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Team First

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

EIN: 275273049 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Team First?

Team First is a New York City-based non-profit educational organization, primarily focused on mentorship and basketball. Their mission is to provide valuable mentorship services while fostering a love for teamwork through basketball. They achieve this by hosting engaging athletic events and conducting mentorship seminars, all exclusively in Brooklyn, NY. These events cater to children with a passion for sports, offering them an opportunity to participate in competitive and enjoyable activities. Team First's initiatives aim to instill important life lessons, such as teamwork, within their participants.


Official website here: www.teamfirstny.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star Rating)

Team First has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts an impressive Accountability & Finance Score of 96%, indicating a high level of transparency and effective financial management. Their independent board composition and adherence to best practices in governance contribute to this favorable evaluation.

Key strengths highlighted include a majority of independent board members, robust financial oversight with no material diversion of assets, and well-documented policies on conflict of interest and whistleblower protection. The organization demonstrates a high program expense ratio at 80.02%, suggesting that a significant portion of its funds directly supports its programs, which is favorable for donors looking for impact-oriented nonprofits.

While the rating showcases Team First's financial health and governance practices, no specific limitations or areas of concern were noted in the data provided. Overall, this nonprofit stands out as a responsible organization committed to its mission and accountable to its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Team First legitimate?

Team First is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team First 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: $508,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,100,175

For more financial information, click here


Official website here: www.teamfirstny.com

What is the mission statement of Team First?

Team First is an educational non-profit organization based in New York City that focuses on mentorship services. They cater to children with a passion for sports by offering mentorship seminars and hosting attractive and competitive athletic events. The primary objective of Team First is to promote teamwork, specifically in basketball, through their Team First Basketball Seminar. Their programs largely revolve around mentorship seminars, all situated in Brooklyn, New York, with the aim of providing guidance and fostering camaraderie among the participants.


Official website here: www.teamfirstny.com

Who is the CEO of Team First?

Tyrone Grant is the Ceo of Team First. The CEO's salary of Team First is $260,920 and their total compensation is $260,920.


Official website here: www.teamfirstny.com

What is the revenue of Team First?

Team First's revenue in 2022 was $2,653,207.


Official website here: www.teamfirstny.com

Who are the executives of Team First and what are their salaries?

The average compensation at Team First during 2022 was $17,299. There are 93 employees at Team First.


Here are 5 key members and their salaries (Team First's CEO's salary is $260,920 and their total compensation is $260,920):


Tyrone Grant (Ceo)
  • Compensation: $260,920
  • Related: $0
  • Other: $0
Dr Yvette Morgan (Executive Dir.)
  • Compensation: $247,732
  • Related: $0
  • Other: $0
Tarik Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephon Barnes (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Elcock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.teamfirstny.com

Where can I find the form 990 for Team First?

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


Official website here: www.teamfirstny.com

Learn more at the official website: www.teamfirstny.com

Mission Statement of Team First

Team First, a non-profit educational organization based in New York City, is dedicated to offering mentorship services to children with a passion for sports. They achieve this by organizing attractive and competitive athletic events. The core of their mission lies in the Team First Basketball Seminar, where they emphasize the significance of teamwork in basketball. Through this seminar, Team First aims to provide valuable mentorship opportunities to the participants, promoting a sense of camaraderie and learning beyond the sport. Their programs primarily focus on conducting mentorship seminars, all of which are located in Brooklyn, NY.

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Impact




October, 2024

Team First has a profound impact on the youth in Brooklyn, NY, by creating opportunities for personal growth through sports. The Team First Basketball Seminar not only focuses on honing athletic skills but also emphasizes the importance of mentorship and teamwork. By providing a platform where children with a passion for sports can engage in competitive athletic events, Team First nurtures essential life skills such as collaboration, discipline, and leadership.

Participants in the seminar benefit from both hands-on coaching and valuable mentorship that fosters their development both on and off the court. This holistic approach encourages young athletes to cultivate resilience and work ethic as they learn to value teamwork over individual success. The community-driven events not only draw in aspiring athletes but also foster a sense of belonging and camaraderie among participants, reinforcing the positive influence of sports in their lives.

Overall, Team First is instrumental in shaping the next generation of leaders and team players, ensuring that the lessons learned in sports translate into successful futures in various aspects of life.




This information is meant to be a general summary of Team First. 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
$2,653,207 (2022)
Expenses
$2,706,501 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,653,207

Assets and Liabilities:

  • Total Assets: $564,634
  • Total Liabilities: $256,533
  • Net Assets: $308,101

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Organization Details

Founding Year

2011

Principal Officer

Tyrone Grant

Main Address

165 COURT STREET 166, BROOKLYN, NY, 11201

NTEE Category

Code: N20 - Recreation

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