Skip to main content

Nonprofit · EIN 84-1937587

SPORTS BIZ CARES LTD

Tax-exempt · CHARLOTTE, NC 28208

Financials

$471K$507K2023$340K$301K2024
Revenue Expenses · by fiscal year end
Financials of SPORTS BIZ CARES LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$339,920$300,890$39,030$67,004$79,228-$12,224
December 31, 2023990$470,998$506,649-$35,651$111,258$162,512-$51,254
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$319,373
Program service revenue
$0
Investment income
$247
Net income from fundraising events
$19,137
Other revenue
$20,300

Expenses

Grants and similar amounts paid
$5,000
Other salaries and wages
$85,653
Salaries, compensation and benefits (total)
$99,270
Professional fundraising fees
$0
Accounting fees
$9,299
Travel
$3,818
Program services (functional)
$289,651
Management and general (functional)
$9,523
Fundraising (functional)
$1,716

Balance sheet and other

Total assets, start of year
$111,258
Total assets, end of year
$67,004
Total liabilities, end of year
$79,228
Net assets, end of year
-$12,224
Net assets without donor restrictions
-$12,224
Gross receipts
$341,759
Employees
3
Volunteers
410
Year formed
2019
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JEFFREY M LONGOBOARD CHAIR
Trustee or director
1$0
GERARD LITTLEJOHNBOARD CHAIR
Trustee or director
1$0
ALMA ANGELESAT LARGE
Trustee or director
0.25$0
VANESSA TAVERASAT LARGE
Trustee or director
0.25$0
KELLEY WALTONAT LARGE
Trustee or director
0.25$0
DEANDRAE WATSONAT LARGE
Trustee or director
0.25$0
GARY SCOTTAT LARGE
Trustee or director
0.25$0
RAGEAN HILLAT LARGE
Trustee or director
0.25$0
TIM REBICHAT LARGE
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
GERARD LITTLEJOHNBOARD CHAIR
Trustee or director
1$0
JEFFREY M LONGOBOARD CHAIR
Trustee or director
1$0
ALMA ANGELESAT LARGE
Trustee or director
0.25$0
VANESSA TAVERASAT LARGE
Trustee or director
0.25$0
KELLEY WALTONAT LARGE
Trustee or director
0.25$0
DEANDRAE WATSONAT LARGE
Trustee or director
0.25$0
GARY SCOTTAT LARGE
Trustee or director
0.25$0
RAGEAN HILLAT LARGE
Trustee or director
0.25$0
TIM REBICHAT LARGE
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
314 VIBURNUM WAY CT, CHARLOTTE, NC 28208-5239
In care of
% JEFFREY MICHAEL LONGO
Principal officer (990 for 2024)
JEFFREY M LONGO
Signed the 990
JEFFREY M LONGO, BOARD CHAIR
Phone
(704) 999-8637
Return prepared by
RESOURCE TAX AND ACCOUNTING LLC

Mission

CHANGING THE LIVES OF UNDERREPRESENTED HIGH SCHOOL AND COLLEGE STUDENTS THROUGH THE SPORTS BUSINESS.

990 for the year ended December 31, 2024

Program accomplishments

  • SPORTS BIZ CARES, LTD., PROVIDES RESOURCES AND OPPORTUNITIES TO UNDERSERVED COMMUNITIES (PARTICULARLY WOMEN AND PEOPLE OF COLOR) WITHIN THE SPORTS BUSINESS INDUSTRY. SPORTS BIZ CARES, LTD., PROVIDES FUNDS AND SUPPORT FOR INTENTIONAL POST-GRADUATE EDUCATIONAL OPPORTUNITIES THAT FURTHER LEARNING AND IMPROVE EMPLOYABILITY AND ADAPTABILITY BY TRANSFORMING EXPERIENCES INTO KNOWLEDGE, SKILLS, ATTITUDES, VALUES, EMOTIONS, AND BELIEFS.
    Expenses $289,651 · grants $5,000

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
84-1937587
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
Category (NTEE)
Employment (J20)
Assets (IRS master file)
$67,004
Income (IRS master file)
$341,759

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$339,920$300,890$67,004XML
990December 2023$470,998$506,649$111,258XML
990December 2022$517,458$530,771$115,657IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 84-1937587).

Questions about SPORTS BIZ CARES LTD

What is the EIN of SPORTS BIZ CARES LTD?
The employer identification number (EIN) of SPORTS BIZ CARES LTD is 84-1937587.
Is SPORTS BIZ CARES LTD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to SPORTS BIZ CARES LTD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SPORTS BIZ CARES LTD 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 SPORTS BIZ CARES LTD 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 SPORTS BIZ CARES LTD 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 SPORTS BIZ CARES LTD?
The 990 for the year ended December 31, 2024 names JEFFREY M LONGO.
Who are the officers and directors of SPORTS BIZ CARES LTD?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does SPORTS BIZ CARES LTD have?
On its 990 for the year ended December 31, 2024 it reported revenue of $339,920, expenses of $300,890 and total assets of $67,004 at year end.

Other nonprofits in CHARLOTTE

All nonprofits in CHARLOTTE · North Carolina · Employment