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Nonprofit · EIN 88-3979663

CENTRAL FLORIDA RISING STARS INC

Tax-exempt · THE VILLAGES, FL 32162

Financials

$1.1M$882K2023$5.6M$5.9M2024
Revenue Expenses · by fiscal year end
Financials of CENTRAL FLORIDA RISING STARS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,578,390$5,860,198-$281,808$1,660$0$1,660
December 31, 2023990$1,110,415$882,423$227,992$283,468$0$283,468
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,578,390
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$5,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,660
Travel
$3,851,261
Program services (functional)
$5,852,593
Management and general (functional)
$7,605

Balance sheet and other

Total assets, start of year
$283,468
Total assets, end of year
$1,660
Total liabilities, end of year
$0
Net assets, end of year
$1,660
Net assets without donor restrictions
$1,660
Gross receipts
$5,578,390
Employees
0
Volunteers
0
Year formed
2021
State of legal domicile
FL

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Fred GollerPrincipal
Officer
3$0
Martin Dzuro JrPrincipal
Officer
5$0
Colt McDowellPrincipal
Officer
5$0
Mike WilliamsPrincipal
Officer
30$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Fred GollerPrincipal
Officer
3$0
Martin Dzuro JrPrincipal
Officer
5$0
Colt McDowellPrincipal
Officer
5$0
Mike WilliamsPrincipal
Officer
30$0

Address and contacts

Address (IRS master file)
251 BUFFALO TRL, THE VILLAGES, FL 32162-7176
Mailing address (990-N for 2022)
2113 EVERGLADES LANE 180, THE VILLAGES FL 32163
Principal officer (990 for 2024)
Colt McDowell, 3282 Sennett Circle, Oxford, FL 34484
Principal officer (990-N for 2022)
COLT MCDOWELL, 2113 EVERGLADES LANE 180, THE VILLAGES FL 32163
Signed the 990
Colt McDowell, Principal
Phone
(352) 259-6890
Return prepared by
Sorren Inc

Mission

See Schedule O

990 for the year ended December 31, 2024

Program accomplishments

  • The organization provided coaching and mentorship to amateur athletes, emphasizing hard work, teamwork, and positive conduct both on and off the court. Coaches and staff travel with teams to tournaments across the United States, where players compete against other amateur teams and have opportunities to network with fellow athletes and coaches.During the year, the organization participates in over 16 tournaments for both boys and girls, providing 185 amateur athletes of each gender with the opportunity to compete at a higher level.The long-term goal of the organization is to continue offering amateur athletes and volunteers opportunities to develop their skills to the highest level possible by providing resources and support to participate in national and local sporting events.
    Expenses $5,852,593 · grants $5,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-3979663
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,660
Income (IRS master file)
$5,578,390

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,578,390$5,860,198$1,660IRS
990December 2023$1,110,415$882,423$283,468XML
990-N for 2022
Officer: COLT MCDOWELL
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 88-3979663).

Questions about CENTRAL FLORIDA RISING STARS INC

What is the EIN of CENTRAL FLORIDA RISING STARS INC?
The employer identification number (EIN) of CENTRAL FLORIDA RISING STARS INC is 88-3979663.
Is CENTRAL FLORIDA RISING STARS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to CENTRAL FLORIDA RISING STARS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTRAL FLORIDA RISING STARS 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 CENTRAL FLORIDA RISING STARS 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 CENTRAL FLORIDA RISING STARS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CENTRAL FLORIDA RISING STARS INC?
The 990 for the year ended December 31, 2024 names Colt McDowell.
Who are the officers and directors of CENTRAL FLORIDA RISING STARS INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does CENTRAL FLORIDA RISING STARS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,578,390, expenses of $5,860,198 and total assets of $1,660 at year end.

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