<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2020v4.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2022-03-07T13:27:01-06:00</ReturnTs>
    <TaxPeriodEndDt>2020-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>352349774</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>KEITH &amp; ASSOCIATES PLLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>715 BAKEWELL ST</AddressLine1Txt>
        <CityNm>COVINGTON</CityNm>
        <StateAbbreviationCd>KY</StateAbbreviationCd>
        <ZIPCd>410111227</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990EZ</ReturnTypeCd>
    <TaxPeriodBeginDt>2020-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>301032352</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>KENTUCKY COBRAS INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>KENT</BusinessNameControlTxt>
      <PhoneNum>8592616800</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1680 TRACE DRIVE</AddressLine1Txt>
        <CityNm>FLORENCE</CityNm>
        <StateAbbreviationCd>KY</StateAbbreviationCd>
        <ZIPCd>41042</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>TY SIMPSON</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>8592616800</PhoneNum>
      <SignatureDt>2021-11-12</SignatureDt>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>TY</PersonFirstNm>
        <PersonLastNm>SIMPSON</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>R FREDERICK KEITH</PreparerPersonNm>
      <PTIN>P00048510</PTIN>
      <PhoneNum>8592616800</PhoneNum>
      <PreparationDt>2022-03-07</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2020</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="4">
    <IRS990EZ documentId="RetDoc2" referenceDocumentId="RetDoc3">
      <AmendedReturnInd>X</AmendedReturnInd>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
      <WebsiteAddressTxt>HTTPS://KENTUCKYCOBRAS.LEAGUEAPPS.COM/</WebsiteAddressTxt>
      <Organization501c3Ind referenceDocumentId="RetDoc4">X</Organization501c3Ind>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <GrossReceiptsAmt>171585</GrossReceiptsAmt>
      <InfoInScheduleOPartIInd>X</InfoInScheduleOPartIInd>
      <ContributionsGiftsGrantsEtcAmt>116083</ContributionsGiftsGrantsEtcAmt>
      <ProgramServiceRevenueAmt>55502</ProgramServiceRevenueAmt>
      <TotalRevenueAmt>171585</TotalRevenueAmt>
      <PrintingPublicationsPostageAmt>524</PrintingPublicationsPostageAmt>
      <OtherExpensesTotalAmt>142847</OtherExpensesTotalAmt>
      <TotalExpensesAmt>143371</TotalExpensesAmt>
      <ExcessOrDeficitForYearAmt>28214</ExcessOrDeficitForYearAmt>
      <OtherChangesInNetAssetsAmt>12607</OtherChangesInNetAssetsAmt>
      <NetAssetsOrFundBalancesEOYAmt>40821</NetAssetsOrFundBalancesEOYAmt>
      <CashSavingsAndInvestmentsGrp>
        <EOYAmt>40821</EOYAmt>
      </CashSavingsAndInvestmentsGrp>
      <Form990TotalAssetsGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>40821</EOYAmt>
      </Form990TotalAssetsGrp>
      <NetAssetsOrFundBalancesGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>40821</EOYAmt>
      </NetAssetsOrFundBalancesGrp>
      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <PrimaryExemptPurposeTxt>THE ORGANIZATION RAISES FUNDS TO SUPPORT COMMUNITY IMPACT PROGRAMS THAT FURTHER ITS MISSION TO EDUCATE, INSPIRE AND ENCOURAGE CHILDREN AND YOUNG ADULTS THROUGHOUT THE COMMONWEALTH OF KENTUCKY PRIMARILY THROUGH TRAINING AND TEAM COMPETITION IN THE SPORT OF BASKETBALL.</PrimaryExemptPurposeTxt>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>HUSTLE BASKETBALL FEATURES PROGRAMS OF ALL LEVELS FROM DEVELOPMENTAL LEAGUES, TO INDIVIDUAL TRAININGS, TO AAU. THE HUSTLE BASKETBALL EXPERIENCE INCLUDES A STAFF OF PROFESSIONAL TRAINERS AND COACHES WHO ARE PASSIONATE ABOUT SEEING KIDS GROW AS PLAYERS AND PEOPLE. THE FOUNDATION PROVIDES A FUN, SAFE, AND MEMORABLE EXPERIENCE FOR ALL PARTIES INVOLVED. THE FOUNDATION BRINGS HIGH QUALITY PLAYERS AND TEAMS TOGETHER TO PLAY BASKETBALL, OFFERING AN ATMOSPHERE UNLIKE ANYTHING IN NKY. THE FOUNDATION IMPACT OVER 1,000 FAMILIES IN THE NKY AND CINCINNATI AREA EVERY YEAR.</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>123686</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>GENERAL ASSISTANCE FOR THE HUSTLE BASKETBALL PROGRAM.</DescriptionProgramSrvcAccomTxt>
      </ProgramSrvcAccomplishmentGrp>
      <TotalProgramServiceExpensesAmt>123686</TotalProgramServiceExpensesAmt>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm referenceDocumentId="RetDoc1">TY SIMPSON</PersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
