Fff Academy INC FY2022 filing

Tax-deductible

Weston, FL501(c)(3)Recreation & SportsEIN 82-1562065Revenue $368K in FY2022

On file with the IRSfutsoc.club304 Indian Trace 925, 33326-2996 · Weston, FLTax-exempt since Jun 2017Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

The corporation is organized exclusively for charitable, religious, educational, and scientific purposes as specified in section 501(c)(3) of the internal revenue code, including for such purposes, the making of distributions to organizations that qualify as exempt organizations 501(c) (3) of the internal revenue code, or the corresponding section of any future federal tax code. The specific purposes of the corporation are to become an integral extension of the central core influences of a youth's life, enhancing their personal and athletic development through the assimilation of our sound teachings and philosophies, so that they mature into the most positive social influences in all their future endeavors.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$50K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $13K a year · 3% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$50K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
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
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$368K
-17% vs prior year
Spent
$377K
To programs
89%
Net assets
$46K
By yearFY2020–FY2024
Revenue
$368K
FY2022▼ -17%
Tap a bar for its year
Revenue by fiscal year
FY2020$78K
FY2021$443K
FY2022$368K
FY2023$621K
FY2024$451K
Expenses
$377K
FY2022▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$389K
FY2022$377K
FY2023$550K
FY2024$516K
Net assets
$46K
FY2022▼ -16%
Tap a bar for its year
Net assets by fiscal year
FY2020$1K
FY2021$55K
FY2022$46K
FY2023$117K
FY2024$52K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2017.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $335K Management & general 11% · $42K

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; $50K paid to officers and key staff.

Part VII, Section A · reportable compensation
$50,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Francisco Tamayo’s $74K as Officer is at the 80th percentile of top reported officer pay among 1017 $100K–1M recreation & sports 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
Francisco Tamayo$74,000$62,500$50,500

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 Fff Academy INC 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

Enhances youth personal and athletic development through positive teachings and philosophies.

Questions for Fff Academy INC

Tap to ask. Fff Academy INC sees how many people are interested.

Your first name shows with your question. Fff Academy INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $326K · in their own filed words · FY2022
01

Healthy youth social athletic development soccer

$183Kprogram expense
02

Enigma cup tournament

$143Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$368K
Ln 12
Fees for servicesLn 2g$368K
Money outPt IX
$377K
Ln 25
Programscol B$335K
Managementcol C$42K
Owns and owesPt X
$46K
net assets · Ln 32
Cash and savingsLn 1–2$46K
Total assetsLn 16$46K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$368K
Total revenueLn 12$368K
Assets in detailPt X, end of year
CashLn 1$46K
Cash and savings togetherLn 1–2$46K
Total assetsLn 16$46K
LiabilitiesLn 26$0
Net assetsLn 32$46K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
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 FY22End FY22
Cash and savingsLn 1–2$55K$46K
Total assetsLn 16$55K$46K
LiabilitiesLn 26$0$0
Net assetsLn 32$55K$46K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$156K$156K$69
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$28K$7K$21K
TravelLn 17$15K$9K$6K
Conferences, conventions and meetingsLn 19$172K$162K$9K
Total functional expensesLn 25$377K$335K$42K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $451K$516K−$65K$52K 990 PDF
FY2023 $621K$550K$71K$117K 990 PDF
FY2022 Viewing $368K$377K−$9K$46K 990 PDF
FY2021 $443K$389K$54K$55K 990 PDF
FY2020 $78K$1K 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 FY2022 990 (6 parts)
Part I · Summary $368,037 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $442,719$368,037
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $442,719$368,037
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $388,773$377,028
I-18 Total expensesPrior year $388,773$377,028
I-19 Revenue less expensesPrior year $53,946−$8,991
Part VI · Governance 0 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
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 $368,037 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $368,037$368,037
VIII-12 Total revenueRelated to mission $368,037 · Unrelated business $0 · Excluded from tax $0$368,037
Part IX · Statement of functional expenses $377,028 across 5 lines filed
IX-11g Other fees for servicesPrograms $156,118 · Management $69$156,187
IX-12 Advertising and promotionManagement $5,216$5,216
IX-13 Office expensesPrograms $7,370 · Management $21,063$28,433
IX-17 TravelPrograms $9,461 · Management $5,987$15,448
IX-19 Conferences, conventions and meetingsPrograms $162,428 · Management $9,316$171,744
IX-25 Total functional expensesPrograms $335,377 · Management $41,651 · Fundraising $0$377,028
Part X · Balance sheet $46,236 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $55,227$46,236
X-16 Total assetsStart of year $55,227$46,236
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $55,227$46,236
X-32 Total net assets or fund balancesStart of year $55,227$46,236
X-33 Total liabilities and net assetsStart of year $55,227$46,236
Part XI · Reconciliation of net assets $46,236 net assets at year end
XI-1 Total revenue$368,037
XI-2 Total expenses$377,028
XI-3 Revenue less expenses−$8,991
XI-4 Net assets at start of year$55,227
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$46,236

Form 990 e-file (XML) FY2022 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.