Skip to main content

Nonprofit · EIN 87-3481729

FLATOUT WITHOUT LIMITS

Tax-exempt · TUCSON, AZ 85715

Financials

$90K$183K2023$65K$107K2024
Revenue Expenses · by fiscal year end
Financials of FLATOUT WITHOUT LIMITS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$65,072$106,793-$41,721$87,707$7,360$80,347
December 31, 2023990$90,164$182,564-$92,400$145,897$29,457$116,440
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$64,276
Program service revenue
$0
Investment income
$796
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$43,883
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$610
Travel
$743
Depreciation
$57,842
Program services (functional)
$104,635
Management and general (functional)
$2,158

Balance sheet and other

Total assets, start of year
$145,897
Total assets, end of year
$87,707
Total liabilities, end of year
$7,360
Net assets, end of year
$80,347
Land, buildings and equipment
$86,762
Gross receipts
$65,072
Employees
0
Year formed
2021
State of legal domicile
AZ

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
Stefan AssegPresident/Treasurer
Trustee or director, Officer
15$0
Frank OldjeVice President
Officer
2$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Stefan AssegPresident/Treasurer
Trustee or director, Officer
15$0
Frank OldjeVice President
Officer
4$0

Address and contacts

Address (IRS master file)
1450 N ARBOR CIR, TUCSON, AZ 85715-5817
In care of
% STEFAN ASSEG
Principal officer (990 for 2024)
Stefan Asseg, 3300 Arctic Blvd UNIT 201, Anchorage, AK 99503
Signed the 990
Stefan Asseg, DirectorPresident
Phone
(248) 525-9528
Return prepared by
AZ SOUTHWEST CPA SERVICES PLLC

Mission

To provide access to adventure and extreme sports for youth, disabled, and sponsored athletes.

990 for the year ended December 31, 2024

Program accomplishments

  • Extreme Sport 1 Drifting - 4 athletes were chose as sponsored athletes in 2024, including two high school-aged athletes and one disabled athlete. Four vehicles modified for drifiting were repaired and maintained for the athletes, then the athletes were allowed to use the vehicle to participate in several race events. Additionally, tires the part of the vehicle that needs replaced at each event were supplied for the four vehicles, as well as supplied to the other one athlete that had her own vehicle. All track fees and safety equipment were provided free of charge for the athletes, as well as racing parts that are needed on the vehicles. Further work continues on acquiring more sponsored athletes.
    Expenses $102,015
  • Extreme Sport 2 Mountain Biking - 2 athletes were chose as sponsored athletes in 2024, including one high school-aged female athlete. The athletes were allowed to use the organizations bicycles to participate in race events and Flatout-sponsored rides. Additionally, all safety equipment was provided to the athletes, as well as maintenance on the bicycles. Further work continues on gaining more sponosored athletes and providing more riding events.
    Expenses $2,620

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
87-3481729
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$87,707
Income (IRS master file)
$65,072

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$65,072$106,793$87,707XML
990December 2023$90,164$182,564$145,897XML
990December 2022$215,574$92,848$213,105IRS
990-EZDecember 2021–––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 87-3481729).

Questions about FLATOUT WITHOUT LIMITS

What is the EIN of FLATOUT WITHOUT LIMITS?
The employer identification number (EIN) of FLATOUT WITHOUT LIMITS is 87-3481729.
Is FLATOUT WITHOUT LIMITS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to FLATOUT WITHOUT LIMITS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FLATOUT WITHOUT LIMITS 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 FLATOUT WITHOUT LIMITS 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 FLATOUT WITHOUT LIMITS 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 FLATOUT WITHOUT LIMITS?
The 990 for the year ended December 31, 2024 names Stefan Asseg.
Who are the officers and directors of FLATOUT WITHOUT LIMITS?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does FLATOUT WITHOUT LIMITS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $65,072, expenses of $106,793 and total assets of $87,707 at year end.

Other nonprofits in TUCSON

All nonprofits in TUCSON · Arizona · Human services