Nonprofit · EIN 84-4924754
PHILLY REVOLUTION INC
Tax-exempt · HORSHAM, PA 19044
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $108,407 | $106,539 | $1,868 | $2,574 | $0 | $2,574 |
| December 31, 2023 | 990-EZ | $65,843 | $65,193 | $650 | $706 | $0 | $706 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $37,429
- Membership dues
- $44,076
- Net income from fundraising events
- $26,902
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $106,539
Balance sheet and other
- Total assets, start of year
- $706
- Total assets, end of year
- $2,574
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,574
- Cash, savings and investments
- $2,574
- Gross receipts
- $147,601
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SHARP | VICE PRESIDENT | 3 | $0 |
| NICK SULLIVAN | PRESIDENT | 17 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SHARP | VICE PRESIDENT | 3 | $0 |
| NICK SULLIVAN | PRESIDENT | 17 | $0 |
Address and contacts
- Address (IRS master file)
- 100 TOURNAMENT DRIVE 310, HORSHAM, PA 19044-3602
- In care of
- % CARE OF THE SHARP FINANCIAL GROUP
- Mailing address (990-N for 2021)
- 100 TOURNAMENT DRIVE 310, HORSHAM PA 19044
- Principal officer (990-N for 2021)
- MICHAEL H SHARP, 100 TOURNAMENT DRIVE 310, HORSHAM PA 19044
- Signed the 990-EZ
- MICHAEL SHARP, VICE PRESIDENT
- Phone
- (215) 659-2130
- Return prepared by
- MICHAEL H SHARP & ASSOCIATES LLC
Mission
PHILLY REVOLUTION IS AN ORGANIZATION ESTABLISHED TO GIVE UNDER PRIVILEGED KIDS AN OPPORTUNITY TO EXCEL AND ADVANCE THROUGH PLAYING BASKETBALL.
Program accomplishments
- PHILLY REVOLUTION IS AN ORGANIZATION ESTABLISHED TO GIVE UNDER PRIVILEGED KIDS AN OPPORTUNITY TO EXCEL AND ADVANCE THROUGH PLAYING BASKETBALL.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 84-4924754
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N60)
- Assets (IRS master file)
- $2,574
- Income (IRS master file)
- $147,601
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $108,407 | $106,539 | $2,574 | XML |
| 990-EZ | December 2023 | $65,843 | $65,193 | $706 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: MICHAEL H SHARP | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
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 84-4924754).
Questions about PHILLY REVOLUTION INC
- What is the EIN of PHILLY REVOLUTION INC?
- The employer identification number (EIN) of PHILLY REVOLUTION INC is 84-4924754.
- Is PHILLY REVOLUTION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to PHILLY REVOLUTION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHILLY REVOLUTION INC 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 PHILLY REVOLUTION INC 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 PHILLY REVOLUTION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of PHILLY REVOLUTION INC?
- The 990-N for 2021 names MICHAEL H SHARP.
- Who are the officers and directors of PHILLY REVOLUTION INC?
- The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does PHILLY REVOLUTION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $108,407, expenses of $106,539 and total assets of $2,574 at year end.
Other nonprofits in HORSHAM
- MIRACLE FIELD OF HORSHAM PA EIN 87-3369179 · last filed 990 for 2025
- THE COLLEGE SETTLEMENT OF PHILADELPHIA EIN 23-1381440 · last filed 990 for 2024
- HORSHAM SOCCER ASSOCIATION INC EIN 23-2683496 · last filed 990 for 2025
- HATBORO HORSHAM AQUATIC ASSOCIATION EIN 26-3345242 · last filed 990-EZ for 2026
- HATBORO HORSHAM HAWKS EIN 99-4825495 · last filed 990-EZ for 2024
- HORSHAM HOOPS EIN 23-2976739 · last filed 990-EZ for 2023
- SUBURBAN CYCLISTS UNLIMITED INC EIN 25-1649543 · last filed 990-EZ for 2024
- CELEBRITY ATHLETIX CORP EIN 88-1990604 · last filed 990-N for 2024
All nonprofits in HORSHAM · Pennsylvania · Recreation and sports