Triple Threat Scholarship Fund in Murrieta, California (CA)

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Triple Threat Scholarship Fund
Employer Identification Number (EIN)141989114
Name of OrganizationTriple Threat Scholarship Fund
In Care of NameEric P Mobley
Address23811 Washington Ave C110 Ste 348, Murrieta, CA 92562-2267
SubsectionCharitable Organization, Educational Organization
Ruling Date09/2008
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,010
Amount of Income$61,559
Form 990 Revenue Amount$61,559
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Basketball


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Amount of income in 2014: $61,559 (it was $27,973 in 2013)
This organization: 

 $61,559
Other organizations performing similar types of work: 

 $64,577

Assets in 2014: $2,010 (it was $2,000 in 2013)
Triple Threat Scholarship Fund: 

 $2,010
Other organizations performing similar types of work: 

 $12,347

Expenses in 2013: $29,226
This organization: 

 $29,226
Other organizations performing similar types of work: 

 $60,846

Income to expenses ratio in 2013: 2.1
Triple Threat Scholarship Fund: 

 2.1
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 100.0%
Triple Threat Scholarship Fund: 

 100.0%
Other organizations performing similar types of work: 

 0.5%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$47,270$24,854$27,973
Contributions, gifts, grants, and similar amounts received$47,270$24,854$27,973
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$43,176$26,978$29,226
Total net assets$1,502$1,200$2,000
Excess/Deficit for the year$4,094$-2,124$-1,253
Net assets or fund balances at beginning of year$-2,592$3,324$3,253
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$-622$-53
Balance Sheets
201120122013
Total assets$1,502$1,200$2,000
Total liabilities$0$0$0
Net assets or fund balances$1,502$1,200$2,000
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesYesNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Team Esface Inc763 Green St, E Palo Alto, CA 94303-1945CA2014-09$741,763
2San Gabriel Valley Basketball Club IncPO BOX 3249, Montebello, CA 90640-8549CA2009-05$635,364
3Gil Basketball Academy1522 Constitution Blvd, Salinas, CA 93905-3803CA2010-04$413,217
4Force Sports Foundation7727 Herschel Ave, La Jolla, CA 92037-4406CA2011-08$251,500
5Rsm Njb Inc, Rancho Santa MargaritaPO BOX 80411, Rcho Sta Marg, CA 92688-0411CA2005-04$217,897
6Rocklin Girls Fast Pitch Softball2351 Sunset Blvd Suite 170-129, Rocklin, CA 95765-4338CA2003-06$208,898
7South Bay Youth Basketball2785 Pacific Coast Highway Pmb 713, Torrance, CA 90505-7066CA2009-03$204,254
8Chino Hills Pony Baseball4195 Chino Hills Pkwy 588, Chino Hills, CA 91709-2618CA2014-02$176,723
9West Coast Premier Basketball Academy20687-2 Amar Rd 242, Walnut, CA 91789CA2009-05$173,769
10Amateur Athletic Union Of The United StatesPo Box 994123, Redding, CA 96099CA1966-01$139,930
11San Jose Ninja Youth Foundation1888 Saratoga Ave, San Jose, CA 95129-5214CA2005-06$116,827
12Redondo Beach Youth Basketball IncPO BOX 692, Redondo Beach, CA 90277-0692CA2010-03$112,562
13West Covina Youth Basketball League IncPO BOX 2431, West Covina, CA 91793-2431CA2006-08$96,225
14San Diego All-Stars Basketball Association, Sda Basketball3455 Kearny Villa Rd Apt 350, San Diego, CA 92123-1982CA2010-02$95,944
15El Dorado Hills All Net Basketball Club3420 Coach Ln Ste 11, Cameron Park, CA 95682-8406CA2014-07$95,148
16El Modena Boys BasketballPO BOX 2831, Orange, CA 92859-0831CA2012-08$87,400
17Arden Park Aquatics1000 La Sierra Dr, Sacramento, CA 95864-5248CA2009-05$86,424
18Beaumont Community Youth BasketbalP O Box 3126, Beaumont, CA 92223CA2009-05$82,677
19Bay Area Ballers Youth Foundation Inc444 Clinton St, Redwood City, CA 94062-1033CA2009-03$82,306
20Turlock House Of Hoops4031 Persimmon Rd, Turlock, CA 95382-7390CA2012-07$80,379
Number of organizations performing similar types of work
Alaska8
Alabama27
Arkansas21
Arizona44
California274
Colorado55
Connecticut44
District of Columbia10
Delaware6
Florida162
Georgia87
Hawaii13
Iowa17
Idaho8
Illinois113
Indiana61
Kansas18
Kentucky27
Louisiana26
Massachusetts79
Maryland78
Maine8
Michigan65
Minnesota95
Missouri56
Mississippi8
Montana5
North Carolina90
North Dakota1
Nebraska21
New Hampshire12
New Jersey109
New Mexico16
Nevada18
New York159
Ohio112
Oklahoma29
Oregon49
Pennsylvania95
Rhode Island9
South Carolina29
South Dakota5
Tennessee53
Texas239
Utah10
Virginia90
Vermont5
Washington99
Wisconsin104
West Virginia21
Wyoming4
International5
Total2,799

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