Nonprofit · EIN 02-0549015
GREAT FALLS BASKETBALL INC
Tax-exempt · GREAT FALLS, VA 22066
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $387,373 | $424,684 | -$37,311 | $351,256 | $0 | $351,256 |
| August 31, 2024 | 990 | $390,535 | $352,319 | $38,216 | $388,567 | $0 | $388,567 |
| August 31, 2023 | 990 | $364,630 | $338,291 | $26,339 | $363,752 | $13,401 | $350,351 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $3,016
- Program service revenue
- $378,675
- Investment income
- $5,682
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,000
- Program services (functional)
- $382,506
- Management and general (functional)
- $42,178
Balance sheet and other
- Total assets, start of year
- $388,567
- Total assets, end of year
- $351,256
- Total liabilities, end of year
- $0
- Net assets, end of year
- $351,256
- Net assets without donor restrictions
- $351,256
- Gross receipts
- $387,373
- Employees
- 0
- Volunteers
- 125
- Year formed
- 2008
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Karyn DeVito | Director Trustee or director | 3 | $0 |
| Karen Rewalt | Director Trustee or director | 5 | $0 |
| Christie Shumadine | Director Trustee or director, Officer | 15 | $0 |
| Kevin Powers | Director Trustee or director | 3 | $0 |
| Amy Kelly | Director Trustee or director, Officer | 3 | $0 |
| Adam Bovenzi | Director Trustee or director | 3 | $0 |
| Ryan West | Director Trustee or director | 3 | $0 |
| Theresa Bhatia | Director Trustee or director | 5 | $0 |
| Dynne Shi | Director Trustee or director | 10 | $0 |
| Jim Fitzmaurice | Director Trustee or director | 3 | $0 |
| Brian Lochhead | Director Trustee or director | 3 | $0 |
| Maritsa Kondalis | Director Trustee or director | 5 | $0 |
| Melanie Hsiao | Director Trustee or director, Officer | 5 | $0 |
| Chad Smolinski | Director Trustee or director | 3 | $0 |
| Kari Carey | Director Trustee or director | 5 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Larry Zmuda | Director Trustee or director | 5 | $0 |
990 for the year ended August 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Karyn DeVito | Director Trustee or director | 3 | $0 |
| Karen Rewalt | Director Trustee or director | 5 | $0 |
| Christie Shumadine | Director Trustee or director, Officer | 15 | $0 |
| Kevin Powers | Director Trustee or director | 3 | $0 |
| Amy Kelly | Director Trustee or director | 3 | $0 |
| Adam Bovenzi | Director Trustee or director | 3 | $0 |
| Ryan West | Director Trustee or director | 3 | $0 |
| Theresa Bhatia | Director Trustee or director | 5 | $0 |
| Matt Tyler | Director Trustee or director | 3 | $0 |
| Jim Fitzmaurice | Director Trustee or director, Officer | 3 | $0 |
| Brian Lochhead | Director Trustee or director | 3 | $0 |
| Maritsa Kondalis | Director Trustee or director | 5 | $0 |
| Melanie Hsiao | Director Trustee or director, Officer | 5 | $0 |
| Chad Smolinski | Director Trustee or director | 3 | $0 |
990 for the year ended August 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Larry Zmuda | Director Trustee or director, Officer | 8 | $0 |
| Karyn DeVito | Director Trustee or director | 8 | $0 |
| Karen Rewalt | Director Trustee or director | 5 | $0 |
| Christie Shumadine | Director Trustee or director | 8 | $0 |
| Kevin Powers | Director Trustee or director | 5 | $0 |
| Amy Kelly | Director Trustee or director | 5 | $0 |
| Sandra Musser | Director Trustee or director, Officer | 5 | $0 |
| Ryan West | Director Trustee or director | 5 | $0 |
| Jace Johnson | Director Trustee or director | 1 | $0 |
| Matt Tyler | Director Trustee or director | 3 | $0 |
| Jim Fitzmaurice | Director Trustee or director | 3 | $0 |
| Brian Lochhead | Director Trustee or director | 3 | $0 |
| Philip Nickles | Director Trustee or director, Officer | 5 | $0 |
| Margaret Brown | Director Trustee or director | 5 | $0 |
| Chad Smolinski | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1091, GREAT FALLS, VA 22066-9091
- In care of
- % TREASURER
- Principal officer (990 for 2024)
- Melanie Hsiao, PO Box 1091, Great Falls, VA 22066
- Signed the 990
- Melanie Hsiao, Treasurer
- Phone
- (917) 747-4011
- Website
- www.gfhoops.com
- Return prepared by
- Debra A Volpicelli
Mission
A youth sports organization that provides basketball programs for children in grades K-12. The organization provides the equipment, referees, facilities and supplies necessary to operate the sports program for children in their community
Program accomplishments
- A youth sports organization that provides year round basketball programs for approximately 2,000 participants, children in grades K-12. The organization provides the equipment, referees, facilities and supplies necessary to operate the sports program for children in their communityExpenses $382,506 · revenue $378,675
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 02-0549015
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $351,256
- Income (IRS master file)
- $387,373
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $387,373 | $424,684 | $351,256 | XML |
| 990 | August 2024 | $390,535 | $352,319 | $388,567 | XML |
| 990 | August 2023 | $364,630 | $338,291 | $363,752 | XML |
| 990 | August 2022 | $349,407 | $245,592 | $324,012 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0549015).
Questions about GREAT FALLS BASKETBALL INC
- What is the EIN of GREAT FALLS BASKETBALL INC?
- The employer identification number (EIN) of GREAT FALLS BASKETBALL INC is 02-0549015.
- Is GREAT FALLS BASKETBALL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to GREAT FALLS BASKETBALL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREAT FALLS BASKETBALL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREAT FALLS BASKETBALL INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREAT FALLS BASKETBALL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of GREAT FALLS BASKETBALL INC?
- The 990 for the year ended August 31, 2025 names Melanie Hsiao.
- Who are the officers and directors of GREAT FALLS BASKETBALL INC?
- The 990 for the year ended August 31, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does GREAT FALLS BASKETBALL INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $387,373, expenses of $424,684 and total assets of $351,256 at year end.
Other nonprofits in GREAT FALLS
- GREAT FALLS LACROSSE ASSOCIATION INC EIN 54-1778653 · last filed 990-N for 2024
- GREAT FALLS COLTS LIMITED EIN 88-3479391 · last filed 990-EZ for 2025
- ALGONKIAN LACROSSE CLUB INC EIN 26-3168620 · last filed 990-EZ for 2025
- FRIENDS OF RIVERBEND PARK INC EIN 54-1966322 · last filed 990-N for 2025
- GREAT FALLS SHARKS INC EIN 27-1332410 · last filed 990-N for 2025
- JUE TAO CENTER INC EIN 52-1334016 · last filed 990-N for 2025
- GREAT FALLS YOUTH RUGBY EIN 45-5474663 · last filed 990-N for 2025
- GREAT FALLS FLAMES INC EIN 88-3668557 · last filed 990-N for 2025
All nonprofits in GREAT FALLS · Virginia · Recreation and sports