Nonprofit · EIN 88-2729219
NO LIMITS ACADEMY
Tax-exempt · FEDERAL WAY, WA 98003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $176,017 | $133,212 | $42,805 | $49,418 | – | $49,418 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $9,950
- Membership dues
- $166,067
- Program service revenue
- $0
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $52,899
- Occupancy
- $36,886
- Other expenses
- $43,427
- Program services (functional)
- $9,950
Balance sheet and other
- Total assets, start of year
- $6,613
- Total assets, end of year
- $49,418
- Total liabilities, end of year
- –
- Net assets, end of year
- $49,418
- Cash, savings and investments
- $49,418
- Gross receipts
- $176,017
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 |
|---|---|---|---|
| Eric Kim | Executive Director or CEO | 15 | $0 |
| Kevin Suh | Treasurer and Board of Director | 5 | $0 |
| Danny Cha | Board of Director | 3 | $0 |
| Joe Lee | Board of Director | 3 | $0 |
| Michael Suh | Board of Director | 3 | $0 |
| Thomas Norris | Board of Director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 30315 PACIFIC HIGHWAY SOUTH, FEDERAL WAY, WA 98003-4228
- In care of
- % ERIC KIM
- Mailing address (990-N for 2023)
- 30315 PACIFIC HWY S STE C, Federal Way WA 98003
- Principal officer (990-N for 2023)
- Eric Kim, 30315 PACIFIC HWY S, Ste C, Federal Way WA 98003
- Signed the 990-EZ
- ERIC KIM, Executive Director
Mission
The organization provides structured basketball programs that teach athletic skills teamwork leadership discipline and sportsmanship. It offers affordable access to training mentoring and competitive opportunities for youth of all backgrounds. Types of activities include instructional clinics team practices organized competitions avenues to have mentorship and real world teaching moments and community outreach events.
Program accomplishments
- An anonymous donor really liked the value we are providing to the youth in the community that they told us to create a transformational trip for our 9th grade group with an out of state trip for 5 days. We were able to get our coaches and players an opportunity to have a wholistic wellness retreat that included basketball trainings reflection time team bonding opportunities seminars of real life topics for the players and mentorship.Expenses $9,950 · grants $9,950
- Parents have been very appreciative of all the hours our coaches put in to the players in the organization. Through word of mouth our program the program is slowly becoming known as a youth program where kids really learn aspects of mental health wholistic views dieting discipline mental exercises and self confidence belief.
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-N on file |
IRS record
- EIN
- 88-2729219
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N60)
- Assets (IRS master file)
- $49,418
- Income (IRS master file)
- $176,017
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $176,017 | $133,212 | $49,418 | IRS |
| 990-N for 2023 Officer: Eric Kim | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Eric Kim | December 31, 2022 | ≤ $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 88-2729219).
Questions about NO LIMITS ACADEMY
- What is the EIN of NO LIMITS ACADEMY?
- The employer identification number (EIN) of NO LIMITS ACADEMY is 88-2729219.
- Is NO LIMITS ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to NO LIMITS ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NO LIMITS ACADEMY 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 NO LIMITS ACADEMY 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 NO LIMITS ACADEMY 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 NO LIMITS ACADEMY?
- The 990-N for 2023 names Eric Kim.
- Who are the officers and directors of NO LIMITS ACADEMY?
- The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does NO LIMITS ACADEMY have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $176,017, expenses of $133,212 and total assets of $49,418 at year end.
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