PROMISE ELITE BASKETBALL CLUB INC
DECATUR,
Georgia,
30030
EIN: 82-4236425
Recreation, Sports, Leisure, Athletics
MISSION
To educate and empower youth with confidence, commitment, integrity and self respect that will push them to reach their highest potential. We will put extensive effort into building a program around good ethics, honesty, dedication and team work.
DEMOGRAPHIC
ADDRESS
510 CONVETRY ROAD 15A
30030
COUNTY
dekalb county, GA
IN CARE OF NAME
MICHAEL SMITH
ORGANIZATIONAL OVERVIEW & RANKINGS
PROMISE ELITE BASKETBALL CLUB INC is a based in DECATUR, GA, focused on Recreation, Sports, Leisure, Athletics causes , specifically Baseball, Softball. Established in August 2022, it operates as an independent association and contributions to this organization are tax-deductible .
With total assets of $26,489.00, this ranks 633,309 among 2,656,690 nonprofits nationally (Top 24%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 14,507 out of 84,731 organizations in GA (Top 18%).
In dekalb county, GA, the organization ranks 1,281 out of 7,990 nonprofits by assets (Top 17%), while locally in decatur, it stands at 285 among 1,929 organizations (Top 15%).
The organization reported annual revenue of $79,366.00, ranking 430,732 nationally (Top 17%) and 11,024 in GA (Top 13%).
Within its specific NTEE classification (N63 - N: Recreation, Sports, Leisure, Athletics), which includes 17,752 similar organizations, PROMISE ELITE BASKETBALL CLUB INC ranks 2,488 in assets (Top 14%) and 2,296 in revenue (Top 13%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 and was reinstated on May 15, 2021 .
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
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
N63: Baseball, Softball
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
Revoked: Saturday, May 15, 2021;
Reinstated: Saturday, May 15, 2021
TAX PERIOD
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$79,366.00
FORM 990 REVENUE AMOUNT
$79,366.00
RULING DATE
08/2022
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$26,489.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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