TEAM FOOTWORKS EDUCATIONAL & FITNESS CORPORATION

EIN: 650455073 501(c)(3) Recreation & Sports

SOUTH MIAMI, FL

Total Revenue
$2,970,387
Total Expenses
$2,899,710
Total Assets
$472,784
Net Assets
$265,941
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
FL
Principal Officer
LAURIE B HUSEBY
Phone
3056667223
Tax Period
2024-06-01 to 2025-05-31

TEAM FOOTWORKS EDUCATIONAL & FITNESS CORPORATION, founded in 1994, is a community nonprofit in the Recreation & Sports sector that reported $3.0M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

THE MISSION IS TO SUPPORT ORGANIZATIONS CURING DISEASES AND PROMOTING GOOD PHYSICAL HEALTH. THE PURPOSE OF THE ORGANIZATION IS TWOFOLD. WHILE RAISING FUNDS TO BENEFIT ORGANIZATIONS SUCH AS THE UNITED WAY, AN ORGANIZATION DEVOTED TO IMPROVING LIVES AROUND THE WORLD TO ADVANCE THE COMMON GOOD, THEY ALSO SUPPORT OTHER WORTHWHILE CHARITABLE ORGANIZATIONS SEEKING CURES FOR CANCER & OTHER MEDICAL ISSUES. SECONDLY, THIS ENTITY STRIVES TO PROMOTE GOOD HEALTH THROUGH THE PHYSICAL PARTICIPATION OF RACE EVENTS AND THE NUMEROUS CLINICS AND PROGRAMS HELD DURING THE YEAR. THE ORGANIZATION'S CONTINUOUS FUNDRAISING EVENTS REQUIRE THE HIRING OF BOTH PART-TIME AND FULL TIME EMPLOYEES AS WELL AS THE ASSISTANCE FROM OVER 600 VOLUNTEERS FROM THE LOCAL COMMUNITY AND SCHOOLS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $705,233
Program Service Revenue $2,264,793
Investment Income $361
Other Revenue $0
TOTAL REVENUE $2,970,387

Expense Breakdown

Grants Paid $157,037
Salaries & Benefits $1,023,321
Fundraising Expenses $1,489,258
Program Expenses $157,037
Other Expenses $1,719,352
TOTAL EXPENSES $2,899,710

Year-over-Year Comparison

2024 2023 Change
Revenue $2,970,387 $2,560,609 +0.2%
Expenses $2,899,710 $2,714,634 +0.1%
Net Income $70,677 $-154,025 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
31
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$175,750
Total Directors
5
$403,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATHAN WELLMAN DIRECTOR 5.00
Director
$0 $0 $0
KAREN A PLASTER VP/TREASURER/DIRECTOR 40.00
Officer Director
$90,500 $0 $90,500
LAURIE HUSEBY PRESIDENT/SEC/DIRECTOR 40.00
Officer Director
$85,250 $0 $85,250
JONATHAN MALONE DIRECTOR 40.00
Director
$143,500 $0 $143,500
WANDA MCCASKILL DIRECTOR 40.00
Director
$83,750 $0 $83,750
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,970,387 $2,899,710 $472,784 $70,677
2024 $2,560,609 $2,714,634 $420,022 $-154,025
2023 $2,433,603 $2,302,825 $499,289 $130,778
2022 $2,033,614 $2,033,449 $368,511 $165
2021 $526,742 $819,923 $510,047 $-293,181
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