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Lightning Basketball Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113633046 ✦ West hempstead, NY ✦ Designated as a 501(c)(3)

Overview

What is Lightning Basketball Inc?

Lightning Basketball Inc, situated in West Hempstead, New York, is a nonprofit organization dedicated to the growth and development of children aged 9-17 in basketball skills. With a team size of over 240 (approximately 2700 individuals), they conduct open tryouts, advertised in local newspapers and sports facilities. Successful candidates compete in approximately 30-40 games across various tournaments nationwide. To ensure a balanced focus on academics, tutoring services are available for students who may need assistance. The organization's mission is rooted in the overall well-being and improvement of children, aiming to foster their athletic abilities while maintaining their academic success.


Official website here: www.longislandlightning.com

Is Lightning Basketball Inc legitimate?

Lightning Basketball Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lightning Basketball Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $164,100

For more financial information, click here


Official website here: www.longislandlightning.com

What is the mission statement of Lightning Basketball Inc?

Lightning Basketball Inc is an organization dedicated to the development of basketball skills in children aged 9-17. Its mission is to provide them with opportunities to enhance their skills through various tournaments, with approximately 2700 boys and girls participating in over 240 teams. The organization ensures that the children's academic success is not compromised by offering tutoring services to those who need assistance. They conduct open tryouts, advertised in newspapers and local sports facilities, to select the teams. Each team typically plays around 30-40 games in tournaments held across the United States.


Official website here: www.longislandlightning.com

Who is the CEO of Lightning Basketball Inc?

James M Fox is the Executive Director & Cfo of Lightning Basketball Inc.


Official website here: www.longislandlightning.com

What is the revenue of Lightning Basketball Inc?

Lightning Basketball Inc's revenue in 2022 was $1,632,155.


Official website here: www.longislandlightning.com

Who are the executives of Lightning Basketball Inc and what are their salaries?

The average compensation at Lightning Basketball Inc during 2022 was $32,820. There are 5 employees at Lightning Basketball Inc.

Here are 3 key members and their salaries:

    James M Fox (Executive Director & Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James P Fox (Associate Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Cammer (Associate Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.longislandlightning.com

    Where can I find the form 990 for Lightning Basketball Inc?

    The Lightning Basketball Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.longislandlightning.com

    Learn more at the official website: www.longislandlightning.com

    Mission Statement of Lightning Basketball Inc

    Lightning Basketball Inc, a dedicated organization, focuses on the development of basketball skills in children between the ages of 9 and 17. The primary mission of this nonprofit is to provide these young athletes with a comprehensive and well-rounded experience, ensuring that their academic success is not compromised by their passion for basketball. To achieve this, Lightning Basketball Inc selects numerous teams through open tryouts, advertised in local newspapers and sports facilities. These teams then participate in approximately 30-40 games in tournaments held across the United States.

    In addition to fostering athletic prowess, Lightning Basketball Inc recognizes the importance of academic excellence. To support struggling students, tutoring services are provided, ensuring that these young athletes can maintain a healthy balance between their academic responsibilities and their basketball commitments. By offering this holistic approach, Lightning Basketball Inc empowers its participants to grow not only as skilled basketball players but also as well-rounded individuals, prepared for the challenges of both the court and the classroom.

    Impact

    This information is meant to be a general summary of Lightning Basketball Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Lightning Basketball Inc's impact primarily manifests as a dedicated effort towards the development of basketball skills among children aged 9-17. The organization has successfully managed over 240 teams, comprising approximately 2700 boys and girls. These teams were carefully selected through open tryouts, ensuring a fair and inclusive recruitment process. Each team participated in around 30-40 games across tournaments held throughout the United States, providing valuable competitive experience to the young athletes.

    Moreover, Lightning Basketball Inc has emphasized the importance of academic success alongside athletic achievements. The organization offered tutoring support to students facing academic challenges, demonstrating a commitment to fostering well-rounded development among its participants. By ensuring a balance between basketball success and academic performance, Lightning Basketball Inc is contributing to the holistic growth of the children involved in its programs.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $1,134,898
  • Gross Receipts: $1,632,155

    • Assets and Liabilities:
  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PLAYER REGISTRATION

    Revenue

    $1,134,898

    Organization Details

    Founding Year

    1993

    Principal Officer

    James M Fox

    Main Address

    45 CHERRY VALLEY AVE, WEST HEMPSTEAD, NY, 11552

    NTEE Category

    Code: N62 - Recreation

    If you are a representative of Lightning Basketball Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.