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Nonprofit · EIN 33-5004207

INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT INC

Tax-exempt · BLOOMINGTON, IN 47404

Financials

$113K$30K2025
Revenue Expenses · by fiscal year end
Financials of INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$113,293$30,446$82,847$82,847$0$82,847
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$113,293
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$23,846
Salaries, compensation and benefits (total)
$25,671
Professional fees and payments to contractors
$4,775
Program services (functional)
$30,446

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$82,847
Total liabilities, end of year
$0
Net assets, end of year
$82,847
Cash, savings and investments
$82,847
Gross receipts
$113,293

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JORDAN BASYEVP, SECRETARY & TREASURER1$11,923
JOHN T HARRISPRESIDENT1$11,923
PETER YONKMANBOARD MEMBER1$0
JOHN EASYEBOARD MEMBER1$0

Address and contacts

Address (IRS master file)
642 N MADISON STE 116, BLOOMINGTON, IN 47404-4095
Signed the 990-EZ
JORDAN BASYE, VP, SECRETARY, TREASURER
Return prepared by
FORVIS MAZARS LLP

Mission

INDIANA ELITE BASKETBALL EXISTS TO DEVELOP PLAYERS TO THEIR FULLEST POTENTIAL THROUGH A CLEAR PATHWAY FROM YOUTH TRAVEL TEAMS TO THE HIGHEST LEVELS OF NATIONAL COMPETITION. OUR MISSION IS TO COMBINE INDIVIDUAL SKILL GROWTH WITH TRUE TEAM BASKETBALL, PREPARING ATHLETES TO SUCCEED IN HIGH SCHOOL, COLLEGE, AND BEYOND.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • INDIANA ELITE BASKETBALL OPERATED COMPETITIVE YOUTH TRAVEL BASKETBALL TEAMS THAT PROVIDED ATHLETES WITH REGULAR PRACTICES, PROFESSIONAL COACHING, AND PARTICIPATION IN REGIONAL AND NATIONAL TOURNAMENTS. THE PROGRAM FOCUSED ON INDIVIDUAL SKILL DEVELOPMENT, TEAMWORK, SPORTSMANSHIP, AND PREPARATION FOR ADVANCEMENT TO HIGHER LEVELS OF COMPETITION, INCLUDING HIGH SCHOOL AND COLLEGIATE BASKETBALL.
    Expenses $30,446

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
33-5004207
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$113,293$30,446$82,847XML

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 33-5004207).

Questions about INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT INC

What is the EIN of INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT INC?
The employer identification number (EIN) of INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT INC is 33-5004207.
Is INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT 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 INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT INC?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 2 received compensation from the organization, the highest $11,923 (JORDAN BASYE, VP, SECRETARY & TREASURER).
How much revenue does INDIANA ELITE BASKETBALL YOUTH DEVELOPMENT INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $113,293, expenses of $30,446 and total assets of $82,847 at year end.

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