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ELITE BASKEBALL FOUNDATION

LOS ANGELES, California, 90045

EIN: 46-2659776

Recreation, Sports, Leisure, Athletics

MISSION

Los Angeles Elite was formed in 2013 with the goal to prepare our players for the next level. We aren't just preparing these young men and women for basketball, but life as well. Our focus is to help our players have fun, learn the game of basketball

 FORM 1023-EZ for ELITE BASKEBALL FOUNDATION

LOSANGELESELITEBASKETBALL.COM

DEMOGRAPHIC

ADDRESS
6601 W 87TH ST
90045
COUNTY
los angeles county, CA

ORGANIZATIONAL OVERVIEW & RANKINGS

ELITE BASKEBALL FOUNDATION is a based in LOS ANGELES, CA, focused on Recreation, Sports, Leisure, Athletics causes , specifically Amateur Sports Clubs, Leagues, N.E.C.. Established in August 2018, it operates as an independent association and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,477,015 among 2,656,690 nonprofits nationally (Top 56%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 188,974 out of 275,729 organizations in CA (Top 69%).

In los angeles county, CA, the organization ranks 44,476 out of 71,287 nonprofits by assets (Top 63%), while locally in los angeles, it stands at 9,804 among 19,629 organizations (Top 50%).

The organization reported no revenue in the most recent filing period, placing it at 1,388,445 nationally and 116,109 in CA.

Within its specific NTEE classification (N60 - N: Recreation, Sports, Leisure, Athletics), which includes 27,325 similar organizations, ELITE BASKEBALL FOUNDATION ranks 13,275 in assets (Top 49%) and 10,851 in revenue (Top 40%).

Note: This organization's tax-exempt status was temporarily revoked on January 15, 2017 and was reinstated on January 15, 2017 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a July fiscal year. Additional information can be found at LOSANGELESELITEBASKETBALL.COM.

CLASSIFICATION

ORGANIZATION CODE
5: Association
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 past revocation appears on the IRS revocation list
Revoked: Sunday, January 15, 2017;
Reinstated: Sunday, January 15, 2017
Data current as of Oct. 2024
TAX PERIOD
08/2024
ACCOUNTING PERIOD
08
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2018
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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