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Nonprofiteer
← TEAM TACALA CHARITIES

Form 990 for tax year 2023

Filed by TEAM TACALA CHARITIES.

Totals

Total revenue
$217,994
Total expenses
$153,121
Contributions and grants received
$273,540
Grants paid
$143,789
Program service revenue
$0
Investment income
$0
Other revenue
-$55,546
Total assets, end of year
$339,535
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$339,535
Program services expenses (Part IX)
$153,121
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$153,121

Program services were 100.0% 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.

  • 1c · Fundraising events

    $268,368

  • 1f · All other contributions, gifts and grants

    $5,172

  • 8a · Fundraising events: gross income

    $40,365

  • 8a · Fundraising events: contributions included on line 1c

    $268,368

  • 8b · Fundraising events: direct expenses

    $95,911

  • 8c · Net income from fundraising events

    total -$55,546 · excluded -$55,546

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $11,579 · program services $11,579

  • 2 · Grants to domestic individuals

    total $132,210 · program services $132,210

  • 24a · Other expenses: SUPPLIES

    total $4,877 · program services $4,877

  • 24b · Other expenses: CREDIT CARD FEES

    total $3,343 · program services $3,343

  • 24c · Other expenses: PROFESSIONAL SERVICES

    total $925 · program services $925

  • 24d · Other expenses: TAXES AND LICENSE EXPEN

    total $187 · program services $187

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $274,662 · end of year $339,535

  • 27 · Net assets without donor restrictions

    beginning of year $274,662 · end of year $339,535

Mission and programs · 2023

Mission

TO SUPPORT TEAM PROGRAMMING

Activities or mission (Part I)

TO SUPPORT BOYS AND GIRLS CLUB OF AMERICA AND TEAM PROGRAMMING

  • THE ORGANIZATION OVERSEES AND OPERATES THE FUNDRAISING CAMPAIGN AND GRANT DISTRIBUTION PROCESS FOR THE "TACALA GROUP" THAT OWNS AND OPERATES TACO BELL FRANCHISES IN THE SOUTHEASTERN U.S. FUNDS ARE RAISED PRIMARILY FOR BOYS AND GIRLS CLUBS AND OTHER EDUCATION FOCUSED ORGANIZATIONS BENEFITING TEENS, BUT ARE ALSO EXTENDED TO INCLUDE MANY OTHER CHARITIES WHICH SUPPORT THE YOUTH OF THE COMMUNITIES IN WHICH THE TACALA GROUP DOES BUSINESS.

    Expenses $17,568 · Grants $11,579

  • THE TEAM TACALA CHARITIES SCHOLARSHIP PROGRAM HELPS OUR TEEN TEAM MEMBERS REACH THEIR GOALS FOR POST-HIGH SCHOOL EDUCATION BY OFFERING THEM THE OPPORTUNITY TO APPLY FOR COLLEGE OR POST-SECONDARY VOCATIONAL INSTITUTION SCHOLARSHIPS. IN 2023 TEAM TACALA CHARITIES AWARDED 65 SCHOLARSHIPS TO TEEN TEAM MEMBERS TO ATTEND TWO AND FOUR YEAR COLLEGES OR VOCATIONAL SCHOOLS. EVERY HIGH SCHOOL SENIOR, COLLEGE FRESHMAN AND ONE-TIME SCHOLARSHIP RECIPIENT WHO APPLIED AND MET THE ELIGIBILITY CRITERIA RECEIVED A SCHOLARSHIP.

    Expenses $135,553 · Grants $132,210

As filed on the 2023 return.

Listed in Part VII

  • Marjorie Perlman

    PRESIDENT

    Total calculated
    $404,618
    From this org
    $0
    From related orgs
    $404,618
    Other
    $0
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $396,958 related
    Bonus
    $0
    Other
    $0 + $7,660 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $404,618 related
  • Joey Pierson

    VICE PRESIDENT

    Total calculated
    $985,117
    From this org
    $0
    From related orgs
    $985,117
    Other
    $0
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $965,400 related
    Bonus
    $0
    Other
    $0 + $19,717 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $985,117 related
  • David Morrison

    SECRETARY

    Total calculated
    $379,287
    From this org
    $0
    From related orgs
    $379,287
    Other
    $0
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $359,570 related
    Bonus
    $0
    Other
    $0 + $19,717 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $379,287 related
  • Ragan Cain

    TREASURER

    Total calculated
    $473,849
    From this org
    $0
    From related orgs
    $473,849
    Other
    $0
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $454,132 related
    Bonus
    $0
    Other
    $0 + $19,717 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $473,849 related

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

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

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • TACALA INVESTMENT CORP

    C · RESTAURANT SALES · AL

Provenance

Return type
form_990
Tax year
2023
Filed
24 April 2024
IRS schema version
2023v5.0
Source object
202431219349300023

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