Civic Intelligence

Teamwork Foundation Inc.

990 • Fiscal year 2015 • EIN 13-3073873

Jul 01, 2014 to Jun 30, 2015 • Filed on May 12, 2016

478 Gerard AvenueBronx, NY 10451

(718) 655-6952

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.11x

Higher debt load relative to assets than 61% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

71st percentile

0.17x

Higher debt load relative to revenue than 71% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

18th percentile

-8.7%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

24th percentile

-11%

Faster revenue growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$880,888

Down $83,499 (-8.7%) from 2014

Net Assets

Down

$784,024

Down $71,195 (-8.3%) from 2014

Liabilities

Down

$96,864

Down $12,304 (-11%) from 2014

Revenue

Down

$572,624

Down $70,239 (-11%) from 2014

Expenses

Down

$643,819

Down $59,782 (-8.5%) from 2014

Net Income

Down

-$71,195

Down $10,457 (-17%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2012: $643,232Liabilities 2012: $409,933Net Assets 2012: $233,2992012Assets 2013: $590,843Liabilities 2013: $105,209Net Assets 2013: $485,6342013Assets 2014: $964,387Liabilities 2014: $109,168Net Assets 2014: $855,2192014Assets 2015: $880,888Liabilities 2015: $96,864Net Assets 2015: $784,0242015Assets 2016: $835,542Liabilities 2016: $114,542Net Assets 2016: $721,0002016Assets 2017: $669,340Liabilities 2017: $108,331Net Assets 2017: $561,0092017Assets 2018: $613,643Liabilities 2018: $159,509Net Assets 2018: $454,1342018Assets 2019: $788,565Liabilities 2019: $246,117Net Assets 2019: $542,4482019Assets 2020: $724,260Liabilities 2020: $147,231Net Assets 2020: $577,0292020Assets 2021: $850,592Liabilities 2021: $203,836Net Assets 2021: $646,7562021Assets 2022: $725,273Liabilities 2022: $184,575Net Assets 2022: $540,6982022Assets 2023: $545,499Liabilities 2023: $141,858Net Assets 2023: $403,6412023

Highlighted filing

2015

Assets$880,888
Liabilities$96,864
Net Assets$784,024

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2012: $528,119Expenses 2012: $637,155Net Income 2012: -$109,0362012Revenue 2013: $570,669Expenses 2013: $618,334Net Income 2013: -$47,6652013Revenue 2014: $642,863Expenses 2014: $703,601Net Income 2014: -$60,7382014Revenue 2015: $572,624Expenses 2015: $643,819Net Income 2015: -$71,1952015Revenue 2016: $634,934Expenses 2016: $697,958Net Income 2016: -$63,0242016Revenue 2017: $522,306Expenses 2017: $677,498Net Income 2017: -$155,1922017Revenue 2018: $666,597Expenses 2018: $773,472Net Income 2018: -$106,8752018Revenue 2019: $947,724Expenses 2019: $859,410Net Income 2019: $88,3142019Revenue 2020: $743,937Expenses 2020: $709,356Net Income 2020: $34,5812020Revenue 2021: $860,518Expenses 2021: $790,791Net Income 2021: $69,7272021Revenue 2022: $939,447Expenses 2022: $1,045,505Net Income 2022: -$106,0582022Revenue 2023: $912,329Expenses 2023: $1,049,386Net Income 2023: -$137,0572023

Highlighted filing

2015

Revenue$572,624
Expenses$643,819
Net Income-$71,195
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 12, 2016
Return Version
2014v6.0
Gross Receipts
$572,624
Mission and Program Overview

Mission

To manage and operate competitive athletic programs, comprehensive educational services, & a community facility all to benefit underserved boys and girls, allowing them to stay in school, graduate, and gain access to a college education.

To manage and operate competitive athletic programs, comprehensive educational services, and a community facility all to benefit under-served boys and girls, allowing them to stay in school, graduate, and gain access to a college education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$883,372$809,429▼ $73,943
Rtn Earn Endowment Incm Other Fnds$855,219$784,024▼ $71,195
Loans From Officers Directors$73,177$73,177→ $0
Cash and Non-Interest-Bearing Accounts$32,573$50,977▲ $18,404
Other Notes and Loans Receivable, Net$17,690$10,780▼ $6,910
Accounts Receivable$30,752$9,702▼ $21,050
Total Assets$964,387$880,888▼ $83,499
Liabilities
Accounts Payable and Accrued Expenses$35,991$23,687▼ $12,304
Total Liabilities$109,168$96,864▼ $12,304
Net Assets / Fund Balance
Total Net Assets Fund Balance$855,219$784,024▼ $71,195
Total Liabilities and Net Assets / Fund Balance$964,387$880,888▼ $83,499

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$650,232$1,462,441$2,112,673
Leasehold Improvements$58,564$23,606$82,170
Land$63,671-$63,671
Other Land Buildings$36,962$9,592$46,554
Equipment-$16,137$16,137
Compensation and Service Providers

Board Members and Trustees

NameTitle
LOU D'ALMEIDAChairman Eme
Charles ChiaraPresident
Adam BronfmanBoard Member
Margaret BaderBoard Member
John BeatySecretary Tr
Revenue and Support

Revenue Composition

Contributions and Grants
$370,001
Program Service Revenue
$57,735
Investment Income
$698
Other Revenue
$144,190
All Other Contributions
$370,001
Change in Net Assets
$-71,195

