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

THEIR MISSION IN THEIR DETAILED STATEMENT DESCRIBES THEIR CONSTANT DESIRE TO TRAIN OTHERS TO MAINTAIN GOOD HEALTH THRU THEIR LISTED PROGRAMS.THE WIDELY PUBLICIZED AND ORGANIZED RACE EVENTS WILL EDUCATE AND ILLUSTRATE TO BOTH INDIVIDUALS AND GROUPS THE BENEFITS OF HAVING A PHYSICALLY FIT AND ACTIVE LIFESTYLE WHICH IS ACHIEVED THROUGH A REGULAR PROGRAM OF JOGGING, RUNNING OR WALKING. THE ACTIVITIES INCLUDE BOTH PHYSICAL PARTICIPATION IN THE RACE EVENTS IN ADDITION TO ATTENDING CLINICS AND PROGRAMS AND READING VARIOUS MAILOUTS AND PUBLICATIONS ISSUED AND DISTRIBUTED BY THIS ORGANIZATION.

Program Service Accomplishments

Program 1
Expenses: $20,580 Revenue: $20,580

BRANCHES, INC. "SEE STATEMENT SCHEDULE O"

Program 2
Expenses: $20,800 Revenue: $20,800

ROAD RUNNER CLUB "SEE STATEMENT SCHEDULE O"

Program 3
Expenses: $26,975 Revenue: $26,975

UNITED WAY "SEE STATEMENT SCHEDULE O"

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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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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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