Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 47-4870824

NEXT BASKETBALL FOUNDATION

Tax-exempt · POWELL, OH 43065

Financials

$64K$58K2022$20K$54K2023$74K$40K2024
Revenue Expenses · by fiscal year end
Financials of NEXT BASKETBALL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990-EZ$73,817$40,103$33,714$7,786$1,509$6,277
July 31, 2024990-EZ$19,573$53,527-$33,954$0$27,437-$27,437
July 31, 2023990-EZ$63,974$58,338$5,636$8,026$1,509$6,517
Financial details: 990-EZ for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$21,649
Program service revenue
$52,168

Expenses

Compensation of officers, directors and key employees
$32,495
Salaries, compensation and benefits (total)
$17,970
Professional fees and payments to contractors
$1,166
Occupancy
$360
Other expenses
$20,607
Program services (functional)
$36,337

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$7,786
Total liabilities, end of year
$1,509
Net assets, end of year
$6,277
Cash, savings and investments
$7,786
Gross receipts
$73,817

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHAWN BAILEYCO-FOUNDER15$32,495
TONY DIBLASIBOARD MEMBER1$0
BOB GHILONIBOARD MEMBER1$0
JIMMY ONATE PHDBOARD MEMBER1$0
SABRA KERSHAWBOARD MEMBER1$0
JOHN FEASELBOARD MEMBER1$0
GREG WOLFSONPRESIDENT1$0
NEETA AGRAWALVICE PRESIDENT1$0
WENDY MIKOLATREASURER1$0
990-EZ for the year ended July 31, 2024: 9 people
NameTitleHours / weekCompensation
SHAWN BAILEYCO-FOUNDER15$18,832
TONY DIBLASIBOARD MEMBER1$0
BOB GHILONIBOARD MEMBER1$0
JIMMY ONATE PHDBOARD MEMBER1$0
SABRA KERSHAWBOARD MEMBER1$0
JOHN FEASELBOARD MEMBER1$0
GREG WOLFSONPRESIDENT1$0
NEETA AGRAWALVICE PRESIDENT1$0
WENDY MIKOLATREASURER1$0
990-EZ for the year ended July 31, 2023: 9 people
NameTitleHours / weekCompensation
SHAWN BAILEYPRESIDENT AND CEO15$50,267
GREG WOLFSONCHAIR1$0
NEETA AGRAWALVICE CHAIR1$0
WENDY MIKOLATREASURER1$0
TONY DIBLASIBOARD MEMBER1$0
ROBERT GHILONIBOARD MEMBER1$0
JIMMY ONATE PHDBOARD MEMBER1$0
SABRA KERSHAWBOARD MEMBER1$0
JOHN FEASELBOARD MEMBER1$0

Address and contacts

Address (IRS master file)
2920 JAMESTOWN DR 1800, POWELL, OH 43065-9190
Signed the 990-EZ
SHAWN BAILEY, PRESIDENT & CEO
Phone
(614) 224-8446
Return prepared by
CLARK SCHAEFER HACKETT & CO

Mission

ENABLING TODAY'S YOUTH ATHLETES TO BE TOMORROW'S COMMUNITY LEADERS BY REDEFINING THE GOALS OF YOUTH SPORTS.

990-EZ for the year ended July 31, 2025

Program accomplishments

  • LEAGUES & TOURNAMENTS: WINTER LEAGUE, SPRING TOURNAMENTS, SUMMER SESSION, & NEXT BASKETBALL LEAGUE
    Expenses $23,127
  • PRIVATE TRAINING
    Expenses $13,210

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990-EZ on file
2023July 31, 2024December 16, 2024990-EZ on file

File the 2025 990-EZ for NEXT BASKETBALL FOUNDATION

Due December 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
47-4870824
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
2015
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,786
Income (IRS master file)
$73,817

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJuly 2025$73,817$40,103$7,786XML
990-EZJuly 2024$19,573$53,527$0XML
990-EZJuly 2023$63,974$58,338$8,026XML
990-EZJuly 2022–––IRS
990-EZJuly 2021–––IRS
990-EZJuly 2020–––IRS
990-EZJuly 2019–––IRS
990-EZJuly 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 47-4870824).

Questions about NEXT BASKETBALL FOUNDATION

What is the EIN of NEXT BASKETBALL FOUNDATION?
The employer identification number (EIN) of NEXT BASKETBALL FOUNDATION is 47-4870824.
Is NEXT BASKETBALL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to NEXT BASKETBALL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEXT BASKETBALL FOUNDATION 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 NEXT BASKETBALL FOUNDATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEXT BASKETBALL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended July 2025.
Who are the officers and directors of NEXT BASKETBALL FOUNDATION?
The 990-EZ for the year ended July 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $32,495 (SHAWN BAILEY, CO-FOUNDER).
How much revenue does NEXT BASKETBALL FOUNDATION have?
On its 990-EZ for the year ended July 31, 2025 it reported revenue of $73,817, expenses of $40,103 and total assets of $7,786 at year end.

Other nonprofits in POWELL

All nonprofits in POWELL · Ohio · Recreation and sports