Nonprofit · EIN 80-0158331
LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION
Also known as Lakeville North Boys Basketball
Tax-exempt · LAKEVILLE, MN 55044
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $418,537 | $438,500 | -$19,963 | $266,878 | $49,761 | $217,117 |
| May 31, 2024 | 990 | $402,974 | $349,353 | $53,621 | $301,274 | $64,194 | $237,080 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $50
- Program service revenue
- $408,335
- Investment income
- $46
- Net income from gaming
- $10,106
- Other revenue
- $10,106
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $26
- Accounting fees
- $1,500
- Occupancy
- $55,230
- Program services (functional)
- $425,849
- Management and general (functional)
- $12,651
Balance sheet and other
- Total assets, start of year
- $301,274
- Total assets, end of year
- $266,878
- Total liabilities, end of year
- $49,761
- Net assets, end of year
- $217,117
- Gross receipts
- $434,773
- Employees
- 0
- Volunteers
- 75
- Year formed
- 2011
- State of legal domicile
- MN
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Oxton | Head Coach Trustee or director | 8 | $0 |
| Chris Knight | Travel Director Trustee or director | 8 | $0 |
| Mike Strong | Equipment Dir. Trustee or director | 8 | $0 |
| Stephanie Paulson | In House Coord Trustee or director | 8 | $0 |
| Don Boomsma | In House Coord Trustee or director | 8 | $0 |
| Chris Stanley | Tournament Dir Trustee or director | 8 | $0 |
| Neal Olson | President Officer | 8 | $0 |
| Cindy Mulcahy | Treasurer Officer | 8 | $0 |
| Quentin Allen | In House Coordi Officer | 8 | $0 |
| Mandy Olson | Secretary Officer | 8 | $0 |
990 for the year ended May 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Oxton | Head Coach Trustee or director | 8 | $0 |
| Chris Knight | Travel Director Trustee or director | 8 | $0 |
| Mike Strong | Equipment Dir. Trustee or director | 8 | $0 |
| Stephanie Paulson | In House Coord Trustee or director | 8 | $0 |
| Brent Stoner | IN House Coord Trustee or director | 8 | $0 |
| Chris Stanley | Tournament Dir Trustee or director | 8 | $0 |
| Neal Olson | President Officer | 8 | $0 |
| Cindy Mulcahy | Treasurer Officer | 8 | $0 |
| Jill Mortenson | Secretary Officer | 8 | $0 |
Address and contacts
- Address (IRS master file)
- 16376 HYLAND AVE, LAKEVILLE, MN 55044-7736
- Mailing address (990-N for 2011)
- 9043 163 Rd St West, Lakeville MN 55044
- Principal officer (990-N for 2011)
- Don Hunter, 9043 163 Rd St West, Lakeville MN 55044
- Signed the 990
- Cindy Mulcahy, Treasurer
- Phone
- (651) 485-6308
- Return prepared by
- FOREMAN & AIRHART
Mission
Organizing, advising, mentoring young men of Lakeville North High School through the sport example of the board members and volunteers shown in the organizing and encouragement provided in the course of basketball.
Program accomplishments
- The volunteer activities of the board further the exempt purpose through teaching and conduct example of the board members and volunteers shown in the organizing and encouragement provided in the course of basketballExpenses $425,849 · revenue $434,726
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 80-0158331
- 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
- 2013
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $266,878
- Income (IRS master file)
- $434,773
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $418,537 | $438,500 | $266,878 | XML |
| 990 | May 2024 | $402,974 | $349,353 | $301,274 | XML |
| 990 | May 2023 | $390,984 | $382,885 | $245,914 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990-EZ | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990-N for 2011 Officer: Don Hunter | May 31, 2012 | ≤ $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 80-0158331).
Questions about LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION
- What is the EIN of LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION?
- The employer identification number (EIN) of LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION is 80-0158331.
- Is LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION 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 LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION?
- The 990-N for 2011 names Don Hunter.
- Who are the officers and directors of LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION?
- The 990 for the year ended May 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does LAKEVILLE NORTH BOYS BASKETBALL ASSOCIATION have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $418,537, expenses of $438,500 and total assets of $266,878 at year end.
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