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Nonprofit · EIN 83-4683223

LA STORM YOUTH SPORTS

Tax-exempt · BURBANK, CA 91502

Financials

$391K$390K2023$443K$437K2024
Revenue Expenses · by fiscal year end
Financials of LA STORM YOUTH SPORTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$442,600$437,364$5,236$36,394$23,722$12,672
December 31, 2023990$391,343$390,476$867$31,781$24,345$7,436
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$442,600
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$250
Compensation of officers, directors and key employees
$126,525
Salaries, compensation and benefits (total)
$136,960
Professional fundraising fees
$0
Occupancy
$137,900
Travel
$5,586
Program services (functional)
$349,141
Management and general (functional)
$88,223

Balance sheet and other

Total assets, start of year
$31,781
Total assets, end of year
$36,394
Total liabilities, end of year
$23,722
Net assets, end of year
$12,672
Gross receipts
$442,600
Employees
2
Volunteers
0
Year formed
2019
State of legal domicile
CA

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
AVEDIS MELKONYANSECRETARY
Trustee or director, Officer
40$66,525
GAREN ASLANYANPRESIDENT
Trustee or director, Officer
40$60,000
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
AVEDIS MELKONYANSECRETARY
Trustee or director, Officer
40$66,150
GAREN ASLANYANPRESIDENT
Trustee or director, Officer
40$60,000

Address and contacts

Address (IRS master file)
303 N GLENOAKS BLVD STE 200, BURBANK, CA 91502-1118
Mailing address (990-N for 2020)
303 N Glenoaks Blvd STE 200, Burbank CA 91502
Principal officer (990 for 2024)
GAREN ASLANYAN, 303 N GLENOAKS BLVD 200, BURBANK, CA 91502
Principal officer (990-N for 2020)
Garen Aslanyan, 303 N Glenoaks Blvd STE 200, Burbank CA 91502
Signed the 990
GAREN ASLANYAN, PRESIDENT
Phone
(818) 355-8683
Return prepared by
EMIN MURADYAN

California records

California keeps its own records of charities and corporations. Search them by EIN 83-4683223 or by the name LA STORM YOUTH SPORTS.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

LA STORM IS A YOUTH BASKETBALL ORGANIZATION THAT IS COMMITTED IN HELPING OUR YOUTH. WE ARE DEDICATED IN DEVELOPING OUR YOUTH WITH BASKETBALL SKILLS AND TEACHING THE VALUE OF HARD WORK, TEAMWORK, SPORTSMANSHIP AND "LIFE LESSONS" THROUGH THE GAME OF BASKETBALL.

990 for the year ended December 31, 2024

Program accomplishments

  • DEVELOPING OUR YOUTH WITH BASKETBALL SKILLS AND TEACHING THE VALUE OF HARD WORK, TEAMWORK, SPORTSMANSHIP AND "LIFE LESSONS" THROUGH THE GAME OF BASKETBALL.
    Expenses $349,141 · grants $250 · revenue $442,600

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, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-4683223
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,394
Income (IRS master file)
$442,600

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$442,600$437,364$36,394XML
990December 2023$391,343$390,476$31,781XML
990December 2022$339,319$316,193$31,519IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Garen Aslanyan
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Garen Aslanyan
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 83-4683223).

Questions about LA STORM YOUTH SPORTS

What is the EIN of LA STORM YOUTH SPORTS?
The employer identification number (EIN) of LA STORM YOUTH SPORTS is 83-4683223.
Is LA STORM YOUTH SPORTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to LA STORM YOUTH SPORTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LA STORM YOUTH SPORTS 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 LA STORM YOUTH SPORTS 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 LA STORM YOUTH SPORTS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LA STORM YOUTH SPORTS?
The 990 for the year ended December 31, 2024 names GAREN ASLANYAN.
Who are the officers and directors of LA STORM YOUTH SPORTS?
The 990 for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $66,525 (AVEDIS MELKONYAN, SECRETARY).
How much revenue does LA STORM YOUTH SPORTS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $442,600, expenses of $437,364 and total assets of $36,394 at year end.

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