Team 402

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

EIN: 851216952 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

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Overview

What is Team 402?

Team 402 is a charitable educational nonprofit organization, based in Lincoln, Nebraska (410 E Hillcrest Dr, NE 68520), that focuses on promoting regional, national, or international amateur sports competition. Their mission is to establish and manage youth sports teams, ensuring equal access to top-tier facilities and coaches for athletes at all levels. By doing so, they aim to empower athletes to reach their full potential, not based on external factors, but solely on their work ethic. Moreover, they emphasize the educational value of youth sports, connecting life lessons in sportsmanship, teamwork, resilience, confidence, and accountability to athletic success.


Official website here: www.402da.org

Is Team 402 legitimate?

Team 402 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team 402 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: $104,482

For more financial information, click here


Official website here: www.402da.org

What is the mission statement of Team 402?

Team 402, being a charitable educational organization, focuses on fostering regional, national, or international amateur sports competition. Their mission is to establish and manage youth sports teams, ensuring that athletes and their families are protected from exploitation. They strive to provide access to top-notch facilities and coaches for athletes at all levels, allowing their work ethic to dictate their success. The organization also promotes the educational value of youth sports by connecting lessons in competition, sportsmanship, teamwork, resilience, confidence, and accountability to athletic success.


Official website here: www.402da.org

Who is the CEO of Team 402?

Kevin Martin is the Executive Di of Team 402.


Official website here: www.402da.org

What is the revenue of Team 402?

Team 402's revenue in 2022 was $273,534.


Official website here: www.402da.org

Who are the executives of Team 402 and what are their salaries?


Here are 3 key members and their salaries:


Dakota Judds (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Martin (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.402da.org

Where can I find the form 990 for Team 402?

Team 402's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.402da.org

Learn more at the official website: www.402da.org

Mission Statement of Team 402

Team 402, a charitable educational organization, is dedicated to fostering regional, national, or international amateur sports competition. Their mission is to establish and manage youth sports teams, safeguarding athletes and their families from exploitation. This organization aims to provide equal access to top-notch facilities and coaches for athletes at all levels, ensuring that an individual's work ethic is the primary determinant of their success. By promoting the educational value of youth sports, Team 402 connects lessons in competition, sportsmanship, teamwork, resilience, confidence, and accountability to athletic success. This approach encourages athletes to thrive both on and off the field, ultimately helping them reach their full potential.

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Impact




October, 2024

Team 402 has a significant impact on the community by fostering youth sports participation and ensuring that young athletes have access to quality coaching, facilities, and mentorship. By establishing and managing youth sports teams, Team 402 provides an environment where athletes can hone their skills and develop essential life lessons such as teamwork, sportsmanship, resilience, confidence, and accountability.

Through its commitment to protecting youth athletes and their families from exploitation, Team 402 creates a safe and supportive atmosphere that encourages participation at all levels. This focus allows young athletes to thrive based solely on their work ethic and dedication, empowering them to reach their full potential in sports.

Additionally, Team 402 highlights the educational value of sports, illustrating how the challenges faced in competition can translate into personal growth and life success. By promoting a culture of excellence and providing resources for athletes in Lincoln, NE, Team 402 not only cultivates talent but also strengthens community bonds through shared sporting experiences. Ultimately, the organization plays a crucial role in shaping the next generation of athletes and leaders.




This information is meant to be a general summary of Team 402. 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
$273,534 (2022)
Expenses
$219,334 (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: $264,120
  • Gross Receipts: $273,534

Assets and Liabilities:

  • Total Assets: $57,674
  • Total Liabilities: $3,474
  • Net Assets: $54,200

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Programs

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

MEMBERSHIP DUES

Revenue

$250,061

REIMBURSED EXPENSES

Revenue

$14,059

Organization Details

Founding Year

2021

Principal Officer

Kevin Martin

Main Address

410 E HILLCREST DR, LINCOLN, NE, 68520

NTEE Category

Code: N64 - Recreation

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