Tampa Bay Buccaneers Foundation Inc
Tampa Bay Buccaneers Foundation shows strong revenue and asset growth with no executive compensation.
EIN: 113642571 · Tampa, FL · NTEE: T21 · Updated: 2026-03-28
Is Tampa Bay Buccaneers Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tampa Bay Buccaneers Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tampa Bay Buccaneers Foundation Inc
Tampa Bay Buccaneers Foundation Inc (EIN: 113642571) is a nonprofit organization based in Tampa, FL, classified under NTEE code T21. The organization reported total revenue of $3.8M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tampa Bay Buccaneers Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tampa Bay Buccaneers Foundation Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 20.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$580K |
| Total Assets | $3.3M |
| Total Liabilities | $58K |
| Net Assets | $3.3M |
| Operating Margin | 22.4% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 19.9 months |
Financial Health Grade: A
In 2024, Tampa Bay Buccaneers Foundation Inc reported a surplus of $580K with revenue exceeding expenses, holds 19.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Tampa Bay Buccaneers Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +25.8% | +15.7% | +20.4% |
| 2023 | +242.7% | +481.5% | +14.1% |
| 2022 | -77.5% | -72.9% | +8.9% |
| 2021 | +91.0% | -25.4% | +348.4% |
| 2020 | +40.7% | +87.6% | -13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tampa Bay Buccaneers Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Tampa Bay Buccaneers Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $580K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filings, indicating that no funds are allocated to executive salaries, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Tampa Bay Buccaneers Foundation Inc:
- Consistent revenue growth, from $601,307 in 202203 to $2,593,469 in 202403.
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Healthy asset growth, increasing from $2,424,511 in 202203 to $3,331,566 in 202403.
- Low liabilities relative to assets, with liabilities at $58,146 against assets of $3,331,566 in 202403.
Frequently Asked Questions about Tampa Bay Buccaneers Foundation Inc
Is Tampa Bay Buccaneers Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tampa Bay Buccaneers Foundation Inc (EIN: 113642571) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Tampa Bay Buccaneers Foundation Inc spend its money?
Tampa Bay Buccaneers Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tampa Bay Buccaneers Foundation Inc tax-deductible?
Tampa Bay Buccaneers Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113642571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Tampa Bay Buccaneers Foundation Inc. financially stable?
Yes, the foundation appears financially stable, demonstrating consistent revenue growth from $601,307 in 202203 to $2,593,469 in 202403, and a healthy increase in assets from $2,424,511 to $3,331,566 over the same period.
Does the foundation pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no salaries are paid to executives.
How has the foundation's revenue trended recently?
The foundation has experienced significant revenue growth in recent years, with revenue increasing from $601,307 in 202203 to $2,593,469 in 202403.
Filing History
IRS 990 filing history for Tampa Bay Buccaneers Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Tampa Bay Buccaneers Foundation Inc's revenue has grown by 876.8%, moving from $266K to $2.6M. Total assets increased by 925335% over the same period, from $360 to $3.3M. Total functional expenses rose by 626.4%, from $277K to $2.0M. In its most recent filing year (2024), Tampa Bay Buccaneers Foundation Inc reported a surplus of $580K, with revenue exceeding expenses. The organization holds $58K in liabilities against $3.3M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.6M | $2.0M | $3.3M | $58K | — | View 990 |
| 2023 | $2.1M | $1.7M | $2.8M | $74K | — | View 990 |
| 2022 | $601K | $299K | $2.4M | $52K | — | View 990 |
| 2021 | $2.7M | $1.1M | $2.2M | $156K | — | View 990 |
| 2020 | $1.4M | $1.5M | $496K | $0 | — | View 990 |
| 2019 | $996K | $789K | $575K | $0 | — | View 990 |
| 2018 | $1.1M | $925K | $367K | $0 | — | View 990 |
| 2017 | $968K | $890K | $200K | $0 | — | View 990 |
| 2016 | $389K | $1.2M | $121K | $0 | — | View 990 |
| 2015 | $825K | $644K | $934K | $0 | — | View 990 |
| 2014 | $1.3M | $565K | $752K | $0 | — | View 990 |
| 2013 | $393K | $206K | $45K | $0 | — | View 990 |
| 2012 | $266K | $277K | $360 | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.6M, expenses of $2.0M, and assets of $3.3M (revenue +25.8% year-over-year).
- 2023: Revenue of $2.1M, expenses of $1.7M, and assets of $2.8M (revenue +242.7% year-over-year).
- 2022: Revenue of $601K, expenses of $299K, and assets of $2.4M (revenue -77.5% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.1M, and assets of $2.2M (revenue +91.0% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.5M, and assets of $496K (revenue +40.7% year-over-year).
- 2019: Revenue of $996K, expenses of $789K, and assets of $575K (revenue -8.8% year-over-year).
- 2018: Revenue of $1.1M, expenses of $925K, and assets of $367K (revenue +12.8% year-over-year).
- 2017: Revenue of $968K, expenses of $890K, and assets of $200K (revenue +148.9% year-over-year).
- 2016: Revenue of $389K, expenses of $1.2M, and assets of $121K (revenue -52.8% year-over-year).
- 2015: Revenue of $825K, expenses of $644K, and assets of $934K (revenue -35.1% year-over-year).
- 2014: Revenue of $1.3M, expenses of $565K, and assets of $752K (revenue +224.0% year-over-year).
- 2013: Revenue of $393K, expenses of $206K, and assets of $45K (revenue +47.9% year-over-year).
- 2012: Revenue of $266K, expenses of $277K, and assets of $360.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tampa Bay Buccaneers Foundation Inc:
Data Sources and Methodology
This transparency report for Tampa Bay Buccaneers Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.