Team Walker Inc C/o Jerry Walker
Nonprofit profile at a glance
- EIN
- 223585539
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Jersey City, NJ, USA
- Phone
- 2014331888
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $1,896,253
- Expenses
- $1,977,619
- Assets
- $4,352,443
- Liabilities
- $2,298,754
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- JEREMIAH WALKER (PRESIDENT)
Highest reported compensation
- JEREMIAH WALKER (PRESIDENT): $106,615 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization was formed to promote social awareness which shall include charitable activities to bring about civic betterment and social improvement to inner-city minority groups and to uplift and create positive alternatives for the youth of jersey city through programs designed to enlighten participants and teach the importance of solid academics, teamwork, and sportsmanship.the team walker provides safe and constructive alternatives to the negative influences that plague inner-city youth. Through structured academic and recreational environment, the children learn how to focus on teamwork, responsibility, persistence, and unity.the staff knows that if children are provided positive role models, in combination with a gained sense of accomplishment and heightened awareness of their capabilities, they will significantly improve their quality of life.
What it reported doing in 2024
Providing activities that strengthen the personal development of inner-city youth and developing sports activities for city youth free of charge.the community development block grant (cdbg) program helped to develop a vacant land and build a community facility that now serves as a community education and recreation center. It provides academic and athletic programs including life skills mentoring, health awareness and homework tutoring for students in kindergarten through 12th grade. The 21-century program is designed to supplement the education of students in grades 3-12, who attend schools eligible for title 1 school wide programs or schools where a minimum of 30% the students are from low-income families. The program aims to assist students in attaining the skills necessary to meet New Jersey's core curriculum content standards and common core standards. Therefore, all 21st cclc programs must provide students who participate with academic enrichment opportunities that complement the regular school day.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 92
- Accountability: 96
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89%; rating input score 89
- Program expense ratio: 85.3%; rating input score 85
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 92.9%; rating input score 93; 24th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4.3%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 2.2; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.53; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 5.4%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 12.9% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 9.4% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 9.6% per year; rating input score 100; 57th percentile among comparable filings
Details
- Where the money goes: 89% of revenue deployed · 85.3% of spending went to programs
- Governance: 13 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.7M in reported program spending
- Leadership: top reported pay $107K · 14 people listed
- Consistency: 33 of 33 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 9 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.