Nonprofit · EIN 38-3592393
COMMON BOND BASKETBALL CLUB INC
Tax-exempt · YPSILANTI, MI 48197
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $168,223 | $198,624 | -$30,401 | $26,049 | $73,555 | -$47,506 |
| December 31, 2023 | 990 | $184,574 | $186,046 | -$1,472 | $44,631 | $79,407 | -$34,776 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $99,979
- Membership dues
- $87,567
- Program service revenue
- $21,777
- Investment income
- $110
- Net income from fundraising events
- $33,594
- Net income from gaming
- $14,813
- Net income from sales of inventory
- -$4,051
- Other revenue
- $46,357
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $41,500
- Salaries, compensation and benefits (total)
- $44,966
- Professional fundraising fees
- $0
- Accounting fees
- $2,100
- Program services (functional)
- $155,143
- Management and general (functional)
- $43,481
Balance sheet and other
- Total assets, start of year
- $44,631
- Total assets, end of year
- $26,049
- Total liabilities, end of year
- $73,555
- Net assets, end of year
- -$47,506
- Net assets without donor restrictions
- -$47,506
- Gross receipts
- $202,363
- Employees
- 1
- Volunteers
- 0
- Year formed
- 2001
- State of legal domicile
- MI
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 |
|---|---|---|---|
| TYRONE HICKS | PRESIDENT Trustee or director | 40 | $41,500 |
| DENNIS DURCO | TREASURER Trustee or director | 5 | $0 |
| DOUG POST | CHAIRMAN Trustee or director | 5 | $0 |
| STEVE STOUT | DIRECTOR Trustee or director | 5 | $0 |
| DENNIS HILL | DIRECTOR Trustee or director | 15 | $0 |
| JOSHUA CHARLES | DIRECTOR Trustee or director | 5 | $0 |
| KAREN BRAXTON | SEXRETARY Trustee or director | 5 | $0 |
| ROBERT JONES | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TYRONE HICKS | PRESIDENT Trustee or director | 40 | $46,000 |
| DENNIS DURCO | TREASURER Trustee or director | 5 | $0 |
| DOUG POST | CHAIRMAN Trustee or director | 5 | $0 |
| STEVE STOUT | DIRECTOR Trustee or director | 5 | $0 |
| DENNIS HILL | DIRECTOR Trustee or director | 15 | $0 |
| JOSHUA CHARLES | DIRECTOR Trustee or director | 5 | $0 |
| KAREN BRAXTON | SEXRETARY Trustee or director | 5 | $0 |
| ROBERT JONES | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 3727 MORGAN RD, YPSILANTI, MI 48197-9637
- In care of
- % DENNIS R DURCO
- Principal officer (990 for 2024)
- TYRONE HICKS, 4007 CARPENTER ROAD 261, YPSILANTI, MI 481979637
- Signed the 990
- TYRONE HICKS, PRESIDENT
- Phone
- (734) 337-0687
- Website
- WWW.COMMONBONDBASKETBALL.NET
- Return prepared by
- UHY ADVISORS GREAT LAKES INC
Mission
THE MISSION OF THE ORGANIZATION IS TO ESTABLISH AND COORDINATE A BASKETBALL PROGRAM FOR CHILDREN AND TEENAGERS IN SOUTHEAST MICHIGAN WHICH FOSTERS TEAMWORK, COOPERATION, SPORTSMANSHIP, AND DEDICATION THROUGH PARTICIPATION IN BASKETBALL. IT IS ALSO OUR MISSION TO FURTHER THE PHYSICAL, MENTAL AND EMOTIONAL DEVELOPMENT OF CHILDREN THROUGH THE PARTICIPATION IN AN ORGANIZED SPORTS PROGRAM AND TO PROVIDE HEALTHY ACTIVITIES IN AN EFFORT TO DIVERT THEM FROM ACTIVITIES WHICH CONTRIBUTE TO JUVENILE DELINQUENCY.
Program accomplishments
- WE PROVIDED APPROXIMATELY 250 YOUTHS IN THE AREA WITH ORGANIZED AND STRUCTERED BASKETBALL PROGRAMS TO PROVIDE FOR THEIR PHYSICAL, MENTAL AND EMOTIONAL DEVELOPMENT AND TO HELP THEM TO PARTICIPATE IN POSITIVE ACTIVITIES THAT DIRECT THEM AWAY FROM CONTRIBUTING TO JUVENILE DELINQUENCY.Expenses $155,143 · revenue $17,726
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
- 38-3592393
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $26,049
- Income (IRS master file)
- $202,363
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $168,223 | $198,624 | $26,049 | IRS |
| 990 | December 2023 | $184,574 | $186,046 | $44,631 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990 | 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 38-3592393).
Questions about COMMON BOND BASKETBALL CLUB INC
- What is the EIN of COMMON BOND BASKETBALL CLUB INC?
- The employer identification number (EIN) of COMMON BOND BASKETBALL CLUB INC is 38-3592393.
- Is COMMON BOND BASKETBALL CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to COMMON BOND BASKETBALL CLUB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMON BOND BASKETBALL CLUB 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 COMMON BOND BASKETBALL CLUB INC 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 COMMON BOND BASKETBALL CLUB INC 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 COMMON BOND BASKETBALL CLUB INC?
- The 990 for the year ended December 31, 2024 names TYRONE HICKS.
- Who are the officers and directors of COMMON BOND BASKETBALL CLUB INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $41,500 (TYRONE HICKS, PRESIDENT).
- How much revenue does COMMON BOND BASKETBALL CLUB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $168,223, expenses of $198,624 and total assets of $26,049 at year end.
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