Civic Intelligence

Teamfund Inc.

990 • Fiscal year 2021 • EIN 47-4405261

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 20, 2022

11890 Sunrise Valley Drive 206Reston, VA 20191

(212) 931-9112

Siviq Scores

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

Liabilities / Assets

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

71st percentile

0.56x

Higher debt load relative to revenue than 71% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

3rd percentile

-100%

Higher net margin than 3% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$568,852

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 173.6% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

36th percentile

4.7%

Faster asset growth than 36% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

11th percentile

-22%

Faster revenue growth than 11% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$11,545,196

Up $522,328 (+4.7%) from 2020

Net Assets

Up

$11,362,244

Up $514,476 (+4.7%) from 2020

Liabilities

Up

$182,952

Up $7,852 (+4.5%) from 2020

Revenue

Down

$327,685

Down $90,438 (-22%) from 2020

Expenses

Up

$656,621

Up $179,725 (+38%) from 2020

Net Income

Down

-$328,936

Down $270,163 (-460%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2016: $4,412,117Liabilities 2016: $48,854Net Assets 2016: $4,363,2632016Assets 2017: $7,551,198Liabilities 2017: $37,634Net Assets 2017: $7,513,5642017Assets 2018: $8,012,162Liabilities 2018: $138,786Net Assets 2018: $7,873,3762018Assets 2019: $11,019,333Liabilities 2019: $140,876Net Assets 2019: $10,878,4572019Assets 2020: $11,022,868Liabilities 2020: $175,100Net Assets 2020: $10,847,7682020Assets 2021: $11,545,196Liabilities 2021: $182,952Net Assets 2021: $11,362,2442021Assets 2022: $10,280,142Liabilities 2022: $214,247Net Assets 2022: $10,065,8952022Assets 2023: $9,944,409Liabilities 2023: $224,097Net Assets 2023: $9,720,3122023Assets 2024: $9,298,859Liabilities 2024: $194,349Net Assets 2024: $9,104,5102024

Highlighted filing

2021

Assets$11,545,196
Liabilities$182,952
Net Assets$11,362,244

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $4,436,878Expenses 2016: $73,615Net Income 2016: $4,363,2632016Revenue 2017: $3,627,262Expenses 2017: $476,961Net Income 2017: $3,150,3012017Revenue 2018: $1,036,593Expenses 2018: $645,237Net Income 2018: $391,3562018Revenue 2019: $3,744,209Expenses 2019: $734,235Net Income 2019: $3,009,9742019Revenue 2020: $418,123Expenses 2020: $476,896Net Income 2020: -$58,7732020Revenue 2021: $327,685Expenses 2021: $656,621Net Income 2021: -$328,9362021Revenue 2022: $172,379Expenses 2022: $722,619Net Income 2022: -$550,2402022Revenue 2023: $539,616Expenses 2023: $805,051Net Income 2023: -$265,4352023Revenue 2024: $171,926Expenses 2024: $704,347Net Income 2024: -$532,4212024

Highlighted filing

2021

Revenue$327,685
Expenses$656,621
Net Income-$328,936
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 20, 2022
Return Version
2021v4.2
Gross Receipts
$327,685
Mission and Program Overview

Mission

Teamfunds's mission is to improve the lives of the world's underserved living in low-resource healthcare settings, by increasing access to affordable and appropriate medical technologies that effectively address their pressing health care problems.

