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Nonprofit · EIN 37-1741595

PREP INC

Tax-exempt · TAMPA, FL 33606

Financials

$1.2M$1.1M2023$407K$437K2024
Revenue Expenses · by fiscal year end
Financials of PREP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$406,976$436,647-$29,671$564,625$0$564,625
December 31, 2023990$1,224,861$1,126,989$97,872$595,596$1,300$594,296
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$72,578
Membership dues
$69,578
Program service revenue
$314,886
Investment income
$19,512
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$49,765
Salaries, compensation and benefits (total)
$53,331
Professional fundraising fees
$0
Accounting fees
$2,578
Occupancy
$67,669
Program services (functional)
$432,772
Management and general (functional)
$3,875

Balance sheet and other

Total assets, start of year
$595,596
Total assets, end of year
$564,625
Total liabilities, end of year
$0
Net assets, end of year
$564,625
Net assets without donor restrictions
$564,625
Gross receipts
$406,976
Employees
4
Volunteers
8
Year formed
2013

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RON SALZMANEXECUTIVE DI
Officer
20$0
HAMILTON JONESDIRECTOR
Trustee or director
8$0
ERIC BUSSERDIRECTOR
Trustee or director
2$0
GEORGE GUIDADIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
RON SALZMANEXECUTIVE DI
Officer
20$0
HAMILTON JONESDIRECTOR
Trustee or director
8$0
ERIC BUSSERDIRECTOR
Trustee or director
2$0
GEORGE GUIDADIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
45 DAVIS BLVD, TAMPA, FL 33606-3485
In care of
% RONALD SALZMAN
Principal officer (990 for 2024)
RON SALZMAN, 45 DAVIS BLVD, TAMPA, FL 33606
Signed the 990
HAMILTON JONES, DIRECTOR
Return prepared by
PRIDA GUIDA & PEREZ PA

Mission

TO PROMOTE AND FOSTER THE GROWTH OF YOUTH THROUGH TEAM SPORTS, PERSONAL TRAINING, AND EDUCATION, AS WELL AS PROVIDE COMMUNITY OUTREACH TO BOYS AND GIRLS IN THE GREATER TAMPA BAY AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROMOTES AND FOSTERS THE GROWTH OF YOUTH BASEBALL, SOFTBALL, AND BASKETBALL AS FORMS OF RECREATIONAL AND COMPETITIVE PHYSICAL DEVELOPMENT,AS WELL AS PROVIDES COMMUNITY OUTREACH TO BOYS AND GIRLS IN THE GREATER TAMPA BAY AREA WITH EQUAL OPPORTUNITY TO PARTICIPATE AT THEIR INDIVIDUAL SKILL AND ABILITY LEVEL. THE ORGANIZATION PROVIDES COACHING AND SKILLS TRAINING FOR BASEBALL, SOFTBALL, AND BASKETBALL TEAMS IN THE TAMPA BAY AREA UNDER THE PROPER RULES AND REGULATIONS OF THE SPORTS. THE ORGANIZATION PROMOTES THROUGH THE ACTIONS, ATTITUDE, AND LEADERSHIP OF ITS PARTICIPANTS THE IDEAL OF GOOD SPORTSMANSHIP, AND RESPECT FOR PLAYERS, COACHES, OFFICIALS, AND ADMINISTRATORS. THE ORGANIZATION CREATES ENHANCED OPPORTUNITIES FOR YOUNG ATHLETES TO PARTICIPATE IN LEAGUES, TOURNAMENTS, AND COMPETITIVE EVENTS THAT WILL ENABLE SUCH ATHLETES TO DEVELOP THEIR BASEBALL, SOFTBALL, AND BASKETBALL SKILLS TO THEIR MAXIMUM POTENTIAL. THE ORGANIZATION PROVIDES PERSONAL TRAINING FOCUSED ON PROPER YOUTH AND ADULT EXERCISE FORM, EFFECTIVE AND INNOVATIVE WORKOUT ROUTINES, MODALITIES (CROSSFIT, MUSCLE CONFUSION, ETC.), AND NUTRITION PLANNING THAT ENHANCES THE ATHLETE'S HEALTH, WELLNESS, AND EFFICACY. THE ORGANIZATION OFFERS ACADEMIC MENTORING SERVICES AND DELIVERS EDUCATIONAL OPPORTUNITIES THROUGH ACADEMIC TUTORING, NUTRITIONAL SEMINARS, AND TEAM-BUILDING WORKSHOPS.
    Expenses $432,772 · revenue $314,886

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
37-1741595
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$564,625
Income (IRS master file)
$406,976

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$406,976$436,647$564,625XML
990December 2023$1,224,861$1,126,989$595,596XML
990December 2022$1,436,350$1,256,380$496,424IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-1741595).

Questions about PREP INC

What is the EIN of PREP INC?
The employer identification number (EIN) of PREP INC is 37-1741595.
Is PREP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to PREP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PREP INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PREP INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PREP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PREP INC?
The 990 for the year ended December 31, 2024 names RON SALZMAN.
Who are the officers and directors of PREP INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does PREP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $406,976, expenses of $436,647 and total assets of $564,625 at year end.

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