Nonprofit · EIN 84-5188538
TEAM 1TYUS
Tax-exempt · MINNEAPOLIS, MN 55414
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $0 | $0 | $0 | $22,994 | $0 | $22,994 |
| December 31, 2024 | 990-EZ | $0 | $1,033 | -$1,033 | $22,994 | $0 | $22,994 |
| December 31, 2023 | 990-EZ | $125,347 | $153,864 | -$28,517 | $24,027 | $0 | $24,027 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
Expenses
- Compensation of officers, directors and key employees
- $0
Balance sheet and other
- Total assets, start of year
- $22,994
- Total assets, end of year
- $22,994
- Total liabilities, end of year
- $0
- Net assets, end of year
- $22,994
- Cash, savings and investments
- $22,994
- Gross receipts
- $0
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TYUS JONES | PRESIDENT | 0 | $0 |
| GREGG CASCAES | TREASURER | 0 | $0 |
| JADEE JONES | OFFICER | 0 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TYUS JONES | PRESIDENT | 0 | $0 |
| GREGG CASCAES | TREASURER | 0 | $0 |
| JADEE JONES | OFFICER | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TYUS JONES | PRESIDENT | 5 | $0 |
| GREGG CASCAES | TREASURER | 5 | $0 |
| JADEE JONES | OFFICER | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 222 2ND ST SE APT 306, MINNEAPOLIS, MN 55414-5108
- In care of
- % GREGG CASCAES
- Signed the 990-EZ
- GREGG CASCAES, TREASURER
- Phone
- (612) 201-2669
- Website
- WWW.TEAMTYUS.COM
- Return prepared by
- FROEHLING ANDERSON LTD
Mission
PROVIDE A COMPETITIVE AND SUPPORTIVE ENVIRONMENT FOR YOUTH ATHLETES TO DEVELOP AS BASKETBALL PLAYERS AND LEARN IMPORTANT LIFE LESSONS ALONG THE WAY.
Program accomplishments
- PROVIDE COMPETITIVE ENVIRONMENT AND DEVELOPMENT OPPORTUNITIES FOR YOUTH BASKETBALL FOR FIFTH THROUGH EIGHTH GRADE.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-EZ 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
- 84-5188538
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $22,994
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $0 | $0 | $22,994 | XML |
| 990-EZ | December 2024 | $0 | $1,033 | $22,994 | XML |
| 990-EZ | December 2023 | $125,347 | $153,864 | $24,027 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 84-5188538).
Questions about TEAM 1TYUS
- What is the EIN of TEAM 1TYUS?
- The employer identification number (EIN) of TEAM 1TYUS is 84-5188538.
- Is TEAM 1TYUS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to TEAM 1TYUS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEAM 1TYUS file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of TEAM 1TYUS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEAM 1TYUS last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of TEAM 1TYUS?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does TEAM 1TYUS have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $0, expenses of $0 and total assets of $22,994 at year end.
Other nonprofits in MINNEAPOLIS
- NATIONAL SPORTS CENTER FOUNDATION EIN 41-1646516 · last filed 990 for 2024
- MINNEAPOLIS PARKS FOUNDATION EIN 20-0715686 · last filed 990 for 2025
- THE LOPPET FOUNDATION INC EIN 41-1753882 · last filed 990 for 2025
- HERZL CAMP ASSOCIATION EIN 41-6009136 · last filed 990 for 2025
- MINNEAPOLIS CLUB INC EIN 41-0414540 · last filed 990 for 2024
- INNERCITY TENNIS FOUNDATION EIN 41-6038537 · last filed 990 for 2024
- HOMEGROWN LACROSSE CORPORATION EIN 20-1956993 · last filed 990 for 2025
- V3 SPORTS INC EIN 47-4208106 · last filed 990 for 2024
All nonprofits in MINNEAPOLIS · Minnesota · Recreation and sports