Sports Factory Foundation

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

EIN: 142012200 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Sports Factory Foundation?

The Sports Factory Foundation is a nonprofit organization that serves its community by offering tutoring and mentoring programs for youth and specialized initiatives catering to adult males aged 50 and above. Their primary aim is to offer mentoring and tutoring solutions to areas that require assistance, striving to make a positive impact in these communities. Their activities encompass various services, aimed at fostering personal growth and development among their target demographics.

Is Sports Factory Foundation legitimate?

Sports Factory Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sports Factory Foundation 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 Sports Factory Foundation?

The Sports Factory Foundation's mission, as stated, is geared towards serving communities in need. It endeavors to offer mentoring and tutoring solutions, specifically targeting youth and adult males aged 50 and above. The foundation's primary objective is to contribute positively to these communities by providing these educational programs.

Who is the CEO of Sports Factory Foundation?

Tony Mccoy is the President of Sports Factory Foundation.

What is the revenue of Sports Factory Foundation?

Sports Factory Foundation's revenue in 2022 was $125,150.

Who are the executives of Sports Factory Foundation and what are their salaries?


Here are 3 key members and their salaries:


Tony Mccoy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Dumas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cedric Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Sports Factory Foundation?

Sports Factory Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Sports Factory Foundation

The Sports Factory Foundation, a community-focused organization, is committed to providing mentoring and tutoring solutions for areas in need. Their mission, in essence, is to support and guide young individuals through educational programs and offer specialized assistance to adult males aged 50 and above. The foundation's goal is to contribute positively to the community by implementing tutoring and mentoring initiatives, aiming to foster personal growth and development among its participants.

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Impact




October, 2024

The Sports Factory Foundation has a significant impact on the Chicago community by offering vital activities and support that enhance the lives of various demographics. Through its tutoring and mentoring programs, it empowers youth, equipping them with essential skills and guidance that foster personal and academic growth. These initiatives help bridge educational gaps and inspire young individuals to pursue their goals with confidence.

Additionally, the foundation recognizes the unique needs of adult males aged 50 and older, providing targeted programs that promote engagement and personal development within this community. This focus not only supports the well-being of older adults but also encourages intergenerational connections that enrich the community fabric.

Overall, the Sports Factory Foundation plays a crucial role in addressing the needs of its community, offering solutions that uplift individuals and strengthen the collective spirit of Chicago.




This information is meant to be a general summary of Sports Factory Foundation. 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
$125,150 (2022)
Expenses
$159,427 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $125,150

Assets and Liabilities:

  • Total Assets: $1,145
  • Total Liabilities: $169,330
  • Net Assets: -$168,185

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Organization Details

Principal Officer

Tony Mccoy

Main Address

6850 SOUTH SHORE DR, CHICAGO, IL, 60649

NTEE Category

Code: N12 - Recreation

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