Nonprofit · EIN 35-2492809
SHERMAN YOUTH SPORTS ASSOCIATION
Tax-exempt · SHERMAN, TX 75092
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $251,405 | $246,315 | $5,090 | $16,718 | $0 | $16,718 |
| December 31, 2023 | 990 | $217,571 | $264,663 | -$47,092 | $11,628 | $0 | $11,628 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $256,039
- of which government grants
- $20,000
- Membership dues
- $122,554
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- -$4,634
- Other revenue
- -$4,634
Expenses
- Grants and similar amounts paid
- $3,683
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $185,018
- Management and general (functional)
- $21,497
- Fundraising (functional)
- $39,800
Balance sheet and other
- Total assets, start of year
- $11,628
- Total assets, end of year
- $16,718
- Total liabilities, end of year
- $0
- Net assets, end of year
- $16,718
- Land, buildings and equipment
- $1,028
- Gross receipts
- $256,039
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2008
- State of legal domicile
- TX
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BO BOND | EXECUTIRE BOARD MEMBER Trustee or director | 8 | $0 |
| CHADSTON LUPER | EXECUTIRE BOARD MEMBER Trustee or director | 8 | $0 |
| TAYLOR BOATNER | EXECUTIRE BOARD MEMBER Trustee or director | 8 | $0 |
| GABE JONES | EXECUTIRE BOARD MEMBER Trustee or director | 8 | $0 |
| JONATHAN ARNETTE | EXECUTIRE BOARD MEMBER Trustee or director | 8 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONALD ROSE | EXECUTIRE BOARD MEMBER Trustee or director | 8 | $0 |
| BO BOND | EXECUTIRE BOARD MEMBER Trustee or director | 8 | $0 |
| CHADSTON LUPER | EXECUTIRE BOARD MEMBER Trustee or director | 8 | $0 |
| BRITTANY BANKSTON | EXECUTIRE BOARD MEMBER Trustee or director | 8 | $0 |
Address and contacts
- Address (IRS master file)
- 4615 N TRAVIS ST STE 200, SHERMAN, TX 75092-4010
- In care of
- % KENNETH W BAKER
- Principal officer (990 for 2024)
- BO BOND, 123 N CROCKETT ST SUITE 100, SHERMAN, TX 75090
- Signed the 990
- BO BOND, PRESIDENT
- Phone
- (917) 266-7659
- Website
- WWWSYSASPORTS.COM
- Return prepared by
- ADAMI LINDSEY ADVISORS LLC (VENNING)
Mission
ADMINISTERS YOUTH SPORTS PROGRAMS FOR GRADES 1 - 6 TO PROVIDE OPPORTUNITIES FOR YOUTH TO ENGAGE IN ORGANIZED SPORTS.
Program accomplishments
- THE ORGANIZATION APPLIES FOR GRANTS FOR THOSE WHO CANNOT PAY FOR REGISTRATION.Expenses $3,683 · grants $3,683 · revenue $20,000
- THE ORGANIZATION OFFERS FUNDRAISING OPPORTUNITIES TO HELP WITH REGISTRATION COSTS AND HELP PARENTS PAY FOR SPORTS EQUIPMENT.Expenses $4,634 · revenue $12,914
- THE ORGANIZATION PROVIDES OPPORTUNITIES FOR YOUTH TO ENGAGE IN SPORTS AND TO BUILD THE PLAYERS SKILL AND CONFIDENCE FOR THAT SPORT.Expenses $176,701 · revenue $223,125
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-2492809
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N99)
- Assets (IRS master file)
- $16,718
- Income (IRS master file)
- $256,039
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $251,405 | $246,315 | $16,718 | XML |
| 990 | December 2023 | $217,571 | $264,663 | $11,628 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | 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 35-2492809).
Questions about SHERMAN YOUTH SPORTS ASSOCIATION
- What is the EIN of SHERMAN YOUTH SPORTS ASSOCIATION?
- The employer identification number (EIN) of SHERMAN YOUTH SPORTS ASSOCIATION is 35-2492809.
- Is SHERMAN YOUTH SPORTS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to SHERMAN YOUTH SPORTS ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHERMAN YOUTH SPORTS ASSOCIATION 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 SHERMAN YOUTH SPORTS ASSOCIATION 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 SHERMAN YOUTH SPORTS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SHERMAN YOUTH SPORTS ASSOCIATION?
- The 990 for the year ended December 31, 2024 names BO BOND.
- Who are the officers and directors of SHERMAN YOUTH SPORTS ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does SHERMAN YOUTH SPORTS ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $251,405, expenses of $246,315 and total assets of $16,718 at year end.
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