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M5 ELITE BASKETBALL INC M5 ELITE

CORONA, New York, 11368

EIN: 47-2388470

Recreation, Sports, Leisure, Athletics

MISSION

DEMOGRAPHIC

ADDRESS
3344 104TH ST APT 5
11368
COUNTY
queens county, NY
IN CARE OF NAME
MARK HACKSHAW

ORGANIZATIONAL OVERVIEW & RANKINGS

M5 ELITE BASKETBALL INC M5 ELITE is a based in CORONA, NY, focused on Recreation, Sports, Leisure, Athletics causes , specifically Amateur Sports Clubs, Leagues, N.E.C.. Established in December 2015, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $2,732.00, this ranks 741,745 among 2,656,690 nonprofits nationally (Top 28%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 57,030 out of 159,053 organizations in NY (Top 36%).

In queens county, NY, the organization ranks 2,640 out of 10,564 nonprofits by assets (Top 25%), while locally in corona, it stands at 39 among 211 organizations (Top 14%).

The organization reported annual revenue of $6,594.00, ranking 599,906 nationally (Top 23%) and 42,457 in NY (Top 27%).

Within its specific NTEE classification (N60 - N: Recreation, Sports, Leisure, Athletics), which includes 27,325 similar organizations, M5 ELITE BASKETBALL INC M5 ELITE ranks 4,299 in assets (Top 16%) and 4,378 in revenue (Top 16%).

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

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.

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: Wednesday, January 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 Oct. 2019
TAX PERIOD
08/2016
ACCOUNTING PERIOD
08
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$7,000.00
FORM 990 REVENUE AMOUNT
$6,594.00
RULING DATE
12/2015
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$2,732.00
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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