The Ironman Foundation Inc
- Assets
- $9.4m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Tampa, FL
- Founding
- 07/2006
- Data as of
- 12/2023
- EIN
- 65-1172979
Organization Overview
The Ironman Foundation Inc is located in Tampa, FL. The organization was established in 2006. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Ironman Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ironman Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ironman Foundation Inc generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ironman Foundation Inc has awarded 311 individual grants totaling $4,739,720. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO LEAVE IRONMAN'S LEGACY THROUGH PHILANTHROPY, VOLUNTEERISM AND GRANT MAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IRONMAN FOUNDATION PROVIDES A GRANT FUNDING PROGRAM TO SUPPORT NONPROFIT INITIATIVES IN COMMUNITIES THROUGH THE COMMUNITY FUND PROGRAM AND A PARTICIPANT FUNDRAISING PROGRAM TO SUPPORT NONPROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shane Facteau President | OfficerTrustee | 2 | $0 |
Nick Paskiewicz Secretary | OfficerTrustee | 2 | $0 |
Lew Friedland Director | Trustee | 1 | $0 |
Julie Moss Director | Trustee | 1 | $0 |
Johnny O'briien Director | Trustee | 1 | $0 |
Audra Tassone-Indeck Executive Director | Officer | 45 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,675,327 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,675,327 |
| Total Program Service Revenue | $0 |
| Investment income | $325,087 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,014,154 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,992,376 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $50,900 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $112,675 |
| Compensation of current officers, directors, key employees. | $36,056 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $356,237 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $55,475 |
| Payroll taxes | $36,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $366 |
| Fees for services: Accounting | $61,072 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,822 |
| Fees for services: Other | $47,164 |
| Advertising and promotion | $43,930 |
| Office expenses | $65,559 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,356 |
| Travel | $122,100 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,608 |
| Total functional expenses | $3,323,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $273,628 |
| Savings and temporary cash investments | $571,505 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $184,272 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,379,088 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,054 |
| Total assets | $9,446,547 |
| Accounts payable and accrued expenses | $199,282 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $8,279 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $207,561 |
| Net assets without donor restrictions | $9,238,986 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,446,547 |
Grants Awarded
Over the last fiscal year, The Ironman Foundation Inc has awarded $460,551 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN STATES ENDURANCE RUN FOUNDATION PURPOSE: SUPPORT SPECIFIC CHARITABLE PROGRAMS | $50,000 |
DESTINATION MADISON FOUNDATION DBA MADISON AREA SPORTS COMMISSION PURPOSE: SUPPORT SPECIFIC CHARITABLE PROGRAMS | $37,340 |
UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT PURPOSE: SUPPORT SPECIFIC CHARITABLE PROGRAMS | $100,894 |
SALT RIVER COMM CHILDREN'S FOUNDATION PURPOSE: SUPPORT SPECIFIC CHARITABLE PROGRAMS | $35,000 |
WALKER COUNTY GOVERNMENT PURPOSE: SUPPORT SPECIFIC CHARITABLE PROGRAMS | $32,000 |
YMCA OF SOUTHEASTERN NORTH CAROLINA PURPOSE: SUPPORT SPECIFIC CHARITABLE PROGRAMS | $25,000 |