Nonprofit · EIN 99-2823079
THRIVESPHERE ATHLETICS FOUNDATION
Tax-exempt · MILPITAS, CA 95035
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $393,173 | $147,698 | $245,475 | $245,475 | $0 | $245,475 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,683
- Program service revenue
- $389,490
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $120
- Travel
- $3,218
- Program services (functional)
- $143,673
- Management and general (functional)
- $4,025
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $245,475
- Total liabilities, end of year
- $0
- Net assets, end of year
- $245,475
- Net assets without donor restrictions
- $245,475
- Gross receipts
- $393,173
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2024
- State of legal domicile
- CA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENECIA TAOUFIK | DirectorSecretary Trustee or director | 40 | $0 |
| STUART HEMINGWAY | Director Trustee or director | 0.5 | $0 |
| ISMAIL JORIO | Treasurer Trustee or director, Officer | 0.5 | $0 |
| MOHAMMAD TAOUFIK | President Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 14 POND CT, MILPITAS, CA 95035-4352
- In care of
- % MOHAMMED TAOUFIK
- Principal officer (990 for 2024)
- Mohammed Taoufik, 14 Pond Ct, Milpitas, CA 95035
- Signed the 990
- MOHAMMED TAOUFIK, President
- Phone
- (510) 325-7214
- Return prepared by
- Deborah Fox Gibbs
California records
California keeps its own records of charities and corporations. Search them by EIN 99-2823079 or by the name THRIVESPHERE ATHLETICS FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
ThriveSphere Athletics Foundation empowers youth through sports by providing access to athletic programs, mentorship and scholarships.
Program accomplishments
- 2024 marked ThriveSphere Athletics Foundations inaugural year with our first official program commencing in July 2024. In this short time we successfully launched our flagship program, the NorStar Volleyball, which provides structured training, coaching, and competitive opportunities for youth athletes. We fielded 4 competitive teams with a total of 51 athletes and offered training sessions serving youth ages 12-17. These programs focused on building athletic skills, teamwork, resilience, and leadership, laying the foundation for long- term athlete development and growth of the NorStar program for future seasons.
- Scholarships and Financial Assistance - To ensure equitable access to sports, ThriveSphere provided direct financial support to families with demonstrated need. In 2024, we awarded $8800 in scholarships to help athletes participate fully in our programs by covering club dues and related expenses. In addition, we offered free clinics and lessons valued at $6280 to athletes who otherwise would not have been able to afford specialized training. These efforts reflect our mission to remove financial barriers so that all youth, regardless of background can access high-quality athletic opportunities.
- Community Outreach and Impact - Our commitment to community impact extended beyond the volleyball court. In 2024, we donated volleyball equipment to local schools, helping them strengthen their sports programs and provide more students with access to physical activity and team play. We also coordinated a holiday toy drive that collected and donated 164 toys (estimated value $4000) to Child Advocates of Silicon Valley, serving children in foster care. These outreach initiatives demonstrate ThriveSpheres holistic approach: not only developing athletes but also fostering a sense of community, service, and responsibility among the youth and families we serve.
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-2823079
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N40)
- Assets (IRS master file)
- $245,475
- Income (IRS master file)
- $393,173
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $393,173 | $147,698 | $245,475 | 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 99-2823079).
Questions about THRIVESPHERE ATHLETICS FOUNDATION
- What is the EIN of THRIVESPHERE ATHLETICS FOUNDATION?
- The employer identification number (EIN) of THRIVESPHERE ATHLETICS FOUNDATION is 99-2823079.
- Is THRIVESPHERE ATHLETICS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to THRIVESPHERE ATHLETICS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THRIVESPHERE ATHLETICS FOUNDATION 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 THRIVESPHERE ATHLETICS FOUNDATION 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 THRIVESPHERE ATHLETICS FOUNDATION 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 THRIVESPHERE ATHLETICS FOUNDATION?
- The 990 for the year ended December 31, 2024 names Mohammed Taoufik.
- Who are the officers and directors of THRIVESPHERE ATHLETICS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does THRIVESPHERE ATHLETICS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $393,173, expenses of $147,698 and total assets of $245,475 at year end.
Other nonprofits in MILPITAS
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- CENTRAL VALLEY COMMUNITY COLLEGE ATHLETIC CONFERENCE OF CALIFORNIA EIN 68-0400146 · last filed 990 for 2025
- MILPITAS YOUTH SOCCER LEAGUE EIN 71-0942423 · last filed 990 for 2025
- MILPITAS POLICE ACTIVITIES LEAGUE INC EIN 77-0408354 · last filed 990 for 2025
- US-CHINA CULTURAL DEVELOPMENT CENTER EIN 45-2380583 · last filed 990-N for 2025
- MILPITAS PICKLEBALL CLUB EIN 92-3239055 · last filed 990-N for 2025
- SUNNYVALE BADMINTON CLUB EIN 82-5475211 · last filed 990-N for 2025
- NORTH AMERICA CHINESE OUTDOOR GROUP EIN 47-2000433 · last filed 990-N for 2025
All nonprofits in MILPITAS · California · Recreation and sports