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Nonprofit · EIN 93-1688394

TEAM WWF INC

Tax-exempt · INDIANAPOLIS, IN 46227

Financials

$371K$399K2024
Revenue Expenses · by fiscal year end
Financials of TEAM WWF INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$370,638$398,854-$28,216$354,060$19,273$334,787
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$324,953
Program service revenue
$41,819
Investment income
$3,866
Net gain from sales of assets
-$2,161
Other revenue
$0

Expenses

Grants and similar amounts paid
$198,708
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,368
Accounting fees
$3,050
Program services (functional)
$219,326
Management and general (functional)
$84,535
Fundraising (functional)
$94,993

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$354,060
Total liabilities, end of year
$19,273
Net assets, end of year
$334,787
Publicly traded securities
$180,765
Gross receipts
$413,572
Employees
0
Volunteers
2
Year formed
2023
State of legal domicile
IN

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.

NameTitleHours / weekCompensation
MARK MCALISTERPRESIDENT
Officer
20$0
ALORA MCALISTERVICE PRESIDENT
Officer
20$0
KAREN WORKMANSECRETARY/TREASURY
Officer
5$0

Address and contacts

Address (IRS master file)
5445 S EAST ST, INDIANAPOLIS, IN 46227-1919
In care of
% MARK MCALISTER
Principal officer (990 for 2024)
MARK MCALISTER, 5445 S EAST STREET, INDIANAPOLIS, IN 46227
Signed the 990
MARK MCALISTER, PRESIDENT
Phone
(317) 626-5033
Return prepared by
PILE CPA'S

Mission

TEAM WWF WILL PROVIDE YOUNG, DISADVANTAGED, AND MINORITY RACE CAR DRIVERS WITH THE EDUCATION AND TRAINING TO PERMIT THEM TO ADVANCE TO AN ELEVATED LEVEL OF RACING IN NATIONAL COMPETITIONS. TEAM WWF WILL PROVIDE THE INSTRUCTION BY SKILLED PROFESSIONAL DRIVERS AND PROVIDE THE USE OF THE FACILITIES AND RACE CAR SIMULATORS TO ACHIEVE SUCCESS IN TRAINING. RACE CAR DRIVING IS AN EXPENSIVE SPORT AND MANY TALENTED DRIVERS LACK THE FINANCIAL SUPPORT TO PROGRESS IN THE SPORT OF RACE CAR DRIVING. IT IS ESTIMATED THAT ONLY ABOUT FORTY PERCENT OF ALL RACE CAR DRIVERS ARE SELF-SUSTAINING.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION MAINTAINS A PROGRAM-DRIVEN SUITE THROUGHOUT THE RACING SEASON, USING EACH EVENT TO ACTIVELY ENGAGE ATTENDEES, HIGHLIGHT SPONSORED MINORITY AND LOW-INCOME DRIVERS, AND PROMOTE ITS MISSION TO EXPAND ACCESS AND INCLUSION IN MOTORSPORTS. SUITE ADMISSIONS HELP FUND ONGOING DRIVER SPONSORSHIPS AND PROGRAM ACTIVITIES.
    Expenses $219,326 · grants $198,708 · revenue $41,819

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
93-1688394
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$354,060
Income (IRS master file)
$413,572

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$370,638$398,854$354,060XML

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 93-1688394).

Questions about TEAM WWF INC

What is the EIN of TEAM WWF INC?
The employer identification number (EIN) of TEAM WWF INC is 93-1688394.
Is TEAM WWF INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to TEAM WWF INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEAM WWF 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 TEAM WWF 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 TEAM WWF 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 TEAM WWF INC?
The 990 for the year ended December 31, 2024 names MARK MCALISTER.
Who are the officers and directors of TEAM WWF INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does TEAM WWF INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $370,638, expenses of $398,854 and total assets of $354,060 at year end.

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