New Jersey · Nonprofit
SUMMIT BASKETBALL CLUB
SUMMIT BASKETBALL CLUB (New Jersey) receives grants from 1 organization whose IRS filings report $50 to it, the largest being CHUBB CHARITABLE FOUNDATION ($50). 0 of them have funded it in more than one year.
- Revenue FY2024
- $168k
- Funders on record
- 1
- Grants received
- $50
- Net assets
- $74k
What Summit Basketball Club does
Mission
To provide the City of Summit, in partnership with the Department of Community Programs, a full range of basketball opportunities for all Summit residents from grades 3-8, including an In Town League from grades 3-8 and a Travel Program from grades 5-8. To offer all interested basketball players from 3rd through 8th grade a competitive yet educational environment to develop their basketball skills. The In Town League will offer participants both practice time and clinics along with a competitive team-oriented season. The Travel Program will offer 5th through 8th grade Summit basketball players with more highly developed skills the opportunity to play against higher level competition in a multi-town league. The required practice and skill development demands for these players will be greater than those for the In Town League. The level of commitment demanded from these players will also be higher-commensurate with the demands of the Travel Program. Furthermore, the organization will be
As stated on its FY2024 Form 990-EZ.
Program
Summit basketball league
$188,167 spent100% of program spending
The program described on its FY2024 Form 990-EZ. Program spending in total: $188,167.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $86k to $59k (−31%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
16% of SUMMIT BASKETBALL CLUB’s revenue is contributions — about as donation-reliant as the typical peer (18% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of SUMMIT BASKETBALL CLUB’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
SUMMIT BASKETBALL CLUB draws 100% of its grant income from funders outside New Jersey, across 1 state in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SUMMIT BASKETBALL CLUB's revenue grew 33% between 2017 and 2024.
this organization peer median middle 50% of peers· 15,520 recreation & sports nonprofits $100k–$1M, FY2024
Organizations like SUMMIT BASKETBALL CLUB
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for SUMMIT BASKETBALL CLUB: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SUMMIT BASKETBALL CLUB?
- SUMMIT BASKETBALL CLUB (New Jersey) receives grants from 1 organization whose IRS filings report $50 to it, the largest being CHUBB CHARITABLE FOUNDATION ($50). 0 of them have funded it in more than one year.
- How many funders does SUMMIT BASKETBALL CLUB have?
- IRS filings report 1 organization giving $50 in grants to SUMMIT BASKETBALL CLUB.
- Who is the largest funder of SUMMIT BASKETBALL CLUB?
- CHUBB CHARITABLE FOUNDATION is the largest funder on record, with $50 in grants. The full list of funders is on this page.
- How can an organization like SUMMIT BASKETBALL CLUB find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Summit Basketball Club →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing