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Team Prime Time Inc C/O Peter Straus

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

EIN: 954846644 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Team Prime Time Inc C/O Peter Straus?

Team Prime Time Inc C/O Peter Straus is a nonprofit organization situated in Los Angeles, California, specifically at 3740 Overland Avenue Suite E, 90034. Their primary mission is to extend assistance to disadvantaged youth, fostering education advancement, teamwork, and self-esteem. By engaging in outreach programs, they aim to empower these young individuals and contribute to their overall growth. The organization, led by Peter Straus, employs 64 individuals, demonstrating their commitment to their cause.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

Team Prime Time Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored exceptionally well, with a total score of 94% based on its accountability and finance metrics. This high rating signifies a robust financial health, efficient use of funds, and a commitment to transparency.

The organization boasts a fully independent board, with all eight members meeting the criteria for independence, which is crucial for maintaining objectivity and integrity in governance. Additionally, Team Prime Time Inc has received high marks for their financial statements, audit practices, and various policies designed to mitigate risks, such as conflict of interest and whistleblower policies.

One of the notable strengths of Team Prime Time Inc is its impressive program expense ratio of 88.62%, indicating that the vast majority of its expenses are directed towards its programs rather than administrative costs. However, while the financial indicators are strong, further qualitative data regarding the impact of their programs could provide a more comprehensive view of their overall effectiveness.


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

Is Team Prime Time Inc C/O Peter Straus legitimate?

Team Prime Time Inc C/O Peter Straus is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team Prime Time Inc C/O Peter Straus 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: $190,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $734,506

For more financial information, click here

What is the mission statement of Team Prime Time Inc C/O Peter Straus?

Team Prime Time Inc, through its outreach efforts, aims to enhance the education of disadvantaged youth. Their mission is centered around fostering teamwork and boosting self-esteem among these young individuals. The organization conducts interventions and outreach programs without discrimination, focusing on promoting educational advancement and personal growth.

Who is the CEO of Team Prime Time Inc C/O Peter Straus?

Peter Straus is the President of Team Prime Time Inc C/O Peter Straus.

What is the revenue of Team Prime Time Inc C/O Peter Straus?

Team Prime Time Inc C/O Peter Straus's revenue in 2022 was $1,484,311.

Who are the executives of Team Prime Time Inc C/O Peter Straus and what are their salaries?

The average compensation at Team Prime Time Inc C/O Peter Straus during 2022 was $14,445. There are 64 employees and 32 volunteers at Team Prime Time Inc C/O Peter Straus.


Here are 18 key members and their salaries:


Peter Straus (President)
  • Compensation: $199,972
  • Related: $0
  • Other: $0
Robert Hinds (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Davidson (Senior Managing Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Herman (Corp. Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Altman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Heineman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Hoenigman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Memo Kahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Kaplan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Kurtz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mallow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Rachelefsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Siegel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Simpson (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Hodge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Stern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Gaskin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Team Prime Time Inc C/O Peter Straus?

Team Prime Time Inc C/O Peter Straus's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Team Prime Time Inc C/O Peter Straus

Team Prime Time Inc. C/O Peter Straus is dedicated to reaching out to disadvantaged youth with the aim of promoting educational advancement, teamwork, and self-esteem. Through their intervention and outreach efforts, they strive to empower these young individuals without discrimination. The organization's mission is centered around fostering an environment that encourages education, teamwork, and self-confidence in disadvantaged youth, thereby contributing to their overall development.

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Impact




July, 2024

Team Prime Time Inc, under the leadership of Peter Straus, has a significant impact on disadvantaged youth in Los Angeles, California. Through outreach programs that focus on education advancement, teamwork, and self-esteem, this organization plays a crucial role in supporting and empowering young people who face various challenges. Their mission to provide intervention and support without discrimination is commendable, as it helps to create opportunities for these youth to thrive and achieve their full potential. By focusing on youth development, Team Prime Time Inc is actively working to make a positive difference in the lives of those who need support the most.




This information is meant to be a general summary of Team Prime Time Inc C/O Peter Straus. 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
$1,484,311 (2022)
Expenses
$1,584,735 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $609
  • Gross Receipts: $1,484,311

Assets and Liabilities:

  • Total Assets: $696,963
  • Total Liabilities: $198,750
  • Net Assets: $498,213

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Organization Details

Founding Year

2001

Principal Officer

Peter Straus

Main Address

3740 OVERLAND AVENUE SUITE E, LOS ANGELES, CA, 90034

NTEE Category

Code: O20 - Youth development

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