Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
35.37x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
37th percentile
Higher net margin than 37% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
Balance Sheet
Assets
Down$1,585
Down $1,071 (-40%) from 2022
Net Assets
Down-$54,476
Down $2,592 (-5.0%) from 2022
Liabilities
Up$56,061
Up $1,521 (+2.8%) from 2022
Revenue And Expenses
Revenue
Down$101,049
Down $28,838 (-22%) from 2022
Expenses
Down$103,641
Down $20,225 (-16%) from 2022
Net Income
Down-$2,592
Down $8,613 (-143%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 15, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $101,049
Mission and Program Overview
Mission
To serve disadvantaged young people in the Philadelphia, PA area in education, athletics and life skills.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Athletic program to help develop fundamental skills and provide exposure to college coaches for disadvantaged children. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Shawn Gee | Director | PT | $0 | - | - |
| Joseph Meade | Director | - | $0 | - | - |
| Scott Bass | Director | - | $0 | - | - |
| Lori Dumas | Director | - | $0 | - | - |
| Raheemah Shamsid | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Triple Threat Foundation
- EIN
- 26-1151519
- Phone
- 2677840916
- Address
- 1 PRESIDENTIAL BLVD 300, BALA CYNWYD, PA 19004
Signing Officer
- Name
- Shawn Gee
- Title
- Director
- Phone
- 2677840916
- Signed
- 2024-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Berkowitz & Berkowitz CPAs LLC
- Address
- 501 Office Center Drive Suite 2, Fort Washington, PA 19034
- Preparer
- Andrea Berest
- Phone
- 2156530127
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 14
“Description: Depreciation/Amortization. Amount: 83.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Travel for Teams. Amount: 7,170. Description: Tournament Fees. Amount: 32,693. Description: Uniforms. Amount: 39,850. Description: Bank Charges & Fees. Amount: 1,431. Description: Office Expenses. Amount: 662. Description: Insurance. Amount: 2,903. Description: Internet/Telephone. Amount: 1,803. Description: Interest Expense. Amount: 1,943. Description: Books & Subscriptions. Amount: 376. Total to Form 990-EZ, line 16: 88,831.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: Other Depreciable Assets. Beg. of Year Amount: 83. End of Year Amount: 0.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: Credit Card Payable. Beg. of Year Amount: 4,730. End of Year Amount: 8,177. Description: SBA Loan Payable. Beg. of Year Amount: 49,686. End of Year Amount: 47,760. Description: Accrued Payroll Taxes. Beg. of Year Amount: 124. End of Year Amount: 124.”
Raw XML Appendix170 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BALA CYNWYD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 19004 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2573 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1585 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 69015 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
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| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
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| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 14727 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 2656 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1585 |
| IRS990EZ/GrossReceiptsAmt | 0 | 101049 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -51884 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -54476 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -51884 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -54476 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Shawn Gee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Joseph Meade |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Scott Bass |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Lori Dumas |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Raheemah Shamsid |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 83 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 88831 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To serve disadvantaged young people in the Philadelphia, PA area in education, athletics and life skills. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 32034 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Athletic program to help develop fundamental skills and provide exposure to college coaches for disadvantaged children. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | PA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 54540 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 56061 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 103641 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 101049 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 69015 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 95344 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 119829 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 19139 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 155466 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 458793 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 32034 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 34543 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt | 0 | 14711 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt | 0 | 63274 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt | 0 | 35551 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 180113 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 638906 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 101049 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 129887 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 134540 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 82413 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 191017 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 638906 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 101049 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 129887 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 134540 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 82413 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 191017 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 638906 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Depreciation/Amortization. Amount: 83. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Travel for Teams. Amount: 7,170. Description: Tournament Fees. Amount: 32,693. Description: Uniforms. Amount: 39,850. Description: Bank Charges & Fees. Amount: 1,431. Description: Office Expenses. Amount: 662. Description: Insurance. Amount: 2,903. Description: Internet/Telephone. Amount: 1,803. Description: Interest Expense. Amount: 1,943. Description: Books & Subscriptions. Amount: 376. Total to Form 990-EZ, line 16: 88,831. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Other Depreciable Assets. Beg. of Year Amount: 83. End of Year Amount: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: Credit Card Payable. Beg. of Year Amount: 4,730. End of Year Amount: 8,177. Description: SBA Loan Payable. Beg. of Year Amount: 49,686. End of Year Amount: 47,760. Description: Accrued Payroll Taxes. Beg. of Year Amount: 124. End of Year Amount: 124. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SHAWN GEE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2677840916 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TRIPLE THREAT FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TRIP |
| ReturnHeader/Filer/EIN | 0 | 261151519 |
| ReturnHeader/Filer/PhoneNum | 0 | 2677840916 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1 PRESIDENTIAL BLVD 300 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BALA CYNWYD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 19004 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 874224911 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Berkowitz & Berkowitz CPAs LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 501 Office Center Drive Suite 2 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Fort Washington |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 19034 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2156530127 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Andrea Berest |
| ReturnHeader/ReturnTs | 0 | 2024-11-15T15:30:11-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1,585
- Liabilities
- $56,061
- Net assets
- -$54,476
- Revenue
- $101,049
- Expenses
- $103,641
- Net income
- -$2,592