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Tbone Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 831065583 ✦ Marco island, FL ✦ Designated as a 501(c)(3)

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Overview

What is Tbone Foundation Inc?

Tbone Foundation Inc, located in Marco Island, Florida, is a dedicated nonprofit organization that specializes in charity fundraising. They primarily achieve this goal through engaging bicycle events. Operating as a recreational and sports-focused fundraising entity, the foundation is committed to making a positive impact in their community and beyond.

Is Tbone Foundation Inc legitimate?

Tbone Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tbone Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Tbone Foundation Inc?

The Tbone Foundation's primary objective is to collect funds for charitable causes, achieving this through organized bicycle events. Serving as a recreational and fundraising organization, it utilizes sports activities to raise funds for various charitable initiatives.

Who is the CEO of Tbone Foundation Inc?

Margo Klingensmith is the Vice President of Tbone Foundation Inc.

What is the revenue of Tbone Foundation Inc?

Tbone Foundation Inc's revenue in 2022 was $1,000.

Who are the executives of Tbone Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


James Boylan (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margo Klingensmith (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Collardey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Tbone Foundation Inc?

Tbone Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Tbone Foundation Inc

Tbone Foundation, a nonprofit organization, is dedicated to raising funds for charitable causes through the medium of bicycle events. Acting as a recreation and sports fundraising entity, Tbone Foundation leverages the popularity of cycling events to generate resources for various charitable initiatives. The organization's mission is to contribute to the betterment of societies and communities by mobilizing resources and fostering camaraderie through cycling events.

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Impact




October, 2024

Tbone Foundation Inc has a significant impact by raising funds for various charities through bicycle events. Based in Marco Island, FL, it engages the community in recreational activities that promote health and well-being while supporting vital causes. By organizing cycling events, the foundation not only creates an avenue for charitable contributions but also fosters a sense of community and encourages active lifestyles. This dual focus on recreation and philanthropy helps generate vital resources for those in need, making a positive difference in the lives of many.




This information is meant to be a general summary of Tbone Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,000 (2022)
Expenses
$713 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,000

Assets and Liabilities:

  • Total Assets: $2,674
  • Total Liabilities: $0
  • Net Assets: $2,674

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Organization Details

Principal Officer

Margo Klingensmith

Main Address

1237 MARTINIQUE CT, MARCO ISLAND, FL, 34145

NTEE Category

Code: N12 - Recreation

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