Civic Intelligence

Team Excel Inc.

990 • Fiscal year 2020 • EIN 26-4470815

May 01, 2019 to Apr 30, 2020 • Filed on Dec 24, 2020

1240 Soldiers Field RdBoston, MA 02135

(508) 395-7004

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.05x

Higher debt load relative to assets than 52% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.03x

Higher debt load relative to revenue than 45% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

69th percentile

19%

Higher net margin than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

80th percentile

41%

Faster asset growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

-6.3%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$523,727

Up $153,171 (+41%) from 2019

Net Assets

Up

$495,139

Up $137,302 (+38%) from 2019

Liabilities

Up

$28,588

Up $15,869 (+125%) from 2019

Revenue

Down

$827,090

Down $55,512 (-6.3%) from 2019

Expenses

Down

$672,149

Down $15,404 (-2.2%) from 2019

Net Income

Down

$154,941

Down $40,108 (-21%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2012: $88,603Liabilities 2012: $106,148Net Assets 2012: -$17,5452012Assets 2013: $95,250Liabilities 2013: $94,799Net Assets 2013: $4512013Assets 2014: $64,983Liabilities 2014: $76,332Net Assets 2014: -$11,3492014Assets 2015: $92,026Liabilities 2015: $67,891Net Assets 2015: $24,1352015Assets 2016: $175,739Liabilities 2016: $136,338Net Assets 2016: $39,4012016Assets 2017: $49,167Liabilities 2017: $24,763Net Assets 2017: $24,4042017Assets 2018: $167,283Liabilities 2018: $32,645Net Assets 2018: $134,6382018Assets 2019: $370,556Liabilities 2019: $12,719Net Assets 2019: $357,8372019Assets 2020: $523,727Liabilities 2020: $28,588Net Assets 2020: $495,1392020Assets 2021: $615,151Liabilities 2021: $31,265Net Assets 2021: $583,8862021Assets 2022: $739,822Liabilities 2022: $72,210Net Assets 2022: $667,6122022Assets 2023: $915,516Liabilities 2023: $90,222Net Assets 2023: $825,2942023Assets 2024: $1,018,293Liabilities 2024: $44,890Net Assets 2024: $973,4032024Assets 2025: $1,136,689Liabilities 2025: $73,055Net Assets 2025: $1,063,6342025

Highlighted filing

2020

Assets$523,727
Liabilities$28,588
Net Assets$495,139

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $181,933Expenses 2012: $246,961Net Income 2012: -$65,0282012Expenses 2013: $518,4742013Revenue 2014: $517,909Expenses 2014: $529,709Net Income 2014: -$11,8002014Revenue 2015: $553,623Expenses 2015: $518,139Net Income 2015: $35,4842015Revenue 2016: $579,061Expenses 2016: $563,795Net Income 2016: $15,2662016Revenue 2017: $593,377Expenses 2017: $594,052Net Income 2017: -$6752017Revenue 2018: $812,388Expenses 2018: $664,811Net Income 2018: $147,5772018Revenue 2019: $882,602Expenses 2019: $687,553Net Income 2019: $195,0492019Revenue 2020: $827,090Expenses 2020: $672,149Net Income 2020: $154,9412020Revenue 2021: $511,993Expenses 2021: $422,746Net Income 2021: $89,2472021Revenue 2022: $823,573Expenses 2022: $699,264Net Income 2022: $124,3092022Revenue 2023: $846,999Expenses 2023: $689,317Net Income 2023: $157,6822023Revenue 2024: $963,366Expenses 2024: $815,257Net Income 2024: $148,1092024Revenue 2025: $1,128,976Expenses 2025: $975,404Net Income 2025: $153,5722025

Highlighted filing

2020

Revenue$827,090
Expenses$672,149
Net Income$154,941
Jump To
Filing Snapshot
Filing Period
May 1, 2019 to Apr 30, 2020
Signed
Dec 24, 2020
Return Version
2019v5.0
Gross Receipts
$827,090
Mission and Program Overview

Mission

To promote the art of synchronized skating and prepare teams for national and international competition, to encourage teamwork and sportsmanship, and to support individual skaters as they seek to attain their unique potential and teams as they strive to achieve their full potential as a team.

