2025-10-22T10:37:14-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2024-01-01 651172979 THE IRONMAN FOUNDATION INC IRON 8138685940 3407 W DR MLK JR BLVD 100 TAMPA FL 33607 SHANE FACTEAU PRESIDENT 8138685940 2025-10-20 1 1 TINA HENTON P00630282 4078021200 2025-10-20 2024 2025-03-06 01:10:19Z SHANE FACTEAU 3407 W DR MLK JR BLVD 100 TAMPA FL 33607 4433754 0 X HTTP://IRONMANFOUNDATION.ORG/ X 2003 FL TO LEAVE IRONMAN'S LEGACY THROUGH PHILANTHROPY, VOLUNTEERISM AND GRANT MAKING. 5 5 6 100 0 0 2675327 2575527 0 0 325087 542543 13740 0 3014154 3118070 2043276 1403889 0 0 560513 458546 0 0 280452 719972 838956 3323761 2701391 -309607 416679 9446547 10200549 207561 102622 9238986 10097927 TO LEAVE IRONMAN'S LEGACY THROUGH PHILANTHROPY, VOLUNTEERISM AND GRANT MAKING; BY SUPPORTING VARIOUS ATHLETIC, COMMUNITY, EDUCATION, HEALTH, HUMAN SERVICES AND PUBLIC BENEFIT NON-PROFIT ORGANIZATIONS AROUND THE WORLD. 0 0 2046650 1403889 IRONMAN FOUNDATION PROVIDES A GRANT FUNDING PROGRAM TO SUPPORT NONPROFIT INITIATIVES IN COMMUNITIES THROUGH THE COMMUNITY FUND PROGRAM AND A PARTICIPANT FUNDRAISING PROGRAM TO SUPPORT NONPROFIT ORGANIZATIONS. 2046650 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 0 1 1 0 FL X X KRISTEN LABBE 8636805615 2001 NORTH FRANKLIN ST 2500 TAMPA FL 33602 SHANE FACTEAU PRESIDENT 2.00 0.00 X X 0 0 0 NICK PASKIEWICZ SECRETARY 2.00 0.00 X X 0 0 0 JOHNNY O'BRIEN BOARD MEMBER 1.00 0.00 X 0 0 0 JULIE MOSS BOARD MEMBER 1.00 0.00 X 0 0 0 ELIZABETH WOOD BOARD MEMBER 1.00 0.00 X 0 0 0 AUDRA TASSONE-INDECK EXECUTIVE DIRECTOR 45.00 0.00 X 0 161180 6981 0 161180 6981 0 0 1 0 0 2575527 2575527 351377 351377 1506850 1315684 191166 191166 191166 3118070 0 0 542543 1403889 1403889 168160 80716 53812 33632 235351 114481 73800 47070 24411 11837 7692 4882 30624 14816 9683 6125 51871 51871 44602 44602 69848 19627 32342 17879 94652 93523 1129 64266 34549 29717 114749 55517 36282 22950 132796 59758 33199 39839 EVENT EXPENSES 163977 157777 6200 MERCHANT PROCESSING FEE 90505 90505 LICENSES AND PERMITS 11370 11370 DUES AND SUBSCRIPTIONS 320 160 160 0 2701391 2046650 374289 280452 273628 141103 571505 625575 184272 2000 58913 58913 0 0 8379088 9357442 38054 74429 9446547 10200549 199282 98078 8279 4544 207561 102622 X 9238986 10097927 9238986 10097927 9446547 10200549 416679 442262 0 X 0 1 X 1 0 X 2071021 2571436 3269864 2675327 2575527 13163175 2071021 2571436 3269864 2675327 2575527 13163175 13163175 183117 346751 296785 325087 351377 1503117 63 69126 13740 82929 14749221 0.89250 0.89390 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 63. 2022 AMOUNT: $ 69,126. 2023 AMOUNT: $ 13,740. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 58913 58913 0 0 X 3515730 442262 442262 3073468 44602 44602 3118070 2656789 0 2656789 44602 44602 2701391 PART IV, LINE 2B: THE FOUNDATION PROVIDES PARTICIPANTS IN IRONMAN EVENTS THE OPPORTUNITY TO VOLUNTARILY FUNDRAISE UNRESTRICTED DOLLARS FOR A TAX-EXEMPT ORGANIZATION OF THEIR CHOICE. PARTICIPANTS WHO ELECT TO FUNDRAISE HAVE A FUNDRAISING CAMPAIGN SETUP THAT IS ADMINISTERED BY THE FOUNDATION. FUNDS RECEIVED ARE FACILITATED THROUGH A THIRD PARTY PROVIDER VIA A FUNDRAISING PLATFORM. FUNDS ARE PAYABLE TO THE FOUNDATION. THE FOUNDATION FOLLOWS THE PROVISIONS OF FASB ASC 958-605, TRANSFER OF ASSETS TO A NOT-FOR-PROFIT ORGANIZATION OR CHARITABLE TRUST THAT RAISES OR HOLDS CONTRIBUTIONS FOR OTHERS. FASB ASC 958-605 ESTABLISHES STANDARDS FOR TRANSACTIONS IN