We are Tankproof, a nonprofit that gives youth in under-served communities education and essentials to navigate life's currents. From providing quality swim instruction to feeding hundreds on our neighborhood food routes, we have had the opportunity to impact multiple cities, and will continue to expand to others. Our goal is to provide access, equity, and opportunity through our swimming lessons to make communities safer and even save lives.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-2705011) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
64¢ of each $1 spent went to programs.
Run by 230 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $1K a year · 0.5% of revenue · last 3 filings
A surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
64%
of spending
64% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$15K
to officers and key staff · 5% of spending
Pay to officers and key staff is 5% of spending.
Part VII, Section A
<0.1 mo
of spending, in cash
<0.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $56K
4 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
−$291
-29% of total assets
Liabilities are -29% of assets.
Pt X · Ln 26
Independent board members
0
of 3 voting members
None of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$288K
-10% vs prior year
Spent
$293K
To programs
64%
Net assets
$1K
By yearFY2021–FY2023
Revenue
$288K
FY2023▼ -10%
Tap a bar for its year
Revenue by fiscal year
FY2021$293K
FY2022$320K
FY2023$288K
Expenses
$293K
FY2023▼ -12%
Tap a bar for its year
Expenses by fiscal year
FY2021$278K
FY2022$335K
FY2023$293K
Net assets
$1K
FY2023▼ -80%
Tap a bar for its year
Net assets by fiscal year
FY2021$21K
FY2022$6K
FY2023$1K

From the FY2023 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Jan 2015.

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

Where the money goes

64 cents of each dollar spent went to programs.

Program services 64% · $187K Management & general 36% · $106K

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

3 people listed on the 990; $15K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$13,576Pt VII · Sec A
Vice President
$1,033Pt VII · Sec A
$0Pt VII · Sec A

Thurman Thomas III’s $14K as President is at the 10th percentile of top reported officer pay among 1992 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021
Thurman Thomas III$13,576$9,070$32,892
Torrence L Thomas$1,033$11,280$32,892

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Tankproof executive salaries →

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

Provides youth with swim lessons and food to build confidence and safety.

Questions for Tankproof

Tap to ask. Tankproof sees how many people are interested.

Your first name shows with your question. Tankproof answers here, for everyone.

1 program · $187K · in their own filed words · FY2023
01

Tankprook provides free swim lessons across the united states to under-served communitites.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-2705011) · Dispute this line
$187Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$56K
See all 4 funders →
Grants paid · 1 grant · $18K · 2021–2021
Cool Dads NonprofitTX · FY2021$18,331

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$288K
Ln 12
Gifts and grantsLn 1h$288K
Fees for servicesLn 2g$280
Money outPt IX
$293K
Ln 25
Programscol B$187K
Managementcol C$106K
Owns and owesPt X
$1K
net assets · Ln 32
Cash and savingsLn 1–2$989
Total assetsLn 16$989
LiabilitiesLn 26−$291
PeoplePt VI, VII
3
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$288K
Fees for servicesLn 2g$280
Total revenueLn 12$288K
Assets in detailPt X, end of year
CashLn 1$989
Cash and savings togetherLn 1–2$989
Total assetsLn 16$989
LiabilitiesLn 26−$291
Net assetsLn 32$1K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6230
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$6K$989
Total assetsLn 16$6K$989
LiabilitiesLn 26$0−$291
Net assetsLn 32$6K$1K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$390$390
Pay of officers and key staff (Part IX, line 5)Ln 5$15K$15K
Other salaries and wagesLn 7$113K$99K$14K
Payroll taxesLn 10$13K$12K$1K
Other fees for servicesLn 11g$83K$30K$53K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$13K$13K
OccupancyLn 16$16K$16K
TravelLn 17$27K$22K$5K
Travel and entertainment for public officialsLn 18$3K$3K
InsuranceLn 23$343$343
Other expenses (24a–d)Ln 24$8K$8K
Total functional expensesLn 25$293K$187K$106K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest ViewingFiled with the IRS Jan 15, 2025 $288K$293K−$5K$1K 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $320K$335K−$15K$6K 990 PDF
FY2021Filed with the IRS Oct 14, 2022 $293K$278K$16K$21K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $288,152 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $319,531$287,872
I-9 Program service revenuePrior year $310$280
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $319,841$288,152
I-13 Grants and similar amounts paidPrior year $10$390
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $107,543$140,856
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $227,106$152,001
I-18 Total expensesPrior year $334,659$293,247
I-19 Revenue less expensesPrior year −$14,818−$5,095
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $288,152 across 4 lines filed
VIII-1f All other contributions, gifts and grants$287,872
VIII-1h Total contributions, gifts and grants$287,872
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $280$280
VIII-12 Total revenueRelated to mission $280 · Unrelated business $0 · Excluded from tax $0$288,152
Part IX · Statement of functional expenses $293,247 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $390$390
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $14,608$14,608
IX-7 Other salaries and wagesPrograms $98,976 · Management $14,100$113,076
IX-10 Payroll taxesPrograms $11,753 · Management $1,419$13,172
IX-11g Other fees for servicesPrograms $29,871 · Management $53,074$82,945
IX-12 Advertising and promotionPrograms $1,056$1,056
IX-13 Office expensesManagement $12,783$12,783
IX-16 OccupancyManagement $16,085$16,085
IX-17 TravelPrograms $21,937 · Management $5,486$27,423
IX-18 Travel and entertainment for public officialsManagement $2,992$2,992
IX-23 InsuranceManagement $343$343
IX-24 Other expenses (24a–d)Programs $8,374$8,374
IX-25 Total functional expensesPrograms $186,965 · Management $106,282 · Fundraising $0$293,247
Part X · Balance sheet $989 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $6,129$989
X-16 Total assetsStart of year $6,376$989
X-25 Other liabilitiesStart of year $0−$291
X-26 Total liabilitiesStart of year $0−$291
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $6,376$1,280
X-32 Total net assets or fund balancesStart of year $6,376$1,280
X-33 Total liabilities and net assetsStart of year $6,376$989
Part XI · Reconciliation of net assets $1,280 net assets at year end
XI-1 Total revenue$288,152
XI-2 Total expenses$293,247
XI-3 Revenue less expenses−$5,095
XI-4 Net assets at start of year$6,376
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,280

Form 990 e-file FY2023 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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

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. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home 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, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →