Nashville Celtics Basketball Association
Roundabout Plaza Suite 500
1600 Division Street
Nashville TN 37203
Mission Statement
The mission of the Nashville Celtics youth basketball program is to assist in the emotional, physical and spiritual well being and development of young men in Middle Tennessee. Our Organization exists to develop the young men as athletes, and more importantly, as responsible citizens for themselves as well as our community. In that progression,  the Nashville Celtics' program and staff are committed to assuring that Participants continue on to college and are largely supported by sport scholarships.  Basketball  and tournament play is the 'spark' that draws a young person to associate with the Nashville Celtics.  Our coaches and Programs then focus youth on skill development, team building, and discipline as essential life skills.    Youth participating in our programs are focused on drug free, gang free self determination.  Their commitment evolves routines for active and healthy living.
Leadership
CEO/Executive Director
Board Chair Mr Jack Waddey
Board Chair Company Affiliation Partner, Waddey & Patterson, P.C.
History & Background
Year of Incorporation 2001
Former Names
Nashville Shooting Stars
Organization's type of tax exempt status 501-C3
Financial Summary
 
 
Projected Expenses $51,000.00
Projected Annual Revenue $52,000.00 (2010)
Statements
Mission The mission of the Nashville Celtics youth basketball program is to assist in the emotional, physical and spiritual well being and development of young men in Middle Tennessee. Our Organization exists to develop the young men as athletes, and more importantly, as responsible citizens for themselves as well as our community. In that progression,  the Nashville Celtics' program and staff are committed to assuring that Participants continue on to college and are largely supported by sport scholarships.  Basketball  and tournament play is the 'spark' that draws a young person to associate with the Nashville Celtics.  Our coaches and Programs then focus youth on skill development, team building, and discipline as essential life skills.    Youth participating in our programs are focused on drug free, gang free self determination.  Their commitment evolves routines for active and healthy living.
Background
The Nashville Shooting Stars AAU (Amatuer Athletic Union) basketball team was organized in 2001 because the founders, Jack Waddey, and his son, Alex, along with coaches Patrick Hale, Jonathan Henderson and Ben Corbett, saw the need for a program that combined teaching life lessons with basketball development for youth that loved the game. The program focuses on basketball as the 'spark' in teenage development. 
In 2001, the program consisted of one boys’ team for ages 12 and under. In 2005, the Shooting Stars decided to affiliate with the prestigious Atlanta Celtics out of Atlanta, Georgia. (The Atlanta Celtics are one of the premier spring/summer travel basketball programs and 'models' in the country.) The AC were impressed not only with the quality of the young men in the Stars' program, they observed and acknowledged the dedication of our coaches to helping youth grow as players and as individuals. After several discussions with the late Wallace Prather (the founder of the Atlanta Celtics), the Nashville Celtics were 'born'.
Impact
1. In the Nashville Celtics' short period of existence, we have expanded from fielding one team in 2001 to seven teams in 2010. We are perched and prepared to add six more teams (12 - 17) in 2010- 2011 as the result of the relentless dedication of our Board, coaches and volunteers. 
2. We have grown to an organization focused on the life skills and continuing college education of our participants with the assistance of college scholarships as a result of their sporting skill.  Our curriculum and routine meetings encourage and will continue to promote: nutritional education, weight training, anger management, and eventually college counseling. 
3.   When we began assembling the 2007 'graduating class' team, none of the players were being recruited for college play. Several of the boys were academically borderline students when they joined us. Their high school coaches and parents have told us that our mentorship and programs taught and inspired them to become better students.  After just one year of training with our coaches, all participants were offered scholarships to play at major colleges and to get college educations.  Scholarships are a result of improved discipline and skill taught by our coaches and embraced through their love of basketball.  
4.  At this writing each of our 50 'graduates', from the first class with high school seniors (2007) to the current class (2011), have received a scholarship to continue their education at colleges throughout the United States. Travel and tournament play to showcase the talent of the players demonstrated to college coaches how each of these individuals would contribute to their success through skill and team work.  These are the requisites that shape lives. 
5.   The schools currently being attended by Nashville Celtics on scholarship, amongst others, are:  Rice University, Bucknell University, Vanderbilt University (fb), University of North Carolina (fb), Liberty University, University of Georgia, and Lipscomb University.   
6.  Scholarships are typically for 5 years.  Athletes generally “red-shirt” freshmen year so they can get stronger.   We now have 5 years of graduating seniors (including this year's team which will graduate in spring of 2011). There are 10 Nashville Celtic players each of these years who have gone on to continue their education through athletic scholarship.  Mathematically this represents 250 years of scholarships.  At $30K average per year, the value is $7.5M  in scholarships that we have helped produce in our short history.
 
