funder logo

NATIONAL BASKETBALL ASSOCIATION FOUNDATION

NATIONAL BASKETBALL ASSOCIATION FOUNDATION

New York, NY, US
501(c)3
EIN
85-3122376
funder logo

NATIONAL BASKETBALL ASSOCIATION FOUNDATION

New York, NY, US
501(c)3
EIN
85-3122376

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$32,517,010

Contributions
95%
Investments
5%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$48,797,606

Grants
93%
Salaries & Benefits
4%
Fees to Service Providers
1%
Other
<1%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$31,830,000
$30,760,100
-3%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$500,000
$0
-100%
Membership Dues
$0
$0
-
Investments
$1,195,098
$1,756,910
+47%
Other
$0
$0
-
Total Revenues
$33,525,098
$32,517,010
-3%
Expenses
2023
2024
Change
Grants
$41,588,750
$45,241,250
+9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,842,806
$2,098,938
+14%
Fees to Service Providers
$294,196
$512,524
+74%
Advertising & Promotion
$71,626
$288,104
+302%
Offices, Occupancy & IT
$96,943
$175,296
+81%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$596,011
$481,494
-19%
Total Expenses
$44,490,332
$48,797,606
+10%
Net income
2023
2024
Change
Net income
-$10,965,234
-$16,280,596
-48%
Functional Expenses
Summary
2023
2024
Change
Program
$44,003,658
$47,882,239
+9%
Admin
$486,674
$915,367
+88%
Fundraising
$0
$0
-
Total Expenses
$44,490,332
$48,797,606
+10%
Income Statement
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