Civic Intelligence

U2 Elite Foundation

990EZ • Fiscal year 2023 • EIN 92-1653954

Jan 01, 2023 to Dec 31, 2023 • Filed on May 15, 2024

Organization ProfileWWW.U2ATHLETICS.COM
401 E Ayre StWilmington, DE 19804

(302) 750-0173

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

91st percentile

52%

Higher net margin than 91% 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 / AssetsScore unavailable

Assets

Flat

$15,975

Flat from 2023

Net Assets

$16,634

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin91st percentile

Revenue

Flat

$28,820

Flat from 2023

Expenses

Flat

$13,886

Flat from 2023

Net Income

Flat

$14,934

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30K$20K$10K$0-$10KAssets 2023: $15,975Net Assets 2023: $16,6342023Assets 2023: $15,975Liabilities 2023: $02023Assets 2024: $20,128Liabilities 2024: $20,912Net Assets 2024: -$7842024

Highlighted filing

2023

Assets$15,975
Liabilities-
Net Assets$16,634
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

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

Highlighted filing

2023

Revenue$28,820
Expenses$13,886
Net Income$14,934
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$28,820
Mission and Program Overview

Mission

We foster amateur sports for the youth.

Program Services

DescriptionGrantsExpenses
Fostering amateur sports for the youth.--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

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

Filer

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

Signing Officer

Name
Ronald Walker
Title
Founder
Phone
3027500173
Signed
2024-05-15
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: 10”

Part I, line 16

“Description: OFFICE SUPPLIES & SOFTWARE Amount: 141”

Part I, line 16

“Description: PROGRAM-RELATED EXPENSES Amount: 13735”

Part II, line 24

“Description: OTHER CURRENT ASSETS BOY Amount: 1500 EOY Amount: 14808”

Raw XML Appendix125 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/AddressLine1Txt0401 E AYRE ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WILMINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DE
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019804
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0200
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01167
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014934
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01700
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015975
IRS990EZ/GrossReceiptsAmt028820
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt028820
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01700
IRS990EZ/NetAssetsOrFundBalancesEOYAmt016634
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01700
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015975
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt050
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RONALD WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FOUNDER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01500
IRS990EZ/OtherAssetsTotalDetail/EOYAmt014808
IRS990EZ/OtherExpensesTotalAmt013886
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WE FOSTER AMATEUR SPORTS FOR THE YOUTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Fostering amateur sports for the youth.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0DE
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013886
IRS990EZ/TotalRevenueAmt028820
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.U2ATHLETICS.COM
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt028820
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt028820
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt028820
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt028820
IRS990ScheduleA/Total509Grp/TotalAmt028820
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt028820
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt028820
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: BANK CHARGES & FEES Amount: 10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: OFFICE SUPPLIES & SOFTWARE Amount: 141
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: PROGRAM-RELATED EXPENSES Amount: 13735
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: OTHER CURRENT ASSETS BOY Amount: 1500 EOY Amount: 14808
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 24
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD WALKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum03027500173
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0U2 ELITE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0U2EL
ReturnHeader/Filer/EIN0921653954
ReturnHeader/Filer/PhoneNum03027500173
ReturnHeader/Filer/USAddress/AddressLine1Txt0401 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/PreparationDt02024-05-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEVON M HOWARD
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-20T18:07:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RONALD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WALKER
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
$15,975
Liabilities
-
Net assets
$16,634
Revenue
$28,820
Expenses
$13,886
Net income
$14,934
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
2023Detailed filing. Detailed filing data is available for this year.$16.0$16.6$28.8$13.9$14.9
2023Summary only. Only limited summary data is available for this year.$16.0$0.00$28.8$13.9$14.9