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Nonprofit · EIN 59-3605695

ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED

Tax-exempt (reinstated) · DEBARY, FL 32713

Financials

$707K$711K2024
Revenue Expenses · by fiscal year end
Financials of ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$707,243$711,284-$4,041$23,699$0$23,699
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$707,243
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$98,118
Other salaries and wages
$143,062
Salaries, compensation and benefits (total)
$241,180
Professional fundraising fees
$0
Occupancy
$75,820
Travel
$6,554
Program services (functional)
$711,284

Balance sheet and other

Total assets, start of year
$27,740
Total assets, end of year
$23,699
Total liabilities, end of year
$0
Net assets, end of year
$23,699
Net assets without donor restrictions
$23,699
Gross receipts
$707,243
Employees
2
Year formed
1997
State of legal domicile
FL

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
Kimberly Davis PowellExecutive Director
Trustee or director, Officer
30$40,500
Reginald LawrenceAdmin
Key employee
20$25,975
Holly Early-MorrisTravel Coordinator
Key employee
20$23,642
Kelvin PowellAsst. Director
Key employee
10$8,000

Address and contacts

Address (IRS master file)
373 MAGNOLIA SPRINGS CT, DEBARY, FL 32713-3731
In care of
% PHILLIS M DAVIS
Principal officer (990 for 2024)
Kimberly Davis Powell, 132 PALM SPARROW CT, DAYTONA BEACH, FL 321191395
Signed the 990
Kimberly Davis Powell, Executive Director
Phone
(850) 556-2097

Mission

To provide young females athletes the opportunity to play competitively at the national level in amateur competition, as well as educational and career planning support.

990 for the year ended December 31, 2024

Program accomplishments

  • All expenses used to expose student athletes to colleges. Essence has created a long list of college athletes past and present that shall be entering the collegiate level within the next few years
    Expenses $711,060

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, 2024Check at the IRS

IRS record

EIN
59-3605695
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,699
Income (IRS master file)
$707,243

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
February 4, 2025
Reinstated
Effective May 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$707,243$711,284$23,699IRS

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 59-3605695).

Questions about ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED

What is the EIN of ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED?
The employer identification number (EIN) of ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED is 59-3605695.
Is ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective May 15, 2023.
Are donations to ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED 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 ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED 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 ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED 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 ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED?
The 990 for the year ended December 31, 2024 names Kimberly Davis Powell.
Who are the officers and directors of ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED?
The 990 for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $40,500 (Kimberly Davis Powell, Executive Director).
How much revenue does ESSENCE GIRLS BASKETBALL PROGRAM INCORPORATED have?
On its 990 for the year ended December 31, 2024 it reported revenue of $707,243, expenses of $711,284 and total assets of $23,699 at year end.

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