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Throwdown for the Kids INC

Tax-deductible

Loxahatchee, FL501(c)(3)Since 2023Youth DevelopmentEIN 92-0523911

Our mission is to empower and uplift underserved youth, particularly those affected by foster care and trafficking, by providing them with opportunities, resources, and a supportive community. Our commitment remains unwavering to throw down for a cause that transforms lives and brings hope to the next generation.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 18 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
Is it a real charity?
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
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
3 of 3
years in the black
Looks good: no deficit in the last 3 filings.
Pt I · Ln 19 · 3 filings
How much reaches the programs?
88%
of spending
Looks good: 88% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
Do they have reserves?
2 mo
of spending, in cash
Worth a look: 2.5 months of spending in cash; under 3 is worth a look.
Pt X · Ln 1–2 · Pt I · Ln 18
Do they carry debt?
$0
liabilities
Looks good: debts are 0% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
4
independent of 4 voting board members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$17K
-4% vs prior year
Spent
$15K
To programs
88%
Net assets
$3K
By yearFY2023–FY2025
Revenue
$17K
FY2025▼ -4%
Revenue by fiscal year
FY2023$19K
FY2024$18K
FY2025$17K
Expenses
$15K
FY2025▼ -13%
Expenses by fiscal year
FY2023$18K
FY2024$18K
FY2025$15K
Net assets
$3K
FY2025▲ +136%
Net assets by fiscal year
FY2023$1K
FY2024$1K
FY2025$3K

From the FY2025 Form 990 · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CThrowdown for the Kids INC
EINHdr · item D92-0523911
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 2024
Year of formationHdr · item L2023
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CLoxahatchee, FL
NTEE classificationIRS BMFYouth Development (O12)
WebsiteHdr · item Jwww.throwdownforthekids.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$13K
Management & general12%$2K
Total functional expensesLn 25$15K

Financial health

Is it on solid ground?

Program efficiency
88%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate▲ +178% vs prior filing year
Surplus margin
+11%
revenue over expenses, this year▲ +726% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$3K
FY2025▲ +136%
Total assets by fiscal year
FY2023$1K
FY2024$1K
FY2025$3K
Total liabilities
$0
FY2025
Total liabilities by fiscal year
FY2023$0
FY2024$0
FY2025$0
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$3K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$3K
Total assetsLn 16$3K
Total liabilitiesLn 26$0
Total net assetsLn 32$3K
Months of cash on handcomputed2.5

Statement of Revenue

Part VIII
Other revenue$15K · 86%
Contributions & grants$2K · 14%
Other revenue86%$15K
Contributions & grants14%$2K
Total revenueLn 12$17K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3K · Operating expenses/yr $15K
2.5 months
Where the money goes
Program services
Program services $13K · Total expenses $15K
88%
Management & General
Management & general $2K · Total expenses $15K
12%
Fundraising
Fundraising $0 · Total expenses $15K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $13K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2K · Total revenue $17K
14%
Government reliance
Government grants — · Total revenue $17K
—
Earned-income share
Program service revenue $0 · Total revenue $17K
0%
Investment reliance
Investment income $0 · Total revenue $17K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $15K
0%
Growth & trend
Revenue growth (YoY)
This year $17K · Prior year $18K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $3K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $17K · Expenses $15K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $3K
—
Net-asset ratio
Net assets $3K · Total assets $3K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Derek Bishop · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $15K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $15K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%——
Overhead ratio 12%——
Revenue growth -4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Derek Bishop
President
$0Pt VII · Sec A
Corey Penny
Treasurer
$0Pt VII · Sec A
Jacqueline Penny
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
See Throwdown for the Kids INC executive salaries →

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Governance & Policies

Part VI
  • 4Voting board membersPt VI · Ln 1a
  • 4Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Empowers and uplifts underserved youth, especially those in foster care and affected by trafficking, with opportunities and support.

Provided by the organization

This section is blank until Throwdown for the Kids INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $13K of program spending, described in the organization's own filed words · FY2025.
01

Throwdown for the kids is dedicated to leveraging the power of athletic competitions to make a positive impact on underserved youth. Through our annual functional fitness competitions, we channel the collective energy and passion of participants towards a common goal: supporting organizations like place of hope.

$13Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $40K · 2023–2025
Place of Hope INCFL · FY2025$10,000
Place of Hope INCFL · FY2024$13,000
Place of Hope INCFL · FY2023$17,200

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $17K$15K-4% 990 PDF
FY2024 $18K$18K-6% 990 PDF
FY2023 $19K$18K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2025

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $15,311 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $10,000$10,000
IX-11g Other fees for servicesManagement $1,650$1,650
IX-12 Advertising and promotionPrograms $2,975$2,975
IX-24 Other expenses (24a–d)Programs $522 · Management $164$686
IX-25 Total functional expensesPrograms $13,497 · Management $1,814 · Fundraising $0$15,311

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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