Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 83-1516549

RAIN BASKETBALL

Tax-exempt · AURORA, CO 80013

Financials

$1.4M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of RAIN BASKETBALL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,420,167$1,435,574-$15,407$11,135$54,638-$43,503
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$31,761
Program service revenue
$1,388,406
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,533
Compensation of officers, directors and key employees
$179,586
Other salaries and wages
$96,400
Salaries, compensation and benefits (total)
$299,232
Professional fundraising fees
$0
Legal fees
$100
Accounting fees
$5,625
Travel
$23,056
Program services (functional)
$1,255,988
Management and general (functional)
$179,586

Balance sheet and other

Total assets, start of year
$10,036
Total assets, end of year
$11,135
Total liabilities, end of year
$54,638
Net assets, end of year
-$43,503
Net assets without donor restrictions
-$43,503
Gross receipts
$1,420,167
Employees
6
Year formed
2018
State of legal domicile
CA

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
JASON SIMONDirector
Trustee or director
40$83,336
CHRIS GUILDVice President
Officer
40$68,750
STEPHEN BESEDAPresident & CEO
Trustee or director
40$27,500
TARA BESEDADirector
Trustee or director
5$0
SANTIAGO RYDELSKITreasurer
Trustee or director
5$0

Address and contacts

Address (IRS master file)
2989 S ZENO CT, AURORA, CO 80013-6142
Principal officer (990 for 2024)
STEPHEN BESEDA, 2989 S ZENO CT, AURORA, CO 80013
Signed the 990
STEPHEN BESEDA, President
Phone
(714) 483-8252
Return prepared by
JASON BENNETT CPA APC

Mission

TO PROVIDE A POSITIVE AND FUN ENVIRONMENT FOR YOUNG BASKETBALL PLAYERS TO DEVELOP AND FURTHER ADVANCE THEIR BASKETBALL SKILLS.

990 for the year ended December 31, 2024

Program accomplishments

  • RAIN BASKETBALL CONNECTS PLAYERS, PARENTS, AND COACHES THROUGH IT'S UNIQUE YOUTH BASKETBALL TRAINING CURRICULUM. THE TRAINING CONSISTS OF IN-DEPTH ADVICE FROM COACHES THAT FOCUS ON CREATING A POSITIVE AND FUN ENVIRONMENT FOR YOUNG BASKETBALL PLAYERS. FLEXIBILITY IN THE PROGRAM CATERS TO BEGINNERS AS WELL AS ADVANCED ATHLETES BY ALLOWING INSTRUCTORS TO FOCUS ON EACH ATHLETE TO PROMOTE GROWTH AND SUCCESS.
    Expenses $1,255,988 · revenue $1,388,406

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
83-1516549
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,135
Income (IRS master file)
$1,420,167

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$1,293,934$1,314,322$10,036IRS
990December 2022$897,691$881,667$15,820IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about RAIN BASKETBALL

What is the EIN of RAIN BASKETBALL?
The employer identification number (EIN) of RAIN BASKETBALL is 83-1516549.
Is RAIN BASKETBALL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to RAIN BASKETBALL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAIN BASKETBALL 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 RAIN BASKETBALL 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 RAIN BASKETBALL 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 RAIN BASKETBALL?
The 990 for the year ended December 31, 2024 names STEPHEN BESEDA.
Who are the officers and directors of RAIN BASKETBALL?
The 990 for the year ended December 31, 2024 lists 5 people; 3 received compensation from the organization, the highest $83,336 (JASON SIMON, Director).
How much revenue does RAIN BASKETBALL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,420,167, expenses of $1,435,574 and total assets of $11,135 at year end.

Other nonprofits in AURORA

All nonprofits in AURORA · Colorado · Youth development