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W20 Foundation

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

EIN: 208982966 ✦ Center moriches, NY ✦ Designated as a 501(c)(3)

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Overview

What is W20 Foundation?

The W20 Foundation, situated in Center Moriches, New York, is a nonprofit organization that primarily focuses on fostering educational and intellectual advancement for deserving students through a scholarship fund. Additionally, they advocate for social responsibility by integrating these values into athletics. Their prominent program, Team Up 4 Community, encourages youth athletes to give back to their communities. In the 2022-2023 school year, this initiative resulted in an impressive 144,587 hours of community service work from over 55,264 Long Island youth athletes, contributing an estimated $1,221,760 in time and resources to local communities. This program also engaged New York and Massachusetts high school athletes in various charitable projects, resulting in a combined total of 178,433 hours volunteered and $851,958 raised for charitable causes.


Official website here: www.teamup4community.org

Is W20 Foundation legitimate?

W20 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. W20 Foundation submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $79,167
Professional Fundraising Fees: $6,746
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.teamup4community.org

What is the mission statement of W20 Foundation?

The W20 Foundation's mission is centered around fostering educational and intellectual growth in deserving students through a scholarship fund. Additionally, the foundation promotes social responsibility among youth athletes by encouraging community service work. In the 2022-2023 school year, the foundation's Team Up 4 Community program resulted in over 55,000 Long Island youth athletes contributing over 144,587 hours of community service, with an estimated value of $1,221,760. This program also encouraged charitable giving, with New York and Massachusetts high school athletes raising over $850,000 for various causes.


Official website here: www.teamup4community.org

Who is the CEO of W20 Foundation?

Stephen Webb is the Vice President of W20 Foundation.


Official website here: www.teamup4community.org

What is the revenue of W20 Foundation?

W20 Foundation's revenue in 2022 was $139,816.


Official website here: www.teamup4community.org

Who are the executives of W20 Foundation and what are their salaries?


Here are 3 key members and their salaries:


Teresa Sellitti-Webb (Vice President)
  • Compensation: $79,167
  • Related: $0
  • Other: $0
Stepehn Webb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Sellitti (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.teamup4community.org

Where can I find the form 990 for W20 Foundation?

W20 Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamup4community.org

Learn more at the official website: www.teamup4community.org

Mission Statement of W20 Foundation

W20 Foundation, a nonprofit organization, is dedicated to fostering educational and intellectual advancement among deserving students. It achieves this through the provision of a scholarship fund. Beyond academics, W20 Foundation promotes social responsibility among youth athletes, serving as a catalyst for community service. In the 2022-2023 school year, the Team Up 4 Community program, an initiative of W20 Foundation, resulted in an impressive 144,587 hours of community service work by over 55,264 Long Island youth athletes. These athletes were involved in 619 community service projects, contributing an estimated $1,221,760 worth of their time and efforts to various communities.

The Team Up 4 Community program also encouraged high school athletes in New York and Massachusetts to participate in the NYSPHSAA and MIAA Community Service Challenges, respectively. The New York challenge saw 20,160 students participating, volunteering a total of 114,273 hours and raising $466,042 for charitable causes. Similarly, the Massachusetts challenge engaged 13,012 students, who volunteered 59,068 hours and raised $384,916 for charitable causes. Through these initiatives, W20 Foundation not only supports the academic growth of students but also encourages them to contribute positively to their communities, instilling values of social responsibility.

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Impact




October, 2024

The W20 Foundation significantly impacts educational advancement and community engagement through its scholarship fund and initiatives encouraging social responsibility among youth athletes. In the 2022-2023 school year, the Team Up 4 Community program led to an impressive 144,587 hours of community service performed by over 55,264 young athletes on Long Island. These athletes took part in 619 projects that contributed an estimated value of $1,221,760 to their communities.

Additionally, the program extends its influence through the NYSPHSAA Community Service Challenge and the MIAA Community Service Challenge. In New York, 20,160 student-athletes engaged in 476 projects, contributing 114,273 volunteer hours and raising $466,042 for charitable causes. Similarly, in Massachusetts, 13,012 student-athletes participated in 297 projects, totaling 59,068 volunteer hours and generating $384,916 for charity.

By fostering a culture of social responsibility and providing educational opportunities, the W20 Foundation enriches both the lives of deserving students and the communities they serve.




This information is meant to be a general summary of W20 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
$139,816 (2022)
Expenses
$175,785 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55
  • Program Service Revenue: $139,761
  • Gross Receipts: $139,816

Assets and Liabilities:

  • Total Assets: $17,498
  • Total Liabilities: $18,084
  • Net Assets: -$586

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GOLF FUNDRAISER

Revenue

$139,761

Organization Details

Founding Year

2007

Principal Officer

Stephen Webb

Main Address

35 BLACKBERRY LANE, CENTER MORICHES, NY, 11934

NTEE Category

Code: B82 - Education

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