Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: NIL MEMBERSHIP DUES

  total $287,346,479 · related or exempt $287,346,479

• 2b · Program service revenue: PLAYER MEMBERSHIP DUES

  total $7,507,500 · related or exempt $7,507,500

• 2c · Program service revenue: AGENT REVENUE

  total $1,969,043 · related or exempt $1,969,043

• 2d · Program service revenue: TOP 100 CAMP REVENUE

  total $1,517,527 · related or exempt $1,517,527

• 3 · Investment income

  total $9,955,717 · excluded $9,955,717

• 5 · Royalties

  total $35,967,929 · excluded $35,967,929

• 6a · Gross rents

  real property $252,082

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $252,082

• 6d · Net rental income or loss

  total $252,082 · excluded $252,082

• 7a · Gross sales of assets other than inventory

  securities $204,951,054

• 7b · Less cost or other basis and sales expenses

  securities $204,960,300

• 7c · Gain or loss

  securities -$9,246

• 7d · Net gain or loss

  total -$9,246 · excluded -$9,246

• 11a · Other revenue: SHARED SVC (COST)-NBPI

  total $2,064,110 · excluded $2,064,110

• 11b · Other revenue: SHARED SVC - OTHER NFP

  total $757,367 · excluded $757,367

• 11c · Other revenue: OTHER REVENUE

  total $312,593 · excluded $312,593

• 11e · Other revenue, total

  $3,134,070

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,982,027

• 5 · Compensation of officers, directors and key employees

  total $5,000,026

• 6 · Compensation of disqualified persons

  total $319,880

• 7 · Other salaries and wages

  total $13,870,350

• 8 · Pension plan contributions

  total $469,090

• 9 · Other employee benefits

  total $1,207,256

• 10 · Payroll taxes

  total $942,246

• 11a · Fees: management

  total $13,498,668

• 11b · Fees: legal

  total $706,241

• 11c · Fees: accounting

  total $194,865

• 11d · Fees: lobbying

  total $93,600

• 11f · Fees: investment management

  total $243,910

• 11g · Fees: other

  total $4,294,999

• 12 · Advertising and promotion

  total $35,000

• 13 · Office expenses

  total $3,344,092

• 16 · Occupancy

  total $4,592,805

• 17 · Travel

  total $4,920,451

• 19 · Conferences, conventions and meetings

  total $106,387

• 22 · Depreciation, depletion and amortization

  total $1,223,801

• 23 · Insurance

  total $807,200

• 24a · Other expenses: REBATE OF EXCESS DUES

  total $287,346,479

• 24b · Other expenses: BAD DEBT EXPENSE

  total $2,349,206

• 24c · Other expenses: MISCELLANEOUS

  total $1,535,482

• 24d · Other expenses: TOP 100 CAMP EXP.

  total $1,517,527

• 24e · All other expenses

  total $474,901

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $13,102,665 · end of year $8,334,984

• 2 · Savings and temporary cash investments

  beginning of year $3,592,946 · end of year $1,260,222

• 4 · Accounts receivable

  beginning of year $80,174,059 · end of year $104,711,815

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,051,002 · end of year $1,540,876

• 10a · Land, buildings and equipment: cost or other basis

  $23,635,367

• 10b · Land, buildings and equipment: accumulated depreciation

  $12,101,761

• 10c · Land, buildings and equipment, net

  beginning of year $12,749,883 · end of year $11,533,606

• 11 · Investments: publicly traded securities

  beginning of year $235,654,060 · end of year $277,653,196

• 12 · Investments: other securities

  beginning of year $6,000,000 · end of year $6,000,000

• 14 · Intangible assets

  end of year $1,416,771

• 15 · Other assets

  beginning of year $33,198,830 · end of year $30,018,664

• 17 · Accounts payable and accrued expenses

  beginning of year $7,482,110 · end of year $10,798,066

• 19 · Deferred revenue

  beginning of year $21,067,104 · end of year $14,724,564

• 25 · Other liabilities

  beginning of year $246,973,023 · end of year $310,218,295

• 27 · Net assets without donor restrictions

  beginning of year $110,001,208 · end of year $106,729,209

The filer's explanations (Part III)

