Nonprofit · EIN 46-5745874
FOSTER PARK SPORTS
Tax-exempt · BROOKLYN, NY 11207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $74,880 | $57,972 | $16,908 | $17,260 | $0 | $17,260 |
| December 31, 2024 | 990-EZ | $51,510 | $57,264 | -$5,754 | $562 | $0 | $562 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $69,155
- Membership dues
- $5,725
Expenses
- Compensation of officers, directors and key employees
- $9,000
- Salaries, compensation and benefits (total)
- $9,000
- Professional fees and payments to contractors
- $16,400
- Other expenses
- $32,572
- Program services (functional)
- $57,972
Balance sheet and other
- Total assets, start of year
- $352
- Total assets, end of year
- $17,260
- Total liabilities, end of year
- $0
- Net assets, end of year
- $17,260
- Cash, savings and investments
- $17,260
- Gross receipts
- $74,880
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RON WALLACE | EXECUTIVE DIRECTOR | 40 | $9,000 |
990-EZ for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RON WALLACE | EXECUTIVE DIRECTOR | 40 | $12,000 |
Address and contacts
- Address (IRS master file)
- 700 CHAUNCEY ST, BROOKLYN, NY 11207-1423
- In care of
- % RON WALLACE
- Mailing address (990-N for 2022)
- 700 CHAUNCEY STREET, Brooklyn NY 11207
- Principal officer (990-N for 2022)
- RON WALLACE, 334 EASTERN PARKWAY APT 5L, Brooklyn NY 11225
- Signed the 990-EZ
- RON WALLACE, Executive Director
- Phone
- (929) 326-4639
- Return prepared by
- Hilton & Co Tax and Accounting
Mission
Dedicated to empower YOUTH
Program accomplishments
- Our organization is dedicated to empowering youth in the community through basketball. We provide structured programs, mentorship, and training opportunities that help young peopleExpenses $57,972 · grants $61,655
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 46-5745874
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N40)
- Assets (IRS master file)
- $17,260
- Income (IRS master file)
- $74,880
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $74,880 | $57,972 | $17,260 | IRS |
| 990-EZ | December 2024 | $51,510 | $57,264 | $562 | IRS |
| 990-N for 2022 Officer: RON WALLACE | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2021 Officer: Ron Wallace | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Ron Wallace | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Ron Wallace | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2018 | – | – | – | 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 46-5745874).
Questions about FOSTER PARK SPORTS
- What is the EIN of FOSTER PARK SPORTS?
- The employer identification number (EIN) of FOSTER PARK SPORTS is 46-5745874.
- Is FOSTER PARK SPORTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to FOSTER PARK SPORTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOSTER PARK SPORTS 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 FOSTER PARK SPORTS 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 FOSTER PARK SPORTS last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of FOSTER PARK SPORTS?
- The 990-N for 2022 names RON WALLACE.
- Who are the officers and directors of FOSTER PARK SPORTS?
- The 990-EZ for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $9,000 (RON WALLACE, EXECUTIVE DIRECTOR).
- How much revenue does FOSTER PARK SPORTS have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $74,880, expenses of $57,972 and total assets of $17,260 at year end.
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