To provide affordable approp. Medtech for underserved/low-resource global healthcare settings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$2,692,879$4,888,188▲ $2,195,309
Investments in Publicly Traded Securities$4,556,286$4,520,963▼ $35,323
Savings and Temporary Cash Investments$2,967,389$1,687,412▼ $1,279,977
Cash and Non-Interest-Bearing Accounts$102,060$118,254▲ $16,194
Prepaid Expenses and Deferred Charges$14,254$25,379▲ $11,125
Pledges and Grants Receivable$390,000$5,000▼ $385,000
Total Assets$11,022,868$11,545,196▲ $522,328
Other Assets Total$300,000$300,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$175,100$182,952▲ $7,852
Total Liabilities$175,100$182,952▲ $7,852
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,311,477$8,375,953▲ $2,064,476
Net Assets With Donor Restrictions$4,536,291$2,986,291▼ $1,550,000
Total Net Assets Fund Balance$10,847,768$11,362,244▲ $514,476
Total Liabilities and Net Assets / Fund Balance$11,022,868$11,545,196▲ $522,328

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$4,888,188--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yousuf MazharManaging PartnerPT$231,040$138,404$369,444
Christopher HaynesSenior AssociatePT$104,069$39,043$143,112

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Trinet Group INCEmployee Leasing And Hr Services1100 SAN LEANDRO BLVD STE 400, San Leandro, CA 94577-1670$536,839
Revenue and Support

Revenue Composition

Contributions and Grants
$260,000
Program Service Revenue
$0
Investment Income
$67,685
Other Revenue
$0
All Other Contributions
$260,000
Change in Net Assets
$-328,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$471,952
Other Expenses$134,669
Grants and Similar Amounts Paid$50,000
Total Fundraising Expense$3,600
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$338,041$31,403-$369,444
Other Salaries and Wages$52,058$17,126-$69,184
Fees for Services Other$48,418$10,705$3,600$62,723
Fees for Services Accounting-$57,118-$57,118
Foreign Grants$50,000--$50,000
Payroll Taxes$17,560$2,184-$19,744
Other Employee Benefits$12,078$1,502-$13,580
Information Technology$4,877$2,082-$6,959
Conferences and Meetings$4,218--$4,218
Travel$3,651--$3,651
Total Functional Expenses$530,901$122,120$3,600$656,621
International Activity

International Summary

Offices
0
Employees
0
Spending
$4,938,188

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program Related Investment-00$4,888,188
Sub-saharan AfricaAssistance to Organization-00$50,000
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Timothy m. Ring and kathryn l. Gleason have a family relationship.

Form 990, Part VI, Section A, Line 6

Teamfund has one class of members.

Form 990, Part VI, Section A, Line 7A

Members are able to elect and/or appoint members of the governing body.

Form 990, Part VI, Section A, Line 7B

Members may amend or repeal the bylaws.

Form 990, Part VI, Section B, Line 11B

The prepared form 990 is reviewed and approved by the members of the governing body before the return is filed with the irs.

Form 990, Part VI, Section B, Line 12C

Annually all directors and officers complete and sign a statement that provides information regarding their interests and those of their family members that could give rise to conflicts. The members of the governing body make determinations of whether a conflict exists and review actual conflicts. Any person with a conflict is prohibited from participating in the governing body's deliberations and decisions in the transaction.

Form 990, Part VI, Section B, Line 15A

Compensation is subject to adjustment annually based on completion of established performance objectives, results of any compensation studies performed, comparability of compensation reported on form 990 to individuals in similar positions of similar organizations. The audit committee is responsible for overseeing any management compensation, raises and bonuses where appropriate and applicable; and to provide a report to the board, including any proposed changes, for approval by the full board annually.

Form 990, Part VI, Section C, Line 19

The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Teamfund Inc
EIN
47-4405261
Phone
2129319112
Address
11890 SUNRISE VALLEY DRIVE 206, RESTON, VA 20191

Signing Officer

Name
Timothy M Ring
Title
Treasurer
Phone
2129319112
Signed
2022-07-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yousuf Mazhar
Formed
2014
Legal Domicile
De
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
17

Preparer

Firm
Wegner Cpas Llp
Address
230 PARK AVE FL 3, NEW YORK, NY 10169-0005
Preparer
Yigit Uctum CPA
Phone
2125511724
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 2A:

Teamfund, inc. Leases employees from a professional employment organization, trinet group, inc. The employees are considered common law employees of teamfund, inc., however, trinet group, inc. Is the employer of record and employees get their w2s from trinet group, inc.

