Lady V Basketball Club
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The primary exempt purpose is to provide basketball training through scheduled and structured practices, and game play for girls and boys grades three through eight, and to provide support to Puyallup High School girls and boys basketball teams grades nine through twelve.
- Income
- $102,815
- Spending
- $124,659
- Reserves
- 4.9 months of spending
- Largest source of income
- other income, 61%
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 57 out of 100. Higher than 21% of charities in its peer group (education, under $250k).
Reserves
20 of 35Spendable reserves would cover 4.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 21% of income.
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $46,792 spent. 1.) 135 girls and boys grades 3 through 8 from November 1 to mid-March participated as due paying members in structured basketball conducted in leased gymnasiums. Scheduled practice and game play used volunteer coaches and administrators, and paid game officials. Throughout the 18-week season each player received a minimum of 54 hours of group instruction, training and practice. Also, throughout the season each player was enrolled in team tournaments and thereby played from 20 to 30 games, the number of games depending in part on age-grouping. Grants: $900. Expenses: $46,792.
- $9,278 spent. 2.) 180 boys grades 3 through 8 participated in a two-day tournament of multiple-team games for every player conducted in leased gymnasiums using volunteer coaches and administrators, and paid game officials. Spectator entrance fees to these games generated $19,050 of revenue. Grants: 0. Expenses: $9,278.
- The Puyallup High School Girls varsity basketball teams are Washington State 4A High School Academic Champions 3 of the previous 8 years. The Puyallup High School Boys varsity basketball team was runner-up in the 2024 Washington State 4A High School Championship.
- 3.) 60 girls and boys grades 9 through 12 volunteered 420 total hours to help coach, officiate and administer the two-day tournaments of item (2) above. High school players volunteered in the practice, coaching, teaching and mentoring of younger players throughout the 18-week season. Puyallup High School basketball team players volunteer together at local nonprofit food banks and other organized volunteer activities.
Source: Form 990EZ for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.