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Miscellaneous5$63,228Avg Valuation
Total Noncash Contributions5$63,228-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$483,226
Salaries, Compensation, and Employee Benefits$160,543
Professional Fundraising Fees$50
Total Fundraising Expense$50
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$82,703$55,136-$137,839
Occupancy$69,338$17,335-$86,673
Fees for Services Other$82,435--$82,435
Depreciation Depletion$70,931$7,881-$78,812
Travel$66,631--$66,631
Fees for Services Accounting-$40,266-$40,266
Payroll Taxes$10,700$7,133-$17,833
All Other Expenses$13,372$1,875-$15,247
Information Technology$10,410--$10,410
Insurance$1,804$6,396-$8,200
Other Expenses$6,313--$6,313
Advertising$5,100--$5,100
Other Employee Benefits$2,923$1,948-$4,871
Office Expenses-$2,902-$2,902
Interest-$1,561-$1,561
Fees for Services Professional Fundraising--$50$50
Total Functional Expenses$501,336$142,433$50$643,819
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$50
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$73,177$73,177→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

John beaty charlie chiara treasurer president brother

Form 990, Page 6, Part VI, Line 11B

The form 990 will not be provided to all members of the board of trustees prior to its filing. The form will be reviewed by the president and treasurer.

Form 990, Page 6, Part VI, Line 19

Upon written request, the organization makes its governing documents and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Teamwork Foundation Inc
EIN
13-3073873
Phone
7186556952
Address
478 GERARD AVENUE, BRONX, NY 10451

Signing Officer

Name
Charles Chiara
Title
President
Phone
7186556952
Signed
2016-05-12

Organization Details

Principal Officer
LOU D'ALMEIDA
Formed
1980
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
10

Preparer

Firm
Irwin Kaufman CPA
Address
1203 AVE J 3RD FL, BROOKLYN, NY 11230
Preparer
Irwin Kaufman
Phone
7183763456
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To manage and operate competitive athletic programs, comprehensive educational services, and a community facility all to benefit under-served boys and girls, allowing them to stay in school, graduate, and gain access to a college education.

Form 990, Part IX, Line 11G

Contract labor 75,275 0 0 referee fees 7,160 0 0

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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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IRS990ScheduleA/PublicSupportPY170Pct00.92380
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0457070
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0440146
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0432147
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0550793
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02250157
IRS990ScheduleA/TotalSupportAmt02566525
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0650232
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01462441
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02112673
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016137
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016137
IRS990ScheduleD/LandGrp/BookValueAmt063671
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt063671
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt058564
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt023606
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt082170
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt036962
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09592
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt046554
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0809429
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt073177
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TEAM TRAVEL EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0CHARLES CHIARA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0(A) NAME OF PERSON: CHARLES CHIARA (C) PURPOSE OF LOAN: TEAM TRAVEL EXPENSES
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990ScheduleL/TotalBalanceDueAmt073177
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesMiscellaneousGrp/ContributionCnt05
IRS990ScheduleM/SecuritiesMiscellaneousGrp/MethodOfDeterminingRevenuesTxt0AVG VALUATION
IRS990ScheduleM/SecuritiesMiscellaneousGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesMiscellaneousGrp/NoncashContributionsRptF990Amt063228
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO MANAGE AND OPERATE COMPETITIVE ATHLETIC PROGRAMS, COMPREHENSIVE EDUCATIONAL SERVICES, AND A COMMUNITY FACILITY ALL TO BENEFIT UNDER-SERVED BOYS AND GIRLS, ALLOWING THEM TO STAY IN SCHOOL, GRADUATE, AND GAIN ACCESS TO A COLLEGE EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JOHN BEATY CHARLIE CHIARA TREASURER PRESIDENT BROTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WILL NOT BE PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO ITS FILING. THE FORM WILL BE REVIEWED BY THE PRESIDENT AND TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON WRITTEN REQUEST, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT LABOR 75,275 0 0 REFEREE FEES 7,160 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0880888
IRS990/TotalAssetsGrp/BOYAmt0964387
IRS990/TotalAssetsGrp/EOYAmt0880888
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0370001
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt050
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0142433
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0501336
IRS990/TotalFunctionalExpensesGrp/TotalAmt0643819
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0109168
IRS990/TotalLiabilitiesEOYAmt096864
IRS990/TotalLiabilitiesGrp/BOYAmt0109168
IRS990/TotalLiabilitiesGrp/EOYAmt096864
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0855219
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0784024
IRS990/TotalProgramServiceExpensesAmt0501336
IRS990/TotalProgramServiceRevenueAmt057735
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0202623
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0572624
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0964387
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0880888
IRS990/TravelGrp/ProgramServicesAmt066631
IRS990/TravelGrp/TotalAmt066631
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0478 GERARD AVENUE
IRS990/USAddress/CityNm0BRONX
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010451
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.NEWYORKGAUCHOS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES CHIARA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07186556952
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEAMWORK FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0TEAM
ReturnHeader/Filer/EIN0133073873
ReturnHeader/Filer/PhoneNum07186556952
ReturnHeader/Filer/USAddress/AddressLine1Txt0478 GERARD AVENUE
ReturnHeader/Filer/USAddress/CityNm0BRONX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010451
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0112549964
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0IRWIN KAUFMAN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01203 AVE J 3RD FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011230
ReturnHeader/PreparerPersonGrp/PhoneNum07183763456
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0IRWIN KAUFMAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-13T13:26:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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