Elite Mentoring Foundation is located in San Antonio, TX. The organization was established in 2018. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elite Mentoring Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Elite Mentoring Foundation generated $2.7k in total revenue. All expenses for the organization totaled $11.5k during the year ending 12/2020.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
ELITE MENTORING FOUNDATION IS A BASKETBALL SPORTS EDUCATIONAL NONPROFIT FOR COLLEGE STUDENT INTERNS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Montgomery President | 15 | $0 | |
Dawn Montgomery Vice President | 30 | $9,240 | |
Tyrus Thomas Treasurer | 5 | $0 | |
Melinda Jackson Director | 5 | $0 | |
Linsey Montgomery Secretary | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,697 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,697 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,942 |
| Professional fees and other payments to independent contractors | $883 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $627 |
| Total expenses | $11,452 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,724 |
| Other assets | $0 |
| Total assets | $150,724 |
| Total liabilities | $0 |
| Net assets or fund balances | $150,724 |