Teamwork Africa Inc
- Assets
- $49.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Eau Claire, WI
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-2142809
Organization Overview
Teamwork Africa Inc is located in Eau Claire, WI. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2022, Teamwork Africa Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teamwork Africa Inc 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 12/2022, Teamwork Africa Inc generated $139.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $145.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IN ACCORDANCE WITH THE CORPORATION'S ARTICLES OF INCORPORATION, THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, NAMELY, TO HELP ESTABLISH AND FUND CHURCHES AND FACILITIES ON THE CONTINENT OF AFRICA TO HELP MEET THE PEOPLE'S VITAL SPIRITUAL AND BASIC PHYSICAL NEEDS SUCH THAT THE CORPORATION WILL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, OR RELIGIOUS PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
Part 3
TEAMWORK AFRICA'S SCHOLARSHIP PROGRAM, STARFISH KIDS, PROVIDES SCHOLARSHIPS FOR 85 STUDENTS IN LIBERIA. THE SCHOLARSHIP INCLUDES REGISTRATION, TUITION, AND SCHOOL UNIFORM. ADDITIONALLY, FOR THOSE SCHOOLS THAT HAVE HOT LUNCH AVAILABLE, THE SCHOLARSHIP INCLUDED LUNCH EACH SCHOOL DAY
HABAKKUK'S WELLS. TEN TO 15 CLEAN WATER WELLS ARE REPAIRED EACH MONTH. EACH PUMP PROVIDES CLEAN WATER TO 250 TO 500 PEOPLE.
TEAMWORK AFRICA SENT THE HALVORSEN FAMILY TO LIBERIA AS MISSIONARIES. MARK AND PEGGY WORKED FULL TIME IN GREAT KING ACADEMY, A SCHOOL THAT TEAMWORK AFRICA ESTABLISHED AND BUILT. THEIR FAMILY RETURNED TO THE US IN JUNE, 2018. ADDITIONALLY, A TEAM WENT TO LIBERIA TO MONITOR THE WATER PROJECTS, INSPECT THE MEDICAL OUTREACH AND VISIT THE SCHOOLS OF THE STARFISH KIDS SCHOLARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Brierbauer President | 1 | $0 | |
Peggy Halvorsen Executive Director | 40 | $36,000 | |
Gordon Riesgraf Treasurer | 1 | $0 | |
Mark Halvorsen Vice President | 1 | $0 | |
Bruce Jahnke Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,686 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,196 |
| Total Revenue | $139,882 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,550 |
| Professional fees and other payments to independent contractors | $1,039 |
| Occupancy, rent, utilities, and maintenance | $1,670 |
| Printing, publications, postage, and shipping | $1,523 |
| Other expenses | $39,121 |
| Total expenses | $145,607 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,332 |
| Other assets | $0 |
| Total assets | $49,332 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,332 |