24 7 Foundation
- Assets
- $627.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Flower Mound, TX
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 81-5037276
Organization Overview
24 7 Foundation is located in Flower Mound, TX. The organization was established in 2017. According to its NTEE Classification (N19) the organization is classified as: Support N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 24 7 Foundation 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, 24 7 Foundation generated $23.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $23.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ATHLETIC PROGRAMS AND MENTORING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Imamu Tomlinson President | 5 | $0 | |
Dr Tasha Scott-Tomlinson Secretary | 5 | $0 | |
Jason Thompson Director | 2 | $0 | |
Janae Glaude Director | 2 | $0 | |
Lataria Hall Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,634 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $134 |
| Total Revenue | $23,768 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,910 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $383 |
| Other expenses | $13,396 |
| Total expenses | $23,689 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $627 |
| Other assets | $0 |
| Total assets | $627 |
| Total liabilities | $2,439 |
| Net assets or fund balances | -$1,812 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Football Foundation And College Hall Of Fame Inc Irving, TX | $13,819,643 | $4,609,840 |
Tulsa Healthy Families Association Tulsa, OK | $18,227,063 | $206,573 |
Carlton Woods Properties Inc The Woodlands, TX | $24,510,499 | $405,700 |
Directed Initiatives For Youth Inc Slidell, LA | $0 | $411,400 |
Usa Club Rugby Association Dallas, TX | $517,214 | $719,306 |
Johnson County Heritage Foundation Cleburne, TX | $394,726 | $179,991 |
Austin Softball Umpires Association Inc Austin, TX | $3,342 | $0 |
Cedar Park High School Cheer Booster Club Cedar Park, TX | $52,186 | $0 |
College Baseball Foundation Lubbock, TX | $417,485 | $0 |
Ronnie Coker Wintheday Foundation Bossier City, LA | $12,641 | $0 |
Equipped Lowell, AR | $12,614 | $0 |
New Braunfels Parks Foundation New Braunfels, TX | $1,087,701 | $27,162 |
24 7 Foundation Flower Mound, TX | $627 | $0 |
Camp Dakani Foundation Oklahoma City, OK | $260,745 | $0 |
Robson Ranch Denton Bocce Club Argyle, TX | $55,743 | $0 |
Walker Belden Foundation Boerne, TX | $22,838 | $0 |
Lacombe Recreation Boosters Lacombe, LA | $0 | $0 |
Oci Foundation Plano, TX | $1,605 | $0 |