Overview
What is Team Makers Club Inc?
Team Makers Club Inc is a nonprofit organization situated in Fargo, North Dakota, specifically at NDSU Dept 1200 PO Box 6050. Their primary mission is to offer financial aid, promotion, and spirit for the student athletes and the athletic department of North Dakota State University (NDSU). By raising funds, they aim to help these athletes excel in their respective sports and cover their educational expenses. In 2022, they contributed an impressive sum of $4,500,000 towards their scholarship fund. With a team of 54 employees, Team Makers Club Inc plays a crucial role in supporting and empowering the athletic community at NDSU.
Official website here: www.ndsuteammakers.com
What are the reviews and ratings of this charity?
**Charity : 4 Stars (Charity Navigator Rating 95%)**95%)**
Team Makers Club Inc has earned an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its exceptional performance in the Accountability & Finance beacon. This high rating is attributed solely to its strong financial practices, which include a perfect score for having a majority of independent board members and no material diversions of assets. The organization demonstrates good governance through transparent policies and effective oversight mechanisms.
One of the standout features of Team Makers Club is its remarkably high program expense ratio of 96.40%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization maintains a low fundraising efficiency ratio, spending only $0.02 to raise each dollar. Such metrics suggest a commitment to maximizing the impact of donor contributions.
While user reviews from GreatNonprofits could not be retrieved, the organization’s financial health and governance structure are commendable. Overall, Team Makers Club Inc appears to be a well-managed nonprofit with a strong focus on accountability and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Team Makers Club Inc legitimate?
Team Makers Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team Makers Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,002
For more financial information, click here
Official website here: www.ndsuteammakers.com
What is the mission statement of Team Makers Club Inc?
Team Makers Club Inc's mission is centered around providing financial assistance and promoting the spirit for the student athletes and the athletic department of a specific university, aiming to foster excellence in their athletic programs. The club raises funds to support the athletes' education and athletic endeavors, awarding scholarships to eligible individuals. In 2022, they contributed $4,500,000 towards this scholarship fund.
Official website here: www.ndsuteammakers.com
Who is the CEO of Team Makers Club Inc?
Derrick Lang is the President of Team Makers Club Inc.
Official website here: www.ndsuteammakers.com
What is the revenue of Team Makers Club Inc?
Team Makers Club Inc's revenue in 2022 was $8,782,669.
Official website here: www.ndsuteammakers.com
Who are the executives of Team Makers Club Inc and what are their salaries?
The average compensation at Team Makers Club Inc during 2022 was $3,463. There are 54 employees and 20 volunteers at Team Makers Club Inc.
Here are 13 key members and their salaries:
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- Compensation: $104,500
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Official website here: www.ndsuteammakers.com
Where can I find the form 990 for Team Makers Club Inc?
Team Makers Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ndsuteammakers.com
Learn more at the official website: www.ndsuteammakers.com
Mission Statement of Team Makers Club Inc
Team Makers Club Inc, as a nonprofit organization, is committed to providing financial assistance, promotion, and spirit for the North Dakota State University (NDSU) Athletic Department. Their mission is geared towards aiding the athletic department and its student athletes in achieving excellence. Through their efforts, they offer scholarships to individuals participating in athletics at NDSU, assisting them in covering the costs of their education. In 2022, Team Makers Club Inc contributed over four million five hundred thousand dollars ($4,500,000) towards this scholarship fund. This financial support demonstrates their dedication to empowering and enabling student athletes to excel in their academic and athletic pursuits.
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Impact
July, 2024
Team Makers Club Inc's impact lies in its significant contributions towards the growth and success of student athletes and the NDSU Athletic Department. By raising a substantial amount of $4,500,000 in 2022 for scholarships, Team Makers Club Inc has helped support the educational endeavors of athletes at North Dakota State University. This financial support not only promotes athletic excellence but also fosters a sense of community spirit and pride among the student athletes and the larger NDSU community in Fargo, ND.他
This information is meant to be a general summary of Team Makers Club 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 2022.
- Investment Income: $351,979
- Program Service Revenue: $709,535
- Gross Receipts: $52,668,391
Assets and Liabilities:
- Total Assets: $23,222,887
- Total Liabilities: $7,388,234
- Net Assets: $15,834,653
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$423,257
Tailgate Reservations
Revenue
$236,110
Organization Details
Founding Year
1951
Phone
(701) 277-9271Principal Officer
Derrick Lang
Main Address
NDSU Dept 1200 PO Box 6050, Fargo, ND, 581086050
Website
www.ndsuteammakers.comNTEE Category
Code: B82Z - Education
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