Tommy Lazzaro Foundation

Tax-deductible

Niceville, FL501(c)(3)Since 2025Youth DevelopmentEIN 33-2845885Revenue $61K in FY2025

On file with the IRStommylazzarofoundation.org1205 Oakmont Dr, 32578-4341 · Niceville, FLTax-exempt since Jan 2025Publicly supported — 509(a)(2)

Tell your story. Claim this org

Tommy Lazzaro Foundation is dedicated to empowering underprivileged youth and high school athletes by providing the skills, discipline, and mentorship they need to succeed in athletics, in the classroom, and in life.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
Run by 6 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
96 mo
of spending, in cash
Looks good: 95.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$61K
Spent
$7K
To programs
67%
Net assets
$55K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $5K Management & general 33% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
VP Operations
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Tommy Lazzaro Foundation executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Tommy Lazzaro Foundation is a youth development nonprofit based in Niceville, FL, formed in 2025.

Questions for Tommy Lazzaro Foundation

Tap to ask. Tommy Lazzaro Foundation sees how many people are interested.

Your first name shows with your question. Tommy Lazzaro Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $5K · in their own filed words · FY2025
01

We focus specifically on underprivileged youth and high school athletes, equipping them with the skills, discipline, and scouting connections they need to succeed on the field, in the classroom, and in life.

$5Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$61K
Ln 12
Gifts and grantsLn 1h$58K
Other incomeLn 4–11$4K
Money outPt IX
$7K
Ln 25
Programscol B$5K
Managementcol C$2K
Owns and owesPt X
$55K
net assets · Ln 32
Cash and savingsLn 1–2$55K
Total assetsLn 16$55K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$58K
Fundraising eventsLn 1c$17K
Other incomeLn 4–11$4K
Total revenueLn 12$61K
Assets in detailPt X, end of year
CashLn 1$55K
Cash and savings togetherLn 1–2$55K
Total assetsLn 16$55K
LiabilitiesLn 26$0
Net assetsLn 32$55K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$0$55K
Total assetsLn 16$0$55K
LiabilitiesLn 26$0$0
Net assetsLn 32$0$55K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$720$720
Office expensesLn 13$750$750
TravelLn 17$3K$3K
Other expenses (24a–d)Ln 24$2K$106$2K
Total functional expensesLn 25$7K$5K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $61K$7K$55K$55K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $61,373 revenue, 12 lines filed
I-8 Contributions and grants$57,599
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$3,774
I-12 Total revenue$61,373
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$6,850
I-18 Total expenses$6,850
I-19 Revenue less expenses$54,523
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $61,373 across 5 lines filed
VIII-1c Fundraising events$17,000
VIII-1f All other contributions, gifts and grants$40,599
VIII-1h Total contributions, gifts and grants$57,599
VIII-8 Net income from fundraising eventsExcluded from tax $3,774$3,774
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,774$61,373
Part IX · Statement of functional expenses $6,850 across 4 lines filed
IX-12 Advertising and promotionPrograms $720$720
IX-13 Office expensesPrograms $750$750
IX-17 TravelPrograms $2,997$2,997
IX-24 Other expenses (24a–d)Programs $106 · Management $2,277$2,383
IX-25 Total functional expensesPrograms $4,573 · Management $2,277 · Fundraising $0$6,850
Part X · Balance sheet $54,523 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $0$54,523
X-16 Total assetsStart of year $0$54,523
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$54,523
X-33 Total liabilities and net assetsStart of year $0$54,523
Part XI · Reconciliation of net assets $54,523 net assets at year end
XI-1 Total revenue$61,373
XI-2 Total expenses$6,850
XI-3 Revenue less expenses$54,523
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$54,523

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.