Nonprofit · EIN 82-5259173
FREE FALL ACTION SPORTS INC
Also known as FREE FALL ACTION SPORTS
Tax-exempt · QUAKERTOWN, PA 18951
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $411,167 | $330,016 | $81,151 | $471,886 | $9,595 | $462,291 |
| December 31, 2024 | 990 | $320,255 | $295,823 | $24,432 | $399,911 | $18,771 | $381,140 |
| December 31, 2023 | 990 | $250,756 | $246,558 | $4,198 | $356,708 | $0 | $356,708 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $361,713
- of which government grants
- $20,000
- Program service revenue
- $23,378
- Investment income
- $9,694
- Net income from sales of inventory
- $16,382
- Other revenue
- $16,382
Expenses
- Grants and similar amounts paid
- $4,000
- Compensation of officers, directors and key employees
- $73,650
- Other salaries and wages
- $136,115
- Salaries, compensation and benefits (total)
- $228,585
- Professional fundraising fees
- $0
- Accounting fees
- $15,650
- Occupancy
- $884
- Travel
- $29
- Depreciation
- $1,975
- Program services (functional)
- $244,137
- Management and general (functional)
- $43,164
- Fundraising (functional)
- $42,715
Balance sheet and other
- Total assets, start of year
- $399,911
- Total assets, end of year
- $471,886
- Total liabilities, end of year
- $9,595
- Net assets, end of year
- $462,291
- Land, buildings and equipment
- $13,332
- Net assets without donor restrictions
- $462,291
- Gross receipts
- $457,126
- Employees
- 22
- Volunteers
- 151
- Year formed
- 2018
- State of legal domicile
- PA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID KRATZ | EXECUTIVE DI Trustee or director, Officer | 10 | $73,650 |
| NATHAN GOOD | PRESIDENT Trustee or director, Officer | 2 | $0 |
| CARLOS VELEZ | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| SAM RIZZO | TREASURER Trustee or director, Officer | 2 | $0 |
| LORELIE HOOVER | SECRETARY Trustee or director, Officer | 2 | $0 |
| RACHELLE BERGEY | MEMBER Trustee or director | 2 | $0 |
| DAVID WALTON | MEMBER Trustee or director | 2 | $0 |
| ROBERT MILLER III | MEMBER Trustee or director | 2 | $0 |
| COURTNEY BURNS | MEMBER Trustee or director | 1 | $0 |
| MICHAEL HARTRANFT | MEMBER Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID KRATZ | EXECUTIVE DI Trustee or director, Officer | 10 | $19,200 |
| NATHAN GOOD | PRESIDENT Trustee or director, Officer | 2 | $0 |
| CARLOS VELEZ | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| SAM RIZZO | TREASURER Trustee or director, Officer | 2 | $0 |
| COURTNEY BURNS | SECRETARY Trustee or director, Officer | 2 | $0 |
| STEVE SCHMIDT | MEMBER Trustee or director | 2 | $0 |
| RACHELLE BERGEY | MEMBER Trustee or director | 2 | $0 |
| DAVID WATSON | MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID KRATZ | EXECUTIVE DI Trustee or director, Officer | 10 | $16,000 |
| NATHAN GOOD | PRESIDENT Trustee or director, Officer | 2 | $0 |
| CARLOS VELEZ | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| SAM RIZZO | TREASURER Trustee or director, Officer | 2 | $0 |
| COURTNEY BURNS | SECRETARY Trustee or director, Officer | 2 | $0 |
| STEVE SCHMIDT | MEMBER Trustee or director | 2 | $0 |
| RACHELLE BERGEY | MEMBER Trustee or director | 2 | $0 |
| DAVID WATSON | MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 670 S MAIN ST, QUAKERTOWN, PA 18951-1827
- In care of
- % DAVID KRATZ
- Mailing address (990-N for 2019)
- 2405 East Swamp Road, Quakertown PA 18951
- Principal officer (990 for 2025)
- DAVID KRATZ, 670 SOUTH MAIN STREET, QUAKERTOWN, PA 18951
- Principal officer (990-N for 2019)
- David Kratz, 107 Redwood Dr, Quakertown PA 18951
- Signed the 990
- DAVID KRATZ, EXECUTIVE DIRECTOR
- Phone
- (267) 490-4808
- Website
- WWW.FREEFALLQTOWN.COM
- Return prepared by
- BEE BERGVALL & CO
Mission
TO PROVIDE ATHLETES AND FANS A POSITIVE, ENCOURAGING ENVIRONMENT WHERE THEY CAN BELONG, DEVELOP SKILLS AND ABILITIES, BE INTRODUCED TO KNOWING AND FOLLOWING JESUS.
Program accomplishments
- TO PROVIDE ATHLETES AND FANS A POSITIVE, ENCOURAGING ENVIRONMENT WHERE THEY CAN BELONG, DEVELOP SKILLS AND ABILITIES, BE INTRODUCED TO KNOWING AND FOLLOWING JESUS.Expenses $244,137 · grants $4,000 · revenue $23,378
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 | 990 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
- 82-5259173
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O20)
- Assets (IRS master file)
- $471,886
- Income (IRS master file)
- $457,126
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $411,167 | $330,016 | $471,886 | IRS |
| 990 | December 2024 | $320,255 | $295,823 | $399,911 | XML |
| 990 | December 2023 | $250,756 | $246,558 | $356,708 | XML |
| 990 | December 2022 | $207,311 | $160,116 | $352,510 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: David Kratz | 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 82-5259173).
Questions about FREE FALL ACTION SPORTS INC
- What is the EIN of FREE FALL ACTION SPORTS INC?
- The employer identification number (EIN) of FREE FALL ACTION SPORTS INC is 82-5259173.
- Is FREE FALL ACTION SPORTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to FREE FALL ACTION SPORTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FREE FALL ACTION SPORTS 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 FREE FALL ACTION SPORTS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FREE FALL ACTION SPORTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FREE FALL ACTION SPORTS INC?
- The 990 for the year ended December 31, 2025 names DAVID KRATZ.
- Who are the officers and directors of FREE FALL ACTION SPORTS INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $73,650 (DAVID KRATZ, EXECUTIVE DI).
- How much revenue does FREE FALL ACTION SPORTS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $411,167, expenses of $330,016 and total assets of $471,886 at year end.
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