Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
4 people listed on the 990.
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
Develops youth through sports, training, and education, offering community outreach in Tampa Bay.
Questions for The Prep INC
Your first name shows with your question. The Prep INC answers here, for everyone.
The organization promotes and fosters the growth of youth baseball, softball, and basketball as forms of recreational and competitive physical development,as well as provides community outreach to boys and girls in the greater tampa bay area with equal opportunity to participate at their individual skill and ability level.
Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 37-1741595) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $316K | $496K |
| Total assetsLn 16 | $316K | $496K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $316K | $496K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Management feesLn 11a | $5K | $5K | ||
| Accounting feesLn 11c | $1K | $1K | ||
| Other fees for servicesLn 11g | $963K | $963K | ||
| Advertising and promotionLn 12 | $4K | $4K | ||
| Office expensesLn 13 | $7K | $7K | ||
| Information technologyLn 14 | $9K | $9K | ||
| OccupancyLn 16 | $192K | $192K | ||
| InsuranceLn 23 | $26K | $26K | ||
| Other expenses (24a–d)Ln 24 | $49K | $49K | ||
| All other expensesLn 24e | −$765 | $85 | −$850 | |
| Total functional expensesLn 25 | $1.3M | $1.3M | $5K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Jul 23, 2025 | $407K | $437K | −$30K | $565K | 990 PDF |
| FY2023Filed with the IRS Apr 15, 2025 | $1.2M | $1.1M | $98K | $594K | 990 PDF |
| FY2022 ViewingFiled with the IRS May 11, 2023 | $1.4M | $1.3M | $180K | $496K | 990 PDF |
| FY2021Filed with the IRS Nov 3, 2022 | $1.3M | $1.1M | $196K | $316K | 990 PDF |
| FY2020Filed with the IRS Jul 20, 2021 | $828K | $776K | $51K | $121K | 990 PDF |
Schedules filed Part IV
See the full FY2022 990
Part I · Summary $1,436,350 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 4 to look at
Part VIII · Statement of revenue $1,436,350 across 5 lines filed
Part IX · Statement of functional expenses $1,256,380 across 10 lines filed
Part X · Balance sheet $496,424 assets, 6 lines filed
Part XI · Reconciliation of net assets $496,424 net assets at year end
Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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