      <ChgMadeToOrgnzngDocNotRptInd>false</ChgMadeToOrgnzngDocNotRptInd>
      <OrganizationHadUBIInd>false</OrganizationHadUBIInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
      <Form1120PolFiledInd>false</Form1120PolFiledInd>
      <MadeLoansToFromOfficersInd>false</MadeLoansToFromOfficersInd>
      <EngagedInExcessBenefitTransInd>false</EngagedInExcessBenefitTransInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <BooksInCareOfDetail>
        <PersonNm>TY SIMPSON</PersonNm>
        <USAddress>
          <AddressLine1Txt>715 BAKEWELL STREET</AddressLine1Txt>
          <CityNm>COVINGTON</CityNm>
          <StateAbbreviationCd>KY</StateAbbreviationCd>
          <ZIPCd>41011</ZIPCd>
        </USAddress>
        <PhoneNum>8592616800</PhoneNum>
      </BooksInCareOfDetail>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <DonorAdvisedFndsInd>false</DonorAdvisedFndsInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <TanningServicesProvidedInd>false</TanningServicesProvidedInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TransactionWithControlEntInd>false</TransactionWithControlEntInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SchoolOperatingInd>false</SchoolOperatingInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <PartVIOfCompOfHghstPdEmplTxt>NONE</PartVIOfCompOfHghstPdEmplTxt>
      <PartVIHghstPdCntrctProfSrvcTxt>NONE</PartVIHghstPdCntrctProfSrvcTxt>
      <FiledScheduleAInd>true</FiledScheduleAInd>
    </IRS990EZ>
    <IRS990ScheduleA documentId="RetDoc4">
      <PubliclySupportedOrg509a2Ind>X</PubliclySupportedOrg509a2Ind>
      <GiftsGrantsContrisRcvd509Grp>
        <CurrentTaxYearAmt>116083</CurrentTaxYearAmt>
        <TotalAmt>116083</TotalAmt>
      </GiftsGrantsContrisRcvd509Grp>
      <GrossReceiptsAdmissionsGrp>
        <CurrentTaxYearAmt>55502</CurrentTaxYearAmt>
        <TotalAmt>55502</TotalAmt>
      </GrossReceiptsAdmissionsGrp>
      <Total509Grp>
        <CurrentTaxYearAmt>171585</CurrentTaxYearAmt>
        <TotalAmt>171585</TotalAmt>
      </Total509Grp>
      <PublicSupportTotal509Amt>171585</PublicSupportTotal509Amt>
      <TotalSupportCalendarYearGrp>
        <CurrentTaxYearAmt>171585</CurrentTaxYearAmt>
        <TotalAmt>171585</TotalAmt>
      </TotalSupportCalendarYearGrp>
      <First5Years509Ind>X</First5Years509Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleO documentId="RetDoc3">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PAGE 1, ITEM B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORIGINAL RETURN HAD THE INCORRECT ZIP CODE. THE AMENDED RETURN HAS THE CORRECT ZIP CODE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 16</FormAndLineReferenceDesc>
        <ExplanationTxt>EXPENSES ADVERTISING &amp; MARKETING 965 COMPUTER EXPENSE 38 SUPPLIES 3,681 RENT &amp; LEASE 1,000 EQUIPMENT 924 CLOUD SOFTWARE 689 CAR &amp; TRUCK 225 TRAVEL 773 BANK SERVICE CHARGES 204 DUES &amp; SUBSCRIPTIONS 34,203 MEALS @ 50% 2,282 PAYPAL FEES 146 REFEREE FEES 40 REPAIR &amp; MAINTENANCE 16 TOURNAMENT FEES 2,730 TRAINING 9,900 UNIFORMS 14,021 UTILITIES 855 HBL AWARDS 423 WITHDRAWAL 1,011 HBL REGISTRATION 149 HBL EXPENSES 62,220 MISC. EXPENSES 6,352 TOTAL 142,847</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 20</FormAndLineReferenceDesc>
        <ExplanationTxt>INCREASE 12,607</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART III</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION RAISES FUNDS TO SUPPORT COMMUNITY IMPACT PROGRAMS THAT FURTHER ITS MISSION TO EDUCATE, INSPIRE AND ENCOURAGE CHILDREN AND YOUNG ADULTS THROUGHOUT THE COMMONWEALTH OF KENTUCKY PRIMARILY THROUGH TRAINING AND TEAM COMPETITION IN THE SPORT OF BASKETBALL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART III, LINE 28</FormAndLineReferenceDesc>
        <ExplanationTxt>HUSTLE BASKETBALL FEATURES PROGRAMS OF ALL LEVELS FROM DEVELOPMENTAL LEAGUES, TO INDIVIDUAL TRAININGS, TO AAU. THE HUSTLE BASKETBALL EXPERIENCE INCLUDES A STAFF OF PROFESSIONAL TRAINERS AND COACHES WHO ARE PASSIONATE ABOUT SEEING KIDS GROW AS PLAYERS AND PEOPLE. THE FOUNDATION PROVIDES A FUN, SAFE, AND MEMORABLE EXPERIENCE FOR ALL PARTIES INVOLVED. THE FOUNDATION BRINGS HIGH QUALITY PLAYERS AND TEAMS TOGETHER TO PLAY BASKETBALL, OFFERING AN ATMOSPHERE UNLIKE ANYTHING IN NKY. THE FOUNDATION IMPACT OVER 1,000 FAMILIES IN THE NKY AND CINCINNATI AREA EVERY YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <CompensationExplanation documentId="RetDoc1">
      <CompensationExplanationGrp>
        <PersonNm>TY SIMPSON</PersonNm>
      </CompensationExplanationGrp>
    </CompensationExplanation>
  </ReturnData>
</Return>
