X-Factor Elite Olympic Styles Development Training Center Inc

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

EIN: 843000334 ✦ Manitowoc, WI ✦ Designated as a 501(c)(3)

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Overview

What is X-Factor Elite Olympic Styles Development Training Center Inc?

X-Factor Elite Olympic Styles Development Training Center Inc is a newly established nonprofit organization with a focus on supporting aspiring Olympic wrestlers. Despite being in its initial year, they have managed to accumulate funds which they are currently holding in the bank. The organization's primary mission is to provide Olympic athletic training, aiming to help talented wrestlers reach their full potential in the sport. While the organization was inactive during the current year, it remains committed to its mission with the funds it has on hand.

Is X-Factor Elite Olympic Styles Development Training Center Inc legitimate?

X-Factor Elite Olympic Styles Development Training Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. X-Factor Elite Olympic Styles Development Training Center Inc submitted a form 990EZ, 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.

What is the mission statement of X-Factor Elite Olympic Styles Development Training Center Inc?

The X-Factor Elite Olympic Styles Development Training Center Inc, during its first year, does not incur any expenses or disbursements. Their primary focus is on funding aspiring Olympic wrestlers. Despite being inactive this year, they have funds saved in the bank. Their mission revolves around providing Olympic-level athletic training.

Who is the CEO of X-Factor Elite Olympic Styles Development Training Center Inc?

Scott Pelot is the President of X-Factor Elite Olympic Styles Development Training Center Inc.

What is the revenue of X-Factor Elite Olympic Styles Development Training Center Inc?

X-Factor Elite Olympic Styles Development Training Center Inc's revenue in 2021 was $1,150.

Who are the executives of X-Factor Elite Olympic Styles Development Training Center Inc and what are their salaries?


Here are 3 key members and their salaries:


Scott Pelot (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Pelot (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ty Pelot (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for X-Factor Elite Olympic Styles Development Training Center Inc?

X-Factor Elite Olympic Styles Development Training Center Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of X-Factor Elite Olympic Styles Development Training Center Inc

X-Factor Elite Olympic Styles Development Training Center Inc, in its inaugural year, has set aside funds without any expenses or disbursements, with the mission of supporting aspiring Olympic wrestlers. Despite being inactive this year, the organization maintains a substantial amount of funds in its bank account. This nonprofit is dedicated to Olympic athletic training, providing a platform for aspiring wrestlers to hone their skills and pursue their Olympic dreams.

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Impact




October, 2024

X-Factor Elite Olympic Styles Development Training Center Inc focuses on supporting aspiring Olympic wrestlers by providing them with the necessary resources and training opportunities. Although the center has not been active recently and has incurred no expenses or disbursements in its first year, its mission revolves around fostering talent within the wrestling community. By funding these athletes, the organization aims to enhance their training experiences and ultimately contribute to the growth of the sport at the Olympic level. Operating in Manitowoc, WI, the center seeks to create an environment that encourages dedication and excellence in Olympic wrestling.




This information is meant to be a general summary of X-Factor Elite Olympic Styles Development Training Center 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.

Revenue
$1,150 (2021)
Expenses
$0 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $1,150

Assets and Liabilities:

  • Total Assets: $1,150
  • Total Liabilities: $0
  • Net Assets: $1,150

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Organization Details

Principal Officer

Scott Pelot

Main Address

2302 S 22ND STREET, Manitowoc, WI, 54220

NTEE Category

Code: N20 - Recreation

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