It takes a community to raise a child. As an organization, the Nashville Celtics represents unrelenting Board members, volunteers and donors who are changing lives, one team participant at a time,  through vision, values and programming.
 
Needs
We need: 
1. Financial and in-kind contributions to manage the shortfalls for 30 players, age 15,16,17:  $1500 * 70% = $1050 * 30 = Total needed for 2010-2011 - $31,500.00.  
2. Financial and in-kind contributions to manage the shortfalls for 40 players, (ages 11,12,13,14)  $ 400 * 70% = $280 * 40 players = $11,200;
3. Individual, community and Foundation support to hire a 50% time - Business Director.  $30,000/year. 
The Nashville Celtics, as an organization has grown. We are now active and impacting the lives of 50 young men each year. The Board, volunteers and coaches have contributed to this growth through 4900 hours of service in 2010 (in-kind value: $36,750) alone.  Our homes and professions are consumed with the passion and the pulse of the Nashville Celtics. After 10 years, and as a leadership team, we acknowledge we need staff support. We are focused on securing funding for a part time (50%) Business Director. We foresee the Business Director assuring oranizational development that will: bring the Nashville Celtics presence in the community; serve fund raising administrative needs; and secure professional and program development.
4. We need 3 vans for travel to events and to be able to pick up kids for training.  We would "share" those vans with other organizations providing similar services and who have needs primarily during the week (or needs are for the weekends).
5. Seven (7) additional Board members. We are particularly seeking individuals with experience in youth development through sports programming able to commit a minimum of 10 hours per month to our Organization.  Our Board will continue integration of the 40 developmental assets as identified by the Minneapolis based Search Institute and integrated into the Mayor's Youth Initiative (2010).  We intend to expand our Board through representatives of larger corporations in Nashville, women, and people of color.
 
