Civic Intelligence

Team Parents Inc

EIN 04-2730920 • 501(c)3 • Cherry Valley, MA

Profile

To promote the physical, mental and character development of boys and girls as well as men and women, by providing such means of recreation, training, education and guidance.

148 Main StreetCherry Valley, MA 01611

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

25%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$112,396

Up $16,240 (+17%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$112,396

Up $16,240 (+17%) from 2023

Revenue

Up

$146,547

Up $29,693 (+25%) from 2023

Expenses

Up

$130,307

Up $27,716 (+27%) from 2023

Net Income

Up

$16,240

Up $1,977 (+14%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2010: $59,018Net Assets 2010: $59,0182010Assets 2011: $82,221Net Assets 2011: $82,2212011Assets 2012: $90,922Net Assets 2012: $90,9222012Assets 2013: $127,105Liabilities 2013: $0Net Assets 2013: $127,1052013Assets 2014: $107,543Liabilities 2014: $0Net Assets 2014: $107,5432014Assets 2015: $74,268Liabilities 2015: $0Net Assets 2015: $74,2682015Assets 2016: $73,976Liabilities 2016: $0Net Assets 2016: $73,9762016Assets 2017: $59,810Liabilities 2017: $0Net Assets 2017: $59,8102017Assets 2018: $70,301Liabilities 2018: $0Net Assets 2018: $70,3012018Assets 2019: $79,307Liabilities 2019: $0Net Assets 2019: $79,3072019Assets 2020: $101,614Liabilities 2020: $0Net Assets 2020: $101,6142020Assets 2021: $91,360Liabilities 2021: $0Net Assets 2021: $91,3602021Assets 2022: $81,893Liabilities 2022: $0Net Assets 2022: $81,8932022Assets 2023: $96,156Liabilities 2023: $0Net Assets 2023: $96,1562023Assets 2024: $112,396Net Assets 2024: $112,3962024

Highlighted filing

2024

Assets$112,396
Liabilities-
Net Assets$112,396

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $73,056Expenses 2010: $54,394Net Income 2010: $18,6622010Revenue 2011: $69,942Expenses 2011: $46,739Net Income 2011: $23,2032011Revenue 2012: $67,871Expenses 2012: $59,170Net Income 2012: $8,7012012Revenue 2013: $285,101Expenses 2013: $248,918Net Income 2013: $36,1832013Revenue 2014: $217,654Expenses 2014: $237,217Net Income 2014: -$19,5632014Revenue 2015: $210,820Expenses 2015: $235,274Net Income 2015: -$24,4542015Revenue 2016: $146,230Expenses 2016: $146,522Net Income 2016: -$2922016Revenue 2017: $123,976Expenses 2017: $138,142Net Income 2017: -$14,1662017Revenue 2018: $108,637Expenses 2018: $98,146Net Income 2018: $10,4912018Revenue 2019: $130,258Expenses 2019: $121,252Net Income 2019: $9,0062019Revenue 2020: $61,738Expenses 2020: $39,431Net Income 2020: $22,3072020Revenue 2021: $63,560Expenses 2021: $73,814Net Income 2021: -$10,2542021Revenue 2022: $80,049Expenses 2022: $89,516Net Income 2022: -$9,4672022Revenue 2023: $116,854Expenses 2023: $102,591Net Income 2023: $14,2632023Revenue 2024: $146,547Expenses 2024: $130,307Net Income 2024: $16,2402024

Highlighted filing

2024

Revenue$146,547
Expenses$130,307
Net Income$16,240

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$1.12$1.47$1.30$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$1.17$1.03$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.80$0.90$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.64$0.74$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.62$0.39$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.30$1.21$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$1.09$0.98$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$1.24$1.38$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$1.46$1.47$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$2.11$2.35$0.24
2014Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$2.18$2.37$0.20
2013Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$2.85$2.49$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.91$0.68$0.59$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.82$0.70$0.47$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.59$0.73$0.54$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 20, 2025
Return Version
2024v5.0
Gross Receipts
$160,834
Mission and Program Overview

Mission

To promote the physical, mental and character development of boys and girls as well as men and women, by providing such means of recreation, training, education and guidance.

Program Services

DescriptionGrantsExpenses
TEAM PARENTS RAISES MONEY TO ASSIST GYMNASTS IN PAYING FEES ASSOICATED WITH GYMNASTIC COMPETITIONS SUCH AS COACHES FEES, TRAINER FEES, JUDGES FEES AND ENTRANCE FEES. DURING 2024 TEAM PARENTS ASSISTED AROUND 75 GYMNASTS IN PAYING FEES ASSOCIATED WITH COMPETITIONS. ADDITIONALLY, THE ORGANIZATION HOSTS YEARLY HOLIDAY PARTIES THAT ARE OPEN TO ALL GYMNASTS.-$126,166
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NANCY BERLEYPresident-$0--
HALEY HATHAWAYVice Preside-$0--
BRITTANY WALSHTreasurer-$0--
STEPHANIE WEAGLEClerk/Direct-$0--
NICOLE GLASBERGPresident El-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$16,421$16,421$3,534$12,887
Banquet$6,202$6,202$10,753$-4,551
Total Events$22,623$22,623$14,287$8,336
Filing and Contact Details

Filer

Filer Name
Team Parents Inc
EIN
04-2730920
Phone
5089621216
Address
148 MAIN STREET, CHERRY VALLEY, MA 01611

Signing Officer

Name
Brittany Walsh
Title
Treasurer
Phone
5089621216
Signed
2025-09-20
Discuss with paid preparer
Yes

Preparer

Firm
Dubrey Culliton & Associates LLC
Address
139 MAIN ST, STURBRIDGE, MA 01566-1208
Preparer
Thomas a Dubrey
Phone
5083473495
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses trophies and gifts 14,350 concessions/merchandise 4,081 fees 2,871 professional fees 1,000 meet fees 96,100 bad debts 2,240 parent refunds 2,186 taxes and licenses 572 other business expenses 329 meals & entertainment 302 travel 276 coach fees 6,000 total 130,307

Form 990-ez, Part III

To promote the physical, mental and character development of boys and girls as well as men and women, by providing such means of recreation, training, education and guidance.

Form 990-ez, Part III, Line 28

Team parents raises money to assist gymnasts in paying fees assoicated with gymnastic competitions such as coaches fees, trainer fees, judges fees and entrance fees. During 2024 team parents assisted around 75 gymnasts in paying fees associated with competitions. Additionally, the organization hosts yearly holiday parties that are open to all gymnasts.

Raw XML Appendix167 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHERRY VALLEY
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CLERK/DIRECT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT EL
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0130307
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE PHYSICAL, MENTAL AND CHARACTER DEVELOPMENT OF BOYS AND GIRLS AS WELL AS MEN AND WOMEN, BY PROVIDING SUCH MEANS OF RECREATION, TRAINING, EDUCATION AND GUIDANCE.
IRS990EZ/ProgramServiceRevenueAmt0138206
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TEAM PARENTS RAISES MONEY TO ASSIST GYMNASTS IN PAYING FEES ASSOICATED WITH GYMNASTIC COMPETITIONS SUCH AS COACHES FEES, TRAINER FEES, JUDGES FEES AND ENTRANCE FEES. DURING 2024 TEAM PARENTS ASSISTED AROUND 75 GYMNASTS IN PAYING FEES ASSOCIATED WITH COMPETITIONS. ADDITIONALLY, THE ORGANIZATION HOSTS YEARLY HOLIDAY PARTIES THAT ARE OPEN TO ALL GYMNASTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0126166
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SpecialEventsDirectExpensesAmt014287
IRS990EZ/SpecialEventsNetIncomeLossAmt08336
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt0130307
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt015
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0385
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TROPHIES AND GIFTS 14,350 CONCESSIONS/MERCHANDISE 4,081 FEES 2,871 PROFESSIONAL FEES 1,000 MEET FEES 96,100 BAD DEBTS 2,240 PARENT REFUNDS 2,186 TAXES AND LICENSES 572 OTHER BUSINESS EXPENSES 329 MEALS & ENTERTAINMENT 302 TRAVEL 276 COACH FEES 6,000 TOTAL 130,307
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROMOTE THE PHYSICAL, MENTAL AND CHARACTER DEVELOPMENT OF BOYS AND GIRLS AS WELL AS MEN AND WOMEN, BY PROVIDING SUCH MEANS OF RECREATION, TRAINING, EDUCATION AND GUIDANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TEAM PARENTS RAISES MONEY TO ASSIST GYMNASTS IN PAYING FEES ASSOICATED WITH GYMNASTIC COMPETITIONS SUCH AS COACHES FEES, TRAINER FEES, JUDGES FEES AND ENTRANCE FEES. DURING 2024 TEAM PARENTS ASSISTED AROUND 75 GYMNASTS IN PAYING FEES ASSOCIATED WITH COMPETITIONS. ADDITIONALLY, THE ORGANIZATION HOSTS YEARLY HOLIDAY PARTIES THAT ARE OPEN TO ALL GYMNASTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/EIN0042730920
ReturnHeader/Filer/PhoneNum05089621216
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS A DUBREY
ReturnHeader/ReturnTs02025-11-06T12:56:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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