Nonprofit · EIN 20-5905987
SHARKS ALUMNI FOUNDATION
Tax-exempt · SAN JOSE, CA 95150
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $112,796 | $67,072 | $45,724 | $288,928 | $28,529 | $260,399 |
| December 31, 2023 | 990-EZ | $51,597 | $23,950 | $27,647 | $214,675 | – | $214,675 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $24,595
- Investment income
- $402
- Net income from fundraising events
- $87,798
- Other revenue
- $1
Expenses
- Grants and similar amounts paid
- $59,767
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $7,305
- Program services (functional)
- $59,767
Balance sheet and other
- Total assets, start of year
- $214,675
- Total assets, end of year
- $288,928
- Total liabilities, end of year
- $28,529
- Net assets, end of year
- $260,399
- Cash, savings and investments
- $117,463
- Gross receipts
- $160,951
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID MALEY | DIRECTOR | 2 | $0 |
| JIM WEST | DIRECTOR | 2 | $0 |
| SCOTT HANNAN | PRESIDENT & DIRECTOR | 2 | $0 |
| DAVE INOUYE | DIRECTOR | 2 | $0 |
| BRIAN KIERNAN | DIRECTOR | 2 | $0 |
| JOHN DOMINIGUE | DIRECTOR | 2 | $0 |
| KEVIN JUST | TREASURER | 2 | $0 |
| IVAN RUSSO | SECRETARY | 2 | $0 |
| DEVIN SETOGUCHI | DIRECTOR | 2 | $0 |
| MARK SMITH | DIRECTOR | 2 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID MALEY | DIRECTOR | 2 | $0 |
| JIM WEST | DIRECTOR | 2 | $0 |
| SCOTT HANNAN | PRESIDENT & | 2 | $0 |
| DAVE INOUYE | DIRECTOR | 2 | $0 |
| BRIAN KIERNAN | DIRECTOR | 2 | $0 |
| JOHN DOMINIGUE | DIRECTOR | 2 | $0 |
| KEVIN JUST | TREASURER | 2 | $0 |
| IVAN RUSSO | SECRETARY | 2 | $0 |
| DEVIN SETOGUCHI | DIRECTOR | 2 | $0 |
| MARK SMITH | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 6828, SAN JOSE, CA 95150-6828
- In care of
- % ANN WADE
- Mailing address (990-N for 2008)
- 800 Embedded Way Suite 6, San Jose CA 95138
- Principal officer (990-N for 2008)
- Ann Wade, 800 Embedded Way Suite 6, San Jose CA 95138
- Signed the 990-EZ
- KEVIN JUST, TREASURER
- Phone
- (408) 819-3006
- Website
- www.thedreamonfoundation.com
Mission
GRANTS TO UNDERSERVED YOUTH TO PLAY SPORTS
Program accomplishments
- GRANTS TO UNDERSERVED YOUTH TO PLAY SPORTS
- ASSIST UNDERSERVED YOUTH UP TO AGE 18 TO PARTICIPATE IN SPORTS AND GAIN THE MANY BENEFITS THAT SUPERVISED AMATEUR ATHLETIC PROGRAMS PROVIDE. MENTAL AND PHYSICAL WELL-BEING, CONFIDENCE, ETHICAL CHARACTER AND GOOD SPORTSMANSHIP ARE QUALITIES THAT LAST A LIFETIME. BY SPONSORING YOUNG ATHLETES TO PARTICIPATE IN SPORTS SKILLS DEVELOPMENT CLASSES, SPORTS TRAINING CAMPS, FITNESS PROGRAMS, COMPETITIVE LEAGUES AND COMPETITIVE TOURNAMENTS THAT ARE CONDUCTED BY OTHER SPORTS AND COMMUNITY ORGANIZATIONS AND PROVIDE EQUIPMENT FOR SUCH ACTIVITIES.Expenses $59,767 · grants $59,767
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-5905987
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $288,928
- Income (IRS master file)
- $160,951
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $112,796 | $67,072 | $288,928 | XML |
| 990-EZ | December 2023 | $51,597 | $23,950 | $214,675 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
| 990-N for 2008 Officer: Ann Wade | December 31, 2008 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about SHARKS ALUMNI FOUNDATION
- What is the EIN of SHARKS ALUMNI FOUNDATION?
- The employer identification number (EIN) of SHARKS ALUMNI FOUNDATION is 20-5905987.
- Is SHARKS ALUMNI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to SHARKS ALUMNI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHARKS ALUMNI FOUNDATION 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 SHARKS ALUMNI FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHARKS ALUMNI FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of SHARKS ALUMNI FOUNDATION?
- The 990-N for 2008 names Ann Wade.
- Who are the officers and directors of SHARKS ALUMNI FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does SHARKS ALUMNI FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $112,796, expenses of $67,072 and total assets of $288,928 at year end.
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