Civic Intelligence

Birmingham Tip Off Club Foundation

EIN 63-0859208 • 501(c)3 • Birmingham, AL

Profile

The purpose of the foundation is to promote the health,education development and welfare of young people in alabama through encouragement and participation in basketball activities and to assist charitable organizations who provide youth basketball events,leagues and events. The organization has been inactive for several years but recognized several opportunities to help with several projects in keeping with it's purpose and a chance for fundraising events.

2019 Fourth Avenue North Ste 101Birmingham, AL 35203

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2019

Net Margin

83rd percentile

32%

Higher net margin than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$43,198

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$43,198

No earlier filing loaded for comparison.

Revenue

$54,458

No earlier filing loaded for comparison.

Expenses

$36,931

No earlier filing loaded for comparison.

Net Income

$17,527

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2019: $43,198Net Assets 2019: $43,1982019

Highlighted filing

2019

Assets$43,198
Liabilities-
Net Assets$43,198

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2019: $54,458Expenses 2019: $36,931Net Income 2019: $17,5272019

Highlighted filing

2019

Revenue$54,458
Expenses$36,931
Net Income$17,527

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$43.2$43.2$54.5$36.9$17.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2018 to Apr 30, 2019
Signed
Feb 25, 2020
Return Version
2018v3.2
Gross Receipts
$68,191
Mission and Program Overview

Mission

The purpose of the foundation is to promote the health,education development and welfare of young people in alabama through encouragement and participation in basketball activities and to assist charitable organizations who provide youth basketball events,leagues and events. The organization has been inactive for several years but recognized several opportunities to help with several projects in keeping with it's purpose and a chance for fundraising events.

Program Services

DescriptionGrantsExpenses
LUNCHEON AT END OF HIGH SCHOOL BASKETBALL SEASON TO RECOGNIZE WINNERS OF FOLLOWING AWARDS FROM GREATER BIRMINGHAM AREA: BOYS HIGH SCHOOL PLAYER OF THE YEAR GIRLS HIGH SCHOOL PLAYER OF THE YEAR BOYS HIGH SCHOOL COACH OF THE YEAR GIRLS HIGH SCHOOL COACH OF THE YEAR BOYS JUNIOR COLLEGE COACH OF THE YEAR FOR ALABAMA GIRLS JUNIOR COLLEGE COACH OF THE YEAR-$6,084
DONORS AND OTHERS WERE REQUESTED TO SERVE AS VOLUNTEERS AT ALABAMA HIGH SCHOOL BOYS AND GIRLS STATE CHAMPIONSHIP TOURNAMENT HELD AT LEGACY ARENA IN BIRMINGHAM,ALABAMA.TOUNAMENT INCLUDED A TOTAL OF 56 TEAMS IN 7 CLASSIFICATIONS OVER 6 DAYS. HAD APPROXIMATELY 40 VOLUNTEERS SERVE AS TEAM HOSTS, HOSPITALITY ROOM HOSTS AND OTHER POSITIONS.-$3,692
PLANNING FOR A YOUTH BASKETBALL CLINIC FOR INNER CITY BIRMINGHAM BOYS AND GIRLS GRADES 2-6 FOR A DAY OF FUNDAMENTAL BASKETBALL INSTRUCTION,WITH HIGH SCHOOL COACHES AND SPEAKERS. APPROXIMATELY 200 YOUNGTERS ATTENDED WITH 20 COACHES ATTENDING THE EVENT IN MAY,2019. BUDGET FOR THE EVENT WAS 9,000 WITH 3,048 EXPENSES INCURRED IN F/Y/E 4/30/19.-$3,048
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTTY COLSONPresident-$0--
DICK COFFEESecretary Tr-$0--
CHRIS NIXDirector-$0--
CLAYTON BROMBERGDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tip Off Luncheo$27,313$18,563-$18,563
Tip Off Party$29,600$10,000-$10,000
Total Events$56,913$28,563$13,733$14,830
Filing and Contact Details

Filer

Filer Name
Birmingham Tip Off Club Foundation
EIN
63-0859208
Phone
2052518423
Address
2019 FOURTH AVENUE NORTH STE 101, BIRMINGHAM, AL 35203

Signing Officer

Name
Scotty Colson
Title
President
Phone
2052268830
Signed
2020-02-25
Discuss with paid preparer
Yes

Preparer

Firm
Conrad Burnett Norris & Gordon LLC
Address
1800 PROVIDENCE PARK STE 100, BIRMINGHAM, AL 35242-5043
Preparer
James W Conrad Iii
Phone
2059805999
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 375 bank charges 72 office supplies 589 meetings 1,637 liability insurance 1,505 luncheon 3,692 awards 628 videos 800 miscellaneous 177 speaker 500 speaker expenses 287 luncheon 3,692 youth clinic 3,048 total 17,002

Form 990-ez, Part III

The purpose of the foundation is to promote the health,education development and welfare of young people in alabama through encouragement and participation in basketball activities and to assist charitable organizations who provide youth basketball events,leagues and events. The organization has been inactive for several years but recognized several opportunities to help with several projects in keeping with it's purpose and a chance for fundraising events.

