Knights Basketball Academy Midwest

What it says it does

AMATEUR BASKETBALL CLUB FOCUSED ON INDIVIDUAL PLAYER DEVELOPMENT AS WELL AS TEAM CONCEPTS

Income

$1.6 million

Spending

$1.3 million

Spent on programs

90%

Reserves

4.7 months of spending

Largest source of income

fees for its services, 88%

Employees

6

Highest pay

$108,034, president

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 82 out of 100. Higher than 59% of charities in its peer group (recreation and sports, $1m to $10m).

• Reserves

  20 of 35

  Spendable reserves would cover 4.7 months of spending.

• Debt

  20 of 20

  It owes 0% of what it owns.

• Living within its means

  15 of 15

  Income exceeded spending by 16% of income.

• Spending floor

  15 of 15

  90% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 45 out of 100. Higher than 16% of charities in its peer group (recreation and sports, $1m to $10m).

• Independent board

  5 of 25

  1 of 4 voting board members are independent.

• Conflict of interest policy

  0 of 15

  Reports no written conflict of interest policy.

• Whistleblower policy

  0 of 8

  Reports no written whistleblower policy.

• Record keeping policy

  0 of 7

  Reports no written policy on keeping and destroying records.

• Board minutes

  5 of 5

  Keeps minutes of board meetings.

• Board sees the tax return

  10 of 10

  Gave the board a copy of this return before filing it.

• Pay set independently

  0 of 5

  Reports no independent review process for its chief executive's pay.

• Independent check of accounts

  15 of 15

  Its accounts were audited by an independent accountant.

• No reported misuse

  10 of 10

  Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

1. check_circle

   Is it registered with the IRS? Passed.

   Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

   Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

2. check_circle

   Has the IRS revoked its tax-exempt status? Passed.

   Not on the IRS automatic revocation list.

   Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

3. check_circle

   Are donations tax-deductible? Passed.

   On the IRS list of organizations eligible to receive tax-deductible contributions.

   Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

4. check_circle

   Is it keeping up with its IRS filings? Passed.

   Most recent return on file covers the year ending December 2025.

   Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

5. check_circle

   How long has it been tax-exempt? Passed.

   Recognized by the IRS since July 2014.

   Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

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   Is it in good standing with state regulators? Passed.

   Not on California's list of charities barred from soliciting. Other states are not yet checked.

   Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.