WHICH A DONOR MAKES A CONTRIBUTION TO THE FOUNDATION WHICH ACCEPTS AND AGREES TO USE THOSE ASSETS FOR THE BENEFIT OF THE DONOR. FASB ASC 958-605 ALSO ESTABLISHES STANDARDS FOR TRANSACTIONS IN WHICH A DONOR MAKES A TRANSFER TO BENEFIT A THIRD-PARTY CHARITABLE ORGANIZATION AND DOES NOT EXPLICITLY GRANT THE RECEIPT VARIANCE POWER. THE CUSTODIAL FUNDS REPRESENT AMOUNTS REMITTED BY INDIVIDUALS (DONORS) TO THE FOUNDATION THROUGH THE TAX-EXEMPT ORGANIZATION OF THEIR CHOICE FUNDRAISING CAMPAIGN. AMOUNTS RAISED BY PARTICIPANTS ARE A LIABILITY TO THE FOUNDATION UNTIL COMPLETION OF THE PARTICIPANT'S FUNDRAISING CAMPAIGN AND THE REMITTAL OF THE FUNDS SPECIFIC TO THE SELECTED TAX-EXEMPT ORGANIZATION. PROCEEDS FROM THE FUNDRAISING CAMPAIGN, LESS ASSOCIATED ADMINISTRATIVE PROCESSING FEES ARE REMITTED TO THE PARTICIPANT'S CHOSEN TAX-EXEMPT ORGANIZATION. PART X, LINE 2: THE FOUNDATION HAS BEEN RECOGNIZED AS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CHAPTER 220.13 OF THE FLORIDA STATUTES, RESPECTIVELY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PRESENTED IN THESE FINANCIAL STATEMENTS. THE FOUNDATION HAS NOT REPORTED ANY UNRELATED BUSINESS INCOME; HOWEVER, SUCH STATUS IS SUBJECT TO FINAL DETERMINATION UPON EXAMINATION, IF ANY, OF THE RELATED INCOME TAX RETURNS BY THE APPROPRIATE TAXING AUTHORITIES. THE FOUNDATION IS NOT AWARE OF ANY TAX POSITIONS IT HAS TAKEN THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. TAX YEARS AFTER 2021 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES 1 DESTINATION MADISON FOUNDATION DBA MADISON AREA SPORTS COMMISSION 22 EAST MIFFLIN SUITE 200 MADISON WI 53703 201127385 501(C)(3) 37500 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS ETHAN SCHUSTER MEMORIAL FUND FOR SUICIDE PREVENTION AND MENTAL HEALTH (GREA 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 431152398 501(C)(3) 33428 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS WALKER COUNTY GOVERNMENT PO BOX 445 LAFAYETTE GA 30728 586000901 32000 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS SALT RIVER COMM CHILDREN'S FOUNDATION 10005 EAST OSBORN RD SCOTTSDALE AZ 85256 860143787 501(C)(3) 25000 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS LYDIA8 76-6170 PLUMERIA RD KAILUAKONA HI 96740 854138386 501(C)(3) 20576 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS GREATER AUGUSTA SPORTS COUNCIL PO BOX 1331 AUGUSTA GA 30903 581949002 501(C)(3) 14900 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS INTERFAITH OF THE WOODLANDS 4242 INTERFAITH WAY THE WOODLANDS TX 77381 741804123 501(C)(3) 14500 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS BOY SCOUT TROOP 491 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 923896610 501(C)(3) 12750 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS UNIVERSITY OF THE NATIONS 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 990240539 501(C)(3) 12500 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS 1 BETTER CHRIS NIKIC FOUNDATION 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 276601178 501(C)(3) 12146 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS CHILDREN'S HOSPITAL OF LOS ANGELES FOUNDATION 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 951690977 501(C)(3) 12074 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS WASHINGTON COUNTY SCHOOL DISTRICT FDN 121 W TABERNACLE ST GEORGE UT 84770 870439582 501(C)(3) 11000 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS CHALLENGED ATHLETES FOUNDATION 9591 WAPLES ST SAN DIEGO CA 92121 330739596 501(C)(3) 10000 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS ISLAND BREEZE MINISTRIES 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 201630850 501(C)(3) 10000 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS FOREVER FAMILIES THROUGH ADOPTION 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 208879080 501(C)(3) 9078 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS EDUCATION FOR TOMORROW ALLIANCE 3200 COLLEGE PARK DR SUITE E205 CONROE TX 77384 760445272 501(C)(3) 9000 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS LAKE PLACID BAPTIST CHURCH 2253 SARANAC AVE LAKE PLACID NY 12946 222403300 501(C)(3) 8500 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS HOPEKIDS NORTH TEXAS CHAPTER 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 861042378 501(C)(3) 6160 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS ANGEL REACH 900 W DALLAS CONROE TX 77301 205665097 501(C)(3) 6000 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS ECHO HAITI 323 N COLONY CIRCLE WILMINGTON NC 28409 822034086 501(C)(3) 6000 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS KAI OPUA CANOE CLUB 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 237180668 501(C)(3) 6000 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS MONTGOMERY COUNTY OVERDOSE PREVENTION ENDEAVOR (M-COPE) 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 880822067 501(C)(3) 6000 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS THE GATHERING INN 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 841657746 501(C)(3) 6000 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS SPECIAL OLYMPICS WEST HAWAII 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 237173957 501(C)(3) 5800 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS JOHN E TREY SHAUNFIELD III '22 MEMORIAL SCHOLARSHIP 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 740490865 501(C)(3) 5680 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS TYNDALL AIR FORCE BALL COMMITTEE 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 922856383 501(C)(3) 5500 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS TOMMY FUND 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 061245787 501(C)(3) 5157 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS BUDDHIST CHURCH SACRAMENTO - TROOP 50B 3407 W DR MLK JR BLVD STE 100 TAMPA FL 33607 941243674 501(C)(3) 5050 0 N/A N/A SUPPORT SPECIFIC CHARITABLE PROGRAMS 27 1 PART I, LINE 2: THE FOUNDATION OFFERS TWO GRANT PROGRAMS. THE VOLUNTEERISM GRANT PROGRAM PROVIDES DONATIONS TO ORGANIZATIONS THAT HAVE A VOLUNTEERISM COMPONENT TO THEIR ORGANIZATION. GRANTS TYPICALLY RANGE FROM $100 TO $5,000. EACH ORGANIZATION HAS THE ABILITY TO APPLY FOR THESE GRANTS THROUGH AN APPLICATION PROCESS ON THE FOUNDATION'S WEBSITE ANNUALLY. THE SECOND GRANT PROGRAM IS THE COMMUNITY GRANT PROGRAM. THIS PROGRAM OFFERS LARGER DONATIONS TO NON-EXEMPT ORGANIZATIONS IN AN EFFORT TO MAKE AN IMPACT WITHIN THE COMMUNITY OF THE RESPECTIVE NON-EXEMPT ORGANIZATION. THESE GRANTS TYPICALLY RANGE FROM $1,000 TO $40,000. NON-EXEMPT ORGANIZATIONS HAVE THE ABILITY TO APPLY FOR THESE GRANTS THROUGH AN APPLICATION PROCESS ON THE FOUNDATION'S WEBSITE ANNUALLY. FOR BOTH PROGRAMS, GRANTS LESS THAN $10,000 ARE APPROVED BY THE FOUNDATION'S EXECUTIVE DIRECTOR WHILE GRANTS ABOVE $10,000 REQUIRE APPROVAL BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS MONITOR THE USE OF GRANT FUNDS THROUGH DIRECT CONTACT WITH THE RECIPIENT ORGANIZATIONS. GRANTEES MUST USE THE GRANT FUNDING SOLELY FOR THE INTENDED PURPOSE OUTLINED IN THE GRANT APPLICATION AND ANY FUNDS NOT USED FOR THE INTENDED PURPOSE MUST BE RETURNED TO THE FOUNDATION. IN ADDITION, THE GRANTEES MUST PROVIDE AT THE END OF THE GRANT CYCLE AN IMPACT STATEMENT TO THE IRONMAN FOUNDATION. THE IMPACT STATEMENT PROVIDES INFORMATION ON THE SPECIFIC IMPACT THE FUNDING MADE TO THE COMMUNITY. 0 0 0 0 0 0 0 0 0 AUDRA TASSONE-INDECK EXECUTIVE DIRECTOR 0 135305 0 25875 0 0 0 0 0 6981 0 168161 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE FOUNDATION IS WORLD TRIATHLON CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER APPOINTS THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER IS SPECIFICALLY GRANTED THE POWER TO EXERCISE THE FOLLOWING: 1) ELECT AND REMOVE THE FOUNDATION'S BOARD OF DIRECTORS 2) TO APPROVE AMENDMENTS OF THE FOUNDATION'S ARTICLES OF INCORPORATION AND BYLAWS 3) TO APPROVE ALL EXTRAORDINARY TRANSACTIONS OF THE FOUNDATION, INCLUDING WITHOUT LIMITATION, ANY PLANS OF MERGER OF THE FOUNDATION, SALES, LEASES, EXCHANGES, OR OTHER DISPOSITIONS OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY OR ASSETS OF THE FOUNDATION, AND THE DISSOLUTION AND PLAN OF DISTRIBUTION OF THE FOUNDATION FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION DID NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY DURING THE TAX YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY AN OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION SUPPLIED BY MANAGEMENT. AFTER A REVIEW BY THE MANAGEMENT OF THE FOUNDATION, THE BOARD OF DIRECTORS REVIEWS OF THE RETURN BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS, MEMBERS OF ANY COMMITTEES AND EXECUTIVE EMPLOYEES. EVERY COVERED PERSON ANNUALLY SIGNS A STATEMENT THAT AFFIRMS THAT HE OR SHE HAS RECEIVED A COPY OF THIS POLICY, HAS READ AND UNDERSTANDS IT, HAS AGREED TO COMPLY WITH IT, AND COMPLETES THE QUESTIONNAIRE DISCLOSING HIS OR HER ACTUAL AND POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. ALL DISCLOSURES INVOLVING A TRANSACTION OR ARRANGEMENT BEING CONSIDERED AT A MEETING OF THE BOARD OF DIRECTORS OR A COMMITTEE ARE MADE TO ALL MEMBERS PRESENT AT SUCH MEETING. THE BOARD OF DIRECTORS EVALUATES THE DISCLOSURES AND THE MATERIAL FACTS RELATING TO THE TRANSACTION OR ARRANGEMENT GIVING RISE TO THE POTENTIAL CONFLICT OF INTEREST TO DETERMINE WHETHER THEY INVOLVE ACTUAL CONFLICTS OF INTEREST. A COVERED PERSON WHO HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST MAY NOT BE PRESENT FOR ANY PORTION OF A MEETING AT WHICH THE BOARD OF DIRECTORS OR A COMMITTEE IS VOTING TO DETERMINE WHETHER A CONFLICT EXISTS, BUT MAY BE PRESENT PRIOR TO THE VOTE TO MAKE A PRESENTATION TO THE BOARD OR COMMITTEE, TO DISCLOSE ADDITIONAL FACTS, OR TO RESPOND TO QUESTIONS. THE MINUTES OF THE MEETING DOCUMENT ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION'S BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR USING COMPARABILITY DATA. THE COMPENSATION SETTING PROCESS IS ALSO CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS LAST TOOK PLACE IN 2024 FOR THE EXECUTIVE DIRECTOR. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST. WORLD TRIATHLON CORPORATION 3407 W DR MLK JR BLVD SUITE 100 TAMPA FL 33607 IRONMAN EVENTS FL N/A C 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0