Nonprofit · EIN 30-0774408
ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC
Tax-exempt · PALATKA, FL 32177
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $640,082 | $448,167 | $191,915 | $433,302 | $7,942 | $425,360 |
| December 31, 2023 | 990 | $441,828 | $353,685 | $88,143 | $206,218 | $0 | $206,218 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $376,542
- Membership dues
- $52,745
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $263,540
- Other revenue
- $263,540
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $35,605
- Program services (functional)
- $178,462
- Management and general (functional)
- $87,140
- Fundraising (functional)
- $182,565
Balance sheet and other
- Total assets, start of year
- $206,218
- Total assets, end of year
- $433,302
- Total liabilities, end of year
- $7,942
- Net assets, end of year
- $425,360
- Land, buildings and equipment
- $147,475
- Gross receipts
- $640,082
- Employees
- 0
- Year formed
- 2016
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSTY NEWTON | Safety Training Trustee or director | 0 | $0 |
| CARLOS J HURST | Lead JM Trustee or director | 0 | $0 |
| JUAN ARANGO | Lead DZSO Trustee or director | 0 | $0 |
| ART SHAFFER | Lead Parachute Rigger Trustee or director | 0 | $0 |
| JOHN HOFFSTETTER | Treasurer Officer | 0 | $0 |
| WILLIAM MARKHAM | President Officer | 0 | $0 |
| ERIC LEWIS | Vice President Officer | 0 | $0 |
| RICHARD TURNER | Operations Officer Officer | 0 | $0 |
| RICK RANDALL | Secretary Officer | 0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN HOFFSTETTER | Principal Officer Officer | 10 | $0 |
| WILLIAM MARKHAM | President Officer | 10 | $0 |
| ERIC LEWIS | Vice President Officer | 5 | $0 |
| VAL MARKHAM | Merchandise Officer | 10 | $0 |
| DAVE MUNOZ | Lead Safety Officer Officer | 10 | $0 |
| CARLOS HUNT | Lead Jump Master Officer | 10 | $0 |
| DAVE SIRAK | Public Affairs Officer | 5 | $0 |
| RICK LAMB | Military Liason Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 4015 REID ST, PALATKA, FL 32177-2529
- In care of
- % JOHN HOFFSTETTER
- Mailing address (990-N for 2019)
- 1253 Cunningham Creek Drive, Saint Johns FL 32259
- Principal officer (990 for 2024)
- John Hoffstetter, 4015 Reid Street, Palatka, FL 32177
- Principal officer (990-N for 2019)
- Valerie Markham, 1253 Cunningham Creek Drive, Saint Johns FL 32259
- Signed the 990
- JOHN HOFFSTETTER, President
- Phone
- (719) 310-5852
- Website
- rcptusa.org
- Return prepared by
- Your Tax Boutique LLC
Mission
Honor Paratroopers WWII and Onward, Educate the Public
Program accomplishments
- Train Members to Conduct Demonstrations and Commemorative ParachutingExpenses $99,862 · revenue $216,639
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 30-0774408
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A84)
- Assets (IRS master file)
- $433,302
- Income (IRS master file)
- $640,082
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $640,082 | $448,167 | $433,302 | XML |
| 990 | December 2023 | $441,828 | $353,685 | $206,218 | XML |
| 990 | December 2022 | $357,295 | $299,503 | $0 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2019 Officer: Valerie Markham | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 30-0774408).
Questions about ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC
- What is the EIN of ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC?
- The employer identification number (EIN) of ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC is 30-0774408.
- Is ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names John Hoffstetter.
- Who are the officers and directors of ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does ROUND CANOPY PARACHUTING TEAM-USA FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $640,082, expenses of $448,167 and total assets of $433,302 at year end.
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