Nonprofit · EIN 26-4364084
COLORADO TITANS BASKETBALL CLUB
Tax-exempt · ERIE, CO 80516
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $949,581 | $940,978 | $8,603 | $30,903 | $0 | $30,903 |
| December 31, 2023 | 990 | $884,109 | $948,125 | -$64,016 | $22,300 | $0 | $22,300 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,690
- Program service revenue
- $943,891
- 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
- $23,500
- Travel
- $398,645
- Depreciation
- $33
- Program services (functional)
- $917,478
- Management and general (functional)
- $23,500
Balance sheet and other
- Total assets, start of year
- $22,300
- Total assets, end of year
- $30,903
- Total liabilities, end of year
- $0
- Net assets, end of year
- $30,903
- Net assets without donor restrictions
- $30,903
- Gross receipts
- $949,581
- Employees
- 0
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 |
|---|---|---|---|
| RICH CRIST | VICE CHAIR Trustee or director, Officer | – | $0 |
| RICK JIMENEZ | CHAIR/TREASU Trustee or director, Officer | – | $0 |
| MIKE MCQUEENEY | SECRETARY Trustee or director, Officer | – | $0 |
| MARK WRAPP | BOARD MEMBER Officer | – | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK JIMENEZ | CHAIR/TREASU Trustee or director, Officer | 40 | $45,000 |
| RICH CRIST | VICE CHAIR Trustee or director, Officer | 10 | $20,000 |
| MIKE MCQUEENEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARK WRAPP | BOARD MEMBER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 67 RED OAK CT, ERIE, CO 80516-6811
- In care of
- % RICK JIMENEZ
- Principal officer (990 for 2024)
- RICK JIMENEZ, 67 RED OAK COURT, ERIE, CO 80516
- Signed the 990
- RICK JIMENEZ, CHAIR/TREASURER
- Phone
- (720) 231-0528
- Website
- WWW.COLORADOTITANS.COM
- Return prepared by
- BACHMAN & COMPANY CPA PC
Mission
TO PROVIDE YOUNG PEOPLE THE OPPORTUNITY TO LEARN THE GAME OF BASKETBALL AND HAVE AN OPPORTUNITY TO PARTICIPATE ON COMPETITIVE BASKETBALL TEAMS.
Program accomplishments
- COLORADO TITANS PROGRAM SERVICES AND REVENUE SOURCES THE COLORADO TITANS BASKETBALL CLUB CELEBRATED IT'S 19TH YEAR OF EXISTENCE IN 2024 AND 15TH AS A 501(C)(3) NON-PROFIT CORPORATION. DURING 2024 OVER 300 BOYS AND GIRLS, AGES 11 TO 18, PARTICIPATED ON A MINIMUM OF 30 TEAMS COMPRISED OF 9-10 PLAYERS PER TEAM. ALL PLAYERS ARE REQUIRED TO ATTEND TRYOUTS FOR EACH TEAM TO DETERMINE THE SKILL LEVEL FOR PLACEMENT ON A TEAM THAT BEST FITS THAT PLAYER'S TALENT LEVEL. IT IS VERY IMPORTANT FOR PLAYER DEVELOPMENT TO BE PLACED ON A TEAM THAT NUTURES A PLAYERS SKILLS. ALL TEAMS PARTICIPATE IN LOCAL, WEEKLY LEAGUE GAMES AND TOURNAMENTS. A NUMBER OF OLDER TALENTED TEAMS TRAVEL OUT OF COLORADO TO HIGH PROFILE TOURNAMENTS FREQUENTED BY COLLEGE RECRUITING COACHES. THIS ALLOWS OUR SENIORS THE OPPORTUNITY TO MEET COACHES AND TO DISPLAY THEIR SKILLS AND TALENTS IN HOPES OF ADVANCING TO PLAY AT THE NEXT LEVEL. THE PRIMARY GOAL OF THE COLORADO TITANS PROGRAM IS TO PROVIDE AN ENVIRONMENT, FOR ALL PLAYERS, TO LEARN THE GAME OF BASKETBALL AND TO GROW AND MATURE THROUGH THE GUIDANCE OF OUR OUTSTANDING COACHING STAFF. LASTLY, THE COLORADO TITANS TAKE GREAT PRIDE IN THE FACT THAT ANNUALLY, OVER 60% OF OUR HIGH SCHOOL SENIORS COMMITT TO PLAY BALL ST THE NEXT LEVEL.Expenses $917,478 · revenue $949,581
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
- 26-4364084
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $30,903
- Income (IRS master file)
- $949,581
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $949,581 | $940,978 | $30,903 | XML |
| 990 | December 2023 | $884,109 | $948,125 | $22,300 | XML |
| 990 | December 2022 | $884,679 | $918,917 | $86,316 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 26-4364084).
Questions about COLORADO TITANS BASKETBALL CLUB
- What is the EIN of COLORADO TITANS BASKETBALL CLUB?
- The employer identification number (EIN) of COLORADO TITANS BASKETBALL CLUB is 26-4364084.
- Is COLORADO TITANS BASKETBALL CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to COLORADO TITANS BASKETBALL CLUB tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COLORADO TITANS 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 COLORADO TITANS 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 COLORADO TITANS 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 COLORADO TITANS BASKETBALL CLUB?
- The 990 for the year ended December 31, 2024 names RICK JIMENEZ.
- Who are the officers and directors of COLORADO TITANS BASKETBALL CLUB?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does COLORADO TITANS BASKETBALL CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $949,581, expenses of $940,978 and total assets of $30,903 at year end.
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