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Nonprofiteer
← TRUCKING CARES FOUNDATION

Form 990 for tax year 2024

Filed by TRUCKING CARES FOUNDATION.

Totals

Total revenue
$797,648
Total expenses
$272,214
Contributions and grants received
$797,648
Grants paid
$200,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,521,224
Total liabilities, end of year
$40,000
Net assets or fund balances, end of year
$1,481,224
Program services expenses (Part IX)
$253,578
Management and general expenses
$18,636
Fundraising expenses
$0
Program service expenses (Part III)
$253,578

Program services were 93.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $797,648

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $200,000 · program services $200,000

  • 13 · Office expenses

    total $4,091 · management and general $4,091

  • 17 · Travel

    total $608 · program services $608

  • 19 · Conferences, conventions and meetings

    total $5,774 · program services $5,774

  • 21 · Payments to affiliates

    total $50,004 · program services $45,790 · management and general $4,214

  • 22 · Depreciation, depletion and amortization

    total $2,230 · program services $1,406 · management and general $824

  • 24a · Other expenses: SUBSCRIPTIONS

    total $6,663 · management and general $6,663

  • 24b · Other expenses: MISC. EXPENSES

    total $2,844 · management and general $2,844

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $850,239 · end of year $1,213,389

  • 10a · Land, buildings and equipment: cost or other basis

    $26,766

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,230

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $24,536

  • 15 · Other assets

    beginning of year $124,870 · end of year $283,299

  • 17 · Accounts payable and accrued expenses

    beginning of year $19,319 · end of year $40,000

  • 27 · Net assets without donor restrictions

    beginning of year $680,790 · end of year $1,206,224

  • 28 · Net assets with donor restrictions

    beginning of year $275,000 · end of year $275,000

Mission and programs · 2024

Mission

TO IMPROVE THE SAFETY OF THE TRUCKING INDUSTRY AND THE SAFETY, SECURITY, AND SUSTAINABILITY OF AMERICA'S HIGHWAYS AND COMMUNITIES WE SERVE BY SUPPORTING AND PROMOTING RESEARCH, EDUCATION, LEADERSHIP DEVELOPMENT, AND VOLUNTEERISM AND A BROAD RANGE OF CHARITABLE ACTIVITIES TOWARDS THOSE ENDS.

Activities or mission (Part I)

TO IMPROVE THE SAFETY OF THE TRUCKING INDUSTRY THROUGH A BROAD RANGE OF CHARITABLE ACTIVITIES.

  • THE FOUNDATION WAS CREATED TO PROMOTE VOLUNTEERISM AND RAISE MONEY FOR, AND DISTRIBUTE SUCH DONATIONS TO, ORGANIZATIONS WHICH ARE ENGAGED IN PROFESSIONAL, ACADEMIC AND SCIENTIFIC RESEARCH RELATED TO VEHICLE AND HIGHWAY SAFETY AND SECURITY; PROVIDE EDUCATION AND TRAINING AND/OR PROVIDE ACADEMIC AND MERIT SCHOLARSHIPS TO QUALIFYING INDIVIDUALS; BRING AWARENESS TO AND CONTRIBUTE RESOURCES TO FIGHT, OR ASSIST VICTIMS OF, CRIME, HUNGER, AND HOMELESSNESS; PROVIDE DISASTER RELIEF AND HUMANITARIAN SUPPORT TO THOSE IN NEED; AND CONTRIBUTE TO THE HEALTH AND WELL-BEING OF U.S. COMMUNITIES NATIONWIDE.

    Expenses $253,578 · Grants $200,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Christopher Spear

    VICE CHAIRMAN

    Total calculated
    $3,053,292
    From this org
    $0
    From related orgs
    $3,014,727
    Other
    $38,565
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,925,105 related
    Bonus
    $0 + $1,087,300 related
    Other
    $0 + $2,322 related
    Deferred
    $0 + $8,625 related
    Nontaxable benefits
    $0 + $29,940 related
    Filer's total
    $0 + $3,053,292 related
  • John Lynch

    PRESIDENT

    Total calculated
    $327,073
    From this org
    $0
    From related orgs
    $288,025
    Other
    $39,048
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $259,295 related
    Bonus
    $0 + $27,500 related
    Other
    $0 + $1,230 related
    Deferred
    $0 + $8,321 related
    Nontaxable benefits
    $0 + $30,727 related
    Filer's total
    $0 + $327,073 related
  • Philip L Byrd Sr

    CHAIRMAN UNTIL OCT.

    Total calculated
    $0
    Hours/week
    10 + 1 related
  • Greg Owen Director Until

    OCT., THEN CHAIRMAN

    Total calculated
    $0
    Hours/week
    10 + 1 related
  • Susan Fall

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Michael Kelley

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Lance Moll

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Kiely

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • J Richards Todd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jose Samperio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Vanderink

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cari Baylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Greg Hodgen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Kevin Burch

    DIRECTOR AS OF OCT.

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Derek Leathers

    DIRECTOR AS OF OCT.

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • Clint McCoy

    DIRECTOR AS OF OCT.

    Total calculated
    $0
    Hours/week
    1
  • Steve Ponder

    DIRECTOR AS OF OCT.

    Total calculated
    $0
    Hours/week
    1
  • Joey B Hogan

    DIRECTOR UNTIL OCT.

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
TRUCKING CARES FOUNDTION (TCF) EMPLOYEES ARE PAID BY A RELATED ORGANIZATION, THE AMERICAN TRUCKING ASSOCIATIONS, INC. (ATA). ATA USES AN OUTSIDE COMPENSATION CONSULTANT TO CONDUCT AN ANNUAL REVIEW OF THE PRESIDENT & CEO'S COMPENSATION. THE PROCESS INCLUDES A REVIEW OF THE CURRENT CASH COMPENSATION (BASE SALARY PLUS INCENTIVE BONUS AND BENEFITS). SECONDLY, THE CONSULTANT CONDUCTS A MARKET ANALYSIS COMPARING THE CEO'S COMPENSATION WITH THE COMPENSATION OF CEOS OF COMPARABLE TRADE ASSOCIATIONS. THE ATA COMPENSATION COMMITTEE IS A SUBCOMMITTEE OF THE ATA EXECUTIVE COMMITTEE, A SUBCOMMITTEE OF THE ATA BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE CONSIDERS THE RESULTS OF THESE ANALYSES WHEN DETERMINING COMPENSATION LEVELS OF THE CEO. THE SENIOR STAFF'S COMPENSATION IS COMPARED TO COMPENSATION OF COMPARABLE POSITIONS IN A COMPARATOR GROUP OF TRADE ASSOCIATIONS AND REVIEWED BY THE PRESIDENT AND CEO.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
22 October 2025
IRS schema version
2024v5.2
Source object
202523149349301217

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