Team Red, White & Blue meets the 20 Standards for Charity Accountability.
Team Red, White & Blue (TRWB) works to connect veterans and the community through physical and social activities, leadership development, and veteran athletic camps. The organization's chapter and communities program works to connect veterans and the community through physical and social activity. Weekly fitness activities, monthly social and community service activities and local races and events are held. The organization reports that its leadership development program invests in and empower its volunteers, leaders, and veterans to guarantee a lasting and positive influence in their communities. TRWB's veteran athletic camps provide opportunities for veterans to learn a new sport or activity that they can take home to local chapters. The organization reports that the camps are led and coached by athletes and experts built to inspire veterans to commit to their own health and fitness. The organization has 205 locations operating in the United States and 4 internationally.
For the year ended December 31, 2016, Team Red, White & Blue's program expenses were:
Program services |
$5,464,890 |
Total Program Expenses: |
$5,464,890 |
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Chief Executive
J.J. Pinter, Executive Director
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Compensation*
$123,426
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Chair of the Board
Mike Erwin
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Chair's Profession / Business Affiliation
Founder and Chairman of the Board
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Board Size
11
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Paid Staff Size
28
Method(s) Used:
Grant proposals, Internet, Invitations to fund raising events
Fundraising costs were 6% of related contributions. (Related contributions, which totaled $5,108,030, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Team Red, White & Blue's audited financial statements for the year ended December 31, 2016.
Source of Funds |
Races and special events |
$1,484,823 |
Contributions |
$1,331,691 |
In-kind contributions |
$1,251,449 |
Grants |
$1,040,067 |
Merchandise sales |
$676,233 |
Unrealized gain on investments |
$27,781 |
Investment income |
$9,023 |
Other income |
$3,587 |
Total Income |
$5,824,654 |
- Programs: 87%
- Administrative: 9%
- Fundraising: 4%
Total Income |
$5,824,654 |
Program expenses |
$5,464,890 |
Fundraising expenses |
$282,475 |
Administrative expenses |
$598,584 |
Other expenses |
$0 |
Total expenses: |
$6,345,949 |
Income in Excess of Expenses |
$-521,295 |
Beginning Net Assets |
$3,014,404 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$2,493,109 |
Total Liabilities |
$156,053 |
Total Assets |
$2,649,162 |
Note: According to TRWB's audited financial statements for the year ended December 31, 2016, the organization received in-kind contributions totaling $1,251,449 in the form of advertising and marketing fees ($875,940), chapter expenses ($185,072), merchandise and athletic gear ($180,437), and professional fees ($10,000).