Nonprofit · EIN 82-5363546
LOUDOUN FLIGHT BASKETBALL ACADEMY
Also known as LOUDOUN FLIGHT
Tax-exempt · WATERFORD, VA 20197
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $113,944 | $112,409 | $1,535 | $22,293 | $0 | $22,293 |
| December 31, 2023 | 990-EZ | $124,609 | $122,776 | $1,833 | $20,758 | $0 | $20,758 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $20
- Membership dues
- $87,330
- Program service revenue
- $5,207
- Investment income
- $0
- Net gain from sales of assets
- $21,356
- Other revenue
- $31
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $7,085
- Occupancy
- $8,274
- Printing, publications and postage
- $137
- Other expenses
- $96,913
Balance sheet and other
- Total assets, start of year
- $20,758
- Total assets, end of year
- $22,293
- Total liabilities, end of year
- $0
- Net assets, end of year
- $22,293
- Cash, savings and investments
- $22,293
- Gross receipts
- $113,944
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deeanne Fagan | Director | 30 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deeanne Fagan | Director | 30 | $0 |
Address and contacts
- Address (IRS master file)
- 14775 CREEK LN, WATERFORD, VA 20197-1422
- In care of
- % DEEANNE FAGAN
- Mailing address (990-N for 2021)
- 14775 Creek Ln, Waterford VA 20197
- Principal officer (990-N for 2021)
- Deeanne Fagan, 14775 Creek Ln, Waterford VA 20197
- Signed the 990-EZ
- Deeanne Fagan, 0
- Phone
- (000) 000-0000
- Website
- www.loudounflight.org
Mission
Promoting healthy lifestyle of youth and leadership skills by offering young females the opportunity to learn the fundamental skills of basketball while instilling life lessons and values such as character teamwork discipline respect and sportsmanship
Program accomplishments
- 0
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-5363546
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $22,293
- Income (IRS master file)
- $113,944
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $113,944 | $112,409 | $22,293 | XML |
| 990-EZ | December 2023 | $124,609 | $122,776 | $20,758 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Deeanne Fagan | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Deeanne Fagan | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Deeanne Fagan | December 31, 2019 | ≤ $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 82-5363546).
Questions about LOUDOUN FLIGHT BASKETBALL ACADEMY
- What is the EIN of LOUDOUN FLIGHT BASKETBALL ACADEMY?
- The employer identification number (EIN) of LOUDOUN FLIGHT BASKETBALL ACADEMY is 82-5363546.
- Is LOUDOUN FLIGHT BASKETBALL ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to LOUDOUN FLIGHT BASKETBALL ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOUDOUN FLIGHT BASKETBALL ACADEMY 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 LOUDOUN FLIGHT BASKETBALL ACADEMY 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 LOUDOUN FLIGHT BASKETBALL ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of LOUDOUN FLIGHT BASKETBALL ACADEMY?
- The 990-N for 2021 names Deeanne Fagan.
- Who are the officers and directors of LOUDOUN FLIGHT BASKETBALL ACADEMY?
- The 990-EZ for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does LOUDOUN FLIGHT BASKETBALL ACADEMY have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $113,944, expenses of $112,409 and total assets of $22,293 at year end.
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