5050 Foundation
Teaches basketball fundamentals and sportsmanship to high school students, promoting education and teamwork. For fiscal year 2024 it reported $398K in revenue, $273K in expenses, and $163K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Recreation & Sports
- Location
- Brentwood, TN
- Filings
- 2 on file (2023–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
The organization supported tournament related costs for 4 basketball teams, totaling 39 high school age players.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 95% | — | — |
| Overhead ratio | 4% | — | — |
| Fundraising cost ratio | 0.5% | — | — |
| Revenue growth | 166% | — | — |
| Accounting fee ratio | 4% | — | — |
| Fundraising fee ratio | 1% | — | — |
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
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Sources
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