Skip to main content

Nonprofit · EIN 27-1070248

SOUTH FLORIDA YOUTH BASKETBALL INC

Tax-exempt (reinstated) · FORT LAUDERDALE, FL 33322

Financials

$372K$356K2023
Revenue Expenses · by fiscal year end
Financials of SOUTH FLORIDA YOUTH BASKETBALL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$372,351$356,288$16,063$194,962$1,169$193,793
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$372,350
Investment income
$1
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$45
Accounting fees
$2,200
Occupancy
$50,851
Travel
$25,371
Program services (functional)
$356,288

Balance sheet and other

Total assets, start of year
$178,899
Total assets, end of year
$194,962
Total liabilities, end of year
$1,169
Net assets, end of year
$193,793
Net assets without donor restrictions
$193,793
Gross unrelated business income
$1
Gross receipts
$372,351
Employees
0
Year formed
2009
State of legal domicile
FL

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
EUGENE SNELLPRESIDENT
Officer
30$0

Address and contacts

Address (IRS master file)
1830 N UNIVERSITY DRIVE STE 199, FORT LAUDERDALE, FL 33322-4114
Principal officer (990 for 2023)
EUGENE SNELL
Signed the 990
EUGENE SNELL, PRESIDENT
Return prepared by
EZ TAX SOLUTIONS INC

Mission

TO ASSIST YOUNG PEOPLE IN THEIR DEVELOPMENT OF KNOWLEDGE, SKILLS, AND LOVE FOR THE GAME OF BASKETBALL

990 for the year ended December 31, 2023

Program accomplishments

  • COSTS OF MAINTAINING PROGRAMS
    Expenses $356,288

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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-1070248
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$194,962
Income (IRS master file)
$372,351

Revocation and reinstatement

Exemption revoked
May 15, 2016
Posted by the IRS
October 10, 2016
Reinstated
Effective May 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$372,351$356,288$194,962XML
990December 2022$238,057$214,294$178,899IRS
990December 2021$238,056$214,294$114,862IRS
990December 2020–––IRS
990December 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 27-1070248).

Questions about SOUTH FLORIDA YOUTH BASKETBALL INC

What is the EIN of SOUTH FLORIDA YOUTH BASKETBALL INC?
The employer identification number (EIN) of SOUTH FLORIDA YOUTH BASKETBALL INC is 27-1070248.
Is SOUTH FLORIDA YOUTH BASKETBALL INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
Are donations to SOUTH FLORIDA YOUTH BASKETBALL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTH FLORIDA YOUTH BASKETBALL INC 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 SOUTH FLORIDA YOUTH BASKETBALL INC 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 SOUTH FLORIDA YOUTH BASKETBALL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of SOUTH FLORIDA YOUTH BASKETBALL INC?
The 990 for the year ended December 31, 2023 names EUGENE SNELL.
Who are the officers and directors of SOUTH FLORIDA YOUTH BASKETBALL INC?
The 990 for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
How much revenue does SOUTH FLORIDA YOUTH BASKETBALL INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $372,351, expenses of $356,288 and total assets of $194,962 at year end.

Other nonprofits in FORT LAUDERDALE

All nonprofits in FORT LAUDERDALE · Florida · Recreation and sports