Civic Intelligence

T E a M Foundation Inc.

990EZ • Fiscal year 2022 • EIN 27-3173336

May 01, 2021 to Apr 30, 2022 • Filed on Dec 28, 2022

PO Box 795Lincolnton, NC 28093

(704) 735-3092

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

90th percentile

78%

Higher net margin than 90% of similar nonprofits.

2022 filings • NTEE T30 • <$500k nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2022 filings • NTEE T30 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

Up

$120,236

Up $80,514 (+203%) from 2013

Net Assets

Up

$120,236

Up $80,514 (+203%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$84,641

Up $56,390 (+200%) from 2013

Expenses

$18,967

No earlier filing loaded for comparison.

Net Income

$65,674

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $18,499Net Assets 2011: $18,4992011Assets 2012: $11,471Net Assets 2012: $11,4712012Assets 2013: $39,722Net Assets 2013: $39,7222013Assets 2022: $120,236Net Assets 2022: $120,2362022Assets 2023: $65,950Net Assets 2023: $65,9502023Assets 2025: $94,045Net Assets 2025: $94,0452025

Highlighted filing

2022

Assets$120,236
Liabilities-
Net Assets$120,236

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2011: $63,392Expenses 2011: $44,893Net Income 2011: $18,4992011Revenue 2012: $21,801Expenses 2012: $28,829Net Income 2012: -$7,0282012Revenue 2013: $28,2512013Revenue 2022: $84,641Expenses 2022: $18,967Net Income 2022: $65,6742022Revenue 2023: $46,305Expenses 2023: $100,591Net Income 2023: -$54,2862023Revenue 2025: $35,856Expenses 2025: $57,123Net Income 2025: -$21,2672025

Highlighted filing

2022

Revenue$84,641
Expenses$18,967
Net Income$65,674
Jump To
Filing Snapshot
Filing Period
May 1, 2021 to Apr 30, 2022
Signed
Dec 28, 2022
Return Version
2021v4.1
Gross Receipts
$118,319
Mission and Program Overview

Mission

To support local community schools and charities through various fundraising activies

Program Services

DescriptionGrantsExpenses
ORGANIZATION IS A WAY FOR TIMES OIL CORPORATION TO GIVE BACK TO ITS HOME COMMUNITIES, ENRICHING THE LIVES OF THEIR YOUNG PEOPLE THROUGH SUPPORT OF LOCAL EDUCAITONAL ORGANIZATIONS AND RECREATIONAL OPPORTUNITIES AND TO CONTRIBUTE SUPPORT TO LOCAL CHARITIES.-$52,645
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID M BOYDPresident-$0--
HUNTER BOYDVice President-$0--
DEBORAH OWENSSecretary-$0--
DANIEL M BOYD IVDirector-$0--
DANIEL M BOYD IIIDirector-$0--
DONNA J SCATESDirector-$0--
LARRY DEAN BROWNDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$113,412$113,412-$113,412
Total Events$113,412$113,412$33,678$79,734
Filing and Contact Details

Filer

Filer Name
T E a M Foundation Inc
EIN
27-3173336
Phone
7047353092
Address
PO BOX 795, LINCOLNTON, NC 28093

Signing Officer

Name
David M Boyd
Title
President
Signed
2022-12-28
Discuss with paid preparer
Yes

Preparer

Firm
Scates and Sellers CPA Pa
Address
2817 E HWY 27, LINCOLNTON, NC 28092
Preparer
Donna J Scates
Phone
7047358786
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $3437

Other Expenses.1

Program exp-schools $10000

Other Expenses.2

PROGRAM EXP $5530

Raw XML Appendix185 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DONNA J SCATES CPA
IRS990EZ/BooksInCareOfDetail/PhoneNum07047358786
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02817 E HWY 27
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LINCOLNTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028092
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt054562
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0120236
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04860
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt065674
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt054562
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0120236
IRS990EZ/FundraisingGrossIncomeAmt0113412
IRS990EZ/GrossReceiptsAmt0118319
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt047
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt054562
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0120236
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt054562
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0120236
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID M BOYD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HUNTER BOYD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEBORAH OWENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DANIEL M BOYD IV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DANIEL M BOYD III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DONNA J SCATES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LARRY DEAN BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt018967
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT LOCAL COMMUNITY SCHOOLS AND CHARITIES THROUGH VARIOUS FUNDRAISING ACTIVIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ORGANIZATION IS A WAY FOR TIMES OIL CORPORATION TO GIVE BACK TO ITS HOME COMMUNITIES, ENRICHING THE LIVES OF THEIR YOUNG PEOPLE THROUGH SUPPORT OF LOCAL EDUCAITONAL ORGANIZATIONS AND RECREATIONAL OPPORTUNITIES AND TO CONTRIBUTE SUPPORT TO LOCAL CHARITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt052645
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt033678
IRS990EZ/SpecialEventsNetIncomeLossAmt079734
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt018967
IRS990EZ/TotalProgramServiceExpensesAmt052645
IRS990EZ/TotalRevenueAmt084641
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04860
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt07050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt07110
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt019020
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt047
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt023
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0131
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0113412
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt055622
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt051670
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt047990
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0268694
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0131
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt0287714
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0118272
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07050
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt055622
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt051670
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt055100
IRS990ScheduleA/Total509Grp/TotalAmt0287714
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0118319
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt055644
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt051692
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt055117
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0287845
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt033678
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0113412
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0113412
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0113412
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0113412
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt079734
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt033678
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt033678
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $3437
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAM EXP-SCHOOLS $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROGRAM EXP $5530
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID M BOYD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-12-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0T E A M FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0TEAM
ReturnHeader/Filer/EIN0273173336
ReturnHeader/Filer/PhoneNum07047353092
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 795
ReturnHeader/Filer/USAddress/CityNm0LINCOLNTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028093
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561390852
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCATES AND SELLERS CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02817 E HWY 27
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LINCOLNTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028092
ReturnHeader/PreparerPersonGrp/PhoneNum07047358786
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONNA J SCATES
ReturnHeader/ReturnTs02022-12-28T07:39:20-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID M
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOYD
ReturnHeader/TaxPeriodBeginDt02021-05-01
ReturnHeader/TaxPeriodEndDt02022-04-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings