Team 1tyus
- Assets
- $52.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- Data as of
- 12/2022
- EIN
- 84-5188538
Organization Overview
Team 1tyus is located in Minneapolis, MN. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team 1tyus 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, Team 1tyus generated $95.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $109.3k during the year ending 12/2022. 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 Program Activity:
Part 3
PROVIDE COMPETITIVE ENVIRONMENT AND DEVELOPMENT OPPORTUNITIES FOR YOUTH BASKETBALL FOR FIFTH THROUGH EIGHTH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyus Jones President | 5 | $0 | |
Gregg Cascaes Treasurer | 5 | $0 | |
Jadee Jones Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,300 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,800 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,979 |
| Occupancy, rent, utilities, and maintenance | $7,628 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $97,646 |
| Total expenses | $109,253 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,544 |
| Other assets | $0 |
| Total assets | $52,544 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,544 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Youth Athletic Foundation Ames, IA | $5,772,700 | $2,413,447 |
Kingdom Cares International Des Moines, IA | $16,985 | $1,214,435 |
Minnesota Heat Hoops Inc Maple Grove, MN | $44,467 | $727,071 |
Beyond Ball Urbandale, IA | $92,012 | $636,105 |
Osseo Maple Grove Basketball Association Maple Grove, MN | $1,284,247 | $768,058 |
Wayzata Boys Basketball Association Plymouth, MN | $140,585 | $502,960 |
Central Minnesota Basketball Club Inc Sartell, MN | $56,235 | $442,197 |
Rochester Youth Baseball Association Inc Rochester, MN | $382,817 | $342,839 |
Farmington Youth Basketball Association Farmington, MN | $101,358 | $307,970 |
Wisconsin Basketball Coaches Association Cuba City, WI | $470,993 | $294,847 |
Lakeville North Boys Basketball Association Lakeville, MN | $246,595 | $289,956 |
24up Inc New Berlin, WI | $173,156 | $373,384 |