Nonprofit · EIN 87-0814370
VEGAS ELITE BASKETBALL CLUB
Tax-exempt (reinstated) · LAS VEGAS, NV 89138
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,267,785 | $1,270,720 | -$2,935 | $86,508 | $0 | $86,508 |
| December 31, 2024 | 990 | $1,038,639 | $1,079,486 | -$40,847 | $114,635 | $25,192 | $89,443 |
| December 31, 2023 | 990 | $898,040 | $949,950 | -$51,910 | $158,361 | $28,071 | $130,290 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,267,785
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,700
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $36,000
- Accounting fees
- $440
- Travel
- $531,099
- Depreciation
- $668
- Program services (functional)
- $1,193,999
- Management and general (functional)
- $76,721
Balance sheet and other
- Total assets, start of year
- $114,635
- Total assets, end of year
- $86,508
- Total liabilities, end of year
- $0
- Net assets, end of year
- $86,508
- Land, buildings and equipment
- $333
- Net assets without donor restrictions
- $86,508
- Gross receipts
- $1,267,785
- Employees
- 0
- Year formed
- 2009
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN SITTER | Executive Direc Trustee or director, Officer | 20 | $0 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN SITTER | Executive Direc Trustee or director, Officer | 20 | $40,000 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN SITTER | Executive Direc Trustee or director, Officer | 20 | $50,000 |
Address and contacts
- Address (IRS master file)
- 12029 ABBRACCI AVE, LAS VEGAS, NV 89138-4678
- In care of
- % BRIAN SITTER
- Signed the 990
- BRIAN SITTER, Executive Direc
- Phone
- (702) 400-8065
- Website
- VEGASELITE.ORG
- Return prepared by
- United Tax Solutions LLC
Mission
TO GET CHILDREN OFF THE STREETS WHILE AT THE SAME TIME TEACHING THEM THE SPORT OF BASKETBALL AND PLAYING A TEAM SPORT
Program accomplishments
- TEACHING CHILDREN THE SPORT OF BASKETBALL AND PLAYING A TEAM SPORT.Expenses $1,193,999
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-0814370
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $86,508
- Income (IRS master file)
- $1,267,785
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- October 7, 2011
- Reinstated
- Effective January 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,267,785 | $1,270,720 | $86,508 | XML |
| 990 | December 2024 | $1,038,639 | $1,079,486 | $114,635 | XML |
| 990 | December 2023 | $898,040 | $949,950 | $158,361 | XML |
| 990 | December 2022 | $831,654 | $766,920 | $182,200 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 87-0814370).
Questions about VEGAS ELITE BASKETBALL CLUB
- What is the EIN of VEGAS ELITE BASKETBALL CLUB?
- The employer identification number (EIN) of VEGAS ELITE BASKETBALL CLUB is 87-0814370.
- Is VEGAS ELITE BASKETBALL CLUB tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective January 15, 2012.
- Are donations to VEGAS ELITE BASKETBALL CLUB tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VEGAS ELITE BASKETBALL CLUB 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 VEGAS ELITE BASKETBALL CLUB 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 VEGAS ELITE BASKETBALL CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of VEGAS ELITE BASKETBALL CLUB?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does VEGAS ELITE BASKETBALL CLUB have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,267,785, expenses of $1,270,720 and total assets of $86,508 at year end.
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