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Nonprofit · EIN 14-1901158

LAS VEGAS SPORTS INITIATIVE

Tax-exempt · LAS VEGAS, NV 89146

Financials

$2M$1.9M2023$2M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of LAS VEGAS SPORTS INITIATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,039,061$2,306,275-$267,214$834,677$140,526$694,151
December 31, 2023990$2,040,453$1,854,360$186,093$1,087,738$140,143$947,595
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,036,124
Investment income
$2,937
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$55,200
Other salaries and wages
$322,100
Salaries, compensation and benefits (total)
$408,215
Professional fundraising fees
$0
Accounting fees
$7,695
Travel
$32,374
Depreciation
$12,188
Program services (functional)
$2,306,275

Balance sheet and other

Total assets, start of year
$1,087,738
Total assets, end of year
$834,677
Total liabilities, end of year
$140,526
Net assets, end of year
$694,151
Gross receipts
$2,039,061
Employees
0
Year formed
2005
State of legal domicile
NV

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
SAEED BONABIANPRESIDENT
Trustee or director, Officer
40$55,200
JOHN WITUCKIDIRECTOR
Trustee or director
4$0
MICHAEL COOKLITREASURER
Officer
4$0
MICHAEL SPEDALSECRETARY
Officer
10$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
SAEED BONABIANPRESIDENT
Trustee or director, Officer
40$60,300
MICHAEL SPEDALSECRETARY
Officer
10$18,000
JOHN WITUCKIDIRECTOR
Trustee or director
4$0
MICHAEL COOKLITREASURER
Officer
4$0

Address and contacts

Address (IRS master file)
6584 PALMYRA AVE, LAS VEGAS, NV 89146-6537
Principal officer (990 for 2024)
SAEED BONABIAN, 6584 PALMYRA AVE, LAS VEGAS, NV 89146
Signed the 990
SAEED BONABIAN, TREASURER
Phone
(702) 373-5329
Return prepared by
KLUMBACH & ASSOCIATES

Mission

SOCCER INSTRUCTION TO YOUTHS THROUGH TOURNAMENT PLAY AS WELL AS SOCCER CLINICS

990 for the year ended December 31, 2024

Program accomplishments

  • ORGANIZATION PROVIDES PLACES AND TIMES FOR THE INSTRUCTION AND PLAY OF
    Expenses $2,294,087 · revenue $2,036,124

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
14-1901158
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
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$834,677
Income (IRS master file)
$2,039,061

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,039,061$2,306,275$834,677XML
990December 2023$2,040,453$1,854,360$1,087,738XML
990December 2022$1,865,179$1,640,277$915,452IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

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 14-1901158).

Questions about LAS VEGAS SPORTS INITIATIVE

What is the EIN of LAS VEGAS SPORTS INITIATIVE?
The employer identification number (EIN) of LAS VEGAS SPORTS INITIATIVE is 14-1901158.
Is LAS VEGAS SPORTS INITIATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to LAS VEGAS SPORTS INITIATIVE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAS VEGAS SPORTS INITIATIVE 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 LAS VEGAS SPORTS INITIATIVE 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 LAS VEGAS SPORTS INITIATIVE 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 LAS VEGAS SPORTS INITIATIVE?
The 990 for the year ended December 31, 2024 names SAEED BONABIAN.
Who are the officers and directors of LAS VEGAS SPORTS INITIATIVE?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $55,200 (SAEED BONABIAN, PRESIDENT).
How much revenue does LAS VEGAS SPORTS INITIATIVE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,039,061, expenses of $2,306,275 and total assets of $834,677 at year end.

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