Civic Intelligence

T E a M Foundation Inc.

990EZ • Fiscal year 2024 • EIN 27-3173336

May 01, 2023 to Apr 30, 2024 • Filed on Sep 13, 2024

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

86th percentile

55%

Higher net margin than 86% of similar nonprofits.

2024 filings • NTEE T30 • <$500k nonprofits • Source year 2024

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.

2024 filings • NTEE T30 • <$500k nonprofits • Source year 2024

Asset Growth

87th percentile

75%

Faster asset growth than 87% of similar nonprofits.

2024 filings • NTEE T30 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

95%

Faster revenue growth than 86% of similar nonprofits.

2024 filings • NTEE T30 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$115,312

Up $49,362 (+75%) from 2023

Net Assets

Up

$115,312

Up $49,362 (+75%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$90,519

Up $44,214 (+95%) from 2023

Expenses

Down

$41,157

Down $59,434 (-59%) from 2023

Net Income

Up

$49,362

Up $103,648 (+191%) from 2023

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 2024: $115,312Net Assets 2024: $115,3122024Assets 2025: $94,045Net Assets 2025: $94,0452025

Highlighted filing

2024

Assets$115,312
Liabilities-
Net Assets$115,312

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 2024: $90,519Expenses 2024: $41,157Net Income 2024: $49,3622024Revenue 2025: $35,856Expenses 2025: $57,123Net Income 2025: -$21,2672025

Highlighted filing

2024

Revenue$90,519
Expenses$41,157
Net Income$49,362
Jump To
Filing Snapshot
Filing Period
May 1, 2023 to Apr 30, 2024
Signed
Sep 13, 2024
Return Version
2023v5.1
Gross Receipts
$112,687
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.--
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$112,637$112,637-$112,637
Total Events$112,637$112,637$22,168$90,469
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
2024-09-13
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 $3566

Other Expenses.1

Program exp-schools $27591

Other Expenses.2

PROGRAM EXP $10000

Raw XML Appendix176 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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ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/Filer/EIN0273173336
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ReturnHeader/ReturnTs02024-09-13T10:37:41-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-05-01
ReturnHeader/TaxPeriodEndDt02024-04-30
ReturnHeader/TaxYr02023

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