Civic Intelligence

Nbn Sports Academy Inc

EIN 84-2000530 • 501(c)3 • New Castle, DE

Profile

Our mission: nothing but net sports academy (nbnsa) is a 501-c3 non-profit organization wholly dedicated to providing delaware youth from ages 4 to 18 with supervised, fundamental learning experiences in athletics, academics and life skills. Nbnsa provides financial assistance for eligible nbnsa student athletes, offering access to our programs and contributing to educational expenses including tuition for middle school to college/trade school. Teach and coach skills in a variety of sports through clinics, leagues and competitions, while also facilitating character and sportsmanship development promote, encourage and improve the standard of recreational and amateur sports in delaware foster the values of integrity, fair play, teamwork, mutual respect and the pursuit of excellence through hard work develop self-confidence, concentration, discipline and physical fitness by focusing on the positive, fun aspects of learning reward nbnsa student athletes who exemplify our mission by providi

83 Charles AveNew Castle, DE 19720
Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

2nd percentile

-245%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

18th percentile

-13%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-95%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$821,147

Down $126,450 (-13%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$821,147

Down $126,450 (-13%) from 2022

Revenue

Down

$51,580

Down $1,053,699 (-95%) from 2022

Expenses

Up

$178,030

Up $20,230 (+13%) from 2022

Net Income

Down

-$126,450

Down $1,073,929 (-113%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2019: $2,528Net Assets 2019: $2,5282019Assets 2020: $2,386Net Assets 2020: $2,3862020Assets 2021: $118Net Assets 2021: $1182021Assets 2022: $947,597Liabilities 2022: $0Net Assets 2022: $947,5972022Assets 2023: $821,147Liabilities 2023: $0Net Assets 2023: $821,1472023

Highlighted filing

2023

Assets$821,147
Liabilities$0
Net Assets$821,147

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $12,175Expenses 2019: $9,647Net Income 2019: $2,5282019Revenue 2020: $58,460Expenses 2020: $58,602Net Income 2020: -$1422020Revenue 2021: $92,791Expenses 2021: $95,061Net Income 2021: -$2,2702021Revenue 2022: $1,105,279Expenses 2022: $157,800Net Income 2022: $947,4792022Revenue 2023: $51,580Expenses 2023: $178,030Net Income 2023: -$126,4502023

Highlighted filing

2023

Revenue$51,580
Expenses$178,030
Net Income-$126,450

Filings

Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 2, 2021
Return Version
2020v4.0
Gross Receipts
$58,460
Mission and Program Overview

Mission

Our mission: nothing but net sports academy (nbnsa) is a 501-c3 non-profit organization wholly dedicated to providing delaware youth from ages 4 to 18 with supervised, fundamental learning experiences in athletics, academics and life skills. Nbnsa provides financial assistance for eligible nbnsa student athletes, offering access to our programs and contributing to educational expenses including tuition for middle school to college/trade school. Teach and coach skills in a variety of sports through clinics, leagues and competitions, while also facilitating character and sportsmanship development promote, encourage and improve the standard of recreational and amateur sports in delaware foster the values of integrity, fair play, teamwork, mutual respect and the pursuit of excellence through hard work develop self-confidence, concentration, discipline and physical fitness by focusing on the positive, fun aspects of learning reward nbnsa student athletes who exemplify our mission by providi

