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Nonprofit · EIN 56-1330701

CRYSTAL COAST TOURNAMENT INC

Tax-exempt · MOREHEAD CITY, NC 28557

Financials

$10.4M$11M2022$11.7M$10.8M2023$11.9M$11.4M2024
Revenue Expenses · by fiscal year end
Financials of CRYSTAL COAST TOURNAMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990$11,916,323$11,372,421$543,902$3,565,599$1,618,515$1,947,084
October 31, 2024990$11,701,515$10,831,663$869,852$1,665,806$262,624$1,403,182
October 31, 2023990$10,407,971$11,011,741-$603,770$2,875,246$2,341,916$533,330
Financial details: 990 for the year ended October 31, 2025

Revenue

Contributions, gifts and grants
$3,767
Program service revenue
$10,266,619
Investment income
$83,734
Net income from fundraising events
$3,650
Net income from sales of inventory
$1,558,553
Other revenue
$1,562,203

Expenses

Grants and similar amounts paid
$2,374,672
Compensation of officers, directors and key employees
$169,181
Other salaries and wages
$403,990
Salaries, compensation and benefits (total)
$635,967
Professional fundraising fees
$0
Legal fees
$4,406
Accounting fees
$21,364
Occupancy
$116,460
Travel
$8,189
Depreciation
$27,492
Program services (functional)
$11,090,541
Management and general (functional)
$281,880

Balance sheet and other

Total assets, start of year
$1,665,806
Total assets, end of year
$3,565,599
Total liabilities, end of year
$1,618,515
Net assets, end of year
$1,947,084
Land, buildings and equipment
$165,293
Gross receipts
$14,606,621
Employees
29
Volunteers
0
Year formed
1982
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 October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MADISON STRUYKTOURNAMENT DIRECTOR
Highest-paid employee
40$169,181
BILLY KORNEGAYDIRECTOR
Trustee or director
5$0
CAROLINE PETRILLIDIRECTOR
Trustee or director
5$0
CASEY WAGNERPRESIDENT
Trustee or director, Officer
5$0
CURTIS STRANGEDIRECTOR
Trustee or director
5$0
DALE BRITTPAST PRESIDENT
Trustee or director
5$0
DEW FORBESDIRECTOR
Trustee or director
5$0
EMERY IVEYPAST PRESIDENT
Trustee or director
5$0
HOWARD BASNIGHTDIRECTOR
Trustee or director
5$0
JACK JORDANDIRECTOR
Trustee or director
4$0
JIM BAILEYDIRECTOR
Trustee or director
5$0
JOY BELLDIRECTOR
Trustee or director
5$0
LES COLLINSPAST PRESIDENT
Trustee or director, Officer
5$0
MIKE THOMPSONTREASURER
Trustee or director, Officer
5$0
RANDY RAMSEYDIRECTOR
Trustee or director
5$0
4 more people on this return
NameTitleHours / weekCompensation
RICHARD CROWESECRETARY
Trustee or director, Officer
5$0
ROGER CROWEDIRECTOR
Trustee or director
5$0
TOM BENNETTVICE PRESIDENT
Trustee or director
3$0
BRENT GASKILLDIRECTOR
Trustee or director
3$0
990 for the year ended October 31, 2024: 19 people
NameTitleHours / weekCompensation
MADISON STRUYKTOURNAMENT DIRECTOR
Highest-paid employee
40$156,754
BILLY KORNEGAYDIRECTOR
Trustee or director
5$0
CAROLINE PETRILLIDIRECTOR
Trustee or director
5$0
CASEY WAGNERVICE PRESIDENT
Trustee or director, Officer
5$0
CURTIS STRANGEDIRECTOR
Trustee or director
5$0
DALE BRITTPAST PRESIDENT
Trustee or director
5$0
DEW FORBESDIRECTOR
Trustee or director
5$0
EMERY IVEYPAST PRESIDENT
Trustee or director
5$0
HOWARD BASNIGHTDIRECTOR
Trustee or director
5$0
JACK JORDANDIRECTOR
Trustee or director
4$0
JIM BAILEYDIRECTOR
Trustee or director
5$0
JOY BELLPAST PRESIDENT
Trustee or director
5$0
LES COLLINSPRESIDENT
Trustee or director, Officer
5$0
MIKE THOMPSONTREASURER
Trustee or director, Officer
5$0
RANDY RAMSEYDIRECTOR
Trustee or director
5$0
RICHARD CROWESECRETARY
Trustee or director, Officer
5$0
ROGER CROWEDIRECTOR
Trustee or director
5$0
TOM BENNETTDIRECTOR
Trustee or director
3$0
BRENT GASKILLDIRECTOR
Trustee or director
3$0
990 for the year ended October 31, 2023: 18 people
NameTitleHours / weekCompensation
MADISON STRUYKTOURNAMENT DIRECTOR
Highest-paid employee
40$156,369
BILLY KORNEGAYDIRECTOR
Trustee or director
5$0
CAROLINE PETRILLIDIRECTOR
Trustee or director
5$0
CASEY WAGNERVICE PRESIDENT
Trustee or director, Officer
5$0
CURTIS STRANGEDIRECTOR
Trustee or director
5$0
DALE BRITTPAST PRESIDENT
Trustee or director
5$0
DEW FORBESDIRECTOR
Trustee or director
5$0
EMERY IVEYPAST PRESIDENT
Trustee or director
5$0
HOWARD BASNIGHTDIRECTOR
Trustee or director
5$0
JACK JORDONDIRECTOR
Trustee or director
4$0
JIM BAILEYDIRECTOR
Trustee or director
5$0
JOY BELLPAST PRESIDENT
Trustee or director
5$0
LES COLLINSPRESIDENT
Trustee or director, Officer
5$0
MIKE THOMPSONTREASURER
Trustee or director, Officer
5$0
RANDY RAMSEYDIRECTOR
Trustee or director
5$0
RICHARD CROWESECRETARY
Trustee or director, Officer
5$0
ROGER CROWEDIRECTOR
Trustee or director
5$0
TOM BENNETTDIRECTOR
Trustee or director
3$0

