on the positive, fun aspects of learning reward nbnsa student athletes who exemplify our mission by providi

What it reported doing in 2025

Our mission: nothing but net sports academy (nbnsa) is a 501-c3 non-profit organization wholly dedicated to providing Delaware youth from ages 4 to 18 with supervised, fundamental learning experiences in athletics, academics and life skills. Nbnsa provides financial assistance for eligible nbnsa student athletes, offering access to our programs and contributing to educational expenses including tuition for middle school to college/trade school. Teach and coach skills in a variety of sports through clinics, leagues and competitions, while also facilitating character and sportsmanship development promote, encourage and improve the standard of recreational and amateur sports in Delaware foster the values of integrity, fair play, teamwork, mutual respect and the pursuit of excellence through hard work develop self-confidence, concentration, discipline and physical fitness by focusing on the positive, fun aspects of learning reward nbnsa student athletes who exemplify our mission by providing various levels of financial assistance within the nbnsa program and help to defray the cost of higher education impart life skills in areas of nutrition and personal finance management via academic tutoring and community service experience.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating 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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 45
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -1,980.3%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 403.13; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -55.3% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 4.8% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 34.9% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $1K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • 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: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Officer compensation ratio scored 58/100.