Overview
What is Team Footworks Educational & Fitness Corporation?
Team Footworks Educational & Fitness Corporation is a nonprofit organization situated in South Miami, Florida. Their primary mission is to support organizations that combat diseases and promote physical well-being. They achieve this by raising funds for charitable organizations, such as the United Way, which strives to improve lives globally, and other organizations working towards cancer and medical issue cures. Additionally, they promote good health through organized races and various clinics and programs held throughout the year. This engages both full-time and part-time employees and over 600 volunteers from the local community and schools, educating individuals and groups on the benefits of maintaining a physically fit and active lifestyle.
Official website here: www.teamfootworks.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Zero-Star out of Four Star rating (29%).
Team Footworks Educational & Fitness Corporation has received a low rating primarily due to significant deficiencies in its financial accountability and transparency. The overall score reflects a singular focus on accountability and finance, indicating that the organization is not meeting standard expectations in these areas. While the board composition shows full independence, other critical financial metrics raise concerns.
Strengths include a fully independent board and proper documentation for board meetings, which suggests some level of governance integrity. However, the organization struggles with essential financial practices, as evidenced by its zero scores in multiple areas like financial statements, program expense ratio, and several governance policies. These weaknesses indicate a need for improvement in transparency and financial management.
The lack of a conflict of interest policy, whistleblower policy, and inadequate financial disclosures are particularly notable limitations. This raises questions about the organization's operational practices and financial stewardship. Overall, stakeholders looking to support Team Footworks might consider these significant accountability gaps before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Team Footworks Educational & Fitness Corporation legitimate?
Team Footworks Educational & Fitness Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team Footworks Educational & Fitness Corporation 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: $98,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $608,850
For more financial information, click here
Official website here: www.teamfootworks.org
What is the mission statement of Team Footworks Educational & Fitness Corporation?
Team Footworks Educational & Fitness Corporation's mission is centered around supporting organizations dedicated to curing diseases and promoting good physical health. They have a twofold purpose. Firstly, they raise funds for organizations like the United Way, which works globally to enhance lives and promote common good. Secondly, they support various charitable organizations aiming to find cures for conditions such as cancer and other medical issues. In addition, the organization actively promotes health through organizing race events and conducting numerous clinics and programs throughout the year. These events and activities serve to educate individuals and groups on the benefits of maintaining a physically fit and active lifestyle, achieved through regular exercise like jogging, running, or walking.
Official website here: www.teamfootworks.org
Who is the CEO of Team Footworks Educational & Fitness Corporation?
Laurie B Huseby is the Director of Team Footworks Educational & Fitness Corporation.
Official website here: www.teamfootworks.org
What is the revenue of Team Footworks Educational & Fitness Corporation?
Team Footworks Educational & Fitness Corporation's revenue in 2023 was $2,433,603.
Official website here: www.teamfootworks.org
Who are the executives of Team Footworks Educational & Fitness Corporation and what are their salaries?
The average compensation at Team Footworks Educational & Fitness Corporation during 2023 was $47,123. There are 15 employees at Team Footworks Educational & Fitness Corporation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $60,150
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $132,500
- Related: $0
- Other: $0
- Compensation: $56,100
- Related: $0
- Other: $0
Official website here: www.teamfootworks.org
Where can I find the form 990 for Team Footworks Educational & Fitness Corporation?
Team Footworks Educational & Fitness Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.teamfootworks.org
Learn more at the official website: www.teamfootworks.org
Mission Statement of Team Footworks Educational & Fitness Corporation
Team Footworks Educational & Fitness Corporation is devoted to supporting organizations that work towards curing diseases and promoting physical health. Their mission is twofold: firstly, they raise funds for organizations like the United Way, an organization dedicated to improving lives globally and advancing the common good. Secondly, they support other charitable organizations focused on finding cures for cancer and other medical issues. In addition to this, Team Footworks strives to promote good health through the physical participation in race events and various clinics and programs held throughout the year.
The organization's mission is further exemplified by their continuous fundraising events that require the hiring of both part-time and full-time employees, as well as the assistance of over 600 volunteers from the local community and schools. These events serve to educate and demonstrate the benefits of leading a physically fit and active lifestyle, which can be achieved through regular jogging, running, or walking. Team Footworks' activities extend beyond the race events, as they also encourage participation in clinics and programs and the reading of various publications issued and distributed by the organization.
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Impact
July, 2024
Team Footworks Educational & Fitness Corporation's impact is substantial in promoting good physical health and supporting organizations dedicated to curing diseases. By organizing race events, clinics, and programs throughout the year, they actively educate and inspire individuals and groups to adopt a physically active lifestyle. Their fundraising efforts contribute to charitable organizations like the United Way, which works towards improving lives globally. Through their initiatives, they engage over 600 volunteers from the local community and schools, making a tangible difference in the promotion of health and wellness.
This information is meant to be a general summary of Team Footworks Educational & Fitness Corporation. 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: $62,596
- Program Service Revenue: $1,752,919
- Gross Receipts: $2,456,696
Assets and Liabilities:
- Total Assets: $499,289
- Total Liabilities: $150,000
- Net Assets: $349,289
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACE & FITNESS EVENTS
Revenue
$1,752,919
Organization Details
Founding Year
1994
Phone
(305) 666-7223Principal Officer
Laurie B Huseby
Main Address
5724 SUNSET DRIVE, SOUTH MIAMI, FL, 33143
Website
www.teamfootworks.orgNTEE Category
Code: N60Z - Recreation
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