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Tap Cancer Out Inc

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

EIN: 900694278 ✦ Fort mill, SC ✦ Designated as a 501(c)(3)

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Overview

What is Tap Cancer Out Inc?

Tap Cancer Out Inc, based in Fort Mill, South Carolina, is a 501(c)3 nonprofit organization that harnesses the power of the Brazilian Jiu-Jitsu community to support cancer-fighting organizations. Through innovative tournaments like the Twenty Tap Cancer Out BJJ Opens, they encourage competitors to fundraise, purchase merchandise, and contribute in various ways to their mission. These events serve as a crucial source of funding, enabling the organization to fulfill its pledged gifts to beneficiaries. With a dedicated team of six individuals, Tap Cancer Out Inc is committed to raising awareness and providing financial support for cancer-related causes within the realm of Brazilian Jiu-Jitsu.


Official website here: www.tapcancerout.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

Tap Cancer Out Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance, particularly with a high score of 83%. The organization demonstrates a strong commitment to transparency, with an entirely independent board and no material diversion of assets. However, it falls short in certain governance aspects, lacking essential policies such as conflict of interest and whistleblower protections, which could impact its operational integrity.

User feedback from Great Nonprofits presents a contrasting perspective, highlighting significant concerns regarding the quality of events. One reviewer emphasized that while the tournaments serve a noble cause, the organization's expansion has led to compromises in the experience, citing unprofessional referees and unsafe conditions for children participating in matches. This dichotomy suggests that while the organization is financially responsible, the execution of its mission might need substantial improvement.

In summary, Tap Cancer Out Inc showcases strengths in governance and financial management but faces challenges in maintaining the quality of its events and participant safety. The feedback indicates a need for the organization to focus on both the experience it provides to participants and the management of its growth.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Tap Cancer Out Inc legitimate?

Tap Cancer Out Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tap Cancer Out Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $253,818
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,871

For more financial information, click here


Official website here: www.tapcancerout.org

What is the mission statement of Tap Cancer Out Inc?

Tap Cancer Out Inc, as a 501(c)3 non-profit organization, aims to raise awareness and collect funds for cancer-fighting organizations within the Brazilian Jiu-Jitsu community. They accomplish this through unique fundraising events, such as tournaments. Competitors are encouraged to contribute by raising funds, purchasing merchandise, and participating in various supporting activities. These events are essential for the non-profit to fulfill its pledges and provide gifts to its beneficiaries. Tap Cancer Out Inc's mission is to leverage the Brazilian Jiu-Jitsu community to support those battling cancer and contribute to the fight against the disease.


Official website here: www.tapcancerout.org

Who is the CEO of Tap Cancer Out Inc?

Jon Thomas is the President/Chair of Tap Cancer Out Inc.


Official website here: www.tapcancerout.org

What is the revenue of Tap Cancer Out Inc?

Tap Cancer Out Inc's revenue in 2022 was $2,271,679.


Official website here: www.tapcancerout.org

Who are the executives of Tap Cancer Out Inc and what are their salaries?

The average compensation at Tap Cancer Out Inc during 2022 was $53,615. There are 6 employees and 300 volunteers at Tap Cancer Out Inc.


Here are 6 key members and their salaries:


Jon Thomas (President/Chair)
  • Compensation: $138,818
  • Related: $0
  • Other: $0
Becky Thomas (Vp Marketing)
  • Compensation: $115,000
  • Related: $0
  • Other: $0
Mark Amoroso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Myerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geof Corb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tapcancerout.org

Where can I find the form 990 for Tap Cancer Out Inc?

Tap Cancer Out Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tapcancerout.org

Learn more at the official website: www.tapcancerout.org

Mission Statement of Tap Cancer Out Inc

Tap Cancer Out, a recognized 501(c)3 non-profit organization, is committed to raising awareness and generating funds for cancer-fighting organizations, with a significant focus on the Brazilian Jiu-Jitsu community. They achieve this goal through distinctive fundraising events. The mission of Tap Cancer Out is to serve as an intermediary, using the energy and passion of the Brazilian Jiu-Jitsu community to support organizations that are combating cancer. They accomplish this by organizing unique tournaments, such as the Twenty Tap Cancer Out BJJ Opens, which encourage participants to actively engage in fundraising activities, purchase related merchandise, and contribute to the cause in various ways. These events are essential as they enable Tap Cancer Out to provide valuable support to the beneficiary organizations, fulfilling the pledges they have made.

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Impact




July, 2024

Tap Cancer Out Inc's impact is significant in the fight against cancer. Through their unique fundraising events within the Brazilian Jiu-Jitsu community, they raise awareness and funds for cancer-fighting organizations. The Twenty Tap Cancer Out BJJ Opens empower competitors to actively support those who are battling cancer. By participating in these events, individuals contribute to the mission of Tap Cancer Out and help provide crucial support to beneficiaries. Without these initiatives, many cancer-fighting organizations would not receive the essential resources they need to make a difference in the lives of patients and their families.




This information is meant to be a general summary of Tap Cancer Out 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
$2,271,679 (2022)
Expenses
$2,177,954 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,376
  • Gross Receipts: $3,002,591

Assets and Liabilities:

  • Total Assets: $494,680
  • Total Liabilities: $203,241
  • Net Assets: $291,439

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Organization Details

Founding Year

2012

Principal Officer

Jon Thomas

Main Address

1974 Carolina Place 104, Fort Mill, SC, 29708

NTEE Category

Code: N12 - Recreation

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