Service Categories
Primary Organization Category Youth Development / Youth Development Programs
Secondary Organization Category Recreation & Sports / Basketball
Areas of Service
Areas Served
TN - Cheatham
TN - Davidson
TN - Dickson
TN - Robertson
TN - Rutherford
TN - Sumner
TN - Williamson
TN - Wilson
TN - Putnam
TN - Jackson
Our organization serves all of middle Tennessee, and reaches as far west as Memphis and east as Knoxville, Cleveland and Chattanooga.  We reach north into Kentucky and south into Alabama.  Indeed, we have welcomed participants from Mississippi!
Board Chair Statement
The passion to lead this Organization starts with my own passion for basketball!—I played as a young man and continued to play until I found it no longer safe to play with other adults!!!!
Some of the best friends in my life (i.e. my peer influences) and some of my fondest memories (i.e. my sense of belonging) were developed while playing basketball. On the basketball court, all participants are judged on their game – their skill development, not the color of their skin, the amount of money they make, etc.  Often, a sport is the first opportunity many young people come to understand the value of an authentic and committed ‘team’ mate. Teammates are those you want in your ‘fox hole’ all through life - regardless of neighborhood, profession, economics.
My children have all played basketball. Through following their activities, I got to know numerous inner-city and at-risk kids. I saw that they were almost always good kids in bad situations.  I came to believe that if given an alternative to seemingly hopeless, often legacy situations; taught ‘what it takes’;  given opportunity and exposure to hone their commitment and skill;  many of these young people would likely go forward to design and create purpose - filled and highly functioning lives and families.  They would be more capable and equipped as self directed and productive individuals as well as members of our society.  
From that experience, it occurred to me that the way to help these kids was to get them involved in a quality program and use the time with them to help direct them in a variety of ways--life skills, goal setting and discipline. Such a program would also give me a hands-on way to “give back” to the community that has been so good to me.
 Our program is growing every day and succeeding in the ways that I had anticipated.  Most of our young men are succeeding academically and athletically.  Basketball, discipline, self determination has facilitated many to gain admission to some of the finest universities in our country.  Others are not as ‘able’ and go on to junior colleges.  Each and every participant however, learns what a difference education and practice/discipline makes in your skill development…on and off the Court.  The programs insure self direction and responsibility as life’s rudder.
As the Board Chair, I am delighted that with financial support, our 2011 training will expand to include issues of healthy living —nutrition, study habits, weight control, speed and agility.  We will begin to work more routinely on matters of anger management.  In 2012 we plan to expand our impact to include a relationship for college preparatory advising.  College preparatory as a process is daunting for even those of us who have cleared the bar!!!
For today, as a Board, we are each committed to using athletic opportunity to advance their educational foundation. We help match each of our young men with the right programs so that they can succeed.  An average high school student has little to no chance to get the commitment to their proper college placement through their general high school counseling as they get from our Board members. Each day we talk to college coaches about our players.
Our challenge is to establish a consistent resource basis to sustain the program.  We have 10-15 boys try out for every open position that we have and it is so difficult to turn them away.  We would like to expand to 2 or more teams in each age group. This will give economically limited young men a chance in a proven and unique opportunity to create a life, their life, with intention, purpose and vetted skill.
Our program is expensive because of travel, hotels, tournament entry fees and the like.  Young men emerge athletically and culturally! All of our coaches and managers are volunteers. We do not even reimburse volunteers for expenses that they incur at events. 
Each year we are faced with defraying 70% of the costs of an individual’s participation with the Nashville Celtics. We have done that effectively and consistently. To meet demand, we need the assistance of community Foundations, Corporate Sponsors and family funds.
CEO Statement
Success breeds success. The success of the programs and our Nashville Celtics’ teams draws like minded boys to the program. 
As a Nashville Celtic and a Board member, our journey engages mentorship, love and rigorous programming.
This year the Nashville Celtics' focuses on 50 young players.  
Through the sport of basketball we teach individuals from impoverished communities how to:  take responsibility for their ‘game’; learn and apply principles of self-control and personal responsibility; be disciplined to practice; and commit to creating a future they have designed. 
The ultimate 'reward' ?   An opportunity for a college education. Furthermore, human development underscores that peers are central in our sense of self through teen years and beyond. Board members, coaches and program volunteers serve as role models for all the participants. Maturing players learn that they are also role models.  Peer presence assures that the younger players (11- 14) look up to the older Nashville Celtic players. 
We are ready to expand each of our age driven teams in 2010. Our plan is to offer semi - monthly group sessions to support weight, skill, nutrition and agility training/education as well as academic tutoring.  We have the personnel resources to take this step, but need financial support. 
The Nashville Celtics were created by and exist through the commitment and generosity of our Board and a community of caring individual and corporate donors. We will continue to mature that funding base as we grow knowing the gravity of the economy on our Donors.
As a Board, we are as committed to reach out to the community of Foundations and Corporate sponsors to springboard our growth in size, programming and outcome measures.

 

Programs
Description
Our Programs center around competitive, travel basketball. We have teams in the 11, 12, 13, 14, 15, 16, and 17 year old age divisions.
The younger teams play mostly in local programs and tournaments. They play in AAU and YBOA (Youth Basketball of America) tournaments, which, if they are successful, allow them to advance to state-wide competition and eventually, national competition. Our older teams are pure travel teams. They travel to major, usually invitation only, tournaments and compete against the best competition in the United States.
Budget $1,000 pp ages 11- 14; $1500pp ages 15,16,17.
Category Youth Development, General/Other Youth Development, General/Other
Population Served K-12 (5-19 years), ,
Board Chair
Board Chair Mr Jack Waddey
Company Affiliation Partner, Waddey & Patterson, P.C.
Term Aug 2001 to Aug 2010
Email jack@nashvilleceltics.com
Board Members
NameAffiliationStatus
Mr Charles Clark School Teacher, Sycamore HS, TNVoting
Mr Kevin Murphy Partner, Brentwood Capital, LLCVoting
Mr Bill Tidwell Owner, Transformations, Inc.Voting
Mr Jack Waddey Partner, Waddey & Patterson, P.C.Voting
Mr Alex Waddey Senior Associate at Stites & HarbisonVoting
Board Demographics - Ethnicity
African American/Black 1
Asian American/Pacific Islander 0
Caucasian 4
Hispanic/Latino 0
Native American/American Indian 0
Other 0
Board Demographics - Gender
Male 5
Female 0
Unspecified 0
Governance
Board Term Lengths 0
Board Term Limits 0
Board Meeting Attendance % 100%
Does the organization have written Board Selection Criteria? Under Development
Does the organization have a written Conflict of Interest Policy? Yes
Percentage of Board Members making Monetary Contributions 100%
Percentage of Board Members making In-Kind Contributions 100%
Does the Board include Client Representation? Yes
Number of Full Board Meetings Annually 12
Standing Committees
Institutional Advancement
Executive Director/CEO
Executive Director Mr. Jack Waddey
Term Start Aug 2001
Email jack@nashvilleceltics.com
Experience
n/a
Co-CEO
Experience
n/a
Staff
Full Time Staff 0
Part Time Staff 0
Volunteers 19
Contractors 0
Retention Rate 100%
Plans & Policies
Does the organization have a documented Fundraising Plan? Under Development
Does the organization have an approved Strategic Plan? Under Development
Number of years Strategic Plan Considers 5
In case of a change in leadership, is a Management Succession plan in place? Under Development
Does the organization have a Policies and Procedures Plan? Under Development
Does the organization have a Nondiscrimination Policy? Yes
 
