Civic Intelligence

Team Jack Foundation Inc.

990 • Fiscal year 2022 • EIN 46-2301134

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 28, 2023

PO Box 607Atkinson, NE 68713

(402) 925-2120

Siviq Scores

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

Liabilities / Assets

78th percentile

0.35x

Higher debt load relative to assets than 78% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

0.95x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

18th percentile

-14%

Higher net margin than 18% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

65th percentile

$92,877

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

53rd percentile

2.3%

Faster asset growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

34th percentile

-3.6%

Faster revenue growth than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$3,297,011

Up $72,997 (+2.3%) from 2021

Net Assets

Down

$2,151,015

Down $228,478 (-9.6%) from 2021

Liabilities

Up

$1,145,996

Up $301,475 (+36%) from 2021

Revenue

Down

$1,212,349

Down $45,692 (-3.6%) from 2021

Expenses

Up

$1,379,488

Up $570,055 (+70%) from 2021

Net Income

Down

-$167,139

Down $615,747 (-137%) from 2021

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2013: $564,494Liabilities 2013: $535,819Net Assets 2013: $28,6752013Assets 2014: $1,000,758Liabilities 2014: $402,467Net Assets 2014: $598,2912014Assets 2015: $1,236,863Liabilities 2015: $1,549,117Net Assets 2015: -$312,2542015Assets 2016: $1,880,493Liabilities 2016: $1,446,434Net Assets 2016: $434,0592016Assets 2017: $2,604,162Liabilities 2017: $2,006,399Net Assets 2017: $597,7632017Assets 2018: $2,925,115Liabilities 2018: $1,480,474Net Assets 2018: $1,444,6412018Assets 2019: $3,038,832Liabilities 2019: $1,141,976Net Assets 2019: $1,896,8562019Assets 2020: $3,273,005Liabilities 2020: $1,314,776Net Assets 2020: $1,958,2292020Assets 2021: $3,224,014Liabilities 2021: $844,521Net Assets 2021: $2,379,4932021Assets 2022: $3,297,011Liabilities 2022: $1,145,996Net Assets 2022: $2,151,0152022Assets 2023: $3,075,158Liabilities 2023: $1,631,721Net Assets 2023: $1,443,4372023Assets 2024: $3,390,289Liabilities 2024: $3,472,418Net Assets 2024: -$82,1292024

Highlighted filing

2022

Assets$3,297,011
Liabilities$1,145,996
Net Assets$2,151,015

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2013: $709,102Expenses 2013: $680,427Net Income 2013: $28,6752013Revenue 2014: $903,927Expenses 2014: $334,311Net Income 2014: $569,6162014Revenue 2015: $550,518Expenses 2015: $1,487,357Net Income 2015: -$936,8392015Revenue 2016: $927,184Expenses 2016: $180,871Net Income 2016: $746,3132016Revenue 2017: $634,057Expenses 2017: $970,353Net Income 2017: -$336,2962017Revenue 2018: $1,209,265Expenses 2018: $362,387Net Income 2018: $846,8782018Revenue 2019: $1,056,467Expenses 2019: $604,252Net Income 2019: $452,2152019Revenue 2020: $1,471,918Expenses 2020: $1,410,545Net Income 2020: $61,3732020Revenue 2021: $1,258,041Expenses 2021: $809,433Net Income 2021: $448,6082021Revenue 2022: $1,212,349Expenses 2022: $1,379,488Net Income 2022: -$167,1392022Revenue 2023: $1,516,323Expenses 2023: $2,275,096Net Income 2023: -$758,7732023Revenue 2024: $1,648,755Expenses 2024: $3,156,210Net Income 2024: -$1,507,4552024

Highlighted filing

2022

Revenue$1,212,349
Expenses$1,379,488
Net Income-$167,139
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 28, 2023
Return Version
2022v5.0
Gross Receipts
$1,476,718
Mission and Program Overview

Mission

The team jack foundation raises money to fund impactful pediatric brain cancer research and works to create national awareness for the disease.

Raise money to fund impactful pediatric brain cancer research and works to create national awareness for the disease.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,218,485$2,620,979▲ $402,494
Investments in Publicly Traded Securities$499,692$488,743▼ $10,949
Cash and Non-Interest-Bearing Accounts$301,659--
Pledges and Grants Receivable$128,558$95,313▼ $33,245
Intangible Assets$33,375$47,554▲ $14,179
Accounts Receivable$15,000$30,000▲ $15,000
Inventories for Sale or Use$23,611$14,004▼ $9,607
Prepaid Expenses and Deferred Charges$3,000--
Land, Buildings, and Equipment, Net$634$418▼ $216
Total Assets$3,224,014$3,297,011▲ $72,997
Liabilities
Grants Payable$821,116$1,075,130▲ $254,014
Accounts Payable and Accrued Expenses$15,505$27,877▲ $12,372
Other Liabilities-$23,079-
Deferred Revenue$7,900$19,910▲ $12,010
Total Liabilities$844,521$1,145,996▲ $301,475
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,307,646$2,128,698▼ $178,948
Net Assets With Donor Restrictions$71,847$22,317▼ $49,530
Total Net Assets Fund Balance$2,379,493$2,151,015▼ $228,478
Total Liabilities and Net Assets / Fund Balance$3,224,014$3,297,011▲ $72,997

