Team Parents Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042730920 ✦ Cherry valley, MA ✦ Designated as a 501(c)(3)

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Overview

What is Team Parents Inc?

Team Parents Inc, a nonprofit organization situated in Cherry Valley, Massachusetts, is dedicated to fostering the overall growth and development of children, as well as adults, by offering opportunities for recreation, training, education, and guidance. An essential aspect of their mission involves raising funds to support gymnasts participating in competitions. This financial assistance covers various expenses, such as coach and trainer fees, judges' fees, and entrance fees. In 2022, Team Parents aided around 77 gymnasts in meeting these competition-related costs. Previously, in 2017, they provided assistance to over 100 gymnasts in the same regard. Overall, Team Parents Inc strives to empower individuals in their physical, mental, and character development, enabling them to excel in their chosen sports and activities.

Is Team Parents Inc legitimate?

Team Parents Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team Parents Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Team Parents Inc?

Team Parents Inc's mission is centered around fostering the holistic development of individuals, encompassing both children and adults, through recreational activities, training, education, and guidance. The organization aims to support individuals involved in gymnastics by helping them manage the financial aspects associated with competitions, such as coaches' and judges' fees, entrances, and trainer costs. In 2022, Team Parents aided approximately 77 gymnasts in covering their competition-related expenses, and in 2017, they extended assistance to over 100 gymnasts facing similar financial burdens.

Who is the CEO of Team Parents Inc?

Nancy Berley is the President of Team Parents Inc.

What is the revenue of Team Parents Inc?

Team Parents Inc's revenue in 2022 was $80,049.

Who are the executives of Team Parents Inc and what are their salaries?


Here are 4 key members and their salaries:


Nancy Berley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haley Hathaway (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sadie Vivenzio (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Weagle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Team Parents Inc?

Team Parents Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Team Parents Inc

Team Parents Inc is an organization dedicated to fostering the physical, mental, and character growth of individuals, encompassing both children and adults. Through their efforts, they provide opportunities for recreation, training, education, and guidance. One of their primary objectives is to support gymnasts financially, assisting them in meeting the expenses associated with competitions, such as coaches' and judges' fees, as well as entrance costs. In 2022, Team Parents aided around 77 gymnasts in this regard, while in 2017, they extended this assistance to over 100 gymnasts. By helping these athletes in their competitive journeys, Team Parents contributes to nurturing their talents and fostering their personal growth.

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Impact




August, 2024

Team Parents Inc has a significant impact on the physical, mental, and character development of boys and girls, as well as men and women, through its promotion of recreation, training, education, and guidance. The organization plays a vital role in supporting gymnasts by assisting them in paying fees associated with competitions, such as coaches' fees, trainer fees, judges' fees, and entrance fees. In 2022, Team Parents assisted around 77 gymnasts in covering these competition expenses, showcasing their ongoing commitment to nurturing and enabling aspiring gymnasts.




This information is meant to be a general summary of Team Parents Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$80,049 (2022)
Expenses
$89,516 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $345
  • Program Service Revenue: $68,808
  • Gross Receipts: $94,352

Assets and Liabilities:

  • Total Assets: $81,893
  • Total Liabilities: $0
  • Net Assets: $81,893

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Organization Details

Principal Officer

Nancy Berley

Main Address

148 MAIN STREET, CHERRY VALLEY, MA, 01611

NTEE Category

Code: N60 - Recreation

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