Civic Intelligence

Teamwork Foundation Inc.

990 • Fiscal year 2016 • EIN 13-3073873

Jul 01, 2015 to Jun 30, 2016 • Filed on May 11, 2017

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

65th percentile

0.14x

Higher debt load relative to assets than 65% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.18x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

22nd percentile

-9.9%

Higher net margin than 22% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

25th percentile

-5.1%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$835,542

Down $45,346 (-5.1%) from 2015

Net Assets

Down

$721,000

Down $63,024 (-8.0%) from 2015

Liabilities

Up

$114,542

Up $17,678 (+18%) from 2015

Revenue

Up

$634,934

Up $62,310 (+11%) from 2015

Expenses

Up

$697,958

Up $54,139 (+8.4%) from 2015

Net Income

Up

-$63,024

Up $8,171 (+11%) from 2015

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

2016

Assets$835,542
Liabilities$114,542
Net Assets$721,000

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

2016

Revenue$634,934
Expenses$697,958
Net Income-$63,024
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 11, 2017
Return Version
2015v3.0
Gross Receipts
$634,934
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.

The organization provides after-school spring and summer programs for more than 500 inner city boys and girls each year through the new york gauchos basketball program. To date, more than 10,000 children and young adults have gone through the program and hundreds have gone on to college and the nba. The organization maintains a gymnasium in the bronx, ny, that is home to twelve gaucho teams, a weekend development program for small children as well as many community events throughout the year.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$809,429$733,852▼ $75,577
Rtn Earn Endowment Incm Other Fnds$784,024$721,000▼ $63,024
Cash and Non-Interest-Bearing Accounts$50,977$79,548▲ $28,571
Loans From Officers Directors$73,177$73,177→ $0
Accounts Receivable$9,702$11,172▲ $1,470
Other Notes and Loans Receivable, Net$10,780$10,970▲ $190
Total Assets$880,888$835,542▼ $45,346
Liabilities
Accounts Payable and Accrued Expenses$23,687$41,365▲ $17,678
Total Liabilities$96,864$114,542▲ $17,678
Net Assets / Fund Balance
Total Net Assets Fund Balance$784,024$721,000▼ $63,024
Total Liabilities and Net Assets / Fund Balance$880,888$835,542▼ $45,346

Asset Categories

AssetBook ValueDepreciationBasis
Land$63,671-$63,671
Buildings$573,907$1,538,766-
Other Land Buildings$38,942$11,206-
Equipment-$16,137-
Leasehold Improvements$57,332$24,838-
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
$428,775
Program Service Revenue
$68,797
Investment Income
$292
Other Revenue
$137,070
All Other Contributions
$428,775
Change in Net Assets
$-63,024

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 Amount
Securities Miscellaneous8$129,152
Total Noncash Contributions8$129,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$521,722
Salaries, Compensation, and Employee Benefits$176,236
Total Fundraising Expense$15,072
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,156$61,437-$153,593
Fees for Services Other$82,685-$15,072$97,757
Occupancy$94,881--$94,881
Travel$84,861--$84,861
Depreciation Depletion$71,254$7,917-$79,171
Fees for Services Accounting-$36,969-$36,969
Payroll Taxes$13,586$9,057-$22,643
All Other Expenses$16,567$2,432-$18,999
Other Expenses$12,047--$12,047
Information Technology$6,563$3,465-$10,028
Insurance$1,500$5,316-$6,816
Interest-$2,472-$2,472
Office Expenses$687$1,116-$1,803
Advertising$300--$300
Total Functional Expenses$552,705$130,181$15,072$697,958
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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 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
2017-05-11

Organization Details

Principal Officer
LOU D'ALMEIDA
Formed
1980
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
9

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 atheltic 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 76,365 0 0 referee fees 6,320 0 0 gala planning 0 0 15,072

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt043100
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt031920
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0409130
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0206159
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83880
IRS990ScheduleA/PublicSupportPY170Pct00.91640
IRS990ScheduleA/PublicSupportTotal170Amt02128139
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0428775
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0370001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0457070
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0440146
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0432147
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02128139
IRS990ScheduleA/TotalSupportAmt02537269
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0573907
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01538766
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02112673
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016137
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt016137
IRS990ScheduleD/LandGrp/BookValueAmt063671
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt063671
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt057332
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt024838
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt082170
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt038942
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011206
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt050148
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0733852
IRS990/ScheduleJRequiredInd0false
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/ContributionCnt08
IRS990ScheduleM/SecuritiesMiscellaneousGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesMiscellaneousGrp/NoncashContributionsRptF990Amt0129152
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO MANAGE AND OPERATE COMPETITIVE ATHELTIC 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/ExplanationTxt1THE 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/ExplanationTxt2UPON WRITTEN REQUEST, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT LABOR 76,365 0 0 REFEREE FEES 6,320 0 0 GALA PLANNING 0 0 15,072
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0880888
IRS990/TotalAssetsEOYAmt0835542
IRS990/TotalAssetsGrp/BOYAmt0880888
IRS990/TotalAssetsGrp/EOYAmt0835542
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0428775
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015072
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0130181
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0552705
IRS990/TotalFunctionalExpensesGrp/TotalAmt0697958
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt096864
IRS990/TotalLiabilitiesEOYAmt0114542
IRS990/TotalLiabilitiesGrp/BOYAmt096864
IRS990/TotalLiabilitiesGrp/EOYAmt0114542
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0784024
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0721000
IRS990/TotalProgramServiceExpensesAmt0552705
IRS990/TotalProgramServiceRevenueAmt068797
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0206159
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0634934
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0880888
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0835542
IRS990/TravelGrp/ProgramServicesAmt084861
IRS990/TravelGrp/TotalAmt084861
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.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES CHIARA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07186556952
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-11
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/PreparationDt02017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0IRWIN KAUFMAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-15T16:43:57-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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