Does Crowded assist with annual tax filings for sports teams?

Absolutely! Crowded provides compliance services including:Filing of Form 990Support for tax and group exemption processesEIN setup and upkeepState-level tax exemption compliance

Features

Bank

Store, manage & move
funds safely

Nonprofit bank accounts

Sub Accounts

Multi-chapter Banking

Collect

Process payments cost
effectively

Online payment collection

Dues

Fundraising

Spend

Manage spending with digital
cards

Spend

Per Diem Cards

Grantmaking

Comply

Stay compliant with tax regulations

Comply

Start a new nonprofit

Keep Your Nonprofit Tax-exempt

Use Cases

Resources

Guides

Check out our guides on how to use the platform

Blogs

Learn about compliance, finance tips and more

Case Studies

See how our partners use Crowded

Pricing

Sports teams & clubs

Be the MVP of Your Sports Club's Finances

Q: Is Crowded free?

Crowded accounts are free to set up – we have no minimum balances or mandatory subscription fees.*What do we charge for?When collecting payments, we charge the lesser of 2.99% or $5 of the collection amount if paid by card and 5$ for ACH payments.You can always choose whether you want to cover these fees or ask your payers to handle them.View our full fee schedule here.

Get effortless oversight into teams across a sports club or league, while empowering them with powerful financial tools

Sub Accounts for streamlined team management
Simplified per diem payments & reporting for player tournament travel
Easy tools for managing expenses with Visa® debit cards, collecting dues and fundraising
Industry-low transaction fees, keep more of what the club collects

Sub Accounts

Oversee all teams finances with 1 platform

How it works

Onboard Team Heads as Admins

Much easier than opening a full bank account! No EIN or incorporation documentation required.

Teams Manage Funds Autonomously

Admins enjoy built-in payment processing and transparent spending tools.

Club Gets Total Oversight

Funds can be added or withdrawn from Sub Accounts, and accounts can be monitored from a central dashboard.

powerful banking

Enjoy the benefits of unified banking* for clubs and leagues

Save time with 100% digital accounts (online setup & signatory changes)
Instant, free transfers & reconciliations between team accounts
Open team accounts instantly with no EIN or incorporation documentation
Accounts are FDIC pass-through, insurance-eligible** and FDIC insurance available on deposits up to $250k through TransPecos Banks, SSB; Member FDIC

transparent Spending

Control club spending with Visa® debit cards

Integrations

Connect all the platforms you use to Crowded.

Per Diems

Pay coaches, referees & players seamlessly

Collect

Easily collect team payments online

Run your sports club, not a spreadsheet.

Trusted by 1,000+ organizations

Resources for sports team finance:

Want to learn more? View All

Should Sports Clubs Use Venmo to Collect Payments?

Venmo may be convenient for personal use, but it falls short for sports clubs. Learn why it’s not ideal for managing club finances and discover a better, more secure alternative.

10 Original Fundraising Ideas for Sports Clubs

Unlock 10 powerful and innovative fundraising ideas for sports clubs to boost your team’s success and energize your community. From exciting 'pay-to-play' scrimmages to unforgettable themed dinners, these creative events will help you raise crucial funds while strengthening fan loyalty. Plus, discover how Crowded simplifies your club’s financial management, eliminating stress and boosting efficiency.

Sports Club Budget Template and Essential Guide

Take control of your sports club finances with our easy-to-use budget template. Track expenses, manage income, and plan for upcoming events—all in one place. Get started today and streamline your club’s financial management!

Your questions,
answered.

Want to chat? Contact us.

Crowded is a financial platform that offers sports teams an easy way to collect, spend and manage money online.

Sports teams are constantly collecting money from their team members – annual dues, jerseys, tournament fees, and etc. Using Crowded to collect these funds from the team is safe, easy and trackable.

When the team needs to spend, they can spend from the same place where they collect. The team treasurer can issue digital debit cards as needed to members to spend with budgeted amounts.

With collecting with Crowded, you can avoid constantly transferring funds between payment apps and banks to access your group’s money. Utilizing embedded finances, Crowded enables your group to bank, collect, and spend with just one platform.

Also, we provide fund protection. Unlike Venmo, funds you keep on Crowded are in FDIC pass-through, insurance-eligible accounts*, and FDIC insurance is available on deposits up to $250k.

Absolutely! Crowded provides compliance services including:

Filing of Form 990
Support for tax and group exemption processes
EIN setup and upkeep
State-level tax exemption compliance

Crowded accounts are free to set up – we have no minimum balances or mandatory subscription fees.*

What do we charge for?

When collecting payments, we charge the lesser of 2.99% or $5 of the collection amount if paid by card and 5$ for ACH payments.

You can always choose whether you want to cover these fees or ask your payers to handle them.

View our full fee schedule here.

Ready to simplify your sports club's finances?

* Crowded Technologies Inc is a financial technology company and is not a bank. Banking services provided by Blue Ridge Bank, N.A. and TransPecos Banks, SSB; Members FDIC. The Crowded Technologies Inc. Visa® Debit Card is issued by Blue Ridge Bank, N.A. and TransPecos Banks, SSB pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.

There are no fees associated with account opening, but transaction fees may apply; please refer to the Crowded Business Deposit Account Agreement for more details on account transaction fees.

** Accounts are eligible for pass-through deposit insurance only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. There may be a risk that pass-through deposit insurance is not available because conditions have not been satisfied. In such cases, funds may not be fully insured in the event the insured depository institution where the funds have been deposited were to fail.

Questions?

Product

Resources

Company

* Crowded Technologies Inc is a financial technology company and is not a bank. Banking services provided by TransPecos Banks, SSB; Member FDIC. The Crowded Technologies Inc. Visa® Debit Card is issued by TransPecos Banks, SSB pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.

There are no fees associated with account opening, but transaction fees may apply; please refer to the Crowded Business Deposit Account Agreement for more details on account transaction fees.