Civic Intelligence

Teal Tea Foundation Inc.

990EZ • Fiscal year 2015 • EIN 26-4050794

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 12, 2017

19 Longwood LaneColumbus, NJ 08022

(855) 832-5832

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • NTEE E • <$500k nonprofits • Source year 2015

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • NTEE E • <$500k nonprofits • Source year 2015

Net Margin

60th percentile

12%

Higher net margin than 60% of similar nonprofits.

2015 filings • NTEE E • <$500k nonprofits • Source year 2015

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2015 filings • NTEE E • <$500k nonprofits • Source year 2015

Asset Growth

73rd percentile

20%

Faster asset growth than 73% of similar nonprofits.

2015 filings • NTEE E • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

86th percentile

55%

Faster revenue growth than 86% of similar nonprofits.

2015 filings • NTEE E • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$48,534

Up $8,054 (+20%) from 2014

Net Assets

Up

$48,534

Up $8,054 (+20%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$66,073

Up $23,411 (+55%) from 2014

Expenses

Up

$58,019

Up $31,776 (+121%) from 2014

Net Income

Down

$8,054

Down $8,365 (-51%) from 2014

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2012: $2,917Liabilities 2012: $0Net Assets 2012: $2,9172012Assets 2013: $17,192Liabilities 2013: $0Net Assets 2013: $17,1922013Assets 2014: $40,480Liabilities 2014: $0Net Assets 2014: $40,4802014Assets 2015: $48,534Liabilities 2015: $0Net Assets 2015: $48,5342015Assets 2019: $45,071Liabilities 2019: $0Net Assets 2019: $45,0712019Assets 2020: $47,740Liabilities 2020: $0Net Assets 2020: $47,7402020Assets 2021: $28,561Liabilities 2021: $0Net Assets 2021: $28,5612021Assets 2022: $21,849Liabilities 2022: $0Net Assets 2022: $21,8492022

Highlighted filing

2015

Assets$48,534
Liabilities$0
Net Assets$48,534

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $33,492Expenses 2012: $31,117Net Income 2012: $2,3752012Revenue 2013: $42,925Expenses 2013: $28,650Net Income 2013: $14,2752013Revenue 2014: $42,662Expenses 2014: $26,243Net Income 2014: $16,4192014Revenue 2015: $66,073Expenses 2015: $58,019Net Income 2015: $8,0542015Revenue 2019: $53,422Expenses 2019: $56,974Net Income 2019: -$3,5522019Revenue 2020: $51,621Expenses 2020: $48,952Net Income 2020: $2,6692020Revenue 2021: $8,346Expenses 2021: $27,525Net Income 2021: -$19,1792021Revenue 2022: $4,231Expenses 2022: $10,943Net Income 2022: -$6,7122022

Highlighted filing

2015

Revenue$66,073
Expenses$58,019
Net Income$8,054
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 12, 2017
Return Version
2015v3.0
Gross Receipts
$93,610
Mission and Program Overview

Mission

Ovarian cancer awareness regarding detection and treatment; the support of ovarian cancer research toward detection, treatment and cure; and the support of women with ovarian cancer and their families.

Program Services

DescriptionGrantsExpenses
10th Annual Teal Tea Gala in May to celebrate 10 years of honoring woman who are and have fought ovarian cancer and to show support to them and their families. To raise funds for research and awareness of ovarian cancer.$0$20,465
In 2014 the Foundation pledged $50,000.00 to Stand Up to Cancer first, worldwide ovarian cancer research team. The pledge will be paid out over four years with the first payment made in January of 2015 in the amount of $12,500.00. The Foundation's hope is that this research will focus on methods for early detection and better treatment options.$12,500$0
Two separate grants to Dr. Elyce Cardonick at MD Anderson Cooper and Dr. Mantia Smaldone at Fox Chase Cancer Center in the amount of $5,000.00 totaling $10,000.00.$10,000$0
Give a Woman a Lift Program disbursed $6,641.00 to women to help reduce and cover the cost of transportation related to their cancer treatments.$6,641$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jean ShiposExecutive DirectorPT$0--
Janice SwierczekPresidentPT$0--
Kristina TatumVice PresidentPT$0--
Venessa ChengTreasurePT$0--
Jennifer FoxVice President Social MediaPT$0--
Anne GoldenVice President Of Fund RaisingPT$0--
Pat LenhartVice President Of PublicityPT$0--
Audrey HarrisTrustee-$0--
Brian CiuffredaTrustee-$0--
Patty HughesTrustee-$0--
Lauren KuikTrustee-$0--
Nicole ShiposTrustee-$0--
Judith LauterTrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
10th Annual Teal Tea Gala 2015$27,291$27,291$2,319$24,972
Total Events$27,291$27,291$20,465$6,826
Filing and Contact Details

