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CAROLINA DREAM BASKETBALL

WAKE FOREST, North Carolina, 27587

EIN: 82-3170921

Recreation, Sports, Leisure, Athletics

MISSION

organization to help volunteers and amateur athletes develop fundamental skills and aptitude to play competitive basketball at high level through network of sporting events that focus on teamwork, athleticism, sportsmanship and enjoyment of the game

 FORM 1023-EZ for CAROLINA DREAM BASKETBALL

DEMOGRAPHIC

ADDRESS
5548 CREEK PINE DR
27587
COUNTY
wake county, NC
IN CARE OF NAME
SHAMEKA DOUTHIT

ORGANIZATIONAL OVERVIEW & RANKINGS

CAROLINA DREAM BASKETBALL is a based in WAKE FOREST, NC, focused on Recreation, Sports, Leisure, Athletics causes , specifically Amateur Sports Clubs, Leagues, N.E.C.. Established in November 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,373,648 among 2,656,690 nonprofits nationally (Top 90%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 58,689 out of 80,207 organizations in NC (Top 74%).

In wake county, NC, the organization ranks 8,299 out of 10,332 nonprofits by assets (Top 81%), while locally in wake forest, it stands at 542 among 551 organizations (Top 99%).

The organization reported no revenue in the most recent filing period, placing it at 2,197,695 nationally and 56,549 in NC.

Within its specific NTEE classification (N60 - N: Recreation, Sports, Leisure, Athletics), which includes 27,325 similar organizations, CAROLINA DREAM BASKETBALL ranks 23,840 in assets (Top 88%) and 26,584 in revenue (Top 98%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2020 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N60: Amateur Sports Clubs, Leagues, N.E.C.
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Friday, May 15, 2020;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of May. 2020
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2019
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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