Civic Intelligence

Elite Academy Sports

EIN 82-2626817 • 501(c)3 • Mckinney, TX

Profile

To utilize basketball as an avenue to mentor youth

3917 Wittenburg DrMckinney, TX 75071

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

81st percentile

30%

Higher net margin than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

18th percentile

-58%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

81st percentile

40%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$26,867

Down $36,734 (-58%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$26,867

Down $36,734 (-58%) from 2021

Operations
Liabilities / Revenue62nd percentileNet Margin81st percentile

Revenue

Up

$89,347

Up $25,746 (+40%) from 2021

Expenses

Up

$62,480

Up $62,480 from 2021

Net Income

Down

$26,867

Down $36,734 (-58%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2019: $16,057Liabilities 2019: $16,0572019Assets 2020: $1Liabilities 2020: $02020Assets 2021: $63,601Liabilities 2021: $0Net Assets 2021: $63,6012021Assets 2022: $26,867Liabilities 2022: $0Net Assets 2022: $26,8672022

Highlighted filing

2022

Assets$26,867
Liabilities$0
Net Assets$26,867
Open 2022 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2019: $95,499Expenses 2019: $95,278Net Income 2019: $2212019Revenue 2020: $63,601Expenses 2020: $77,309Net Income 2020: -$13,7082020Revenue 2021: $63,601Expenses 2021: $0Net Income 2021: $63,6012021Revenue 2022: $89,347Expenses 2022: $62,480Net Income 2022: $26,8672022

Highlighted filing

2022

Revenue$89,347
Expenses$62,480
Net Income$26,867
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,867
Liabilities
$0
Net assets
$26,867
Revenue
$89,347
Expenses
$62,480
Net income
$26,867
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$26.9$0.00$26.9$89.3$62.5$26.9
2021Detailed filing. Detailed filing data is available for this year.$63.6$0.00$63.6$63.6$0.00$63.6
2020Summary only. Only limited summary data is available for this year.$0.00$0.00$63.6$77.3$13.7
2019Summary only. Only limited summary data is available for this year.$16.1$16.1$95.5$95.3$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$89,347
Mission and Program Overview

Mission

To utilize basketball as an avenue to mentor youth

Program Services

DescriptionGrantsExpenses
Offer structured basketball training to equip youth$0$62,480
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Reginald WilcoxDirectorFT$0--
Filing and Contact Details

Filer

Filer Name
Elite Academy Sports
EIN
82-2626817
Phone
2142810749
Address
3917 WITTENBURG DR, MCKINNEY, TX 75071

Signing Officer

Name
Reginald Wilcox
Title
Director
Phone
2142810749
Signed
2023-11-13

Preparer

Firm
Duncan CPA & Advisor Pllc
Address
11426 Beeville Drive, Frisco, TX 75035
Preparer
Antoine Duncan
Phone
2147326091
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Commission and fees 2035.”

Form 990EZ, Part I, Line 16

“Tournament Fees 18102.”

Form 990EZ, Part I, Line 16

“Equipment 2596.”

Form 990EZ, Part I, Line 16

“Uniforms 28944.”

Form 990EZ, Part I, Line 16

“Gym rental costs 10803.”

Raw XML Appendix139 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum02142810749
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03917 WITTENBURG DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MCKINNEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075071
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt026867
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt026867
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt026867
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GroupExemptionNum01155
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt026867
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Reginald Wilcox
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt062480
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To utilize basketball as an avenue to mentor youth
IRS990EZ/ProgramServiceRevenueAmt089347
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Offer structured basketball training to equip youth
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt062480
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt062480
IRS990EZ/TotalProgramServiceExpensesAmt062480
IRS990EZ/TotalRevenueAmt089347
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt089347
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt089347
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt089347
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt089347
IRS990ScheduleA/Total509Grp/TotalAmt089347
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt089347
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Commission and fees 2035.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Tournament Fees 18102.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Equipment 2596.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Uniforms 28944.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Gym rental costs 10803.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0REGINALD WILCOX
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02142810749
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELITE ACADEMY SPORTS
ReturnHeader/Filer/BusinessNameControlTxt0ELIT
ReturnHeader/Filer/EIN0822626817
ReturnHeader/Filer/PhoneNum02142810749
ReturnHeader/Filer/USAddress/AddressLine1Txt03917 WITTENBURG DR
ReturnHeader/Filer/USAddress/CityNm0MCKINNEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075071
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461523731
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DUNCAN CPA & ADVISOR PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011426 Beeville Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Frisco
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075035
ReturnHeader/PreparerPersonGrp/PhoneNum02147326091
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Antoine Duncan
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-16T07:14:40-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0REGINALD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WILCOX
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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