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Nonprofit · EIN 88-2727868

EXCEL BASKETBALL ACADEMY

Tax-exempt · VIRGINIA BCH, VA 23454

Financials

$186K$163K2023$208K$163K2024$237K$239K2025
Revenue Expenses · by fiscal year end
Financials of EXCEL BASKETBALL ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$236,744$238,546-$1,802$90,766$0$90,766
December 31, 2024990$207,917$162,959$44,958$92,568$0$92,568
December 31, 2023990-EZ$185,523$162,677$22,846$52,610$5,000$47,610
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$12,743
Program service revenue
$224,001
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$110,623
Salaries, compensation and benefits (total)
$110,623
Professional fundraising fees
$0
Occupancy
$3,000
Travel
$14,344
Depreciation
$1,180
Program services (functional)
$229,375
Management and general (functional)
$9,171

Balance sheet and other

Total assets, start of year
$92,568
Total assets, end of year
$90,766
Total liabilities, end of year
$0
Net assets, end of year
$90,766
Land, buildings and equipment
$69,643
Net assets without donor restrictions
$90,766
Gross receipts
$236,744
Employees
0
Year formed
2022
State of legal domicile
VA

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
LANCE HURDLEDIRECTOR
Trustee or director
40$110,623
STEVE HALLIDAYPRESIDENT &
Trustee or director, Officer
5$0
TRACI CORCORANSECRETARY
Trustee or director, Officer
2$0
JASON BLANCHETTEDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
JASON BLANCHETTEDIRECTOR
Trustee or director
–$0
TRACI CORCORANVICE PRESIDE
Trustee or director, Officer
–$0
SUSAN GRAYDIRECTOR
Trustee or director
–$0
STEVE HALLIDAYPRESIDENT &
Trustee or director, Officer
–$0
LANCE HURDLEDIRECTOR
Trustee or director
–$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
STEVE HALLIDAYPRESIDENT &0$0
TRACI CORCORANVICE PRESIDE0$0
LANCE HURDLEDIRECTOR0$0
JASON BLANCHETTEDIRECTOR0$0
SUSAN GRAYDIRECTOR0$0

Address and contacts

Address (IRS master file)
2037 LASKIN RD, VIRGINIA BCH, VA 23454-4266
In care of
% STEPHEN HALLIDAY
Mailing address (990-N for 2022)
2037 LASKIN ROAD, VIRGINIA VA 23454
Principal officer (990 for 2025)
STEVE HALLIDAY, 2037 LASKIN ROAD, VIRGINIA BEACH, VA 234544266
Principal officer (990-N for 2022)
STEVE HALLIDAY, 2037 LASKIN ROAD, VIRGINIA BEACH VA 234544266
Signed the 990
STEVE HALLIDAY, PRESIDENT & TREA.
Phone
(757) 777-2277
Return prepared by
SAUNDERS MATTHEWS & PFITZNER PLLC

Mission

EXCEL BASKETBALL ACADEMY IS COMMITTED TO TRAINING BASKETBALL PLAYERS AGES 5-17 IN FUNDAMENTAL BASKETBALL SKILLS. FURTHER TRAINING WILL OCCUR DURING LIVE GAMES. VALUES SUCH AS SPORTSMANSHIP, TEAM WORK AND RESPECT WILL BE EMPHASIZED.

990 for the year ended December 31, 2025

Program accomplishments

  • DURING 2025, EXCEL BASKETBALL ACADEMY HAS SERVED HUNDREDS OF BASKETBALL PLAYERS IN SESSIONS LASTING ABOUT EIGHT WEEKS. TRAINING IS OFFERED FOR BEGINNER, INTERMEDIATE, ADVANCED AND ELITE LEVELS, ONE ON ONE TRAINING AS WELL AS THROUGH TEAMS IN LOCAL LEAGUES. COACHES HAVE EXTENSIVE TRAINING EXPERIENCE INCLUDING AT THE NBA AND MAJOR COLLEGE LEVEL. SPECIALITY PROGRAMS SUCH AS SHOT SELECTION AND TECHNIQUE ARE ALSO OFFERED AS WELL AS PERSONALIZED TRAINING THROUGH TECHNOLOGY.
    Expenses $229,375 · revenue $224,001

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 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
88-2727868
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$90,766
Income (IRS master file)
$236,744

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$236,744$238,546$90,766XML
990December 2024$207,917$162,959$92,568XML
990-EZDecember 2023$185,523$162,677$52,610XML
990-N for 2022
Officer: STEVE HALLIDAY
December 31, 2022≤ $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 88-2727868).

Questions about EXCEL BASKETBALL ACADEMY

What is the EIN of EXCEL BASKETBALL ACADEMY?
The employer identification number (EIN) of EXCEL BASKETBALL ACADEMY is 88-2727868.
Is EXCEL BASKETBALL ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to EXCEL BASKETBALL ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EXCEL 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 EXCEL BASKETBALL ACADEMY 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 EXCEL BASKETBALL ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of EXCEL BASKETBALL ACADEMY?
The 990 for the year ended December 31, 2025 names STEVE HALLIDAY.
Who are the officers and directors of EXCEL BASKETBALL ACADEMY?
The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $110,623 (LANCE HURDLE, DIRECTOR).
How much revenue does EXCEL BASKETBALL ACADEMY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $236,744, expenses of $238,546 and total assets of $90,766 at year end.

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