Filer

Filer Name
Teal Tea Foundation Inc
EIN
26-4050794
Phone
8558325832
Address
19 Longwood Lane, Columbus, NJ 08022

Signing Officer

Name
Keith McWhirk
Title
Board Member
Phone
6099472685
Signed
2017-07-12
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

In 2014 the Foundation pledged $50,000.00 to Stand Up to Cancer first, worldwide ovarian cancer research team. The pledge will be paid out over four years with the first payment made in January of 2015. The Foundation's hope is that this research will focus on methods for early detection and better treatment options. The Foundation also gave a $5,000.00 donation to Dr. Elyce Cardonick at MD Anderson Cooper and a $5,000.00 donation to Dr. Mantia Smaldone at Fox Chase Cancer Center. In 2015 the Foundation distributed $6,641.00 through the Give a Woman a Lift Program which provides transportation for women to their cancer treatments. The Foundation also gave $650.00 to the Ovarian Cancer National Alliance.

Form 990-EZ, Part I, Line 16

The Foundation spent $7,157.16 on our Awareness Program including publications and handout materials and "Our Thoughts are with you Program." The Foundation spent $644.35 on convention and conferences including related travel expenses. The Foundation donated $904.84 to other Ovarian Cancer organizations in support of their efforts. The Foundation spent $798.73 on postage and mailing; $56.43 on printing and copying; $481.41 on telephone services; $183.91 for supplies; $150.21 on volunteer appreciation; $1,513.48 on bank fees; $1,575 on advertising and publicity; $215.00 on social media and internet expenses; and $14,548.13 on other expenses. The total expenses are $28,228.73.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1In 2014 the Foundation pledged $50,000.00 to Stand Up to Cancer first, worldwide ovarian cancer research team. The pledge will be paid out over four years with the first payment made in January of 2015 in the amount of $12,500.00. The Foundation's hope is that this research will focus on methods for early detection and better treatment options.
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt075174
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt057070
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt076232
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt061683
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt055227
IRS990ScheduleA/Total509Grp/TotalAmt0325386
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt075200
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt057093
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt076259
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt061730
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt055259
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0325541
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt07524
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt07524
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020465
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm010th Annual Teal Tea Gala 2015
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt010622
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt010622
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt027291
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt027291
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt027291
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt027291
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06826
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02319
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02319
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0In 2014 the Foundation pledged $50,000.00 to Stand Up to Cancer first, worldwide ovarian cancer research team. The pledge will be paid out over four years with the first payment made in January of 2015. The Foundation's hope is that this research will focus on methods for early detection and better treatment options. The Foundation also gave a $5,000.00 donation to Dr. Elyce Cardonick at MD Anderson Cooper and a $5,000.00 donation to Dr. Mantia Smaldone at Fox Chase Cancer Center. In 2015 the Foundation distributed $6,641.00 through the Give a Woman a Lift Program which provides transportation for women to their cancer treatments. The Foundation also gave $650.00 to the Ovarian Cancer National Alliance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Foundation spent $7,157.16 on our Awareness Program including publications and handout materials and "Our Thoughts are with you Program." The Foundation spent $644.35 on convention and conferences including related travel expenses. The Foundation donated $904.84 to other Ovarian Cancer organizations in support of their efforts. The Foundation spent $798.73 on postage and mailing; $56.43 on printing and copying; $481.41 on telephone services; $183.91 for supplies; $150.21 on volunteer appreciation; $1,513.48 on bank fees; $1,575 on advertising and publicity; $215.00 on social media and internet expenses; and $14,548.13 on other expenses. The total expenses are $28,228.73.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0We have replaced the Treasurer in for 2016 and are catching up on all returns and other filings. We had a transitional period and have new policies and procedures in place moving forward. The information was available and returns were believed to have been filed.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Keith McWhirk
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Member
ReturnHeader/BusinessOfficerGrp/PhoneNum06099472685
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEAL TEA FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0TEAL
ReturnHeader/Filer/EIN0264050794
ReturnHeader/Filer/PhoneNum08558325832
ReturnHeader/Filer/USAddress/AddressLine1Txt019 Longwood Lane
ReturnHeader/Filer/USAddress/CityNm0Columbus
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008022
ReturnHeader/ReturnTs02017-07-12T21:16:03-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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