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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 93-2729668

ITL TEXAS GRASSROOTS BASKETBALL

Tax-exempt · MCKINNEY, TX 75070

Financials

$106K$101K2024
Revenue Expenses · by fiscal year end
Financials of ITL TEXAS GRASSROOTS BASKETBALL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990-EZ$105,710$100,828$4,882$11,974$7,616$4,358
Financial details: 990-EZ for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$13,010
Program service revenue
$92,700

Expenses

Compensation of officers, directors and key employees
$5,250
Salaries, compensation and benefits (total)
$5,250
Professional fees and payments to contractors
$5,950
Occupancy
$7,088
Other expenses
$82,540
Program services (functional)
$56,757

Balance sheet and other

Total assets, start of year
$11,062
Total assets, end of year
$11,974
Total liabilities, end of year
$7,616
Net assets, end of year
$4,358
Cash, savings and investments
$11,974
Gross receipts
$105,710

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOHNNY RICHARDSECRETARY6$5,250
TYLER SMITHPRESIDENT12$0

Address and contacts

Address (IRS master file)
5900 S LAKE FOREST DR STE 110, MCKINNEY, TX 75070-2197
In care of
% TYLER K SMITH
Mailing address (990-N for 2023)
5900 S Lake Forest Drive Suite 110, McKinney TX 75070
Principal officer (990-N for 2023)
Tyler Smith, 5900 S Lake Forest Drive Suite 110, McKinney TX 75070
Signed the 990-EZ
TYLER SMITH, PRESIDENT
Phone
(501) 295-5395
Return prepared by
C ELIZABETH JAIN CPA LLC

Mission

THE CENTRAL PURPOSE OF THE CORPORATION IS TO ADDRESS THE NEEDS OF THE COMMUNITY, THROUGH EDUCATIONAL AND CHARITABLE PURPOSES, INCLUDING SUPPORTING THE GROWTH AND DEVELOPMENT OF FEMALE ATHLETES, AS WELL AS FOSTERING LEADERSHIP AND COMPETITION. THE CORPORATION IS A NONPROFIT CORPORATION ORGANIZED FOR EXCLUSIVELY CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE IRC OF 1986, AS AMENDED.

990-EZ for the year ended August 31, 2025

Program accomplishments

  • THE TEAM PARTICIPATES IN TOURNAMENTS THAT REQUIRE SIGNIFICANT TRAVEL EXPENSE. THESE TOURNAMENTS OFFER AN OPPORTUNITY FOR THE TEAM MEMBERS TO GROW INDIVIDUALLY ON AND OFF THE COURT AS THEY EXPERIENCE ADVERSITY AND ACCOMPLISHMENT THROUGH WINS AND LOSSES, BUILD CAMARADERIE AND LEADERSHIP BY COMPETING AS A UNIT AND INDIVIDUALLY, AND ALSO PROVIDE UNLIMITED OPPORTUNITIES FOR GROWTH OF CHARACTER THROUGH OUR TIME TOGETHER AT TOURNAMENTS. NATIONAL TOURNAMENTS ALSO PROVIDE A PLATFORM FOR THE TEAM MEMBERS TO SHOWCASE THEIR ABILITY TO COLLEGE COACHES, MAKING PROGRESS TOWARD THEIR INDIVIDUAL GOALS.
    Expenses $25,258
  • PLAYING IN TOURNAMENTS IS A PRIMARY PURPOSE OF OUR ORGANIZATION. THESE TOURNAMENTS ARE STEPPING STONES FOR OUR DEVELOPMENT PROCESS WHERE WE SET INDIVIDUAL GOALS YEARLY AND REVISIT BEFORE, DURING, AND AFTER TOURNAMENTS TO TRACK THEIR PROGRESS OF THE GOALS THEY SET FOR THEMSELVES. TEAM MEMBERS LEARN FROM EVERY GAME AND WE UPDATE GOALS AS NEEDED TO GUIDE OUR DEVELOPMENT PROCESS OVERALL.
    Expenses $26,249
  • COACHES ARE THE BACKBONE OF OUR ORGANIZATION. THE LEADERSHIP, GUIDANCE, AND COACHING THEY PROVIDE TO OUR TEAM MEMBERS IS A CENTRAL PART OF OUR ORGANIZATION.
    Expenses $5,250

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990-EZ on file
2023August 31, 2024January 15, 2025990-N on file

File the 2025 990-EZ for ITL TEXAS GRASSROOTS BASKETBALL

Due January 15, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
93-2729668
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
2025
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,974
Income (IRS master file)
$105,710

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZAugust 2025$105,710$100,828$11,974XML
990-N for 2023
Officer: Tyler Smith
August 31, 2024≤ $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 93-2729668).

Questions about ITL TEXAS GRASSROOTS BASKETBALL

What is the EIN of ITL TEXAS GRASSROOTS BASKETBALL?
The employer identification number (EIN) of ITL TEXAS GRASSROOTS BASKETBALL is 93-2729668.
Is ITL TEXAS GRASSROOTS BASKETBALL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to ITL TEXAS GRASSROOTS BASKETBALL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ITL TEXAS GRASSROOTS BASKETBALL 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 ITL TEXAS GRASSROOTS BASKETBALL due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ITL TEXAS GRASSROOTS BASKETBALL last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended August 2025.
Who is the principal officer of ITL TEXAS GRASSROOTS BASKETBALL?
The 990-N for 2023 names Tyler Smith.
Who are the officers and directors of ITL TEXAS GRASSROOTS BASKETBALL?
The 990-EZ for the year ended August 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $5,250 (JOHNNY RICHARD, SECRETARY).
How much revenue does ITL TEXAS GRASSROOTS BASKETBALL have?
On its 990-EZ for the year ended August 31, 2025 it reported revenue of $105,710, expenses of $100,828 and total assets of $11,974 at year end.

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