FORM 990, PART XI, LINE 9:

Loss on uncollectible accounts receivable -50,004.

Raw XML AppendixShowing 400 of 577 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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IRS990/PayrollTaxesGrp/TotalAmt019744
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0390000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014254
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025379
IRS990/PrincipalOfficerNm0YOUSUF MAZHAR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0300000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0118123
IRS990/PYOtherExpensesAmt0137378
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-58773
IRS990/PYSalariesCompEmpBnftPaidAmt0339518
IRS990/PYTotalExpensesAmt0476896
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0418123
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-328936
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02967389
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01687412
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE 2017 COLUMN ON SCHEDULE A, PART II REPRESENTS THE SHORT TAX YEAR BEGINNING OCTOBER 1, 2017 AND ENDING DECEMBER 31, 2017.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0260000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0300000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03570000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0947500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05077500
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt067685
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0118123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0174209
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt089093
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010955
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0460065
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74670
IRS990ScheduleA/PublicSupportPY170Pct00.85920
IRS990ScheduleA/PublicSupportTotal170Amt04134753
IRS990ScheduleA/SubstantialContributorsTotAmt0942747
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0260000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0300000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03570000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0947500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05077500
IRS990ScheduleA/TotalSupportAmt05537565
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/ScheduleBRequiredInd01
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt04888188
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN LIMITED PARTNERSHIP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt04888188
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt04888188
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt150000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM RELATED INVESTMENT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1ASSISTANCE TO ORGANIZATION
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd01
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt050000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CASH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0FURTHER MEDICAL TECHNOLOGY SERVING UNDERSERVED POPULATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt04938188
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/Total501c3OrgCnt00
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt01
IRS990ScheduleF/TotalSpentAmt04938188
IRS990ScheduleF/TransferToForeignCorpInd01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0231040
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1104069
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount061663
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount15903
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt046517
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt12530
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt099017
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt131085
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt061663
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt046517
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt064406
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt121000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt048587
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt19000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt012335
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt112140
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt05287
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt13626
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0YOUSUF MAZHAR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CHRISTOPHER HAYNES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0MANAGING PARTNER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SENIOR ASSOCIATE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0369444
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1143112
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0199408
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt146241
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TEAMFUND, INC. LEASES EMPLOYEES FROM A PROFESSIONAL EMPLOYMENT ORGANIZATION, TRINET GROUP, INC. THE EMPLOYEES ARE CONSIDERED COMMON LAW EMPLOYEES OF TEAMFUND, INC., HOWEVER, TRINET GROUP, INC. IS THE EMPLOYER OF RECORD AND EMPLOYEES GET THEIR W2S FROM TRINET GROUP, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TIMOTHY M. RING AND KATHRYN L. GLEASON HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TEAMFUND HAS ONE CLASS OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS ARE ABLE TO ELECT AND/OR APPOINT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS MAY AMEND OR REPEAL THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPENSATION IS SUBJECT TO ADJUSTMENT ANNUALLY BASED ON COMPLETION OF ESTABLISHED PERFORMANCE OBJECTIVES, RESULTS OF ANY COMPENSATION STUDIES PERFORMED, COMPARABILITY OF COMPENSATION REPORTED ON FORM 990 TO INDIVIDUALS IN SIMILAR POSITIONS OF SIMILAR ORGANIZATIONS. THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSEEING ANY MANAGEMENT COMPENSATION, RAISES AND BONUSES WHERE APPROPRIATE AND APPLICABLE; AND TO PROVIDE A REPORT TO THE BOARD, INCLUDING ANY PROPOSED CHANGES, FOR APPROVAL BY THE FULL BOARD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LOSS ON UNCOLLECTIBLE ACCOUNTS RECEIVABLE -50,004.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 2A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 15A

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