Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 15,035 | 24,339 | 57,120 | 35,813 | 32,559 | 164,866 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 15,035 | 24,339 | 57,120 | 35,813 | 32,559 | 164,866 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 13,456 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 151,410 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 15,035 | 24,339 | 57,120 | 35,813 | 32,559 | 164,866 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | 164,866 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2018 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2018 |
(iii) Distributable Amount for 2018 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2018 from Section C, line 6 |
||||
|
2
Underdistributions, if any, for years prior to 2018 (reasonable cause required-- explain in Part VI). See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2018: | ||||
| a From 2013....... | ||||
| b From 2014....... | ||||
| c From 2015....... | ||||
| d From 2016....... | ||||
| e From 2017....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2018 distributable amount | ||||
|
i
Carryover from 2013 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2018 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2018 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2018, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2018. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
7 Excess distributions carryover to 2019. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a Excess from 2014...... | ||||
| b Excess from 2015..... | ||||
| c Excess from 2016..... | ||||
| d Excess from 2017..... | ||||
| e Excess from 2018..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4A | THE COLORADO TITANS BASKETBALL CLUB CELEBRATED ITS 13TH YEAR OF EXISTENCE IN 2018. WE COMPLETED OUR NINTH YEAR AS A 501(C)3 NON-PROFIT CORPORATION. THE ORGANIZATION FIELDED 16 TEAMS FOR 2018 AND THEY WERE THE FOLLOWING: U17'S - ONE TEAM U16'S - FOUR TEAMS U15'S - THREE TEAMS U14'S - THREE TEAMS U13'S - ONE TEAM U12'S - TWO TEAMS U11'S - ONE TEAM U9'S - ONE TEAM OUR TEAMS WERE MOSTLY COMPRISED OF 9 TO 10 PLAYERS WITH THE EXCEPTIONS OF THE U13'S, U12'S, U11'S, AND U9'S AS WE HAD MULTIPLE DUAL SPORT ATHLETES. DURING THE 2018 SEASON, 225 BOYS AND THREE GIRLS AGED 11 TO 18 PARTICIPATED IN OUR TITANS BASKETBALL PROGRAM TRYOUTS. AFTER TRYOUTS CONCLUDED IN MID- MARCH AND ROSTERS WERE SET WE HAD A RECORD NUMBER OF 175 PLAYERS REPRESENT OUR RESPECTIVE TEAMS. THIS ALSO INCLUDED OUR PROGRAM STARTING A U9 BOYS TEAM FOR THE FIRST TIME IN THE HISTORY OF THE PROGRAM. ALSO, DURING THE MONTHS OF JUNE AND JULY WE ADDED OUR GIRL'S TEAM AT THE U12 AGE GROUP. THIS TEAM WAS COMPOSED OF 12 PLAYERS FROM AROUND THE ERIE AREA AND CONTINUED PLAYING IN THE MONTHS OF NOVEMBER AND DECEMBER IN LOCAL TOURNAMENTS. IN NOVEMBER WE ALSO FORMED TWO MORE TEAMS AS THEY PLAYED IN LOCAL TOURNAMENTS AND LEAGUES AROUND THE DENVER AREA. ALL TOTAL FOR THE 2018 WE FIELDED 18 TOTAL TEAMS. 