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Team Factory

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

EIN: 820612922 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Team Factory?

Team Factory is a nonprofit organization situated in Omaha, Nebraska, with the address 9855 S 140TH ST 5. Their primary mission is to support youth basketball teams, offering both athletic and academic opportunities to young men and women. By doing so, they aim to enhance recruiting exposure and teach valuable life skills to approximately 350 individuals on 35 teams. The organization has not specified any international outreach or additional resources, but their focus remains on local youth development through basketball.


Official website here: www.thefactorybasketball.com/team-factory-informa

Is Team Factory legitimate?

Team Factory is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team Factory 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.thefactorybasketball.com/team-factory-informa

What is the mission statement of Team Factory?

Team Factory's mission is centered around supporting youth basketball teams. Their objective is to provide both athletic and academic opportunities for young men and women, aiming to enhance their experiences both on and off the court. Through their efforts, they have assisted approximately 350 individuals on 35 teams, helping them improve their skills and increase their recruiting exposure. Additionally, Team Factory plays a role in teaching valuable life lessons to these young athletes.


Official website here: www.thefactorybasketball.com/team-factory-informa

Who is the CEO of Team Factory?

Ryan Foster is the President of Team Factory.


Official website here: www.thefactorybasketball.com/team-factory-informa

What is the revenue of Team Factory?

Team Factory's revenue in 2022 was $257,881.


Official website here: www.thefactorybasketball.com/team-factory-informa

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

There 10 volunteers at Team Factory.


Here are 2 key members and their salaries:


Michael Mackie (President)
  • Compensation: $15,000
  • Related: $28,850
  • Other: $0
Ryan Foster (Treasurer)
  • Compensation: $15,000
  • Related: $28,850
  • Other: $0


Official website here: www.thefactorybasketball.com/team-factory-informa

Where can I find the form 990 for Team Factory?

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


Official website here: www.thefactorybasketball.com/team-factory-informa

Learn more at the official website: www.thefactorybasketball.com/team-factory-informa

Mission Statement of Team Factory

Team Factory, a nonprofit organization, is dedicated to supporting youth basketball teams. Their mission is to provide both athletic and academic opportunities for young men and women. By assisting these teams, Team Factory aims to enhance their on-court skills, boost their recruiting prospects, and equip them with valuable life lessons off the court. Through their efforts, approximately 350 young individuals on 35 teams have benefited, improving their abilities and learning essential life skills.

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Impact




October, 2024

Team Factory significantly impacts the lives of young men and women in Omaha, Nebraska, by supporting youth basketball teams to create both athletic and academic opportunities. Through its dedicated efforts, approximately 350 young athletes across 35 teams have experienced personal growth on and off the court. This program enhances recruiting exposure for these athletes while equipping them with valuable life skills that extend beyond basketball. By focusing on youth development, Team Factory fosters a nurturing environment that empowers participants to pursue their dreams in sports and academics alike.




This information is meant to be a general summary of Team Factory. 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
$257,881 (2022)
Expenses
$276,662 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $257,881

Assets and Liabilities:

  • Total Assets: $197,100
  • Total Liabilities: $0
  • Net Assets: $197,100

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Organization Details

Founding Year

2017

Principal Officer

Ryan Foster

Main Address

9855 S 140TH ST 5, OMAHA, NE, 68138

NTEE Category

Code: O50 - Youth development

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