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Nonprofit · EIN 33-2967040

AMBITION BASKETBALL INC

Tax-exempt · PARKER, CO 80134

Financials

$107K$84K2025
Revenue Expenses · by fiscal year end
Financials of AMBITION BASKETBALL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$107,450$83,932$23,518$23,518$0$23,518
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Program service revenue
$106,263
Other revenue
$1,187

Expenses

Benefits paid to members
$297
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$12,000
Professional fees and payments to contractors
$1,015
Occupancy
$13,746
Other expenses
$56,874

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$23,518
Total liabilities, end of year
$0
Net assets, end of year
$23,518
Cash, savings and investments
$23,518
Gross receipts
$107,450

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
William HallPresident0$0
Brendan ReedSecretary0$0

Address and contacts

Address (IRS master file)
6414 FALLING LEAF CIR, PARKER, CO 80134-5607
In care of
% WILLIAM HALL
Signed the 990-EZ
WILLIAM HALL, President
Phone
(720) 333-6808
Return prepared by
DYNAMITE BOOKKEEPING SERVICES INC

Mission

Educational Basketball Programs

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Dedicated to providing at-risk and disadvantaged youth with opportunities to develop life skills, self-confidence, and teamworkthrough the sport of basketball.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
33-2967040
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,518
Income (IRS master file)
$107,450

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$107,450$83,932$23,518XML

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 33-2967040).

Questions about AMBITION BASKETBALL INC

What is the EIN of AMBITION BASKETBALL INC?
The employer identification number (EIN) of AMBITION BASKETBALL INC is 33-2967040.
Is AMBITION BASKETBALL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to AMBITION BASKETBALL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMBITION 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 AMBITION BASKETBALL INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMBITION BASKETBALL INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of AMBITION BASKETBALL INC?
The 990-EZ for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does AMBITION BASKETBALL INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $107,450, expenses of $83,932 and total assets of $23,518 at year end.

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