 
Fiscal Year
Fiscal Year Start Sept 01 2009
Fiscal Year End Aug 31 2010
Projected Revenue $52,000.00
Projected Expenses $51,000.00
Endowment Spending Policy Income Only
Endowment Spending Percentage (if selected) 99%
Detailed Financials
Expense Allocation
Fiscal Year200920082007
Program Expense$47,362$36,370$34,815
Administration Expense$0$0$0
Fundraising Expense$0$0$0
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses1.000.731.02
Program Expense/Total Expenses100%100%100%
Fundraising Expense/Contributed Revenue0%0%0%
Assets and Liabilities
Fiscal Year200920082007
Total Assets$7$668$622
Current Assets$7$668$622
Long-Term Liabilities$0$0$0
Current Liabilities$0$9,775$0
Total Net Assets$7($9,107)$622
Short Term Solvency
Fiscal Year200920082007
Current Ratio: Current Assets/Current Liabilities--0.07--
Long Term Solvency
Fiscal Year200920082007
Long-Term Liabilities/Total Assets0%0%0%
Top Funding Sources
Fiscal Year200920082007
Top Funding Source & Dollar Amount -- -- --
Second Highest Funding Source & Dollar Amount -- -- --
Third Highest Funding Source & Dollar Amount -- -- --
Capital Campaign
Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? No
Capital Campaign Goal $0.00
Capital Campaign Anticipated in Next 5 Years? No
State Charitable Solicitations Permit
TN Charitable Solicitations Registration Yes - Expires Feb 2014
Organization Comments
As shown on the attached summary of comparative income and expense report, our income in 2008 was almost $10,000 short of expenses, but income in 2009 was approximately an equal amount in excess of expenses.  The financials show income and expense in 2009 being practically equal, but that is because the excess income in 2009 was used to pay the shortfall in income of 2008.  Further, our "contributions" are overstated by about $7500 each year because we included in our 990 reports the participation fees that were paid by some of the players in the younger age groups.  We will split those revenues out in future reports and they will be reported properly as "other revenues, program service revenues".  Finally, we have not reported in the past but will be reporting in the future "In Kind" contributions for the significant value of time contributed by our coaches and other volunteers.  We estimate that last year, we had 14 coaches along with the General Manager of the Club and his legal assistant contribute collectively over 7000 hours of service, which, if valued at only $7/hr. would equal approximately $50,000 of in-kind contribution of time.
 
 
GivingMatters.com Financial Comments
Financial figures taken from 990.
990 completed internally by the nonprofit.
Comments provided by Amy McDaniel 07/2010.
Nonprofit Nashville Celtics Basketball Association
Address Roundabout Plaza Suite 500
1600 Division Street
Nashville, TN 37203
Primary Phone (615) 724-2511
CEO/Executive Director Mr. Jack Waddey
Board Chair Mr Jack Waddey
Board Chair Company Affiliation Partner, Waddey & Patterson, P.C.
Year of Incorporation 2001
Former Names
Nashville Shooting Stars

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