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Nonprofit · EIN 26-2142375

MICHIGANS CAPITAL AREA BASKETBALL CLUB

Also known as MCAB

Tax-exempt · EAST LANSING, MI 48823

Financials

$256K$252K2023$242K$249K2024
Revenue Expenses · by fiscal year end
Financials of MICHIGANS CAPITAL AREA BASKETBALL CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$242,305$248,614-$6,309$63,250$0$63,250
December 31, 2023990$255,959$252,054$3,905$69,559$0$69,559
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$232,757
Investment income
$0
Net income from gaming
$9,548
Other revenue
$9,548

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$25,000
Salaries, compensation and benefits (total)
$25,000
Professional fundraising fees
$0
Travel
$8,486
Program services (functional)
$248,614

Balance sheet and other

Total assets, start of year
$69,559
Total assets, end of year
$63,250
Total liabilities, end of year
$0
Net assets, end of year
$63,250
Gross receipts
$386,807
Employees
0
Volunteers
24
Year formed
2010
State of legal domicile
MI

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
Montgomery MylesPresident
Officer
25$25,000
Krista MylesVice President
Officer
1$0
Catherine Cross–
Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MONTGOMERY MYLESPRESIDENT
Officer
25$16,000
KRISTA MYLESVICE PRESIDENT
Officer
1$5,000
CATHERINE CROSSSECRETARY/TREASURER
Officer
1$0

Address and contacts

Address (IRS master file)
2187 ROLLING BROOK LN, EAST LANSING, MI 48823-1323
In care of
% MONTGOMERY MYLES
Mailing address (990-N for 2009)
2187 Rolling Brook Ln, East Lansing MI 48823
Principal officer (990-N for 2009)
Montgomery Myles, 2187 Rolling Brook Ln, East Lansing MI 48823
Signed the 990
MONTGOMERY MYLES, PRESIDENT
Phone
(517) 719-8630
Return prepared by
Waggoner Group Inc

Mission

THE PRIMARY MISSION IS TO TEACH YOUNG PEOPLE TO PLAY BASKETBALL AT A COMPETITION LEVEL THROUGH TRAINING, VOLUNTEER COACHING AND PARTICIPATION IN TEAM PLAY AND TOURNAMENTS. THE ORGANIZATION GIVES YOUNG PEOPLE A FIRM FOUNDATION IN INDIVIDUAL BASKETBALL SKILLS

990 for the year ended December 31, 2024

Program accomplishments

  • WE HAVE ESTABLISHED 14 BASKETBALL TEAMS RANGING FROM AGES 7-17. THEY COMPETE NATIONALLY.
    Expenses $248,614 · revenue $242,305

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
26-2142375
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
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$63,250
Income (IRS master file)
$386,807

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$242,305$248,614$63,250IRS
990December 2023$255,959$252,054$69,559XML
990December 2022$234,584$215,696$65,654IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2009
Officer: Montgomery Myles
December 31, 2009≤ $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 26-2142375).

Questions about MICHIGANS CAPITAL AREA BASKETBALL CLUB

What is the EIN of MICHIGANS CAPITAL AREA BASKETBALL CLUB?
The employer identification number (EIN) of MICHIGANS CAPITAL AREA BASKETBALL CLUB is 26-2142375.
Is MICHIGANS CAPITAL AREA BASKETBALL CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to MICHIGANS CAPITAL AREA BASKETBALL CLUB tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MICHIGANS CAPITAL AREA BASKETBALL CLUB 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 MICHIGANS CAPITAL AREA BASKETBALL CLUB 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 MICHIGANS CAPITAL AREA BASKETBALL CLUB 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 MICHIGANS CAPITAL AREA BASKETBALL CLUB?
The 990-N for 2009 names Montgomery Myles.
Who are the officers and directors of MICHIGANS CAPITAL AREA BASKETBALL CLUB?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $25,000 (Montgomery Myles, President).
How much revenue does MICHIGANS CAPITAL AREA BASKETBALL CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $242,305, expenses of $248,614 and total assets of $63,250 at year end.

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