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Ti Sports

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

EIN: 813951595 ✦ Hiawatha, IA ✦ Designated as a 501(c)(3)

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Overview

What is Ti Sports?

Ti Sports is a nonprofit organization situated in the Cedar Rapids area, dedicated to nurturing the growth and overall well-being of young individuals. They accomplish this goal by focusing on basketball and softball education, offering training, games, and development opportunities to over 200 local youths. The organization's mission is to promote youth development, foster health, and enhance well-being through these sports, contributing positively to the community.


Official website here: www.teamiowaathletics.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58%, One-Star out of Four Star rating.

Ti Sports has received a low rating of 58%, indicating significant concerns in its accountability and financial practices. While the organization has a fully independent board and demonstrates a high program expense ratio, the absence of financial statements and other critical governance documents raises red flags about transparency.

The organization excels in governance with 100% independent board members and a solid conflict of interest policy in place. However, the lack of a whistleblower policy and missing documentation regarding document retention and destruction highlight areas in need of improvement. Additionally, a concerning liabilities to assets ratio of 380.34% suggests financial instability that could affect its operations.

Overall, while Ti Sports is committed to its programs, the absence of key accountability measures and financial disclosures limits its effectiveness. Stakeholders should consider these factors when evaluating the organization's overall impact and reliability.


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

Is Ti Sports legitimate?

Ti Sports is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ti Sports 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: $0

For more financial information, click here


Official website here: www.teamiowaathletics.com

What is the mission statement of Ti Sports?

Ti Sports, as an organization, is committed to fostering and promoting youth development, health, and well-being. They achieve this objective by utilizing basketball and softball as educational tools. Through their efforts, over 200 young individuals in various locations have benefited from their training programs, games, and developmental opportunities. Ti Sports' primary goal is to positively impact the lives of youth by enhancing their physical and mental well-being while nurturing their skills in these sports.


Official website here: www.teamiowaathletics.com

Who is the CEO of Ti Sports?

Timothy J Wilson is the President of Ti Sports.


Official website here: www.teamiowaathletics.com

What is the revenue of Ti Sports?

Ti Sports's revenue in 2022 was $674,967.


Official website here: www.teamiowaathletics.com

Who are the executives of Ti Sports and what are their salaries?


Here are 4 key members and their salaries:


Timothy J Wilson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clark Haker (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Ross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.teamiowaathletics.com

Where can I find the form 990 for Ti Sports?

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


Official website here: www.teamiowaathletics.com

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

Mission Statement of Ti Sports

Ti Sports, as a nonprofit organization, is dedicated to fostering and promoting youth development, health, and well-being. They accomplish this mission through education in both basketball and softball. By offering training, games, and development opportunities to over 200 youths in their area, Ti Sports is making a significant impact on the physical and emotional well-being of these young individuals. By focusing on these two popular sports, Ti Sports is able to engage and inspire young people, helping them to build confidence, learn teamwork, and develop important life skills. In doing so, Ti Sports is contributing to the overall health and well-being of the community's youth.

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Impact




July, 2024

Ti Sports has made a significant impact on over 200 youths in the Cedar Rapids area by fostering and promoting their development, health, and well-being through basketball and softball education. Through training, games, and development programs, Ti Sports has been instrumental in shaping the lives of these young individuals and providing them with valuable skills and experiences in sports. Their dedication to youth development is evident in the positive influence they have had on the community.




This information is meant to be a general summary of Ti Sports. 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
$674,967 (2022)
Expenses
$669,296 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $614,367
  • Gross Receipts: $674,967

Assets and Liabilities:

  • Total Assets: $33,460
  • Total Liabilities: $127,264
  • Net Assets: -$93,804

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Programs

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

REGISTRATION FEES

Revenue

$324,465

TOURNAMENTS

Revenue

$261,888

BASKETBALL CAMPS

Revenue

$26,900

APPAREL REVENUE

Revenue

$1,114

Organization Details

Founding Year

2016

Principal Officer

Timothy J Wilson

Main Address

1710 HAWKEYE DRIVE, HIAWATHA, IA, 52233

NTEE Category

Code: O50 - Youth development

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