Chris Paul Family Foundation INC EIN 47-2373649

Chris Paul Family Foundation INC

EIN  47-2373649 Public charity (501(c)(3)) Lewisville, NC Founded 2014
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Enriching and strengthening communities through resources for healthy development.
Leadership
Chris Paul · President/Director
Money in and out
$371K revenue, $371K expenses
Bottom line
99% program efficiency

Enriching and strengthening communities through resources for healthy development. For fiscal year 2025 it reported $371K in revenue, $371K in expenses, and $3K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$371K
Pt VIII · Ln 12
Total expenses
$371K
Pt IX · Ln 25
Net assets
$3K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $425
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs0% vs prior filing year
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
0%
revenue over expenses, this year▲ +103% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$371K
FY2025▲ +34%
Expenses
$371K
FY2025▲ +28%
Total assets
$3K
FY2025▲ +14%
Total liabilities
$0
FY2025
Total revenue
$371K
Pt VIII · Ln 12
Total expenses
$371K
Pt IX · Ln 25
Net assets
$3K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$425
Total assetsPt X · Ln 16$3K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $368K of program spending, described in the organization's own filed words · FY2025.
01

During 2025, the organization sponsored multiple aau youth basketball teams, including a girls' team, by providing funding for travel, coaching staffs, and other costs necessary to facilitate youth basketball programs.

$368Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChris Paul Family Foundation INC
EINHdr · item D47-2373649
Principal addressHdr · item CLewisville, NC
Year of formationHdr · item L2014
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFNov 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Director
$0Pt VII · Sec A
Treasury/Secretary/Directo
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$371K
Total revenueLn 12$371K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$368K
Management & general1%$3K
Total functional expensesLn 25$371K

Balance Sheet

Part X · end of year
CashLn 1$3K
Total assetsLn 16$3K
Total liabilitiesLn 26$0
Total net assetsLn 32$3K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3K · Operating expenses/yr $371K
0.1 months
Where the money goes
Program services
Program services $368K · Total expenses $371K
99%
Management & General
Management & general $3K · Total expenses $371K
1%
Fundraising
Fundraising $0 · Total expenses $371K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $290K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $371K · Total revenue $371K
100%
Government reliance
Government grants — · Total revenue $371K
Earned-income share
Program service revenue $0 · Total revenue $371K
0%
Investment reliance
Investment income $0 · Total revenue $371K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $371K
0%
Growth & trend
Revenue growth (YoY)
This year $371K · Prior year $278K
+34%
Revenue CAGR
FY2020 $321K · FY2025 $371K
+3%
Net-asset trend (YoY)
End of year $3K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $371K · Expenses $371K
0%
Liabilities-to-Assets
Total liabilities — · Total assets $3K
Net-asset ratio
Net assets $3K · Total assets $3K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Chris Paul · Reported title PRESIDENT/DIRECTOR · Highest reported compensation $0 · Total expenses $371K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $371K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Revenue growth 34%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$5K
Grants paid · 7 grants · $380K · 2020–2021
Edward Charles FoundationCA · FY2021$150,000
North Carlina A&t State University Professor Salaries - Bus of Sports MedFY2021$36,000
Entertainment Industry Foundation Social Justice Change FundFY2020$100,000
North Carolina A&t State UniversityFY2020$26,300
Entertainment Industry Foundation Hbcu Internship in La 2021FY2020$25,000
Edward Charles FoundationCA · FY2020$25,000
North Carlina A&t State University Professor Salaries - Bus of Sports MedFY2020$18,000

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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
FY2025 (Latest)$371K revenue · viewing · ⤓ 990 PDF
FY2024$278K revenue · ⤓ 990 PDF
FY2023$221K revenue · ⤓ 990 PDF
FY2022$245K revenue · ⤓ 990 PDF
FY2021$350K revenue · ⤓ 990 PDF
FY2020$321K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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