PART I, LINE 1A

PER NBA'S BUSINESS EXPENSE & TRAVEL POLICIES IF THE PUBLISHED NON-STOP FLIGHT DISTANCE EXCEEDS 1,500 MILES, BUSINESS CLASS (OR, IF NOT AVAILABLE, FIRST CLASS) IS AUTHORIZED, EVEN THOUGH THE COST MAY EXCEED THE LOWEST AVAILABLE AIRFARE. BUSINESS OR FIRST CLASS TRAVEL MAY ALSO BE AUTHORIZED BY THE RESPECTIVE SUPERVISOR IF THE ADDITIONAL COST IS MINIMAL AS COMPARED TO THE LOWER COST OF COACH TRAVEL, OF IF "SPECIAL CIRCUMSTANCES" ARE PRESENT (SUCH AS DISABILITY, FLIGHTS TO MULTIPLE DESTINATIONS IN A BRIEF TIME, TRAVEL WITH PLAYERS OR NBA OFFICIALS WHERE INTERESTS OF THE PLAYERS WOULD BE SERVED). PURSUANT TO HIS EMPLOYMENT AGREEMENT, THE NBPA PROVIDED EXECUTIVE DIRECTOR ANDRE IGUODALA WITH A TAXABLE HOUSING ALLOWANCE AND A RELATED TAX GROSS-UP PAYMENT DURING CALENDAR YEAR 2025. THE GROSS-UP PAYMENT WAS INTENDED TO OFFSET THE ADDITIONAL INCOME TAXES RESULTING FROM THE HOUSING ALLOWANCE. BOTH AMOUNTS WERE TREATED AS TAXABLE COMPENSATION AND ARE INCLUDED IN SCHEDULE J, PART II, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION. CFO, CAMERON JONES, LIKEWISE, RECEIVED A SMALL TAXABLE HOUSING ALLOWANCE THAT IS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III).

PART I, LINES 4A-B

NBPA HAS A SECTION 409(A) NONQUALIFIED RETIREMENT PLAN IN PLACE FOR SEVERAL KEY EXECUTIVES THAT IS ADMINISTERED BY A RELATED ENTITY, NATIONAL BASKETBALL PLAYERS, INC. THE FOLLOWING INDIVIDUALS PARTICIPATE IN THE PLAN AND RECEIVED THE FOLLOWING CONTRIBUTIONS (WHICH ARE REPORTED IN SCHEDULE J, PART II, COLUMN (C)): GARY ARRICK -$50,297 FORMER CFO, GARY ARRICK, AND CHIEF COMMUNICATIONS OFFICER, ALFIE BRODY ACCRUED SEVERANCE IN THE CURRENT YEAR THAT WILL NOT BE PAID OUT UNTIL THE SUBSEQUENT YEAR. THESE AMOUNTS HAVE BEEN REPORTED AS DEFERRED COMPENSATION IN COLUMN (C) ON THIS YEAR'S 990 AND WILL BE REPORTED AS CURRENT COMPENSATION IN COLUMN (B)(III) AND (F) IN NEXT YEAR'S FORM 990.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• PUZZLE DUCK LLC

  ONLINE GAMING · DE

• OFF COURT LLC

  HOLDING CO · NY

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• NATIONAL BASKETBALL PLAYERS INC (THINK450)

  C · MARKETING/LICENSING · NY · 100% owned · share of income $269,007,057 · share of assets $296,207,797 · controlled entity

  Directly controlled by NBPA

• HOME COURT MANAGEMENT CORPORATION

  C · HOLDING CO · NY · 100% owned · controlled entity

  Directly controlled by NBPA