Team Prime Time Inc

Organization Overview

Team Prime Time Inc is located in Los Angeles, CA. The organization was established in 2001. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 07/2023, Team Prime Time Inc employed 127 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Prime Time 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 07/2023, Team Prime Time Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $2.8m during the year ending 07/2023. While expenses have increased by 12.8% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

OUTREACH TO DISADVANTAGED YOUTH TO PROMOTE EDUCATION ADVANCEMENT, TEAMWORK, AND SELF ESTEEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INTERVENTION & OUTREACH TO DISADVANTAGED YOUTH, WITHOUT DISCRIMINATION, PROMOTE EDUCATION ADVANCEMENT, TEAMWORK, SELF ESTEEM


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Board, Officers & Key Employees

Name (title)Compensation
Peter Straus
President
$197,115
David Siegel
Director
$0
Greg Altman
Treasurer
$0
Helen Gaskin
Director
$0
Larry Stern
Director
$0
Memo Kahan
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$50,268
Related organizations$0
Government grants $152,692
All other contributions, gifts, grants, and similar amounts not included above$481,587
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$684,547
Total Program Service Revenue$2,070,925
Investment income $14,430
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $5,880
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$42,052
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,733,730

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