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Nonprofit · EIN 92-2983536

HOME TEAM FOUNDATION INC

Tax-exempt · STATEN ISLAND, NY 10309

Financials

$165K$200K2023$254K$252K2024
Revenue Expenses · by fiscal year end
Financials of HOME TEAM FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$253,720$252,440$1,280$3,193$37,166-$33,973
December 31, 2023990$164,820$200,076-$35,256$5,797$41,053-$35,256
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100,388
Program service revenue
$57,829
Investment income
$640
Net income from fundraising events
$94,863
Other revenue
$94,863

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$6,777
Travel
$16,622
Program services (functional)
$227,195
Management and general (functional)
$12,627
Fundraising (functional)
$12,618

Balance sheet and other

Total assets, start of year
$5,797
Total assets, end of year
$3,193
Total liabilities, end of year
$37,166
Net assets, end of year
-$33,973
Net assets without donor restrictions
-$33,973
Gross receipts
$305,560
Employees
0
Year formed
2023
State of legal domicile
NY

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
JOSEPH TAGLIAPresident
Trustee or director, Officer
5$0
BRANDON STURMANChairman
Trustee or director
5$0
JAMES USTUNChairman
Trustee or director, Officer
5$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
BRANDON STURMANCO FOUNDER
Trustee or director
5$0
JOSEPH TAGLIAPRESIDENT
Trustee or director, Officer
5$0
JAMES USTUNCO FOUNDER
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
42 BROOKSIDE LOOP, STATEN ISLAND, NY 10309-4501
Signed the 990
JOSEPH TAGLIA, President
Phone
(732) 768-0066
Return prepared by
Kevin Clampet CPA PLLC

Mission

The Home Team Foundation was founded by parents to provide an athletic outlet for their children to compete in the sport of flag football. The organization started with one team and soon grew to several teams for both boys and girls. The foundation provides coaching and the fundamentals to the game including displaying the benefits of team sports and learning basic fundamentals of teamwork. As the team grew, the founders realized that many young athletes and their families found the travel schedule not only a challenge on the family but also financially. The foundation exists to help support young athletes and the families travel and experience playing across the country on the biggest states against the best competition.

990 for the year ended December 31, 2024

Program accomplishments

  • The foundation exists to help support those young athletes and their families travel and experience playing all across the country, on the biggest stages, against the best competition.
    Expenses $227,195

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
92-2983536
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,193
Income (IRS master file)
$305,560

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$253,720$252,440$3,193XML
990December 2023$164,820$200,076$5,797XML

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 92-2983536).

Questions about HOME TEAM FOUNDATION INC

What is the EIN of HOME TEAM FOUNDATION INC?
The employer identification number (EIN) of HOME TEAM FOUNDATION INC is 92-2983536.
Is HOME TEAM FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to HOME TEAM FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOME TEAM FOUNDATION 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 HOME TEAM FOUNDATION 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 HOME TEAM FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of HOME TEAM FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does HOME TEAM FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $253,720, expenses of $252,440 and total assets of $3,193 at year end.

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