Financials

Team RWB 2010 Financial Info  

Program: 56%
Administrative: 42%
Fundraising: 2%

Team RWB acquired 501(c)(3) status from the IRS on July 23, 2010. Therefore, our 2010 IRS-990 is for the five months ended therein. As typical with other not-for-profits in their first year of operations, the start-up costs, namely legal fees to obtain 501(c)(3) status and the original design of our website, are the reason our ratio of money spent on wounded veterans is not higher for this initial tax period. Since inception, Team RWB has not compensated any volunteers, board members, or advocates for their services, work, or time spent. TRWB athletes are not compensated in any way; they donate not only their time in training and participating in athletic events, but also cover all of their own expenses to attend and participate in these activities. We are an organization driven by volunteers who commit their time – the only compensation they receive is the knowledge that they are impacting the lives of America's wounded veterans.

Download the Team RWB 990 Form for 2010 financial information here.