Program Services

DescriptionGrantsExpenses
OUR MISSION: NOTHING BUT NET SPORTS ACADEMY (NBNSA) IS A 501-C3 NON-PROFIT ORGANIZATION WHOLLY DEDICATED TO PROVIDING DELAWARE YOUTH FROM AGES 4 TO 18 WITH SUPERVISED, FUNDAMENTAL LEARNING EXPERIENCES IN ATHLETICS, ACADEMICS AND LIFE SKILLS. NBNSA PROVIDES FINANCIAL ASSISTANCE FOR ELIGIBLE NBNSA STUDENT ATHLETES, OFFERING ACCESS TO OUR PROGRAMS AND CONTRIBUTING TO EDUCATIONAL EXPENSES INCLUDING TUITION FOR MIDDLE SCHOOL TO COLLEGE/TRADE SCHOOL. TEACH AND COACH SKILLS IN A VARIETY OF SPORTS THROUGH CLINICS, LEAGUES AND COMPETITIONS, WHILE ALSO FACILITATING CHARACTER AND SPORTSMANSHIP DEVELOPMENT PROMOTE, ENCOURAGE AND IMPROVE THE STANDARD OF RECREATIONAL AND AMATEUR SPORTS IN DELAWARE FOSTER THE VALUES OF INTEGRITY, FAIR PLAY, TEAMWORK, MUTUAL RESPECT AND THE PURSUIT OF EXCELLENCE THROUGH HARD WORK DEVELOP SELF-CONFIDENCE, CONCENTRATION, DISCIPLINE AND PHYSICAL FITNESS BY FOCUSING ON THE POSITIVE, FUN ASPECTS OF LEARNING REWARD NBNSA STUDENT ATHLETES WHO EXEMPLIFY OUR MISSION BY PROVIDING VARIOUS LEVELS OF FINANCIAL ASSISTANCE WITHIN THE NBNSA PROGRAM AND HELP TO DEFRAY THE COST OF HIGHER EDUCATION IMPART LIFE SKILLS IN AREAS OF NUTRITION AND PERSONAL FINANCE MANAGEMENT VIA ACADEMIC TUTORING AND COMMUNITY SERVICE EXPERIENCE.-$58,602
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LONNIE WRIGHTPresidentFT$0--
KELLY ALBANESSEVice PresidePT$0--
BILL PRITCHARDOfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Nbn Sports Academy Inc
EIN
84-2000530
Phone
3027575944
Address
83 CHARLES AVE, NEW CASTLE, DE 19720

Signing Officer

Name
Lonnie Wright
Title
President
Phone
3027575944
Signed
2021-07-02
Discuss with paid preparer
Yes

Preparer

Firm
Dingle & Kane Pa
Address
356 EAST MAIN STREET STE 100, NEWARK, DE 19711
Preparer
William J Kane Sr
Phone
3027315200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 364 meals 4,860 team parties 125 insurance 761 auto 2,511 bank service charges 878 concession supplies 2,173 dues & subscriptions 58 equipment 1,954 awards 193 office supplies 637 officials 2,720 telephone expense 2,082 uniforms 17,802 miscellaneous 142 photographs 125 website 288 tournament expense 10,339 repairs 192 taxes & licenses 288 total 48,492

Form 990-ez, Part III

Our mission: nothing but net sports academy (nbnsa) is a 501-c3 non-profit organization wholly dedicated to providing delaware youth from ages 4 to 18 with supervised, fundamental learning experiences in athletics, academics and life skills. Nbnsa provides financial assistance for eligible nbnsa student athletes, offering access to our programs and contributing to educational expenses including tuition for middle school to college/trade school. Teach and coach skills in a variety of sports through clinics, leagues and competitions, while also facilitating character and sportsmanship development promote, encourage and improve the standard of recreational and amateur sports in delaware foster the values of integrity, fair play, teamwork, mutual respect and the pursuit of excellence through hard work develop self-confidence, concentration, discipline and physical fitness by focusing on the positive, fun aspects of learning reward nbnsa student athletes who exemplify our mission by providing various levels of financial assistance within the nbnsa program and help to defray the cost of higher education impart life skills in areas of nutrition and personal finance management via academic tutoring and community service experience.

