Nonprofit · EIN 86-1656562
PHILLY RISE GBB
Tax-exempt · BENSALEM, PA 19020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $116,567 | $98,650 | $17,917 | $99,497 | – | $99,497 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $73,500
- Program service revenue
- $42,860
- Investment income
- $207
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $955
- Other expenses
- $97,695
- Program services (functional)
- $98,650
Balance sheet and other
- Total assets, start of year
- $81,580
- Total assets, end of year
- $99,497
- Total liabilities, end of year
- –
- Net assets, end of year
- $99,497
- Cash, savings and investments
- $99,497
- Gross receipts
- $116,567
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 |
|---|---|---|---|
| KEVIN LYNCH | FOUNDER DIRECTOR | 30 | $0 |
| TONY LEE | PROGRAM MANAGER | 20 | $0 |
| PAUL MARTINEZ | IT MANAGER | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 2617 STREET RD PMB 323, BENSALEM, PA 19020-2864
- In care of
- % KEVIN LYNCH
- Signed the 990-EZ
- KEVIN LYNCH, FOUNDER
- Return prepared by
- Peter Jones
Mission
Is a non-profit girls basketball organization with a vision to promote equality in sports and earn athletic scholarships
Program accomplishments
- PROGRAM SERVICES STARTED DURING 2021 - PHILLY RISE GBB LLC IS A NEW NON-PROFIT ORGANIZATION AND DURING THE 2021 FISCAL YEAR PERIOD THIS PROGRAM EXECUTED ON ITS COMPANY MISSION STATEMENT BY ORGANIZING AND SCHEDULING GIRLS BASKETBALL TOURNAMENTS. THEY ALSO PARTICIPATED IN REGIONAL AND NATIONAL GIRLS BASKETBALL ACTIVITIES.Expenses $98,650
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 | Check at the IRS |
IRS record
- EIN
- 86-1656562
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $99,497
- Income (IRS master file)
- $116,567
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $116,567 | $98,650 | $99,497 | IRS |
| 990-EZ | August 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 86-1656562).
Questions about PHILLY RISE GBB
- What is the EIN of PHILLY RISE GBB?
- The employer identification number (EIN) of PHILLY RISE GBB is 86-1656562.
- Is PHILLY RISE GBB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to PHILLY RISE GBB tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHILLY RISE GBB 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 RISE GBB 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 RISE GBB last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of PHILLY RISE GBB?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does PHILLY RISE GBB have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $116,567, expenses of $98,650 and total assets of $99,497 at year end.
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