Form 990-ez, Part III, Line 28

Luncheon at end of high school basketball season to recognize winners of following awards from greater birmingham area: boys high school player of the year girls high school player of the year boys high school coach of the year girls high school coach of the year boys junior college coach of the year for alabama girls junior college coach of the year

Form 990-ez, Part III, Line 29

Donors and others were requested to serve as volunteers at alabama high school boys and girls state championship tournament held at legacy arena in birmingham,alabama.tounament included a total of 56 teams in 7 classifications over 6 days. Had approximately 40 volunteers serve as team hosts, hospitality room hosts and other positions.

Form 990-ez, Part III, Line 30

Planning for a youth basketball clinic for inner city birmingham boys and girls grades 2-6 for a day of fundamental basketball instruction,with high school coaches and speakers. Approximately 200 youngters attended with 20 coaches attending the event in may,2019. Budget for the event was 9,000 with 3,048 expenses incurred in f/y/e 4/30/19.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 375 BANK CHARGES 72 OFFICE SUPPLIES 589 MEETINGS 1,637 LIABILITY INSURANCE 1,505 LUNCHEON 3,692 AWARDS 628 VIDEOS 800 MISCELLANEOUS 177 SPEAKER 500 SPEAKER EXPENSES 287 LUNCHEON 3,692 YOUTH CLINIC 3,048 TOTAL 17,002
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PURPOSE OF THE FOUNDATION IS TO PROMOTE THE HEALTH,EDUCATION DEVELOPMENT AND WELFARE OF YOUNG PEOPLE IN ALABAMA THROUGH ENCOURAGEMENT AND PARTICIPATION IN BASKETBALL ACTIVITIES AND TO ASSIST CHARITABLE ORGANIZATIONS WHO PROVIDE YOUTH BASKETBALL EVENTS,LEAGUES AND EVENTS. THE ORGANIZATION HAS BEEN INACTIVE FOR SEVERAL YEARS BUT RECOGNIZED SEVERAL OPPORTUNITIES TO HELP WITH SEVERAL PROJECTS IN KEEPING WITH IT'S PURPOSE AND A CHANCE FOR FUNDRAISING EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LUNCHEON AT END OF HIGH SCHOOL BASKETBALL SEASON TO RECOGNIZE WINNERS OF FOLLOWING AWARDS FROM GREATER BIRMINGHAM AREA: BOYS HIGH SCHOOL PLAYER OF THE YEAR GIRLS HIGH SCHOOL PLAYER OF THE YEAR BOYS HIGH SCHOOL COACH OF THE YEAR GIRLS HIGH SCHOOL COACH OF THE YEAR BOYS JUNIOR COLLEGE COACH OF THE YEAR FOR ALABAMA GIRLS JUNIOR COLLEGE COACH OF THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DONORS AND OTHERS WERE REQUESTED TO SERVE AS VOLUNTEERS AT ALABAMA HIGH SCHOOL BOYS AND GIRLS STATE CHAMPIONSHIP TOURNAMENT HELD AT LEGACY ARENA IN BIRMINGHAM,ALABAMA.TOUNAMENT INCLUDED A TOTAL OF 56 TEAMS IN 7 CLASSIFICATIONS OVER 6 DAYS. HAD APPROXIMATELY 40 VOLUNTEERS SERVE AS TEAM HOSTS, HOSPITALITY ROOM HOSTS AND OTHER POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PLANNING FOR A YOUTH BASKETBALL CLINIC FOR INNER CITY BIRMINGHAM BOYS AND GIRLS GRADES 2-6 FOR A DAY OF FUNDAMENTAL BASKETBALL INSTRUCTION,WITH HIGH SCHOOL COACHES AND SPEAKERS. APPROXIMATELY 200 YOUNGTERS ATTENDED WITH 20 COACHES ATTENDING THE EVENT IN MAY,2019. BUDGET FOR THE EVENT WAS 9,000 WITH 3,048 EXPENSES INCURRED IN F/Y/E 4/30/19.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 30
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