T C Basketball Inc is a 501(c)(3) organization based in Jensen Beach, Florida, registered in 2016, with $454,734 in FY2022 revenue. CharityIndex grades it C.
Revenue (FY2022)
$455K
▲ 45.4% vs prior year
Recreation median: $129K
Expenses (FY2022)
$359K
Net assets
$193K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for T C Basketball Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For T C Basketball Inc: 6 mo reserves · +21% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for T C Basketball Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For T C Basketball Inc: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue grew from $162K (FY2016) to $455K (FY2022) across 6 reported years.
Financial snapshot
Operating margin
20.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$193K
Total liabilities
$0
Net assets
$193K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $454,734▲45.4% | $359,470▲52.0% | $193,357▲97.1% | $193,357▲97.1% | 990 |
| 2021 | $312,676▲166% | $236,507▲131% | $98,093▲368% | $98,093▲368% | 990 |
| 2019 | $117,767▼43.8% | $102,526▼49.8% | $20,979▲266% | $20,979▲266% | 990EZ |
| 2018 | $209,463▲36.9% | $204,437▲34.2% | $5,738▲706% | $5,738▲706% | 990 |
| 2017 | $152,958▼5.5% | $152,319▼5.9% | $712▲875% | $712▲875% | 990EZ |
| 2016 | $161,882 | $161,809 | $73 | $73 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to T C Basketball Inc totaling $5,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2024 | $5,000 |
Explore more
Data for T C Basketball Inc (EIN 47-2245794) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.