Nonprofit · EIN 14-1901158
LAS VEGAS SPORTS INITIATIVE
Tax-exempt · LAS VEGAS, NV 89146
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,039,061 | $2,306,275 | -$267,214 | $834,677 | $140,526 | $694,151 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAEED BONABIAN | PRESIDENT Trustee or director, Officer | 40 | $55,200 |
| JOHN WITUCKI | DIRECTOR Trustee or director | 4 | $0 |
| MICHAEL COOKLI | TREASURER Officer | 4 | $0 |
| MICHAEL SPEDAL | SECRETARY Officer | 10 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAEED BONABIAN | PRESIDENT Trustee or director, Officer | 40 | $60,300 |
| MICHAEL SPEDAL | SECRETARY Officer | 10 | $18,000 |
| JOHN WITUCKI | DIRECTOR Trustee or director | 4 | $0 |
| MICHAEL COOKLI | TREASURER 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
Program accomplishments
- ORGANIZATION PROVIDES PLACES AND TIMES FOR THE INSTRUCTION AND PLAY OFExpenses $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 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 | 990 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
- Category (NTEE)
- Recreation and sports (N64)
- Assets (IRS master file)
- $834,677
- Income (IRS master file)
- $2,039,061
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,039,061 | $2,306,275 | $834,677 | XML |
| 990 | December 2023 | $2,040,453 | $1,854,360 | $1,087,738 | XML |
| 990 | December 2022 | $1,865,179 | $1,640,277 | $915,452 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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.
Other nonprofits in LAS VEGAS
- LAS VEGAS SOCCER ASSOCIATION EIN 26-2733601 · last filed 990 for 2025
- GREATER LAS VEGAS INNER-CITY GAMES EIN 88-0348811 · last filed 990 for 2025
- DOWNTOWN LAS VEGAS SOCCER CLUB EIN 20-2683627 · last filed 990 for 2025
- SPECIAL OLYMPICS NEVADA INC EIN 93-2574727 · last filed 990 for 2024
- VEGAS JR GOLDEN KNIGHTS FOUNDATION INC EIN 82-1502249 · last filed 990 for 2025
- LGKM EIN 81-3883584 · last filed 990 for 2025
- NEVADA STARS INC EIN 26-0492092 · last filed 990 for 2025
- VEGAS ELITE BASKETBALL CLUB EIN 87-0814370 · last filed 990 for 2025
All nonprofits in LAS VEGAS · Nevada · Recreation and sports