Next Basketball Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 50,488 | 62,306 | −11,818 | -2.3 | — |
| 2017 | 61,629 | 58,844 | 2,785 | -1.8 | — |
| 2018 | 64,347 | 57,607 | 6,740 | -0.5 | — |
| 2019 | 91,429 | 86,368 | 5,061 | 0.4 | — |
| 2020 | 68,859 | 68,681 | 178 | 0.5 | — |
| 2021 | 109,938 | 108,023 | 1,915 | 0.5 | — |
| 2022 | 93,173 | 97,153 | −3,980 | 0.1 | — |
| 2023 | 63,974 | 58,338 | 5,636 | 1.3 | — |
In its most recent public year (2023), this organization brought in $5,636 more than it spent. Its reserves stood at about 1.3 months of spending, up from -2.3 in 2016.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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