To promote the art of synchronized skating and prepare teams for national and international competition, encourage teamwork and sportmanship and support individual skaters as they seek to attain their unique potential and teams as they seek to achieve their full potential as a team.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$361,495$489,814▲ $128,319
Accounts Receivable$5,741$33,913▲ $28,172
Inventories for Sale or Use$2,252$0▼ $2,252
Prepaid Expenses and Deferred Charges$1,068$0▼ $1,068
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Total Assets$370,556$523,727▲ $153,171
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$12,719$22,340▲ $9,621
Other Liabilities-$6,248-
Total Liabilities$12,719$28,588▲ $15,869
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$357,837$495,139▲ $137,302
Total Net Assets Fund Balance$357,837$495,139▲ $137,302
Total Liabilities and Net Assets / Fund Balance$370,556$523,727▲ $153,171
Compensation and Service Providers

Board Members and Trustees

NameTitle
Renato TortoraPresident
Deanne BensonVice President
Christine McmurrayDirector
JIM O'BRIENDirector
Lee Anne FilosaDirector
Lee Gjertsen MaloneDirector
Beth LynchSecretary
Mary NaphtalTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$42,761
Program Service Revenue
$784,329
Investment Income
$0
Other Revenue
$0
All Other Contributions
$42,761
Change in Net Assets
$154,941

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
Other Non Cash Contri Table1$42,683Market Rate
Total Noncash Contributions1$42,683-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$596,456
Salaries, Compensation, and Employee Benefits$42,683
Grants and Similar Amounts Paid$33,010
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$76,846--$76,846
All Other Expenses$47,315--$47,315
Other Salaries and Wages$42,683--$42,683
Grants to Domestic Individuals$33,010--$33,010
Fees for Services Accounting-$12,940-$12,940
Office Expenses-$6,073-$6,073
Occupancy-$5,294-$5,294
Insurance-$2,659-$2,659
Total Functional Expenses$645,183$26,966$0$672,149
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$6,248
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Team Excel Inc
EIN
26-4470815
Phone
5083957004
Address
1240 SOLDIERS FIELD RD, BOSTON, MA 02135

Signing Officer

Name
Mary Naphtal
Title
Treasurer
Signed
2020-12-24
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Sandler & Company PC
Address
144 Gould Street Suite 204, Needham, MA 02494
Preparer
Donald R Sandler CPA
Phone
7814551480
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Prior period adjustment = -$17639

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0686804
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt197525
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0686804
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt197525
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt043851
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt032700
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0612170
IRS990/PYProgramServiceRevenueAmt0838751
IRS990/PYRevenuesLessExpensesAmt0195049
IRS990/PYSalariesCompEmpBnftPaidAmt042683
IRS990/PYTotalExpensesAmt0687553
IRS990/PYTotalRevenueAmt0882602
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0154941
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0827090
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0839919
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0772388
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0553944
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0579061
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03572402
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt03572402
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0827090
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0839919
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0772388
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0553944
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0579061
IRS990ScheduleA/Total509Grp/TotalAmt03572402
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0827090
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0839919
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0772388
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0553944
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0579061
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03572402
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/OtherLiabilitiesOrgGrp/Amt06248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/TotalLiabilityAmt06248
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt033010
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt011
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0CONTRIBUTED SERVICES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0MARKET RATE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt042683
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT = -$17639
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0370556
IRS990/TotalAssetsEOYAmt0523727
IRS990/TotalAssetsGrp/BOYAmt0370556
IRS990/TotalAssetsGrp/EOYAmt0523727
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt042761
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026966
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0645183
IRS990/TotalFunctionalExpensesGrp/TotalAmt0672149
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012719
IRS990/TotalLiabilitiesEOYAmt028588
IRS990/TotalLiabilitiesGrp/BOYAmt012719
IRS990/TotalLiabilitiesGrp/EOYAmt028588
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0357837
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0495139
IRS990/TotalProgramServiceExpensesAmt0645183
IRS990/TotalProgramServiceRevenueAmt0784329
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0784329
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0827090
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0370556
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0523727
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt01240 SOLDIERS FIELD RD
IRS990/USAddress/CityNm0BOSTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002135
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.EXCELSYNCHRO.ORG
IRS990/WhistleblowerPolicyInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.14$0.07$1.06$1.13$0.98$0.15
2024Detailed filing. Detailed filing data is available for this year.$1.02$0.04$0.97$0.96$0.82$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.92$0.09$0.83$0.85$0.69$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.74$0.07$0.67$0.82$0.70$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.03$0.58$0.51$0.42$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.52$0.03$0.50$0.83$0.67$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.36$0.88$0.69$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.03$0.13$0.81$0.66$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.02$0.02$0.59$0.59$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.14$0.04$0.58$0.56$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.07$0.02$0.55$0.52$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.08$0.01$0.52$0.53$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.09$0.00$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.11$0.02$0.18$0.25$0.07