Civic Intelligence

5050 Foundation

990EZ • Fiscal year 2023 • EIN 86-2202687

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileN/A
Post Office Box 150369Nashville, TN 37215

(615) 476-4856

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

69th percentile

16%

Higher net margin than 69% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

$38,553

No earlier filing loaded for comparison.

Net Assets

$38,553

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin69th percentile

Revenue

$149,408

No earlier filing loaded for comparison.

Expenses

$126,144

No earlier filing loaded for comparison.

Net Income

$23,264

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2023: $38,553Liabilities 2023: $0Net Assets 2023: $38,5532023Assets 2024: $163,415Liabilities 2024: $0Net Assets 2024: $163,4152024

Highlighted filing

2023

Assets$38,553
Liabilities$0
Net Assets$38,553
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0Revenue 2023: $149,408Expenses 2023: $126,144Net Income 2023: $23,2642023Revenue 2024: $397,842Expenses 2024: $272,980Net Income 2024: $124,8622024

Highlighted filing

2023

Revenue$149,408
Expenses$126,144
Net Income$23,264
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$187,900
Mission and Program Overview

Mission

To organize, operate, and maintain integrated programs of basketball instruction and activities available to boys and girls in grades nine through twelve in a manner that firmly implants the spirit of competition and the virtues of good sportsmanship, discipline, teamwork, honesty, loyalty, courage, and respect in the programs' participants, and that develops enthusiastic support for basketball among students, parents, and players by, among other activities, teaching the advance fundamentals of basketball to the programs' participants, promoting excellence in basketball by developing a coordinated effort amounts its various programs, providing a pathway for secondary educational scholarships through athletics and academics, and competing and excelling in amateur athletic union basketball tournaments.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION SUPPORTED TOURNAMENT RELATED COSTS FOR 4 BASKETBALL TEAMS, TOTALING 39 HIGH SCHOOL AGE PLAYERS.$0$92,742
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MOOKIE BETTSFounder-$0--
BRIANNA BETTSCo-Founder And President-$0--
BRANDON MCPHAILVice President-$0--
ANDREW MONTGOMERYSecretary-$0--
CAM LEWISChair Person-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Friends Bowling Event$98,854$28,854-$28,854
Total Events$98,854$28,854$38,492$-9,638
Filing and Contact Details

Filer

Filer Name
5050 Foundation
EIN
86-2202687
Phone
6154764856
Address
POST OFFICE BOX 150369, NASHVILLE, TN 37215

Signing Officer

Name
Brianna Betts
Title
Co-founder and President
Phone
6154764856
Signed
2024-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
2 BETHESDA METRO CENTER SUITE 910, BETHESDA, MD 20814
Preparer
Amanda Adams
Phone
3016549000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: aau team expenses - travel, food, lodging. Amount: 12,944. Description: entertainment. Amount: 6,200. Description: travel. Amount: 26,157. Description: meals. Amount: 6,707. Description: it. Amount: 3,246. Description: advertising. Amount: 2,739. Description: uniforms. Amount: 2,691. Description: office expense. Amount: 2,546. Description: tournament fee. Amount: 1,920. Description: equipment. Amount: 1,247. Description: bank fees. Amount: 348. Description: state fees. Amount: 153. Total to form 990-ez, line 16: 66,898.”

Raw XML Appendix168 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum06154764856
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NASHVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037215
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015289
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt038553
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/FiledScheduleAInd01
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GrossReceiptsAmt0187900
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt015289
IRS990EZ/NetAssetsOrFundBalancesEOYAmt038553
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt015289
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MOOKIE BETTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRIANNA BETTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRANDON MCPHAIL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANDREW MONTGOMERY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CAM LEWIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FOUNDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-FOUNDER AND PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CHAIR PERSON
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt066898
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO ORGANIZE, OPERATE, AND MAINTAIN INTEGRATED PROGRAMS OF BASKETBALL INSTRUCTION AND ACTIVITIES AVAILABLE TO BOYS AND GIRLS IN GRADES NINE THROUGH TWELVE IN A MANNER THAT FIRMLY IMPLANTS THE SPIRIT OF COMPETITION AND THE VIRTUES OF GOOD SPORTSMANSHIP, DISCIPLINE, TEAMWORK, HONESTY, LOYALTY, COURAGE, AND RESPECT IN THE PROGRAMS' PARTICIPANTS, AND THAT DEVELOPS ENTHUSIASTIC SUPPORT FOR BASKETBALL AMONG STUDENTS, PARENTS, AND PLAYERS BY, AMONG OTHER ACTIVITIES, TEACHING THE ADVANCE FUNDAMENTALS OF BASKETBALL TO THE PROGRAMS' PARTICIPANTS, PROMOTING EXCELLENCE IN BASKETBALL BY DEVELOPING A COORDINATED EFFORT AMOUNTS ITS VARIOUS PROGRAMS, PROVIDING A PATHWAY FOR SECONDARY EDUCATIONAL SCHOLARSHIPS THROUGH ATHLETICS AND ACADEMICS, AND COMPETING AND EXCELLING IN AMATEUR ATHLETIC UNION BASKETBALL TOURNAMENTS.
IRS990EZ/ProgramServiceRevenueAmt09474
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION SUPPORTED TOURNAMENT RELATED COSTS FOR 4 BASKETBALL TEAMS, TOTALING 39 HIGH SCHOOL AGE PLAYERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt092742
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt038492
IRS990EZ/SpecialEventsNetIncomeLossAmt0-9638
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0126144
IRS990EZ/TotalProgramServiceExpensesAmt092742
IRS990EZ/TotalRevenueAmt0149408
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0127500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0127500
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0149572
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0149572
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt09474
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt09474
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt031546
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0127500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0127500
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0159046
IRS990ScheduleA/Total509Grp/TotalAmt0159046
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0159046
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0159046
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt070000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt070000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt038492
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FRIENDS BOWLING EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt098854
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt098854
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt028854
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt028854
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-9638
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt038492
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt038492
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: AAU TEAM EXPENSES - TRAVEL, FOOD, LODGING. AMOUNT: 12,944. DESCRIPTION: ENTERTAINMENT. AMOUNT: 6,200. DESCRIPTION: TRAVEL. AMOUNT: 26,157. DESCRIPTION: MEALS. AMOUNT: 6,707. DESCRIPTION: IT. AMOUNT: 3,246. DESCRIPTION: ADVERTISING. AMOUNT: 2,739. DESCRIPTION: UNIFORMS. AMOUNT: 2,691. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 2,546. DESCRIPTION: TOURNAMENT FEE. AMOUNT: 1,920. DESCRIPTION: EQUIPMENT. AMOUNT: 1,247. DESCRIPTION: BANK FEES. AMOUNT: 348. DESCRIPTION: STATE FEES. AMOUNT: 153. TOTAL TO FORM 990-EZ, LINE 16: 66,898.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIANNA BETTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-FOUNDER AND PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06154764856
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt05050 FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt05050
ReturnHeader/Filer/EIN0862202687
ReturnHeader/Filer/PhoneNum06154764856
ReturnHeader/Filer/USAddress/AddressLine1Txt0POST OFFICE BOX 150369
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037215
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0872525370
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CITRIN COOPERMAN ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 BETHESDA METRO CENTER SUITE 910
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020814
ReturnHeader/PreparerPersonGrp/PhoneNum03016549000
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMANDA ADAMS
ReturnHeader/ReturnTs02024-11-15T16:02:09-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,553
Liabilities
$0
Net assets
$38,553
Revenue
$149,408
Expenses
$126,144
Net income
$23,264
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$3.98$2.73$1.25
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$1.49$1.26$0.23