Elite 3 Sports Ventures is a 501(c)(3) organization based in Hutto, Texas, registered in 2017, with $516,775 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$517K
▲ 25.3% vs prior year
Recreation median: $129K
Expenses (FY2024)
$515K
Net assets
$41K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Elite 3 Sports Ventures— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Elite 3 Sports Ventures: 1 mo reserves · +0% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Elite 3 Sports Ventures— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Elite 3 Sports Ventures: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $531K (FY2017) to $517K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$43K
Total liabilities
$2,391
Net assets
$41K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $516,775▲25.3% | $515,022▲10.7% | $40,591▲4.5% | $42,982▲4.2% | 990 |
| 2023 | $412,512▼13.9% | $465,242▲8.0% | $38,838▼57.6% | $41,230▼62.0% | 990 |
| 2022 | $479,175▼1.4% | $430,709▼12.6% | $91,568▲112% | $108,568▲152% | 990 |
| 2021 | $485,862▲30.4% | $492,746▲28.7% | $43,102▼13.8% | $43,102▼13.8% | 990 |
| 2020 | $372,569▼7.3% | $382,740▲2.6% | $49,986▼16.9% | $49,986▼16.9% | 990 |
| 2019 | $401,958▼15.2% | $373,163▼18.8% | $60,157▲91.8% | $60,157▲91.8% | 990 |
| 2018 | $473,849▼10.7% | $459,832▼10.4% | $31,362▲80.8% | $31,362▲80.8% | 990 |
| 2017 | $530,675 | $513,329 | $17,346 | $17,346 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Elite 3 Sports Ventures totaling $19K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2023 | $12,200 |
| United Way Worldwide | General charitable operations | 2020 | $7,200 |
Explore more
Data for Elite 3 Sports Ventures (EIN 81-4999224) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.