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Passes our checks

Itl Texas Grassroots Basketball

EIN 93-2729668 · Mckinney, TX

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak34 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE CENTRAL PURPOSE OF THE CORPORATION IS TO ADDRESS THE NEEDS OF THE COMMUNITY, THROUGH EDUCATIONAL AND CHARITABLE PURPOSES, INCLUDING SUPPORTING THE GROWTH AND DEVELOPMENT OF FEMALE ATHLETES, AS WELL AS FOSTERING LEADERSHIP AND COMPETITION. THE CORPORATION IS A NONPROFIT CORPORATION ORGANIZED FOR EXCLUSIVELY CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE IRC OF 1986, AS AMENDED.

Income
$105,710
Spending
$100,828
Reserves
0.5 months of spending
Largest source of income
fees for its services, 88%
Highest pay
$5,250, secretary

Source: Form 990EZ for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 34 out of 100. Higher than 5% of charities in its peer group (recreation and sports, under $250k).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.5 months of spending.

  • Debt

    5 of 20

    It owes 64% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 5% of income.

Source: Form 990EZ for the year ending August 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 August 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 (3)
  1. $25,258 spent. THE TEAM PARTICIPATES IN TOURNAMENTS THAT REQUIRE SIGNIFICANT TRAVEL EXPENSE. THESE TOURNAMENTS OFFER AN OPPORTUNITY FOR THE TEAM MEMBERS TO GROW INDIVIDUALLY ON AND OFF THE COURT AS THEY EXPERIENCE ADVERSITY AND ACCOMPLISHMENT THROUGH WINS AND LOSSES, BUILD CAMARADERIE AND LEADERSHIP BY COMPETING AS A UNIT AND INDIVIDUALLY, AND ALSO PROVIDE UNLIMITED OPPORTUNITIES FOR GROWTH OF CHARACTER THROUGH OUR TIME TOGETHER AT TOURNAMENTS. NATIONAL TOURNAMENTS ALSO PROVIDE A PLATFORM FOR THE TEAM MEMBERS TO SHOWCASE THEIR ABILITY TO COLLEGE COACHES, MAKING PROGRESS TOWARD THEIR INDIVIDUAL GOALS.
  2. $26,249 spent. PLAYING IN TOURNAMENTS IS A PRIMARY PURPOSE OF OUR ORGANIZATION. THESE TOURNAMENTS ARE STEPPING STONES FOR OUR DEVELOPMENT PROCESS WHERE WE SET INDIVIDUAL GOALS YEARLY AND REVISIT BEFORE, DURING, AND AFTER TOURNAMENTS TO TRACK THEIR PROGRESS OF THE GOALS THEY SET FOR THEMSELVES. TEAM MEMBERS LEARN FROM EVERY GAME AND WE UPDATE GOALS AS NEEDED TO GUIDE OUR DEVELOPMENT PROCESS OVERALL.
  3. $5,250 spent. COACHES ARE THE BACKBONE OF OUR ORGANIZATION. THE LEADERSHIP, GUIDANCE, AND COACHING THEY PROVIDE TO OUR TEAM MEMBERS IS A CENTRAL PART OF OUR ORGANIZATION.

Source: Form 990EZ for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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 November 6, 2026.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending August 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Worth knowing.

    Recognized by the IRS in December 2025. It is too new to have a track record.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 November 4, 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.