2024-11-14T11:56:24-06:00 2023-12-31 843551139 LEE & CROWLEY LLC 423 W BROADWAY SUITE 304 BOSTON MA 02127 990 2023-01-01 473420747 TB12 FOUNDATION INC TB12 5085434900 PO BOX 269 FOXBORO MA 02035 LISA BORGES CLERK/EXECUTIVE DIRECTOR 5085434900 2024-11-14 1 0 CHRISTOPHER LEE P01571686 6173568220 2024-11-14 X 2023 2024-10-15 13:58:12Z X LISA BORGES PO BOX 269 FOXBORO MA 02035 335027 0 X WWW.TB12FOUNDATION.ORG X 2015 MA TO EDUCATE AND INSPIRE ATHLETES TO EXCEL IN BOTH SPORTS AND LIFE. 6 5 4 25 0 0 810696 275772 0 0 8 13774 0 0 810704 289546 74520 117616 0 0 144866 191859 0 0 76003 205463 140627 424849 450102 385855 -160556 1274476 1078440 61824 26344 1212652 1052096 X OUR MISSION IS TO EDUCATE AND INSPIRE ATHLETES TO EXCEL IN BOTH SPORTS AND LIFE. WE PROVIDE ACCESS TO ATHLETIC, REHABILITATION, AND NUTRITION RESOURCES THAT EMPOWERS THOSE AT-RISK DUE TO ECONOMIC OR HEALTH-RELATED OBSTACLES, TO REACH THEIR PERFORMANCE AND LIFE GOALS. THROUGH OUR SERVICES, WE AIM TO EDUCATE AND HELP ATHLETES IMPROVE LONGEVITY, PREVENT INJURY AND STAY ON THE FIELD, COURT, TRACK OR COURSE DOING WHAT THEY LOVE BETTER - AND FOR LONGER. 0 0 276400 117616 THE FOUNDATION SUPPORTS AT-RISK INDIVIDUALS INCLUDING HIGH SCHOOL AND COLLEGE ATHLETES AS WELL AS MILITARY SERVICE MEMBERS AND FIRST RESPONDERS THROUGH OUR SCHOLARSHIP PROGRAM BY PROVIDING INNOVATIVE HEALTH AND WELLNESS RESOURCES. THROUGH PARTNERSHIPS WITH SCHOOLS AND OTHER NONPROFIT ORGANIZATIONS WHO HAVE SIMILAR GOALS, THE FOUNDATION ALSO SUPPORTS STUDENTS WITH EDUCATIONAL AND PHYSICAL ACTIVITIES TO IMPROVE THEIR HEALTH AND WELLNESS WITH THE GOAL OF ESTABLISHING LIFELONG HEALTHY HABITS. 276400 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 5 0 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X LISA BORGES 5085434900 PO BOX 269 FOXBORO MA 02035 ALEX GUERRERO TERM ENDED 01/2023 1.00 1.50 X X 0 38240 0 SHANNON ZOLLO TERM ENDED 10/2023 0.00 X 0 0 0 KENNETH L HARVEY DIRECTOR 1.00 X 0 0 0 JOHN THORBAHN DIRECTOR 1.00 X 0 0 0 ALICIA CHEVALIER DIRECTOR 1.00 X 0 0 0 GLEN OPENSHAW DIRECTOR 1.00 X 0 0 0 ASHLEY GAUGHRAN TREASURER 1.00 X 0 0 0 LISA BORGES EXECUTIVE DIRECTOR/CLERK 40.00 X 131250 0 0 131250 38240 0 1 0 0 0 TB12 INC 240 PATRIOT PLACE FOXBORO MA 02035 HEALTH AND WELLNESS SERVICES 123107 1 237150 38622 275772 13774 13774 45481 237150 45481 0 289546 0 0 13774 117616 117616 131250 65625 32812 32813 46423 23212 11606 11605 14186 7092 3547 3547 18000 9000 9000 3000 1135 1298 567 29525 11168 12773 5584 11555 11555 15165 6250 8915 5328 3996 1332 6121 6121 SPORTS THERAPY SESSIONS 40306 40306 MISCELLANEOUS EXPENSES 5896 5896 DUES & SUBSCRIPTIONS 5731 5731 450102 276400 97699 76003 1268738 1070184 5738 8256 1274476 1078440 12113 26344 49711 0 61824 26344 X 783058 736402 429594 315694 1212652 1052096 1274476 1078440 -160556 0 X 0 1 X 1 0 X 333931 676324 573359 810696 275772 2670082 467100 467100 333931 676324 1040459 810696 275772 3137182 11665 7500 1500 20665 0 11665 7500 1500 20665 3116517 13774 13774 13774 13774 333931 676324 1040459 810696 289546 3150956 0.98910 0.96520 0.00440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 335027 45481 45481 289546 0 289546 495583 45481 45481 450102 0 450102 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). AN EXEMPTION LETTER FROM THE IRS WAS GRANTED ON DECEMBER 1, 2015 TO THE FOUNDATION EFFECTIVE AS OF MARCH 12, 2015. UNDER ASC 740, AN ORGANIZATION MUST RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE FOUNDATION DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE FOUNDATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, THE FOUNDATION HAS FILED IRS FORM 990 INFORMATION RETURNS, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE SO REQUIRED. THE FOUNDATION'S RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. THERE ARE NO EXAMINATIONS CURRENTLY OCCURRING. