Nonprofit · EIN 88-2499224
TEAM BARRACUDA WC INC
Tax-exempt · STUART, FL 34994
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $131,660 | $125,246 | $6,414 | $52,051 | $6,840 | $45,211 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Membership dues
- $131,660
Expenses
- Compensation of officers, directors and key employees
- $40,300
- Salaries, compensation and benefits (total)
- $45,040
- Occupancy
- $5,000
- Other expenses
- $75,206
- Program services (functional)
- $59,160
Balance sheet and other
- Total assets, start of year
- $44,694
- Total assets, end of year
- $52,051
- Total liabilities, end of year
- $6,840
- Net assets, end of year
- $45,211
- Cash, savings and investments
- $52,051
- Gross receipts
- $131,660
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS MCMATH | President | 28 | $40,300 |
| CHRISTOPHER SMITH | Vice President | 15 | $0 |
| AMY BYFIELD | Treasurer | 1 | $0 |
| ERIC MCGRATH | Secretary | 1 | $0 |
| JOHN MANGAN | Director | 10 | $0 |
| ANTHONY CALZADILLA | Director | 10 | $0 |
| KIMBERLY MCMATH | Director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1060 NW TERRACE RD, STUART, FL 34994-8931
- In care of
- % THOMAS MCMATH
- Mailing address (990-N for 2023)
- 1060 NW Terrace Road, Stuart FL 34994
- Principal officer (990-N for 2023)
- Thomas McMath, 1060 NW Terrace Road, Stuart FL 34994
- Signed the 990-EZ
- THOMAS MCMATH, President
- Return prepared by
- HR Accounting Solutions LLC
Mission
Provide access to youth wrestlers who want to be elite
Program accomplishments
- Traveling to tournaments inside and outside the state of Florida is pertinent to the success of the kids training. Exposing the wrestlers to different levels of competition takes traveling to other facilities on average of 5 times per month.Expenses $31,255
- Tournaments allow an average of 40 wrestlers per month to compete and further improve on mastering skills. Each tournament requires payment to register and compete ranging from $10-$30 per session.Expenses $16,654
- Wrestling requires certain uniforms and gear that must be worn to compete. Wrestlers are provided with the appropriate uniforms and shoes to ensure they have the opportunity to compete.Expenses $11,251
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 88-2499224
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N60)
- Assets (IRS master file)
- $52,051
- Income (IRS master file)
- $131,660
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $131,660 | $125,246 | $52,051 | IRS |
| 990-N for 2023 Officer: Thomas McMath | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Thomas McMath | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 88-2499224).
Questions about TEAM BARRACUDA WC INC
- What is the EIN of TEAM BARRACUDA WC INC?
- The employer identification number (EIN) of TEAM BARRACUDA WC INC is 88-2499224.
- Is TEAM BARRACUDA WC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to TEAM BARRACUDA WC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEAM BARRACUDA WC 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 TEAM BARRACUDA WC 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 TEAM BARRACUDA WC INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of TEAM BARRACUDA WC INC?
- The 990-N for 2023 names Thomas McMath.
- Who are the officers and directors of TEAM BARRACUDA WC INC?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $40,300 (THOMAS MCMATH, President).
- How much revenue does TEAM BARRACUDA WC INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $131,660, expenses of $125,246 and total assets of $52,051 at year end.
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