Civic Intelligence

T E a M Foundation Inc.

990EZ • Fiscal year 2023 • EIN 27-3173336

May 01, 2022 to Apr 30, 2023 • Filed on Sep 17, 2023

Organization ProfileN/A
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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

7th percentile

-117%

Higher net margin than 7% of similar nonprofits.

2023 filings • NTEE T30 • <$500k nonprofits • Source year 2023

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.

2023 filings • NTEE T30 • <$500k nonprofits • Source year 2023

Asset Growth

13th percentile

-45%

Faster asset growth than 13% of similar nonprofits.

2023 filings • NTEE T30 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

-45%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • NTEE T30 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$65,950

Down $54,286 (-45%) from 2022

Net Assets

Down

$65,950

Down $54,286 (-45%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin7th percentile

Revenue

Down

$46,305

Down $38,336 (-45%) from 2022

Expenses

Up

$100,591

Up $81,624 (+430%) from 2022

Net Income

Down

-$54,286

Down $119,960 (-183%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

2023

Assets$65,950
Liabilities-
Net Assets$65,950
Open 2023 Filing

Operations Trend

Revenue Growth19th percentile

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

2023

Revenue$46,305
Expenses$100,591
Net Income-$54,286
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Sep 17, 2023
Return Version
2022v5.0
Gross Receipts
$80,715
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.-$100,591
Compensation and Service Providers
Top Officer Pay92nd percentile

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$80,675$80,675-$80,675
Total Events$80,675$80,675$34,410$46,265
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
2023-09-17
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 $3294”

Other Expenses.1

“PROGRAM EXP $81000”

Other Expenses.2

“Program exp-schools $16297”

Raw XML Appendix179 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.

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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/OtherExpensesTotalAmt0100591
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/ProgramServiceExpensesAmt0100591
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt034410
IRS990EZ/SpecialEventsNetIncomeLossAmt046265
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt046305
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04860
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011910
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt047
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0114
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0113412
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt055622
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt051670
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0220704
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt047
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt023
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0114
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0232614
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0232728
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt034410
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt080675
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt080675
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt034410
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt034410
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $3294
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAM EXP $81000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROGRAM EXP-SCHOOLS $16297
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID M BOYD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-17
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561390852
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LINCOLNTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028092
ReturnHeader/PreparerPersonGrp/PhoneNum07047358786
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONNA J SCATES
ReturnHeader/ReturnTs02023-09-17T15:48:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID M
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOYD
ReturnHeader/TaxPeriodBeginDt02022-05-01
ReturnHeader/TaxPeriodEndDt02023-04-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$65,950
Liabilities
-
Net assets
$65,950
Revenue
$46,305
Expenses
$100,591
Net income
-$54,286
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.94$0.94$0.36$0.57$0.21
2023Detailed filing. Detailed filing data is available for this year.$0.66$0.66$0.46$1.01$0.54
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$1.20$0.85$0.19$0.66
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.40$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.11$0.22$0.29$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.18$0.63$0.45$0.18