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE 45,481. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE 45,481. BOSTON MARATHON 223180 186334 36846 36846 1 59451 50816 8635 8635 282631 237150 45481 45481 45481 0 1 TAMPA BAY SPORTS COMMISSION 201 N FRANKLIN STREET STE 2900 TAMPA FL 33602 593468367 501(C)(3) 25000 2095 FAIR MARKET VALUE DONATED EQUIPMENT PARTNERSHIP SUPPORTING TAMPA BAY SPORTS COMMISSION YOUTH PROGRAMS PINELLAS COUNTY SCHOOLS 301 4TH ST SW LARGO FL 33770 501(C)(3) 0 65435 FAIR MARKET VALUE DONATED EQUIPMENT AND ASSOCIATED SERVICES FOR ATHLETES FROM TB12 SUPPORT STUDENTS WITH EDUCATIONAL AND PHYSICAL ACTIVITIES TO IMPROVE THEIR HEALTH AND WELLNESS WITH THE GOAL OF ESTABLISHING LIFELONG HEALTHY HABITS BROCKTON HIGH SCHOOL 470 FOREST AVENUE BROCKTON MA 02301 0 9743 FAIR MARKET VALUE DONATED EQUIPMENT AND ASSOCIATED SERVICES FOR ATHLETES FROM TB12 SUPPORT STUDENTS WITH EDUCATIONAL AND PHYSICAL ACTIVITIES TO IMPROVE THEIR HEALTH AND WELLNESS WITH THE GOAL OF ESTABLISHING LIFELONG HEALTHY HABITS 2 1 PART I, LINE 2: THE ORGANIZATION HAS CONVERSATIONS WITH PROJECT STAFF AND PERFORMS SITE VISITS TO MONITOR PROGRESS. 0 0 0 0 0 0 0 0 0 ALEX GUERRERO TERM ENDED 01/2023 0 38240 0 0 0 0 0 0 0 0 0 38240 0 0 ALEX GUERRERO NO LONGER A MEMBER AND MANAGER OF TB12 INC. AS OF 1/15/2023 TB12, INC. RESIGNED AS THE SOLE CORPORATE MEMBER OF THE FOUNDATION EFFECTIVE DECEMBER 8, 2023. 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO ALL BOARD MEMBERS. AT THE SUBSEQUENT BOARD MEETING, THE MEMBERS ARE ASKED IF THEY HAVE ANY QUESTIONS OR COMMENTS AND A GENERAL REVIEW OF THE FORM IS CONDUCTED BY MANAGEMENT. REVISIONS, CORRECTIONS ETC ARE MADE AS NECESSARY. SUBSEQUENT TO THIS MEETING, THE FORM IS SUBMITTED TO THE IRS. THE FOUNDATION FILED ITS FIRST TAX RETURN IN 2015. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE ANNUAL PROCESS FOR DETERMINING COMPENSATION IS AS FOLLOWS: TB12 FOUNDATION'S BOARD OF DIRECTORS WILL ANNUALLY EVALUATE THE EXECUTIVE DIRECTOR ON HIS/HER PERFORMANCE, AND ASK FOR HIS/HER INPUT ON MATTERS OF PERFORMANCE AND COMPENSATION. THE EXECUTIVE COMMITTEE WILL OBTAIN RESEARCH AND INFORMATION TO MAKE A RECOMMENDATION TO THE FULL BOARD FOR THE COMPENSATION OF THE EXECUTIVE DIRECTOR (AND OTHER HIGHLY COMPENSATED EMPLOYEES OR CONSULTANTS) BASED ON A REVIEW OF COMPARABILITY DATA. TO APPROVE THE COMPENSATION FOR THE EXECUTIVE DIRECTOR THE BOARD MUST DOCUMENT HOW IT REACHED ITS DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED, IN MINUTES OF THE MEETING DURING WHICH THE COMPENSATION WAS APPROVED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICES DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. TB12 INC 240 PATRIOT PLACE FOXBORO MA 02035 364764853 SPORTS PHYSICAL THERAPY DE C 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 TB12 INC C FMV TB12 INC H 123107 FMV