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Nonprofit · EIN 46-0884622

DREAM BIG BASKETBALL ACADEMY

Tax-exempt · HUNTERSVILLE, NC 28078

Financials

$376K$408K2023$360K$387K2024
Revenue Expenses · by fiscal year end
Financials of DREAM BIG BASKETBALL ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$359,535$387,014-$27,479$81,218$129,900-$48,682
December 31, 2023990$375,695$408,302-$32,607$108,697$129,900-$21,203
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,778
Program service revenue
$346,750
Investment income
$0
Other revenue
$7

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$124,590
Other salaries and wages
$55,459
Salaries, compensation and benefits (total)
$193,450
Professional fundraising fees
$0
Accounting fees
$475
Occupancy
$54,846
Travel
$15,642
Depreciation
$9,262
Program services (functional)
$355,439
Management and general (functional)
$31,575

Balance sheet and other

Total assets, start of year
$108,697
Total assets, end of year
$81,218
Total liabilities, end of year
$129,900
Net assets, end of year
-$48,682
Land, buildings and equipment
$17,676
Gross receipts
$359,535
Employees
21
Volunteers
13
Year formed
2012
State of legal domicile
NC

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.

NameTitleHours / weekCompensation
George HolmExecutive Director
Trustee or director
40$50,400
Rashon FrazierBasketball coach
Highest-paid employee
40$45,090
Harrison FlomBasketball coach
Highest-paid employee
40$29,100
Ben StywallBasketball coach
Key employee
5$5,952
Chris KuiatkowskiPresident
Officer
3$0
Matthew RussellVice President
Officer
1$0
Courtney McMenaminDirector
Officer
5$0
Keri HolmSecretary/Treasurer
Officer
10$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
George HolmExecutive Director
Trustee or director
40$50,400
Rashon FrazierBasketball coach
Highest-paid employee
40$37,081
Harrison FlomBasketball coach
Highest-paid employee
40$30,045
Ben StywallBasketball coach
Key employee
5$6,756
Chris KuiatkowskiPresident
Officer
3$0
Matthew RussellVice President
Officer
1$0
Courtney McMenaminDirector
Officer
5$0
Keri HolmSecretary/Treasurer
Officer
10$0

Address and contacts

Address (IRS master file)
13502 MCCOY RIDGE DR, HUNTERSVILLE, NC 28078-3665
Mailing address (990-N for 2014)
13502 McCoy Ridge Dr, Huntersville NC 28078
Principal officer (990 for 2024)
George Holm, 13502 McCoy Ridge Drive, Huntersville, NC 28078
Principal officer (990-N for 2014)
Georg Holm, 13502 McCoy Ridge Dr, Huntersville NC 28078
Signed the 990
George Holm, Executive Director
Phone
(704) 960-9656
Return prepared by
Roy Phillips CPA PLLC

Mission

Our mission is to inspire and coach students to dream big, work hard, and stay humble

990 for the year ended December 31, 2024

Program accomplishments

  • Basketball camps (full and half days) for boys and girls (grades 1-9). Conducted by experienced coaches/role models. 521 kids participated and 54 kids received scholarships.
    Expenses $115,274 · revenue $117,895
  • Basketball skills group session camps (nights,weekends, some holidays) for kids (K-12) conducted by experienced coaches/role models. 521 kids participated and 33 received scholarships.
    Expenses $130,542 · revenue $149,103
  • Girls team basketball (grades 4-11) with practice and games on nights and weekends. Teams are led by experienced coaches/role models. 60 kids participated and 9 received scholarships.
    Expenses $78,278 · revenue $64,790
  • OTHER PROGRAM SERVICES EXPENSES: Payroll expenses $16,063; Rent and lease $5,485; travel and meals $2,011; advertising and promotion $1,924; camps $1,824; insurance $280; dues/subs $730; educ & development $210: stipends $259; supplies $254; depreciation exp $926; bank charges $760; all other $619--TOTAL $31,345. OTHER PROGRAM SERVICES REVENUE: Pre-K Hoops $8,856; Home School Hoops $7,318; ; Clinics $2,121; Small Group training $4,367; Private training $5,078--TOTAL $27,740
    Expenses $31,345 · revenue $27,740

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0884622
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$81,218
Income (IRS master file)
$359,535

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$359,535$387,014$81,218XML
990December 2023$375,695$408,302$108,697XML
990December 2022$448,073$443,633$141,304IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2014
Officer: Georg Holm
December 31, 2014≤ $50,000 receipts––e-Postcard

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 46-0884622).

Questions about DREAM BIG BASKETBALL ACADEMY

What is the EIN of DREAM BIG BASKETBALL ACADEMY?
The employer identification number (EIN) of DREAM BIG BASKETBALL ACADEMY is 46-0884622.
Is DREAM BIG BASKETBALL ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to DREAM BIG BASKETBALL ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DREAM BIG BASKETBALL ACADEMY 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 DREAM BIG BASKETBALL ACADEMY 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 DREAM BIG BASKETBALL ACADEMY 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 DREAM BIG BASKETBALL ACADEMY?
The 990 for the year ended December 31, 2024 names George Holm.
Who are the officers and directors of DREAM BIG BASKETBALL ACADEMY?
The 990 for the year ended December 31, 2024 lists 8 people; 4 received compensation from the organization, the highest $50,400 (George Holm, Executive Director).
How much revenue does DREAM BIG BASKETBALL ACADEMY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $359,535, expenses of $387,014 and total assets of $81,218 at year end.

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