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$418$7,317-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kylie DockterExecutive DiFT$84,342$8,535$92,877

Board Members and Trustees

NameTitle
Brianna HoffmanPresident
Bridget DegrandDirector
Dr Kari GalyenDirector
Janae SimardDirector
Karen CarsonDirector
Ken MaxwellDirector
Rex BurkheadDirector
Scott FangmanDirector
Tiffany MillerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,187,696
Program Service Revenue
$0
Investment Income
$17,106
Other Revenue
$7,547
All Other Contributions
$392,158
Change in Net Assets
$-167,139

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 Table19$31,370Estimated Value Donor
Cars and Other Vehicles1$30,000Appraisal
Collectibles55$21,793Estimated Cost of Item
Other Non Cash Contri Table28$12,680Face Value
Other Non Cash Contri Table81$7,601Estimated Retail
Other Non Cash Contri Table26$4,011Estimated Retail
Total Noncash Contributions210$107,455-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,212,349
Revenue Not Reported on Form 990
$43,186
Total Revenue per Audited Statements
$1,255,535
Total Revenue per Form 990
$1,212,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$959,672
Salaries, Compensation, and Employee Benefits$223,220
Total Fundraising Expense$201,684
Other Expenses$196,596
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$959,672--$959,672
Other Salaries and Wages$31,211$1,667$72,028$104,906
Current Officers, Directors, Trustees, and Key Employees$27,124$6,659$50,559$84,342
Advertising$57,173-$20,502$77,675
Fees for Services Accounting-$19,215-$19,215
Occupancy$5,828$10,292$2,000$18,120
Office Expenses$7,173$5,924$2,682$15,779
Payroll Taxes$3,184$1,435$10,043$14,662
Pension Plan Contributions$3,652$1,583$7,675$12,910
Other Expenses$2,315$3,700$725$6,740
Other Employee Benefits-$6,400-$6,400
Insurance-$5,316-$5,316
Travel$1,330$393$283$2,006
All Other Expenses-$598$179$777
Depreciation Depletion-$216-$216
Total Functional Expenses$1,111,604$66,200$201,684$1,379,488

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,484,013
Expenses per Audited Statements$1,379,488
Total Expenses per Form 990$1,379,488
Expenses Not Reported on Form 990$104,525
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Columbia Univ Irving Medical CenterNew York, NY501c3Research$250,000
Univ of Ne Medical CenterOmaha, NE501c3Progam Support$250,000
Univ of Ne FoundationLincoln, NE501c3Reseach$105,658
LURIE CHILDREN'S HOSPITALChicago, IL501c3Research$100,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$190,197
Gaming Gross Income$161,000
Fundraising Gross Income$82,210
Gaming Direct Expenses$44,602
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Radiothon$102,395-$14,215-
Gala$594,127$43,945$43,228$717
Total Events$877,748$82,210$190,197$-107,987
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$23,079
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Draft of tax return is reviewed by executive director and board president in detail and provided to other directors for comments and questions. Board approved final draft prior to filing.

Form 990, Page 6, Part VI, Line 12C

Directors and employees are required to complete an annual reporting statement regarding any conflict or duality of interest statements.

Form 990, Page 6, Part VI, Line 15A

The board of directors review and approve all salaries and bonuses annually.

Form 990, Page 6, Part VI, Line 15B

Other officers are not compensated. There are no other key employees.

Form 990, Page 6, Part VI, Line 19

The foundation makes its governing documents, audit and tax returns available to the public upon request. In addition information is available on guidestar.

Filing and Contact Details

Filer

Filer Name
Team Jack Foundation Inc
EIN
46-2301134
Phone
4029252120
Address
PO BOX 607, ATKINSON, NE 68713

Signing Officer

Name
Brianna Hoffman
Title
President
Phone
4029252120
Signed
2023-09-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brianna Hoffman
Formed
2013
Legal Domicile
Ne
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
154

Preparer

Firm
Dana F Cole & Company Llp
Address
PO BOX 359, ONEILL, NE 68763
Preparer
Lori L Olson
Phone
4023362030
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers worked at all events including the large gala event and radiothon. The various raffle events were also largely ran by volunteers.

Form 990, Part XI, Line 9

Other event expense netted with income on tax return 104,525 direct fundraising event expenses -104,525

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Other event expense netted with income on tax return 104,525

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising event expenses 104,525

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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0418
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IRS990ScheduleD/ExpensesSubtotalAmt01379488
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IRS990ScheduleD/RevenueSubtotalAmt01212349
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0OTHER EVENT EXPENSE NETTED WITH INCOME ON TAX RETURN 104,525
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EVENT EXPENSES 104,525
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt044602
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt0161000
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0161000

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