Youth and community nonprofits / Florida / Fort Myers

Basketball

Classic Basketball Inc

A tax-exempt nonprofit in Fort Myers, Florida, classified by the IRS as basketball. For the year ending Mar 2025 it reported $534,491 in revenue and $581,679 in expenses.

Data as of November 8, 2026Markdown copy JSON data

What it says it does

“Organize, operate and promote the city of palms classic boy's high school basketball tournament”From the organization's Form 990 for the year ending Mar 2025, as written (including spelling); all-capital text shown in normal capitalization.

IRS facts

Type: Basketball (IRS activity code N62Z)

Mailing city (IRS): Fort Myers, Florida 33907

EIN: 65-0243879

Tax status: 501(c)(3), eligible to receive tax-deductible donations; IRS-recognized as tax-exempt since 1991, per IRS records posted October 13, 2026.

Revenue on its latest IRS filing: $534,491 (year ending Mar 2025)

Check its status on IRS Tax Exempt Organization Search · Filings on ProPublica Nonprofit Explorer

Classic Basketball Inc finances

From the annual returns the group files with the IRS (Form 990, or the shorter Form 990-EZ for smaller groups), 4 filed years. Net assets are what it owns minus what it owes; management and general is office, admin and insurance cost. A dash means not reported (the short form does not ask for employees or volunteers). Each figure links to that year's return. A year is left out when no return is in the IRS e-file data; that does not mean the group was inactive.

Year ending	Mar 2020	Mar 2021	Mar 2023	Mar 2025
Total revenue	$16,250	$16,898	$523,163	$534,491
Total expenses	$105,133	$105,133	$506,983	$581,679
Total assets	$239,643	$214,040	$205,613	$302,824
Liabilities	$0	$0	$0	$0
Net assets	$239,643	$214,040	$205,613	$302,824
Employees	0	0	0	0
Volunteers	0	0	0	0
IRS form	Form 990	Form 990	Form 990	Form 990

Where the money goes, year ending Mar 2025

Programs $415,168 (71%)
Management and general $166,511 (29%)
Fundraising $0 (0%)

Where the money comes from, year ending Mar 2025

Gifts and grants $22,000 (4%)
Program fees $502,680 (94%)
Investment income $9,811 (2%)
Other $0 (0%)

People: 0 employees and 0 volunteers reported for the year ending Mar 2025. Counts only; BackPR does not publish names of officers or staff.

Revenue trend: Growing. Revenue went from $16,250 (year ending Mar 2020) to $534,491 (Mar 2025), about +101% a year.

Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

Source: IRS Form 990 Series Downloads (the returns open on ProPublica Nonprofit Explorer, which republishes the IRS files). Figures are as the organization filed them. Florida nonprofit.

How it compares

1 of 38 amateur sports nonprofits in Fort Myers when sorted from largest to smallest revenue. This shows size only, not quality. Groups with no reported revenue are listed last.

Size: revenue of $534,491 is higher than roughly 80 to 90% of the 866 amateur sports nonprofits in Florida that report revenue to the IRS (the city count above also includes groups with none). The median is $131,660.

Our analysis of the IRS Business Master File (posted October 13, 2026), using each group's latest reported revenue. Groups are sorted by revenue and split into ten equal bands, using all Florida groups of this type (Amateur sports, which covers several IRS activity codes). Size only, not a rating.

Around Fort Myers and its county

Lee County, Florida: the Census Bureau estimates about 147,533 children under 18 (July 1, 2024). This directory lists 222 youth and community nonprofits with a mailing ZIP code in the county, about 1.5 per 1,000 children. The count includes PTAs, arts and day care groups, so it is not a measure of places for kids.

This group's ZIP code is matched to the county that holds most of its area, so counts are approximate. County figures come from the Census Bureau's Vintage 2024 population estimates.

What is Classic Basketball Inc's EIN?

Classic Basketball Inc's EIN (Employer Identification Number) is 65-0243879. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

Is Classic Basketball Inc a nonprofit?

Yes. The IRS lists Classic Basketball Inc in Fort Myers, Florida as tax-exempt under section 501(c)(3), recognized since 1991. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

Are donations to Classic Basketball Inc tax-deductible?

Yes, the IRS lists gifts to Classic Basketball Inc as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

What does Classic Basketball Inc do?

In its own words on its Form 990 for the year ending Mar 2025: "Organize, operate and promote the city of palms classic boy's high school basketball tournament" The IRS classifies it as: Basketball.

How much money does Classic Basketball Inc take in?

For the year ending Mar 2025, Classic Basketball Inc reported total revenue of $534,491 and total expenses of $581,679 on its Form 990 (IRS Form 990 e-file data).

Do you run this organization?

Tax-exempt since 2023 · EIN 92-4011165

Amateur sports

Dna Youth Sports Inc

Fort Myers, FL 33912

Tax-exempt since 2025 · EIN 41-2360505

All youth and community nonprofits in Fort Myers

Source: IRS Exempt Organizations Business Master File, posted October 13, 2026. We list 501(c)(3) organizations whose IRS activity code is youth development, amateur sports, camps and recreation, parent-teacher groups, children's services, child day care or arts education. We show the city and ZIP code only, never a street address or contact person. A listing is not an endorsement.

Data as of November 8, 2026. Sources: IRS Business Master File (posted October 13, 2026), IRS Form 990 series e-file data, U.S. Census Bureau population estimates (July 1, 2024), state child care licensing records in the BackPR finder. Growth labels, ranks and percentiles are BackPR's own calculations.

Something wrong? Tell us and we'll fix or remove it.