DRIVE BASKETBALL

EIN: 473355939 501(c)(3) Recreation & Sports

POULSBO, WA

Total Revenue
$58,513
Total Expenses
$77,504
Total Assets
$17,650
Net Assets
$17,650
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
WA
Principal Officer
LORA BENSON
Phone
3602716717
Tax Period
2018-01-01 to 2018-12-31

DRIVE BASKETBALL, founded in 2015, is a micro nonprofit in the Recreation & Sports sector that reported $59K in total revenue in fiscal year 2018. Revenue decreased 17% compared to the prior year. Expenses of $78K exceeded revenue, resulting in a 32% operating deficit.

Mission

DRIVE BASKETBALL AIMS TO HELP ALL PLAYERS REACH THEIR GREATEST POTENTIAL AS PEOPLE AND ATHLETES THROUGH THE GAME OF BASKETBALL. WE BELIEVE THAT ATHLETICS PROVIDE THE OPPORTUNITY FOR YOUNG PEOPLE TO FORM LIFE-LONG VALUES THAT WILL IMPACT THEIR LIVES BEYOND THE COURT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $58,513
Investment Income $0
Other Revenue $0
TOTAL REVENUE $58,513

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,500
Fundraising Expenses $0
Program Expenses $60,818
Other Expenses $61,004
TOTAL EXPENSES $77,504

Year-over-Year Comparison

2018 2017 Change
Revenue $58,513 $70,147 -0.2%
Expenses $77,504 $77,543 0.0%
Net Income $-18,991 $-7,396 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORA BENSON TREASURER N/A
Officer
$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
2018 $58,513 $77,504 $17,650 $-18,991
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