Nonprofit · EIN 99-0934209
AB ELITE
Tax-exempt · DESOTO, TX 75115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $132,777 | $124,925 | $7,852 | $7,852 | $0 | $7,852 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $132,368
- Other revenue
- $409
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $32,684
- Occupancy
- $244
- Printing, publications and postage
- $128
- Other expenses
- $91,869
- Program services (functional)
- $99,940
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $7,852
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,852
- Cash, savings and investments
- $7,852
- Gross receipts
- $133,735
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 |
|---|---|---|---|
| JENNIFER BLACK | DIRECTOR | 40 | $0 |
| BILL CAVALLE | DIRECTOR | 1 | $0 |
| ANTHONY BLACK | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1204 WHISPERING OAKS DR, DESOTO, TX 75115-7409
- Signed the 990-EZ
- JENNIFER BLACK, DIRECTOR
- Phone
- (817) 566-4647
- Website
- WWW.ABELITEHOOPS.COM
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
TO HELP ENCOURAGE, INSPIRE, AND DEVELOP YOUNG BASKETBALL PLAYERS TO REACH THEIR FULL POTENTIAL, BOTH ON AND OFF THE BASKETBALL COURT. BY USING THE GAME OF BASKETBALL, WE WILL INSTILL LIFE LESSONS SUCH AS CHARACTER, TEAMWORK, DISCIPLINE, AND SPORTSMANSHIP. WITH THESE GOALS WE HOPE TO CREATE GREAT STUDENT-ATHLETES WHO WILL EVENTUALLY BECOME LEADERS OF THEIR COMMUNITY AND OUR COUNTRY.
Program accomplishments
- AT AB ELITE, IT MEANS MORE - HOW CAN A SPORT BECOME ABOUT MORE THAN JUST A BALL? WHEN IT CREATES A TEAM THAT BECOMES FAMILY. WHEN THIS FAMILY TAKES YOU TO NEW PLACES TO EXPERIENCE NEW CULTURES AND WAYS OF LIFE. IT ALLOWS ACCESS TO THE BEST TRAINERS AND COACHES AND THE POTENTIAL FOR ALL FORMS OF HIGHER EDUCATION. A SPORT BECOMES MORE THAN JUST A BALL WHEN IT MAKES YOU A BETTER YOU. AT AB ELITE, A BALL IS JUST MORE.Expenses $99,940
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
- 99-0934209
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N60)
- Assets (IRS master file)
- $7,852
- Income (IRS master file)
- $133,735
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $132,777 | $124,925 | $7,852 | XML |
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 99-0934209).
Questions about AB ELITE
- What is the EIN of AB ELITE?
- The employer identification number (EIN) of AB ELITE is 99-0934209.
- Is AB ELITE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to AB ELITE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AB ELITE 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 AB ELITE 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 AB ELITE 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 AB ELITE?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does AB ELITE have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $132,777, expenses of $124,925 and total assets of $7,852 at year end.
Other nonprofits in DESOTO
- DESOTO SOCCER ASSOCIATION EIN 20-1437617 · last filed 990-EZ for 2025
- A-GAME ATHLETES INC EIN 27-3479884 · last filed 990-EZ for 2025
- THE SENATE LADIES CLUB EIN 26-3766198 · last filed 990-EZ for 2025
- DEVELOP EMPOWER MOTIVATE INC EIN 81-1750830 · last filed 990-PF for 2025
- TRIPLE D BUCKEYES INC EIN 88-1983865 · last filed 990-N for 2025
- METROPLEX ATHLETIC CLUB SPORTS EIN 83-2571258 · last filed 990-N for 2024
- DESOTO AMATEUR SPORTS AUTHORITY - SOFTBALL EIN 46-1830667 · last filed 990-N for 2025
- DIAMOND DOLLS SOFTBALL CLUB EIN 20-4782820 · last filed 990-N for 2025