Nonprofit · EIN 95-4846644
TEAM PRIME TIME INC
Tax-exempt · LOS ANGELES, CA 90034
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $6,646,280 | $5,851,522 | $794,758 | $1,471,132 | $87,399 | $1,383,733 |
| July 31, 2024 | 990 | $4,000,456 | $3,848,120 | $152,336 | $660,216 | $71,241 | $588,975 |
| July 31, 2023 | 990 | $2,733,730 | $2,795,304 | -$61,574 | $590,150 | $153,511 | $436,639 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $581,064
- Program service revenue
- $6,048,889
- Investment income
- $6,327
- Net rental income
- $10,000
- Other revenue
- $10,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $249,231
- Other salaries and wages
- $3,581,882
- Salaries, compensation and benefits (total)
- $4,180,279
- Professional fundraising fees
- $0
- Legal fees
- $34,307
- Accounting fees
- $31,143
- Occupancy
- $69,757
- Program services (functional)
- $5,163,737
- Management and general (functional)
- $530,578
- Fundraising (functional)
- $157,207
Balance sheet and other
- Total assets, start of year
- $660,216
- Total assets, end of year
- $1,471,132
- Total liabilities, end of year
- $87,399
- Net assets, end of year
- $1,383,733
- Net assets without donor restrictions
- $1,298,733
- Net assets with donor restrictions
- $85,000
- Gross receipts
- $6,646,280
- Employees
- 258
- Volunteers
- 25
- Year formed
- 2001
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER STRAUS | PRESIDENT Trustee or director, Officer | 40 | $237,692 |
| GREG ALTMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| TERRI SIMPSON | CO-CHAIRMAN Trustee or director, Officer | 1 | $0 |
| PATRICIA L COLLINS | CO-CHAIRMAN Trustee or director, Officer | 1 | $0 |
| MICHAEL G HERMAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| HELEN GASKIN | DIRECTOR Trustee or director | 1 | $0 |
| MARKHAM L GOLDSTEIN | DIRECTOR Trustee or director | 1 | $0 |
| VINCENT HOENIGMAN | DIRECTOR Trustee or director | 1 | $0 |
| MEMO KAHAN | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL MALLOW | DIRECTOR Trustee or director | 1 | $0 |
| PETER M MOGLIA | DIRECTOR Trustee or director | 1 | $0 |
| DAVID SIEGEL | DIRECTOR Trustee or director | 1 | $0 |
| LARRY STERN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended July 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER STRAUS | PRESIDENT Trustee or director, Officer | 40 | $212,116 |
| DAVID SIEGEL | DIRECTOR Trustee or director | 1 | $0 |
| GREG ALTMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| HELEN GASKIN | DIRECTOR Trustee or director | 1 | $0 |
| LARRY STERN | DIRECTOR Trustee or director | 1 | $0 |
| MEMO KAHAN | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL MALLOW | DIRECTOR Trustee or director | 1 | $0 |
| PATTI COLLINS | CO CHAIRMAN Trustee or director, Officer | 1 | $0 |
| TERI SIMPSON | CO CHAIRMAN Trustee or director, Officer | 1 | $0 |
| VINCE HOENIGMAN | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL HERMAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARK GOLDSTEIN | MEMBER Trustee or director | 1 | $0 |
990 for the year ended July 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER STRAUS | PRESIDENT Trustee or director, Officer | 40 | $197,115 |
| DAVID SIEGEL | DIRECTOR Trustee or director | 1 | $0 |
| GREG ALTMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| HELEN GASKIN | DIRECTOR Trustee or director | 1 | $0 |
| LARRY STERN | DIRECTOR Trustee or director | 1 | $0 |
| MEMO KAHAN | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL MALLOW | DIRECTOR Trustee or director | 1 | $0 |
| PATTI COLLINS | DIRECTOR Trustee or director | 1 | $0 |
| TERI SIMPSON | CO CHAIRMAN Trustee or director, Officer | 1 | $0 |
| VINCE HOENIGMAN | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL HERMAN | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3740 OVERLAND AVE STE E, LOS ANGELES, CA 90034-6378
- In care of
- % PETER STRAUS
- Principal officer (990 for 2024)
- PETER STRAUS, 3740 OVERLAND AVENUE SUITE E, LOS ANGELES, CA 90034
- Signed the 990
- PETER STRAUS, EXEC. DIRECTOR/PRES.
- Phone
- (310) 838-7872
- Return prepared by
- APRIO ADVISORY GROUP LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4846644 or by the name TEAM PRIME TIME INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
OUTREACH TO DISADVANTAGED YOUTH TO PROMOTE EDUCATION ADVANCEMENT, TEAMWORK, AND SELF ESTEEM.
Program accomplishments
- INTERVENTION & OUTREACH TO DISADVANTAGED YOUTH, WITHOUT DISCRIMINATION, PROMOTE EDUCATION ADVANCEMENT, TEAMWORK, SELF ESTEEMExpenses $5,163,737 · revenue $6,048,889
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 95-4846644
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O20)
- Assets (IRS master file)
- $1,471,132
- Income (IRS master file)
- $6,646,280
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $6,646,280 | $5,851,522 | $1,471,132 | XML |
| 990 | July 2024 | $4,000,456 | $3,848,120 | $660,216 | XML |
| 990 | July 2023 | $2,733,730 | $2,795,304 | $590,150 | XML |
| 990 | July 2022 | $1,484,311 | $1,584,735 | $696,963 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 95-4846644).
Questions about TEAM PRIME TIME INC
- What is the EIN of TEAM PRIME TIME INC?
- The employer identification number (EIN) of TEAM PRIME TIME INC is 95-4846644.
- Is TEAM PRIME TIME INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to TEAM PRIME TIME INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEAM PRIME TIME INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TEAM PRIME TIME INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEAM PRIME TIME INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of TEAM PRIME TIME INC?
- The 990 for the year ended July 31, 2025 names PETER STRAUS.
- Who are the officers and directors of TEAM PRIME TIME INC?
- The 990 for the year ended July 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $237,692 (PETER STRAUS, PRESIDENT).
- How much revenue does TEAM PRIME TIME INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $6,646,280, expenses of $5,851,522 and total assets of $1,471,132 at year end.
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