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Nonprofit · EIN 83-2801038

FANTASY CARES

Tax-exempt · EAGAN, MN 55122

Financials

$261K$215K2023$534K$452K2024
Revenue Expenses · by fiscal year end
Financials of FANTASY CARES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$533,972$451,812$82,160$137,321$0$137,321
December 31, 2023990$260,606$215,126$45,480$55,161$0$55,161
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$508,758
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$22,839
Other revenue
$25,214

Expenses

Grants and similar amounts paid
$291,183
Compensation of officers, directors and key employees
$36,576
Salaries, compensation and benefits (total)
$36,576
Professional fundraising fees
$0
Accounting fees
$900
Travel
$19,178
Program services (functional)
$291,651
Management and general (functional)
$130,900
Fundraising (functional)
$29,261

Balance sheet and other

Total assets, start of year
$55,161
Total assets, end of year
$137,321
Total liabilities, end of year
$0
Net assets, end of year
$137,321
Net assets without donor restrictions
$137,321
Gross receipts
$564,785
Employees
4
Volunteers
50
Year formed
2022
State of legal domicile
MN

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
Russell FisherTreasurer / Executive
Trustee or director, Officer
40$9,235
Bob GilchristSecretary / Executive
Trustee or director, Officer
40$9,235
John BoschBoard Member / Executive
Trustee or director, Officer
40$9,235
Scott FishPresident / Executive
Trustee or director, Officer
40$8,871
Liz LozaBoard Member
Trustee or director
1$0
Ryan McDowellBoard Member
Trustee or director
1$0
Heath CummingsBoard Member
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
SCOTT FISHPRESIDENT
Trustee or director, Officer
40$0
RUSSELL FISHERTREASURER
Trustee or director, Officer
40$0
BOB GILCHRISTSECRETARY
Trustee or director, Officer
40$0
LIZ LOZABOARD MEMBER
Trustee or director
1$0
RYAN MCDOWELLBOARD MEMBER
Trustee or director
1$0
JOHN BOSCHBOARD MEMBER
Trustee or director
1$0
HEATH CUMMINGSBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 22041, EAGAN, MN 55122-0041
In care of
% SCOTT
Principal officer (990 for 2024)
Bob Gilchrist, PO Box 22041, Eagan, MN 55122
Signed the 990
Bob Gilchrist, Secretary
Phone
(612) 440-1009
Return prepared by
Abdo LLP

Mission

The mission of Fantasy Cares is to inspire people to bring a charitable element to their fantasy leagues and to help raise money each year through the fantasy sports community for various 501(c)(3) charities.

990 for the year ended December 31, 2024

Program accomplishments

  • The majority of money raised is to be used to buy toys for kids at Christmas with those toys being donated to Toys for Tots. In the past, we have also done fundraisers to send money for hurricane relief after Hurricane Harvey, food shelves, and various other charities.
    Expenses $291,651 · grants $291,183

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
83-2801038
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$137,321
Income (IRS master file)
$564,785

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$533,972$451,812$137,321IRS
990December 2023$260,606$215,126$55,161XML
990-EZDecember 2022–––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 83-2801038).

Questions about FANTASY CARES

What is the EIN of FANTASY CARES?
The employer identification number (EIN) of FANTASY CARES is 83-2801038.
Is FANTASY CARES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to FANTASY CARES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FANTASY CARES 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 FANTASY CARES 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 FANTASY CARES 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 FANTASY CARES?
The 990 for the year ended December 31, 2024 names Bob Gilchrist.
Who are the officers and directors of FANTASY CARES?
The 990 for the year ended December 31, 2024 lists 7 people; 4 received compensation from the organization, the highest $9,235 (Russell Fisher, Treasurer / Executive).
How much revenue does FANTASY CARES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $533,972, expenses of $451,812 and total assets of $137,321 at year end.

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