Shark City Basketball Corporation

Nonprofit profile at a glance

EIN
845074009
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
San Jose, CA, USA
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services

Reported finances

Revenue
$135,620
Expenses
$129,477
Assets
$9,822

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

Leadership & pay

2 people listed

Executive titles in this filing

  • Ronald Andaya (President)
  • Charlize Andaya (Vice President)

People named in this filing

  • Ronald Andaya (President)
  • Charlize Andaya (Vice 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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide youth basketball training development and competitive opportunities for children in the San Jose community promoting physical fitness teamwork and character development.

What it reported doing in 2025

Operated year-round youth basketball training and competitive programs serving approximately 40 children ages 8-14 in San Jose CA. Conducted over 100 practice sessions and participated in 8 tournaments during 2025. Programs focused on basketball skill development physical fitness teamwork and character building. Provided coaching staff facility rentals tournament entry fees uniforms and equipment to ensure accessible participation for all enrolled athletes.

Operating model

Revenue model
Earned-program. 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.5%; rating input score 95
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 4.5%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 5.9%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 53.7% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: -33% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 143.8% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 95.5% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $129K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.