2018 MARKED OUR THIRD YEAR IN THE THE NY2LA BASKETBALL ASSOCIATION CIRCUIT. THIS ASSOCIATION ALLOWED OUR TOP 17'S, 16'S, AND 15'S TO COMPETE AGAINST OTHER TOP CLUBS FROM ACROSS THE NATION WHILE BRINGING EXPOSURE TO OUR PLAYERS IN NATIONAL EVENTS THAT NY2LA RAN. THIS EXPOSURE ALLOWS OUR PLAYERS TO PLAY IN FRONT OF MANY COLLEGE COACHES. OUR REMAINING TEAMS STARTED AT THE SAME TIME IN APRIL PLAYING AROUND THE DENVER AREA. OUR TEAMS PARTICIPATED IN 6 TOURNAMENTS THROUGH THE MONTHS OF APRIL AND MAY. DURING THE MONTH OF JUNE WE RAN SKILL DEVELOPMENT SESSIONS WITH ALL OF OUR TEAMS AND OUR U9 THROUGH U13 TEAMS PLAYED IN LEAGUES UP AT THE POWER TO PLAY FACILITY IN WINSOR. OUR SEASON THEN CONCLUDED WITH TEAMS PLAYING LOCALLY AND SEVEN TEAMS TRAVELING TO LAS VEGAS. IN 2018 WE TRAVELED WITH THE FOLLOWING TEAMS: APRIL 20TH - 22ND; MINNEAPOLIS, MN17 GOLD, 16 GOLD, 15 GOLD APRIL 27TH - 29TH; DALLAS, TX17 GOLD, 16 GOLD, 15 GOLD JULY 11TH - 15TH; MILWAUKEE, WI; 17 GOLD, 16 GOLD, 16 BLACK, 16 WHITE, 15 GOLD, 15 BLACK JULY 13TH - 17TH; ANAHEIM, CA; 17 GOLD, 16 GOLD, 15 GOLD, JULY 20ND - 24TH; LAS VEGAS, NV; 17 GOLD, 16 GOLD, 16 BLACK, 16 WHITE, 15 GOLD, 15 BLACK, 14 GOLD, 14 BLACK DURING THE MONTHS THAT WE ARE PLAYING EACH TEAM IN OUR PROGRAM PRACTICES TWO TO THREE TIMES PER WEEK. WE FOCUS ON INDIVIDUAL PLAY AND TEAM CONCEPTS. OUR PROGRAM IS GEARED TO MAKE THESE PLAYERS THE BEST BASKETBALL PLAYER THAT THEY CAN BE WHILE BECOMING A GREAT YOUNG MAN OR WOMEN IN ADDITION TO TWO TO THREE PRACTICES PER WEEK EACH TEAM ALSO RECEIVED ONE HOUR OF SKILL DEVELOPMENT SESSIONS WITH DIFFERENT COACHES THROUGHOUT THE PROGRAM. THE COLORADO TITANS BASKETBALL CLUB CHARGES THE FAMILIES OF OUR PLAYER'S THE FOLLOWING FEES TO PARTICIPATE IN OUR PROGRAM: COACHING AND DIRECTOR TOURNAMENT ENTRY PRACTICE GYM RENTAL UNIFORMS AND PLAYER GEAR COACHES GEAR AIRFARE LODGING TRANSPORTATION OVERHEAD COSTS/OFFICE SUPPLIES INSURANCE THE FOLLOWING WAS THE BREAKDOWN FOR THE 2016 SEASON: U17 GOLD - 4900 U16 GOLD - 4900 U16 BLACK - 3700 16 WHITE - 3700 15/16 GREY - 1900 U15 GOLD - 4900 U15 BLACK - 3700 15 WHITE - 1900 U14 GOLD - 2800 U14 BLACK - 1900 U14 WHITE - 1900 U13 BLACK - 1800 U12 BLACK - 1600 U12 WHITE - 1600 U11 BLACK - 750 PLUS TOURNAMENT COSTS U9 BLACK - 550 PLUS TOURNAMENT COSTS WE SOLICIT DONATIONS FROM LOCAL BUSINESSES TO OFFSET SOME SCHOLARSHIP REQUESTS FROM INDIVIDUAL PLAYERS AND/OR REDUCE SOME NATIONAL TRAVEL COSTS. OUR MISSION IS TO PROVIDE 9-18 YEAR OLD BOYS AND GIRLS THE OPPORTUNITY TO LEARN THE GAME OF BASKETBALL AND GROW AND MATURE AS PEOPLE AND PLAYERS THROUGH THIS EXPERIENCE. THE 25 CURRENT TITANS COACHES EMPHASIZE INDIVIDUAL SKILL DEVELOPMENT, TEACH TEAM FUNDAMENTALS AND REQUIRE ALL PLAYERS TO GIVE 100% EFFORT DEFENSIVELY. WE EXPECT OUR TEAMS TO COMPETE AT THE HIGHEST LEVEL, AND THE COACHES TO DISTRIBUTE PLAYING TIME WITH THAT GOAL IN MIND. THE COLORADO TITANS COMMIT TO DEVELOPING PLAYERS THROUGH HARD WORK, PRACTICE AND INSPIRED COACHING. CURRENTLY 6 OUT OF THE 11 PLAYERS WHO PLAYED FOR THE COLORADO TITANS U17 LEVEL IN 2018 HAVE COMMITTED TO PLAY AT THE NEXT LEVEL. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE BOARD REVIEWS THE RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD MEMBERS DISCLOSE POTENTIAL CONFLICTS OF INTEREST AT BOARD MEETINGS. THERE IS OPEN DISCUSSION OF POTENTIAL ISSUES. |
| FORM 990, PAGE 6, PART VI, LINE 15A | USE MARKET COMPARISONS TO HIGH SCHOOL COACHES. COMPENSATIONS LEVELS ARE APPROVED ANNUALLY AT BOD MEETINGS FOR NEXT YEAR. THEY ARE REVIEWED BY THE INDEPENDENT BOARD MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATIONS LEVELS ARE APPROVED ANNUALLY AT BOD MEETINGS FOR NEXT YEAR. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | COACHING FEES 68,000 0 0 DIRECTOR AND ADMIN FEES 0 8,800 0 TOTAL 68,000 8,800 0 |
| Software ID: | |
| Software Version: |