Public Charity

WAKE COUNTY BASKETBALL ASSOCIATION

WAKE COUNTY BASKETBALL ASSOCIATION is a Public Charity headquartered in Raleigh, NC. Financial data from the 2025 filing: $479K revenue, $493K expenses, $102K total assets.

EIN: 201136048 Raleigh, NC Basketball NTEE: N62 Latest filing: 2025
Total Revenue$479K
Total Expenses$493K
Total Assets$102K
Grant Records0
Filing Years2021–2025

Mission

PROVIDE GYM SPACE RENTED FROM SCHOOLS AND VOLUNTEER COACHES FOR APPROXIMATELY 500 YOUTH AGES 8 TO 18 TO PARTICIPATE IN ORGANIZED BASKETBALL. THIS LEAGUE DOES NOT DISCRIMINATE AND ENCOURAGES TEAMWORK AND SPORTSMANSHIP

Where $100 goes at Wake County Basketball Association

How Wake County Basketball Association divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$95
Provide gym space rented from schools and volunteer coaches for approximately 500 youth ages 8 to 18 to participate in organized basketball
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Craig Wilson
DIRECTOR Kevin Wolborsky
SECRETARY Lawrence Rosen
TREASURER Ralph Peterson
PRESIDENT Steve Sterrett

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $479K $493K $102K
2024 $527K $498K $117K
2023 $388K $380K $88K
2022 $344K $422K $80K
2021 $222K $205K $157K

Between 2021 and 2025, reported annual revenue grew from $222K to $479K (+116%), with total assets most recently reported at $102K.

Interactive year-over-year charts and full filing details available with membership.

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