MISSION
We are a Non-Profit amateur organization for boys and girls that prides ourselves in breaking through limits athletically and academically. We strive to help under privileged youth in our community by mentoring them with academics, athletics.
SHARKSELITE1TEAM.WIXSITE.COM/ONETEAMDEMOGRAPHIC
ADDRESS
9013 WINDING RIVER DR
76118
COUNTY
tarrant county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
SHARKS ELITE BASKETBALL is a based in FORT WORTH, TX, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in December 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,057,698 among 2,656,690 nonprofits nationally (Top 40%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 92,728 out of 202,022 organizations in TX (Top 46%).
In tarrant county, TX, the organization ranks 8,498 out of 14,361 nonprofits by assets (Top 60%), while locally in fort worth, it stands at 3,364 among 5,807 organizations (Top 58%).
The organization reported no revenue in the most recent filing period, placing it at 1,280,892 nationally and 55,802 in TX.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, SHARKS ELITE BASKETBALL ranks 9,623 in assets (Top 26%) and 11,272 in revenue (Top 31%).
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. Additional information can be found at SHARKSELITE1TEAM.WIXSITE.COM/ONETEAM.
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
O: Youth Development
NTEE CODE
O50: Youth Development Programs, Other
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
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2019
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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