NABI FOUNDATION

EIN: 431967299 501(c)(3)

PHOENIX, AZ

Total Revenue
$984,484
Total Expenses
$1,231,674
Total Assets
N/A
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
AZ
Principal Officer
GINAMARIE SCARPA
Phone
4804467052
Tax Period
2022-01-01 to 2022-12-31

NABI FOUNDATION, founded in 2002, is a small nonprofit that reported $984K in total revenue in fiscal year 2022. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 25% operating deficit.

Mission

CREATE, ENCOURAGE AND SUPPORT NATIVE AMERICAN YOUTH NOW AND THROUGH THEIR JOURNEYS AS THEY DISCOVER WHO THEY ARE, WHAT THEY WANT TO BE AND HOW THEY CAN IMPACT FUTURE GENERATIONS.

Program Service Accomplishments

Program 1
Expenses: $524,105 Revenue: $144,044

IN 2022 THE NABI FOUNDATION SERVED 1300 NATIVE YOUTH REPRESENTING OVER 150 TRIBAL NATIONS. DURING THIS YEAR THE ORGANIZATION HELD MORE THAN 500 BASKETBALL GAMES, ORGANIZED A COLLEGE AND CAREER FAIR...

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IN 2022 THE NABI FOUNDATION SERVED 1300 NATIVE YOUTH REPRESENTING OVER 150 TRIBAL NATIONS. DURING THIS YEAR THE ORGANIZATION HELD MORE THAN 500 BASKETBALL GAMES, ORGANIZED A COLLEGE AND CAREER FAIR WHICH WAS ATTENDED BY MORE THAN 1300 NATIVE AMERICAN YOUTHS, ORGANIZED A YOUTH EDUCATIONAL SUMMIT WHERE 4 SPEAKERS MADE 8 PRESENTATIONS, AND PARTNERED WITH THE JR. SUNS AND JR. MERCURY TO HOST 3 JR. BASKETBALL CAMPS WHICH WERE ATTENDED BY MORE THAN 100 6TH-8TH GRADERS.

Program 2
Expenses: $316,588 Revenue: $224,451

THE ORGANIZATION HELD ITS ANNUAL BASKETBALL TOURNAMENT WHERE THE SEMI-FINAL AND CHAMPIONSHIP GAMES WERE AIRED ON ESPN, THE FIRST TIME AN ALL-NATIVE EVENT WAS BROADCAST ON AN ESPN PLATFORM. THIS EVENT...

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THE ORGANIZATION HELD ITS ANNUAL BASKETBALL TOURNAMENT WHERE THE SEMI-FINAL AND CHAMPIONSHIP GAMES WERE AIRED ON ESPN, THE FIRST TIME AN ALL-NATIVE EVENT WAS BROADCAST ON AN ESPN PLATFORM. THIS EVENT MADE GLOBAL NEWS WHICH ASSISTED WITH PUSHING THE SOCIAL MEDIA REACH OF NABI TO OVER 3.3 MILLION PEOPLE.

Program 3
Expenses: $206,069

NABI FOUNDATION COLLEGE SCHOLARSHIP FUND AWARDED TWO 10,000 SCHOLARSHIPS TO TWO NABI ALUMNI AND ALLOCATED TWO 10,000 SCHOLARSHIPS FOR 2023 AFTER THE CLOSE OF THE ORGANIZATION. THE FOUNDATION ALSO...

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NABI FOUNDATION COLLEGE SCHOLARSHIP FUND AWARDED TWO 10,000 SCHOLARSHIPS TO TWO NABI ALUMNI AND ALLOCATED TWO 10,000 SCHOLARSHIPS FOR 2023 AFTER THE CLOSE OF THE ORGANIZATION. THE FOUNDATION ALSO PARTNERED WITH GYMS TO RAISE OVER 100K FOR NATIVE YOUTH BASKETBALL AND YOUTH PROGRAMS. FINALLY, NABI WAS HONORED IN A ORGINATIV PHOENIX SUNS GAME FOR OUR WORK IN THE NATIVE AMERICAN COMMUNITY THROUGH THE SPORT OF BASKETBALL.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $602,862
Program Service Revenue $368,495
Investment Income $2,772
Other Revenue $10,355
TOTAL REVENUE $984,484

Expense Breakdown

Grants Paid $206,069
Salaries & Benefits $331,914
Fundraising Expenses $56,849
Program Expenses $1,046,762
Other Expenses $693,691
TOTAL EXPENSES $1,231,674

Year-over-Year Comparison

2022 2021 Change
Revenue $984,484 $818,475 +0.2%
Expenses $1,231,674 $731,821 +0.7%
Net Income $-247,190 $86,654 -3.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
7
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$191,482
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GINA MARIE SCARPA PRESIDENT CEO 050.00
Officer
$191,482 $0 $191,482
ERNIE STEVENS JR CHAIRMAN 002.50
Officer Director
$0 $0 $0
SAMMY GOE VICE CHAIRMAN 002.50
Officer Director
$0 $0 $0
ONDREA BARDER TREASURER 005.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $984,484 $1,231,674 No data $-247,190
2021 $818,475 $731,821 $450,261 $86,654
2020 $391,443 $421,611 $310,617 $-30,168
2019 $752,306 $683,849 $190,785 $68,457
2018 $629,297 $591,217 $119,181 $38,080
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