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Nonprofit · EIN 93-2740997

BBEXP INC

Tax-exempt · ENCINITAS, CA 92024

Financials

$762K$646K2023
Revenue Expenses · by fiscal year end
Financials of BBEXP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2024990$761,907$645,893$116,014$116,014$0$116,014
Financial details: 990 for the year ended August 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$761,907
Other revenue
$761,907

Expenses

Grants and similar amounts paid
$150,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$48,079
Program services (functional)
$645,893

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$116,014
Total liabilities, end of year
$0
Net assets, end of year
$116,014
Net assets without donor restrictions
$116,014
Gross receipts
$761,907
Employees
0
Year formed
2023
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 August 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL MCGILLCEO
Trustee or director
0$0
STACY PERALTACFO
Trustee or director
0$0

Address and contacts

Address (IRS master file)
429 PARKWOOD LN, ENCINITAS, CA 92024-1535
Principal officer (990 for 2023)
MICHAEL MCGILL, 429 PARKWOOD LANE, ENCINTAS, CA 92024
Signed the 990
MICHAEL MCGILL, CEO
Phone
(760) 500-7576
Return prepared by
STEVEN ALPINIERI CPA AN ACCOUNTANCY CORP

California records

California keeps its own records of charities and corporations. Search them by EIN 93-2740997 or by the name BBEXP INC.

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

Mission

Raise money for charities through selling signed (by the Bones Brigade) limited edition collectible skateboarddecks and organizing two one-day nostalgia related events relating to the legendary original 1980s "BonesBrigade" skateboard team. Revenue is donated to the following skateboard related charities, including but notlimited to:The Skatepark Project (skate.org)Grind For Life (grindforlife.org)Skateistan (skateistan.org)

990 for the year ended August 31, 2024

Program accomplishments

  • The organization over many months planned the following three activities for 2023. There are no more 2023activities scheduled for that year.Activity1Sale of signed limited edition skateboard decks.Signed by 8-public figures that are famous originators of skateboarding called, "The Bones Brigade", includingMike McGill and Tony Hawk. The Bones Brigade have had various films, documentaries, and books made of theirlives since the 1980's; hence there is a strong nostalgic demand for fans to meet and greet these legends and alsopay for signed memorabilia.a. Purpose is to sell these skateboard decks online with gross receipts being much larger than cost, with thedifference being primarily the demand for the Bones Brigade signatures in addition to a one-off designedskateboard deck. Each Bones Brigade member donated their time to sign each one of the 600 skateboard decks.This revenue generated will be a significant driver of revenue we can distribute to our chosen skateboard relatedcharities. Having tax exempt status can enable the organization to distribute more revenue to our chosen charities:b. Online through our webstore at www.bbexp.org starting Sept 19. 2023. All 600 skateboards sold out withinfive-weeks.c. All skateboard deck sales are on-line only and sales are processed by our volunteers over a two-month period.As there are many fans willing to help us, the Bones Brigade, we have managed to ensure our non-profit has nopaid employees. Many have donated their time.Activity2THE BONES BRIGADE EXPERIENCE DAY1a: Live VIP day and evening event for 80 VIP guests (ticket purchasers) to meet and greet the Original BonesBrigade members consisting of: live skateboard demonstration, VIP dinner, panel discussion and VIP Q&A, livemusic and photograph with all the Bones Brigade team. The price of ticket also includes various merchandise wecreated for the event and one signed limited edition skateboard deck. This revenue generated from selling 80 VIPtickets is greater than cost and is a significant driver of revenue we will then distribute to our chosen skateboardrelated charities.b and c: Nov 18, 2023. From Noon to 11PM at the Hilton DoubleTree FERA hotel, Anaheim CA and at VANS theBlock, Anaheim CA private skatepark. Many volunteers assisted in this event. We will have approx 130 people atthis event.Activity3THE BONES BRIGADE EXPERIENCE DAY 2a: various live activities on this day to a larger (300) paid audience. All revenue raised goes towards ourorganization. Activities included: Bones Brigade fan Q&A session, signatures and photo opportunity meet andgreet session to each guest, live music (x2), art show and installation.b and c: Nov 19, 2023. From 10:30 to 6:30PM at VANS the Block, Anaheim CA private skatepark. Many volunteersassisted in this event - except for outside security, no paid staff for this event.
    Expenses $645,893 · grants $150,000

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

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026Not on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
93-2740997
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$116,014
Income (IRS master file)
$761,907

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2024$761,907$645,893$116,014XML

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 93-2740997).

Questions about BBEXP INC

What is the EIN of BBEXP INC?
The employer identification number (EIN) of BBEXP INC is 93-2740997.
Is BBEXP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to BBEXP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BBEXP INC 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 BBEXP INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BBEXP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2024.
Who is the principal officer of BBEXP INC?
The 990 for the year ended August 31, 2024 names MICHAEL MCGILL.
Who are the officers and directors of BBEXP INC?
The 990 for the year ended August 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does BBEXP INC have?
On its 990 for the year ended August 31, 2024 it reported revenue of $761,907, expenses of $645,893 and total assets of $116,014 at year end.

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