Ssipp Select Basketball Mentoring Program EIN 38-4108961

Ssipp Select Basketball Mentoring Program

EIN  38-4108961 Public charity (501(c)(3)) Gulfport, MS
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides mentoring, tutoring, and meals to at-risk youth and seniors.
Leadership
Leonard Bennett · President · $45K
Money in and out
$181K revenue, $68K expenses
Bottom line
34% program efficiency

Provides mentoring, tutoring, and meals to at-risk youth and seniors. For fiscal year 2022 it reported $181K in revenue, $68K in expenses.Pt I

Where the money goes · FY2022
Total revenue
$181K
Pt VIII · Ln 12
Total expenses
$68K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $113K
Where spending went · Part IX cols B–D
Program services $0.34 Management & general $0.66
Program efficiency
34%
of spending reaches programs
Surplus margin
+62%
revenue over expenses, this year
Donor-funded
100%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$181K
FY2022
Expenses
$68K
FY2022
Total assets
$0
FY2022
Total liabilities
$0
FY2022
Total revenue
$181K
Pt VIII · Ln 12
Total expenses
$68K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$113K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B34%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service account for $23K of program spending, described in the organization's own filed words · FY2022.
01

Team expenses travel to games and tournments, uniforms, lodging, food

$23Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSsipp Select Basketball Mentoring Program
EINHdr · item D38-4108961
Principal addressHdr · item CGulfport, MS
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B80)
Ruling yearIRS BMFAug 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$45,250Pt VII · Sec A

Leonard Bennett’s $45K as President is at the 88th percentile of top reported officer pay among 144 <$100K education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants100%$181K
Total revenueLn 12$181K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.34 Management & general $0.66
Program services34%$23K
Management & general66%$45K
Total functional expensesLn 25$68K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $68K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $23K · Total expenses $68K
34%
Management & General
Management & general $45K · Total expenses $68K
66%
Fundraising
Fundraising $0 · Total expenses $68K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $181K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $181K · Total revenue $181K
100%
Government reliance
Government grants — · Total revenue $181K
Earned-income share
Program service revenue $0 · Total revenue $181K
0%
Investment reliance
Investment income $0 · Total revenue $181K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $68K
0%
Growth & trend
Revenue growth (YoY)
This year $181K · Prior year $0
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $181K · Expenses $68K
+62%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Leonard Bennett · Reported title President · Highest reported compensation $45K · Total expenses $68K
66%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $68K · Total expenses $68K
100%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 34%
Overhead ratio 66%
Fundraising cost ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2022 (Latest)$181K revenue · viewing · ⤓ 990 PDF
FY2021$0 revenue · ⤓ 990 PDF
FY2020$0 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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