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Nonprofit · EIN 81-3951595

TI SPORTS

Tax-exempt · HIAWATHA, IA 52233

Financials

$666K$656K2023$854K$642K2024
Revenue Expenses · by fiscal year end
Financials of TI SPORTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$854,418$641,926$212,492$185,066$56,338$128,728
December 31, 2023990$666,019$655,979$10,040$34,580$118,344-$83,764
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$14,500
Program service revenue
$834,696
Investment income
$0
Other revenue
$5,222

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,892
Occupancy
$153,388
Program services (functional)
$627,076
Management and general (functional)
$14,850

Balance sheet and other

Total assets, start of year
$34,580
Total assets, end of year
$185,066
Total liabilities, end of year
$56,338
Net assets, end of year
$128,728
Net assets without donor restrictions
$128,728
Gross receipts
$854,418
Employees
0
Year formed
2016
State of legal domicile
IA

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
CLARK HAKERVICE PRESIDE
Trustee or director
1$0
TYLER ROSSSECRETARY
Trustee or director
1$0
ANNA WILSONTREASURER
Trustee or director
1$0
TIMOTHY J WILSONPRESIDENT
Trustee or director
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
TIMOTHY J WILSONPRESIDENT
Trustee or director
1$0
CLARK HAKERVICE PRESIDENT
Trustee or director
1$0
TYLER ROSSSECRETARY
Trustee or director
1$0
ANNA WILSONTREASURER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1710 HAWKEYE DR, HIAWATHA, IA 52233-4716
Principal officer (990 for 2024)
TIMOTHY J WILSON
Signed the 990
TIMOTHY J WILSON, PRESIDENT
Phone
(319) 363-0101
Return prepared by
SAVANT TAX & CONSULTING

Mission

TO FOSTER AND PROMOTE YOUTH DEVELOPMENT, HEALTH, AND WELL-BEING THROUGH BASKETBALL AND SOFTBALL.

990 for the year ended December 31, 2024

Program accomplishments

  • TI SPORTS PROVIDED BASKETBALL AND SOFTBALL EDUCATION, INCLUDING TRAINING, GAMES AND DEVELOPMENT TO OVER 200 YOUHS IN THE CEDAR RAPIDS AREA.
    Expenses $627,076 · revenue $839,918

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
81-3951595
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
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$185,066
Income (IRS master file)
$854,418

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$854,418$641,926$185,066XML
990December 2023$666,019$655,979$34,580XML
990December 2022$674,967$669,296$33,460IRS
990December 2021$430,810$483,611$41,883IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 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 81-3951595).

Questions about TI SPORTS

What is the EIN of TI SPORTS?
The employer identification number (EIN) of TI SPORTS is 81-3951595.
Is TI SPORTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to TI SPORTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TI 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 TI SPORTS 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 TI SPORTS 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 TI SPORTS?
The 990 for the year ended December 31, 2024 names TIMOTHY J WILSON.
Who are the officers and directors of TI SPORTS?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does TI SPORTS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $854,418, expenses of $641,926 and total assets of $185,066 at year end.

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