Team Factory

Analysis

Team Factory is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Team Factory reported income of $155k and spending of $191k, spending 123% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income grew from $152k to $155k (+1.7%), an average of +0.6% a year. The sharpest change came in the year to April 2021, when income rose by 87%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Team Factory sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NE. Charities of a similar size with the same main cause include Girls on the Run of Northwest Arkansas ($155k), Kirtland Youth Association Inc ($155k) and Watotoworld Inc ($155k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $10k (5.5% of expenses). At year end it held assets of $169k against liabilities of $7,660, net assets of $161k.