Team Tacala Charities
- Assets
- $274.7k
- Revenue
- $249.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Vestavia Hills, AL
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 72-1576280
Organization Overview
Team Tacala Charities is located in Vestavia Hills, AL. The organization was established in 2004. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Tacala Charities is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Team Tacala Charities generated $249.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $160.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Team Tacala Charities has awarded 12 individual grants totaling $433,747. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT BOYS AND GIRLS CLUB OF AMERICA AND TEAM PROGRAMMING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OVERSEES AND OPERATES THE FUNDRAISING CAMPAIGN AND GRANT DISTRIBUTION PROCESS FOR THE "TACALA GROUP" THAT OWNS AND OPERATES TACO BELL FRANCHISES IN THE SOUTHEASTERN U.S. FUNDS ARE RAISED PRIMARILY FOR BOYS AND GIRLS CLUBS AND OTHER EDUCATION FOCUSED ORGANIZATIONS BENEFITING TEENS, BUT ARE ALSO EXTENDED TO INCLUDE MANY OTHER CHARITIES WHICH SUPPORT THE YOUTH OF THE COMMUNITIES IN WHICH THE TACALA GROUP DOES BUSINESS.
THE TEAM TACALA CHARITIES SCHOLARSHIP PROGRAM HELPS OUR TEEN TEAM MEMBERS REACH THEIR GOALS FOR POST-HIGH SCHOOL EDUCATION BY OFFERING THEM THE OPPORTUNITY TO APPLY FOR COLLEGE OR POST-SECONDARY VOCATIONAL INSTITUTION SCHOLARSHIPS. IN 2022 TEAM TACALA CHARITIES AWARDED 50 SCHOLARSHIPS TO TEEN TEAM MEMBERS TO ATTEND TWO AND FOUR YEAR COLLEGES OR VOCATIONAL SCHOOLS. EVERY HIGH SCHOOL SENIOR, COLLEGE FRESHMAN AND ONE-TIME SCHOLARSHIP RECIPIENT WHO APPLIED AND MET THE ELIGIBILITY CRITERIA RECEIVED A SCHOLARSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marjorie Perlman President | Trustee | 5 | $0 |
Tim Morrison Secretary | Trustee | 5 | $0 |
Joey Pierson Treasurer | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $268,075 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,218 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $280,293 |
| Total Program Service Revenue | $0 |
| Investment income | $13 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$31,230 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $249,076 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,197 |
| Grants and other assistance to domestic individuals. | $132,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $160,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,662 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $274,662 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $274,662 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $274,662 |
Grants Awarded
Over the last fiscal year, Team Tacala Charities has awarded $363,747 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
JONES VALLEY URBAN FARM PURPOSE: SUPPORT ACTIVITIES | $20,000 |
AG GASTON BOYS AND GIRLS CLUB PURPOSE: SUPPORT ACTIVITIES | $50,000 |
BOYS & GIRLS CLUB OF GREATER LEE COUNTY INC PURPOSE: SUPPORT ACTIVITIES | $10,000 |
BIG BROTHERS BIG SISTERS OF CENTRAL TEXAS INC PURPOSE: SUPPORT ACTIVITIES | $10,000 |
JUNIOR ACHIEVEMENT OF EAST TENNESSEE INC PURPOSE: SUPPORT ACTIVITIES | $17,500 |
BIG BROTHERS BIG SISTERS OF EAST TENNESSEE PURPOSE: SUPPORT ACTIVITIES | $20,000 |