No Limits Academy
Nonprofit profile at a glance
- EIN
- 882729219
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Federal Way, WA, USA
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $176,017
- Expenses
- $133,212
- Assets
- $49,418
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Eric Kim (Executive Director or CEO)
People named in this filing
- Eric Kim (Executive Director or CEO)
- Kevin Suh (Treasurer and Board of Director)
- Danny Cha (Board of Director)
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 organization provides structured basketball programs that teach athletic skills teamwork leadership discipline and sportsmanship. It offers affordable access to training mentoring and competitive opportunities for youth of all backgrounds. Types of activities include instructional clinics team practices organized competitions avenues to have mentorship and real world teaching moments and community outreach events.
What it reported doing in 2024
An anonymous donor really liked the value we are providing to the youth in the community that they told us to create a transformational trip for our 9th grade group with an out of state trip for 5 days. We were able to get our coaches and players an opportunity to have a wholistic wellness retreat that included basketball trainings reflection time team bonding opportunities seminars of real life topics for the players and mentorship.
Operating model
- Revenue model
- Membership-supported. 94% of the money available for current operations came from membership dues.
- 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
REVIEW - 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: 6
- Transparency & Controls: 82
- Sustainability: 53
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.7%; rating input score 6
- Program expense ratio: 7.5%; rating input score 7
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 24.3%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 0.37; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 5.7% of revenue deployed · 7.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $10K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- 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 — Financial Efficiency: Mission deployment rate scored 6/100.
- High — Financial Efficiency: Program expense ratio scored 7/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.