Civic Intelligence

U2 Elite Foundation

EIN 92-1653954 • 501(c)3 • Wilmington, DE

Profile

We foster amateur sports for the youth.

407 E Ayre StWilmington, DE 19804

www.u2athletics.com

Siviq Scores

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

Liabilities / Assets

94th percentile

1.04x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

3.61x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

16th percentile

-39%

Higher net margin than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

79th percentile

26%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-80%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$20,128

Up $4,153 (+26%) from 2023

Liabilities

Up

$20,912

Up $20,912 from 2023

Net Assets

-$784

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue98th percentileNet Margin16th percentile

Revenue

Down

$5,800

Down $23,020 (-80%) from 2023

Expenses

Down

$8,072

Down $5,814 (-42%) from 2023

Net Income

Down

-$2,272

Down $17,206 (-115%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

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

$30K$20K$10K$0-$10KAssets 2023: $15,975Liabilities 2023: $02023Assets 2024: $20,128Liabilities 2024: $20,912Net Assets 2024: -$7842024

Highlighted filing

2024

Assets$20,128
Liabilities$20,912
Net Assets-$784
Open 2024 Filing

Operations Trend

Revenue Growth10th percentile

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

$30K$20K$10K$0-$10KRevenue 2023: $28,820Expenses 2023: $13,886Net Income 2023: $14,9342023Revenue 2024: $5,800Expenses 2024: $8,072Net Income 2024: -$2,2722024

Highlighted filing

2024

Revenue$5,800
Expenses$8,072
Net Income-$2,272
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,128
Liabilities
$20,912
Net assets
-$784
Revenue
$5,800
Expenses
$8,072
Net income
-$2,272
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.1$20.9$0.78$5.80$8.07$2.27
2023Summary only. Only limited summary data is available for this year.$16.0$0.00$28.8$13.9$14.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 30, 2025
Return Version
2024v5.2
Gross Receipts
$5,800
Mission and Program Overview

Mission

We foster amateur sports for the youth.

Program Services

DescriptionGrantsExpenses
We successfully fulfilled the mission by having our main focus of getting athletes mental health training throughout the course of the year and giving the space to play.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RONALD WALKERFounderFT$0--
Filing and Contact Details

Filer

Filer Name
U2 Elite Foundation
EIN
92-1653954
Phone
3027500173
Address
407 E AYRE ST, WILMINGTON, DE 19804

Signing Officer

Name
Ronald Walker
Title
Founder
Phone
3027500173
Signed
2025-07-30
Discuss with paid preparer
No

Preparer

Firm
D Howard & Associates LLC
Address
239 FOURTH AVE, PITTSBURGH, PA 15222
Preparer
Devon M Howard
Phone
4844665095
Supplemental Narrative

Additional Explanations

Part I, line 16

“Description: BANK CHARGES & FEES Amount: 40”

Part I, line 16

“Description: OFFICE SUPPLIES & SOFTWARE Amount: 4180”

Part I, line 16

“Description: PROGRAM-RELATED EXPENSES Amount: 3496”

Part I, line 16

“Description: BUSINESS MEALS Amount: 97”

Part I, line 16

“Description: TRAVEL Amount: 259”

Part II, line 24

“Description: OTHER CURRENT ASSETS BOY Amount: 15123 EOY Amount: 20128”

Part II, line 26

“Description: ACCOUNTS PAYABLE BOY Amount: 8341 EOY Amount: 20912”

Raw XML Appendix112 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RONALD WALKER
IRS990EZ/BooksInCareOfDetail/PhoneNum03027500173
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0407 E AYRE ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WILMINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DE
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019804
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05800
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2272
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt015123
IRS990EZ/Form990TotalAssetsGrp/EOYAmt020128
IRS990EZ/GrossReceiptsAmt05800
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06782
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04510
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06782
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-784
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt036
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RONALD WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FOUNDER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt015123
IRS990EZ/OtherAssetsTotalDetail/EOYAmt020128
IRS990EZ/OtherExpensesTotalAmt08072
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WE FOSTER AMATEUR SPORTS FOR THE YOUTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We successfully fulfilled the mission by having our main focus of getting athletes mental health training throughout the course of the year and giving the space to play.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt08341
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt020912
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt08072
IRS990EZ/TotalRevenueAmt05800
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.U2ATHLETICS.COM
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05800
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt05800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05800
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05800
IRS990ScheduleA/TotalSupportAmt05800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: BANK CHARGES & FEES Amount: 40
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: OFFICE SUPPLIES & SOFTWARE Amount: 4180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: PROGRAM-RELATED EXPENSES Amount: 3496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: BUSINESS MEALS Amount: 97
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: TRAVEL Amount: 259
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: OTHER CURRENT ASSETS BOY Amount: 15123 EOY Amount: 20128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description: ACCOUNTS PAYABLE BOY Amount: 8341 EOY Amount: 20912
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD WALKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum03027500173
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0U2 ELITE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0U2EL
ReturnHeader/Filer/EIN0921653954
ReturnHeader/Filer/PhoneNum03027500173
ReturnHeader/Filer/USAddress/AddressLine1Txt0407 E AYRE ST
ReturnHeader/Filer/USAddress/CityNm0WILMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019804
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0883806858
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0D HOWARD & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0239 FOURTH AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PITTSBURGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd015222
ReturnHeader/PreparerPersonGrp/PhoneNum04844665095
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEVON M HOWARD
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-08-04T20:17:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.