Team Sports Ministries is located in Palm Beach Gardens, FL. The organization was established in 2008. According to its NTEE Classification (X19) the organization is classified as: Support N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Sports Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Team Sports Ministries generated $151.6k in total revenue. All expenses for the organization totaled $167.1k during the year ending 12/2023. While expenses have increased by 143.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MENTORING STUDENT ATHLETES IN PBC THROUGH CHARACTER DEVELOPMENT AND TEAM BONDING ACTIVITIES,
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arnold Clifton President | 0 | $0 | |
William Shea Director | 0 | $0 | |
Kim Keown Director | 0 | $0 | |
Gerald Hearns Director | 0 | $0 | |
Tim Lyons Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,645 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,645 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,213 |
| Salaries, other compensation, and employee benefits | $95,809 |
| Professional fees and other payments to independent contractors | $855 |
| Occupancy, rent, utilities, and maintenance | $1,284 |
| Printing, publications, postage, and shipping | $543 |
| Other expenses | $67,388 |
| Total expenses | $167,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,014 |
| Other assets | $0 |
| Total assets | $25,514 |
| Total liabilities | $1,920 |
| Net assets or fund balances | $23,594 |