Overview
What is Team Purebred Inc?
Team Purebred Inc, based in Peoria, Illinois, is a nonprofit organization dedicated to the enhancement and development of youth capabilities, both individually and collectively, through swine breeding and raising. By engaging in this activity, they aim to cultivate essential leadership skills in young individuals. They offer educational and career opportunities to foster growth, all while promoting various swine breeds through competition and camaraderie.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Stars (34%)
Team Purebred Inc has received a low rating of 34% from Charity Navigator, resulting in a Zero-Star designation. This rating indicates significant concerns regarding the organization’s accountability and financial transparency. Notably, the charity has no independent board members, which raises questions about governance and oversight.
While the charity has demonstrated some strengths, such as having a conflict of interest policy, whistleblower policy, and proper documentation of board meeting minutes, it struggles with essential areas like financial ratios and online transparency. The absence of a website listed on their tax form and missing tax forms on their website further diminish their score and suggest a lack of commitment to transparency.
Moreover, the program expense ratio is reported as 0.00%, which indicates that funds are not being allocated effectively towards the charity's core mission. Overall, the limited independent oversight and transparency issues are significant limitations for Team Purebred Inc that potential donors and supporters should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Team Purebred Inc legitimate?
Team Purebred Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team Purebred Inc 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: $47,097
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Team Purebred Inc?
Team Purebred Inc is dedicated to fostering the growth and development of youth through the breeding and raising of swine. This organization offers opportunities for individual and group participation, allowing young people to enhance their skills in this area. In addition to improving capabilities in swine production, Team Purebred Inc strives to cultivate leadership abilities by providing educational and career opportunities through competitions and fellowships. These initiatives enable participants to promote various swine breeds and contribute to their development.
What is the revenue of Team Purebred Inc?
Team Purebred Inc's revenue in 2023 was $363,708.
Who are the executives of Team Purebred Inc and what are their salaries?
The average compensation at Team Purebred Inc during 2023 was $47,097. There is 1 employee at Team Purebred Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Team Purebred Inc?
Team Purebred Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Team Purebred Inc
Team Purebred Inc, a renowned nonprofit organization, is dedicated to fostering the growth and development of youth in the realm of swine breeding and raising. The organization offers opportunities for individual and collective progress in this field, instilling essential skills and knowledge. Moreover, Team Purebred Inc goes beyond just agriculture, as it aims to cultivate leadership abilities among its members.
To achieve this mission, Team Purebred Inc provides a platform for youth to engage in swine breeding and raising activities. This hands-on experience allows young people to learn valuable skills, gain confidence, and develop a strong work ethic. Furthermore, the organization encourages group participation, fostering collaboration and teamwork among its members.
In addition to practical experience, Team Purebred Inc offers educational and career opportunities. Through competition and fellowship, youth are exposed to diverse learning experiences and given the chance to showcase their abilities. These events not only serve as platforms for personal growth but also offer opportunities to connect with industry professionals and potential employers.
By combining the improvement and development of youth's capabilities in swine breeding and raising with leadership opportunities, Team Purebred Inc creates a unique and enriching experience for its members. With a focus on both individual and collective progress, the organization empowers young people to reach their full potential.
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Impact
October, 2024
Team Purebred Inc significantly impacts youth development, particularly in the areas of swine breeding and raising. By actively engaging young individuals both individually and through group participation, the organization cultivates essential skills necessary for successful animal husbandry.
Through hands-on experiences and competitive opportunities, Team Purebred Inc helps youth enhance their leadership abilities while fostering a profound appreciation for agriculture. Participants learn valuable lessons in responsibility, teamwork, and dedication, all of which contribute to personal growth and career readiness. The organization's commitment to promoting swine breeds creates a supportive community where young people can build connections, share knowledge, and develop practical skills that will benefit them well into their futures.
This information is meant to be a general summary of Team Purebred 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3
- Program Service Revenue: $164,326
- Gross Receipts: $363,708
Assets and Liabilities:
- Total Assets: $47,256
- Total Liabilities: $0
- Net Assets: $47,256
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VENDOR BOOTH SPACE
Revenue
$5,850
OTHER SERVICES
Revenue
$3,026
BOOTH CLOTHING SALES
Revenue
$466
SHOW/EVENT INCOME
Revenue
$154,984
Organization Details
Founding Year
2010
Principal Officer
Tom Shanafelt
NTEE Category
Code: D20 - Animals
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