STRATEGY STUDIO / PUBLIC DATA EXPLORER

LYLES BROTHERS SPORTS FOUNDATION INC: Form 990EZ, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LYLES BROTHERS SPORTS FOUNDATION INC (EIN 85-2829467)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-09-09
IRS object ID
202412539349201206
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-09-09T13:53:06-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN541483360PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BJ KANE & COMPANY PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17006-L LITTLE RIVER TURNPIKEAddressLine1Txt
CityANNANDALECityNm
State AbbreviationVAStateAbbreviationCd
ZIP22003ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN852829467EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LYLES BROTHERS SPORTS FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLYLEBusinessNameControlTxt
Phone7042772036PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1456 AVILA PLACEAddressLine1Txt
CityHOWEY IN THE HILLSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34737ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEISHA BISHOPPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7042772036PhoneNum
Signature2024-09-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRIAN J KANE CPAPreparerPersonNm
PTINP01083494PTIN
Phone7036420100PhoneNum
Preparation2024-09-05PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$89,832GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$89,832ContributionsGiftsGrantsEtcAmt
Total Revenue$89,832TotalRevenueAmt
Salaries Other Comp Empl Bnft$38,325SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$6,464FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$11,306PrintingPublicationsPostageAmt
Other Expenses Total$31,935OtherExpensesTotalAmt
Total Expenses$88,030TotalExpensesAmt
Excess Or Deficit For Year$1,802ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY-$7,262NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY-$5,460NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,262BOYAmt
EOY$5,460EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY-$7,262BOYAmt
EOY-$5,460EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeA NONPROFIT ORGANIZATION CREATED TO EMPOWER YOUTH THROUGH THE ADVANCEMENT OF HEALTH AND WELLNESSPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
NEXT GEAR ATHLETICS$20,000$0
ADIDAS$6,900$0
GLOBAL ATHLETICS MARKETING$5,000$0
FieldValueIRS element (for citing)
Total Program Service Expenses$0TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KEISHA BISHOP
PRESIDENT15.00$0$0$0
MARK BISHOP
EXECUTIVE DIRECTOR55.00$38,325$0$0
NOAH LYLES
VICE PRESIDENT5.00$0$0$0
HAZEL CLARK
SECRETARY5.00$0$0$0
DENNIS CHESTNUT
BOARD MEMBER3.00$0$0$0
GABLE BARMER
TREASURER8.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMARK BISHOPPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1456 AVILA PLACEAddressLine1Txt
CityHOWEY IN THE HILLSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34737ZIPCd
FieldValueIRS element (for citing)
Phone4109678631PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$45,214CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,731CurrentTaxYearMinus1YearAmt
Current Tax Year$73,372CurrentTaxYearAmt
Total$156,317TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$45,214CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,731CurrentTaxYearMinus1YearAmt
Current Tax Year$73,372CurrentTaxYearAmt
Total$156,317TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$156,317PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$148,616CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$33,993CurrentTaxYearMinus1YearAmt
Current Tax Year$16,460CurrentTaxYearAmt
Total$199,069TotalAmt
FieldValueIRS element (for citing)
Total Support$355,386TotalSupportAmt
Public Support CY1700.43990PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: BANK CHARGES. AMOUNT: 1. DESCRIPTION: CHARITABLE CONTRIBUTIONS. AMOUNT: 1,779. DESCRIPTION: INSURANCE. AMOUNT: 9,929. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 4,353. DESCRIPTION: PAYROLL EXPENDITURES. AMOUNT: 842. DESCRIPTION: PAYROLL TAXES. AMOUNT: 13,900. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 1,131. TOTAL TO FORM 990-EZ, LINE 16: 31,935.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: EXCESS EXPENSES OVER REVENUE. BEG. OF YEAR AMOUNT: 7,262. END OF YEAR AMOUNT: 5,460.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE 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.DeclarationDesc