Address and contacts

Address (IRS master file)
710 EVANS ST, MOREHEAD CITY, NC 28557-4222
Principal officer (990 for 2024)
MIKE THOMPSON, 710 EVANS STREET, MOREHEAD CITY, NC 28557
Signed the 990
MIKE THOMPSON, TREASURER
Phone
(252) 247-3575
Return prepared by
PBMARES LLP

Mission

THE ORGANIZATION'S MISSION STATEMENT AND PRIMARY EXEMPT PURPOSE IS RAISING FUNDS FOR CHARITABLE ORGANZIATIONS AND WORTHY COMMUNITY PROJECTS; TO PROMOTE SPORTFISHING THROUGHOUT CARTERET COUNTY AND THE STATE OF NORTH CAROLINA; PROMOTE CONSERVATION AMONG SPORTSFISHERMEN; PRESERVE MARITIME CULTURE AND HERITAGE; AND TO PROMOTE MARINE EDUCATION.

990 for the year ended October 31, 2025

Program accomplishments

  • THE ORGANIZATION WAS ABLE TO RAISE FUNDS TO HELP SUPPORT LOCAL ORGANIZATIONS INCLUDING HELPING MENTALLY AND PHYSICALLY HANDICAPPED INDIVIDUALS AND RAISED FUNDS FOR ORGANIZATIONS THAT HELP TO PROMOTE FISH PRESERVATION AND SPORTSFISHING.
    Expenses $11,090,541 · grants $2,374,672 · revenue $11,825,172

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 October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026990 on file
2023October 31, 2024March 17, 2025990 on file
2022October 31, 2023March 15, 2024990 on file

IRS record

EIN
56-1330701
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
1985
Accounting year ends
October
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P34J)
Assets (IRS master file)
$3,565,599
Income (IRS master file)
$14,606,621

Filing history

FormYear endedRevenueExpensesAssetsReturn
990October 2025$11,916,323$11,372,421$3,565,599XML
990October 2024$11,701,515$10,831,663$1,665,806XML
990October 2023$10,407,971$11,011,741$2,875,246XML
990October 2022$10,102,081$11,031,510$1,569,391IRS
990October 2021–––IRS
990October 2020–––IRS
990October 2019–––IRS
990October 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 56-1330701).

Questions about CRYSTAL COAST TOURNAMENT INC

What is the EIN of CRYSTAL COAST TOURNAMENT INC?
The employer identification number (EIN) of CRYSTAL COAST TOURNAMENT INC is 56-1330701.
Is CRYSTAL COAST TOURNAMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to CRYSTAL COAST TOURNAMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CRYSTAL COAST TOURNAMENT 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 CRYSTAL COAST TOURNAMENT INC due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CRYSTAL COAST TOURNAMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended October 2025.
Who is the principal officer of CRYSTAL COAST TOURNAMENT INC?
The 990 for the year ended October 31, 2025 names MIKE THOMPSON.
Who are the officers and directors of CRYSTAL COAST TOURNAMENT INC?
The 990 for the year ended October 31, 2025 lists 19 people; 1 received compensation from the organization, the highest $169,181 (MADISON STRUYK, TOURNAMENT DIRECTOR).
How much revenue does CRYSTAL COAST TOURNAMENT INC have?
On its 990 for the year ended October 31, 2025 it reported revenue of $11,916,323, expenses of $11,372,421 and total assets of $3,565,599 at year end.

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