ATLANTA BASKETBALL HOST COMMITTEE INC Charity Report

Tax-exempt status may be revoked

ATLANTA BASKETBALL HOST COMMITTEE INC

EIN 91-1984510 · Basketball (N62)

What they do

THE ATLANTA BASKETBALL HOST COMMITTEE (ABHC) is RESPONSIBLE for ASSISTING WITH THE PLANNING and PRODUCTION of THE 2020 NCAA FINAL FOUR and ACCOMPANYING FAN EVENTS. THE ABHC is COMPRISED of LOCAL LEADERS IN BUSINESS, SPORTS and TOURISM and ITS MISSION is to HOST A ONE-OF-A-KIND CHAMPIONSHIP EXPERIENCE for STUDENT-ATHLETES, PARTICIPATING INSTITUTIONS, FANS and MEDIA.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.49%of revenue went to mission work54.3% of expenses · Program services

5.99%of revenue went to fundraising4.0% of expenses

$150.07spent for every $100 of revenueSpending was higher than revenue this year.

62.60%of revenue went to management and office costs41.7% of expenses

$0.06in assets for every $1 spent this yearSome assets cannot be spent right away.

99.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,230,319 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,456,960

Mission workProgram services$2,002,16081.49% of revenue54.3% of expenses

ManagementOffice and general costs$1,538,05162.60% of revenue41.7% of expenses

FundraisingAsking for donations$147,0685.99% of revenue4.0% of expenses

Total expenses$3,687,279150.07% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2019CurrentExpense mix: 54.3% mission · 41.7% management · 4.0% fundraisingTotal expenses: 150.07% of revenue

2018Expense mix: 15.4% mission · 84.2% management · 0.4% fundraisingTotal expenses: 37.26% of revenue

2017Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 26.80% of revenue

Money in and money out

Revenue$2,456,960

Expenses$3,687,279

Annual shortfall $1,230,319 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,002,160 · 54.3% of expenses

Management and office costs$1,538,051 · 41.7% of expenses

Fundraising$147,068 · 4.0% of expenses

See all reported dollar amounts

Revenue$2,456,960

Expenses$3,687,279

Assets$206,440

Income$2,456,960

Contributions$2,453,900

Mission work (program services)$2,002,160

Fundraising$147,068

Management and general$1,538,051

People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (9)

DAN CORSOCHAIRMAN

DAVID EPPSBOARD MEMBER

FRANK POETREASURER

JENNIFER BALLBOARD MEMBER

JOHN GRANTBOARD MEMBER

RICH MCKAYBOARD MEMBER

SCOTT MCCUNEVICE CHAIR

STEVE RIDDELLBOARD MEMBER

WILLIAM PATESECRETARY

About this charity

Location: 285 ANDREW YOUNG INTERNATIONAL BLVD, ATLANTA, GA 30313
County: Fulton
In care of: FRANK POE
Primary officer: FRANK POE, TREASURER

How to reach them

Phone(404) 223-4206

Filing and classification

Latest tax year: 2019
Tax period began: July 1, 2019
Return type: 990
Tax preparer: WILSON LEWIS
NTEE classification: Basketball (N62)
IRS tax category: Basketball
Revocation date: November 15, 2023