Form 990-ez, Part III, Line 28

Our mission: nothing but net sports academy (nbnsa) is a 501-c3 non-profit organization wholly dedicated to providing delaware youth from ages 4 to 18 with supervised, fundamental learning experiences in athletics, academics and life skills. Nbnsa provides financial assistance for eligible nbnsa student athletes, offering access to our programs and contributing to educational expenses including tuition for middle school to college/trade school. Teach and coach skills in a variety of sports through clinics, leagues and competitions, while also facilitating character and sportsmanship development promote, encourage and improve the standard of recreational and amateur sports in delaware foster the values of integrity, fair play, teamwork, mutual respect and the pursuit of excellence through hard work develop self-confidence, concentration, discipline and physical fitness by focusing on the positive, fun aspects of learning reward nbnsa student athletes who exemplify our mission by providing various levels of financial assistance within the nbnsa program and help to defray the cost of higher education impart life skills in areas of nutrition and personal finance management via academic tutoring and community service experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 364 MEALS 4,860 TEAM PARTIES 125 INSURANCE 761 AUTO 2,511 BANK SERVICE CHARGES 878 CONCESSION SUPPLIES 2,173 DUES & SUBSCRIPTIONS 58 EQUIPMENT 1,954 AWARDS 193 OFFICE SUPPLIES 637 OFFICIALS 2,720 TELEPHONE EXPENSE 2,082 UNIFORMS 17,802 MISCELLANEOUS 142 PHOTOGRAPHS 125 WEBSITE 288 TOURNAMENT EXPENSE 10,339 REPAIRS 192 TAXES & LICENSES 288 TOTAL 48,492
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OUR MISSION: NOTHING BUT NET SPORTS ACADEMY (NBNSA) IS A 501-C3 NON-PROFIT ORGANIZATION WHOLLY DEDICATED TO PROVIDING DELAWARE YOUTH FROM AGES 4 TO 18 WITH SUPERVISED, FUNDAMENTAL LEARNING EXPERIENCES IN ATHLETICS, ACADEMICS AND LIFE SKILLS. NBNSA PROVIDES FINANCIAL ASSISTANCE FOR ELIGIBLE NBNSA STUDENT ATHLETES, OFFERING ACCESS TO OUR PROGRAMS AND CONTRIBUTING TO EDUCATIONAL EXPENSES INCLUDING TUITION FOR MIDDLE SCHOOL TO COLLEGE/TRADE SCHOOL. TEACH AND COACH SKILLS IN A VARIETY OF SPORTS THROUGH CLINICS, LEAGUES AND COMPETITIONS, WHILE ALSO FACILITATING CHARACTER AND SPORTSMANSHIP DEVELOPMENT PROMOTE, ENCOURAGE AND IMPROVE THE STANDARD OF RECREATIONAL AND AMATEUR SPORTS IN DELAWARE FOSTER THE VALUES OF INTEGRITY, FAIR PLAY, TEAMWORK, MUTUAL RESPECT AND THE PURSUIT OF EXCELLENCE THROUGH HARD WORK DEVELOP SELF-CONFIDENCE, CONCENTRATION, DISCIPLINE AND PHYSICAL FITNESS BY FOCUSING ON THE POSITIVE, FUN ASPECTS OF LEARNING REWARD NBNSA STUDENT ATHLETES WHO EXEMPLIFY OUR MISSION BY PROVIDING VARIOUS LEVELS OF FINANCIAL ASSISTANCE WITHIN THE NBNSA PROGRAM AND HELP TO DEFRAY THE COST OF HIGHER EDUCATION IMPART LIFE SKILLS IN AREAS OF NUTRITION AND PERSONAL FINANCE MANAGEMENT VIA ACADEMIC TUTORING AND COMMUNITY SERVICE EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OUR MISSION: NOTHING BUT NET SPORTS ACADEMY (NBNSA) IS A 501-C3 NON-PROFIT ORGANIZATION WHOLLY DEDICATED TO PROVIDING DELAWARE YOUTH FROM AGES 4 TO 18 WITH SUPERVISED, FUNDAMENTAL LEARNING EXPERIENCES IN ATHLETICS, ACADEMICS AND LIFE SKILLS. NBNSA PROVIDES FINANCIAL ASSISTANCE FOR ELIGIBLE NBNSA STUDENT ATHLETES, OFFERING ACCESS TO OUR PROGRAMS AND CONTRIBUTING TO EDUCATIONAL EXPENSES INCLUDING TUITION FOR MIDDLE SCHOOL TO COLLEGE/TRADE SCHOOL. TEACH AND COACH SKILLS IN A VARIETY OF SPORTS THROUGH CLINICS, LEAGUES AND COMPETITIONS, WHILE ALSO FACILITATING CHARACTER AND SPORTSMANSHIP DEVELOPMENT PROMOTE, ENCOURAGE AND IMPROVE THE STANDARD OF RECREATIONAL AND AMATEUR SPORTS IN DELAWARE FOSTER THE VALUES OF INTEGRITY, FAIR PLAY, TEAMWORK, MUTUAL RESPECT AND THE PURSUIT OF EXCELLENCE THROUGH HARD WORK DEVELOP SELF-CONFIDENCE, CONCENTRATION, DISCIPLINE AND PHYSICAL FITNESS BY FOCUSING ON THE POSITIVE, FUN ASPECTS OF LEARNING REWARD NBNSA STUDENT ATHLETES WHO EXEMPLIFY OUR MISSION BY PROVIDING VARIOUS LEVELS OF FINANCIAL ASSISTANCE WITHIN THE NBNSA PROGRAM AND HELP TO DEFRAY THE COST OF HIGHER EDUCATION IMPART LIFE SKILLS IN AREAS OF NUTRITION AND PERSONAL FINANCE MANAGEMENT VIA ACADEMIC TUTORING AND COMMUNITY SERVICE EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
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