Civic Intelligence

Team Joseph Inc.

990 • Fiscal year 2014 • EIN 80-0613664

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

3050 Union Lake Road No 8FCommerce Township, MI 48382

(248) 330-0430

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

94th percentile

60%

Higher net margin than 94% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

39th percentile

$30,000

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

99th percentile

752%

Faster asset growth than 99% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

98th percentile

394%

Faster revenue growth than 98% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$848,150

Up $748,626 (+752%) from 2013

Net Assets

Up

$848,150

Up $748,626 (+752%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$1,245,028

Up $993,080 (+394%) from 2013

Expenses

Up

$496,402

Up $260,678 (+111%) from 2013

Net Income

Up

$748,626

Up $732,402 (+4514%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $52,805Liabilities 2011: $02011Assets 2012: $83,300Liabilities 2012: $0Net Assets 2012: $83,3002012Assets 2013: $99,524Liabilities 2013: $0Net Assets 2013: $99,5242013Assets 2014: $848,150Liabilities 2014: $0Net Assets 2014: $848,1502014Assets 2015: $637,356Liabilities 2015: $0Net Assets 2015: $637,3562015Assets 2016: $892,195Liabilities 2016: $0Net Assets 2016: $892,1952016Assets 2017: $1,052,114Liabilities 2017: $0Net Assets 2017: $1,052,1142017Assets 2018: $932,896Liabilities 2018: $17,203Net Assets 2018: $915,6932018Assets 2019: $988,256Liabilities 2019: $37,093Net Assets 2019: $951,1632019Assets 2020: $941,938Liabilities 2020: $10,986Net Assets 2020: $930,9522020Assets 2021: $1,076,489Liabilities 2021: $1,680Net Assets 2021: $1,074,8092021Assets 2022: $1,307,590Liabilities 2022: $36,633Net Assets 2022: $1,270,9572022Assets 2023: $1,819,066Liabilities 2023: $56,302Net Assets 2023: $1,762,7642023Assets 2024: $1,395,110Liabilities 2024: $17,135Net Assets 2024: $1,377,9752024

Highlighted filing

2014

Assets$848,150
Liabilities$0
Net Assets$848,150

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $102,495Expenses 2011: $49,690Net Income 2011: $52,8052011Expenses 2012: $227,1922012Revenue 2013: $251,948Expenses 2013: $235,724Net Income 2013: $16,2242013Revenue 2014: $1,245,028Expenses 2014: $496,402Net Income 2014: $748,6262014Revenue 2015: $354,011Expenses 2015: $564,805Net Income 2015: -$210,7942015Revenue 2016: $497,111Expenses 2016: $242,272Net Income 2016: $254,8392016Revenue 2017: $612,122Expenses 2017: $452,203Net Income 2017: $159,9192017Revenue 2018: $626,307Expenses 2018: $748,149Net Income 2018: -$121,8422018Revenue 2019: $825,589Expenses 2019: $790,119Net Income 2019: $35,4702019Revenue 2020: $899,475Expenses 2020: $919,686Net Income 2020: -$20,2112020Revenue 2021: $881,756Expenses 2021: $737,899Net Income 2021: $143,8572021Revenue 2022: $1,124,356Expenses 2022: $928,208Net Income 2022: $196,1482022Revenue 2023: $1,632,088Expenses 2023: $1,138,805Net Income 2023: $493,2832023Revenue 2024: $1,040,163Expenses 2024: $1,436,962Net Income 2024: -$396,7992024

Highlighted filing

2014

Revenue$1,245,028
Expenses$496,402
Net Income$748,626
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$1,261,388
Mission and Program Overview

Mission

To fund cutting edge research in order to find a cure or treatment for duchenne muscular dystrophy. Additionally, team joseph will assist families with expenses directly related to the care of a child diagnosed with duchenne muscular dystrophy.

To fund cutting edge research in order to find a cure or treatment for duchenne muscular dystrophy. Additionally, team joseph will assist families with medical expenses directly related to the care of a child diagnosed with duchenne muscular dystrophy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$99,524$845,878▲ $746,354
Land, Buildings, and Equipment, Net$0$2,272▲ $2,272
Total Assets$99,524$848,150▲ $748,626
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$99,524$848,150▲ $748,626
Total Net Assets Fund Balance$99,524$848,150▲ $748,626
Total Liabilities and Net Assets / Fund Balance$99,524$848,150▲ $748,626

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,272$162-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Marissa PenrodPresident & CEOFT$30,000$30,000
Dorene PulginiDirectorPT$7,680$7,680

Board Members and Trustees

NameTitle
Lynda SnageVice President
Dina KenkelDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,236,311
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$8,717
All Other Contributions
$1,158,143
Change in Net Assets
$748,626
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$307,318
Other Expenses$127,329
Salaries, Compensation, and Employee Benefits$61,755
Total Fundraising Expense$54,357
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$307,318--$307,318
Fees for Services Other$61,330-$1,000$62,330
Current Officers, Directors, Trustees, and Key Employees$24,840$2,268$10,572$37,680
Other Salaries and Wages$5,625$5,625$7,500$18,750
Other Expenses--$15,656$15,656
Advertising$6,243$1,921$4,609$12,773
Occupancy$6,750$1,750$4,000$12,500
Office Expenses$3,404$3,534$5,258$12,196
Payroll Taxes$3,728$266$1,331$5,325
Travel$2,094$655$846$3,595
Fees for Services Accounting-$3,140-$3,140
Conferences and Meetings-$609$1,585$2,194
Fees for Services Legal--$2,000$2,000
Information Technology-$783-$783
Depreciation Depletion-$162-$162
Total Functional Expenses$421,332$20,713$54,357$496,402
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Halo TheraputicsNewton, MA-Research$150,000
Immunomood ConsultingSeattle, WA-Research$100,688
University of WashingtonChicago, IL-Research$37,546
Kunkel ResearchKingston, MA-Research$9,000
Meriori LLCBaltimore, MD-Research$6,250
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,077
Fundraising Direct Expenses$16,360
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Strike Out Duchenne$45,538-$1,998-
Golf Outing$25,077$25,077$11,726$13,351
Total Events$103,245$25,077$16,360$8,717
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
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, Part VI, Section B, Line 11

The return is submitted to the governing body for their approval.

Form 990, Part VI, Section B, Line 15

Compensation of other employees is reasonable.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation available upon request.

Filing and Contact Details

Filer

Filer Name
Team Joseph Inc
EIN
80-0613664
Phone
2483300430
Address
3050 UNION LAKE ROAD NO 8F, COMMERCE TOWNSHIP, MI 48382

Signing Officer

Name
Marissa Penrod
Title
President & CEO
Phone
2483300430
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marissa Penrod
Formed
2010
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
2
Employees
3
Volunteers
30

Preparer

Firm
Gordon Advisors Pc
Address
1301 W LONG LAKE ROAD STE 200, TROY, MI 48098
Preparer
Kevin Klein CPA
Phone
2489520200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting: program service expenses 61,330. Management and general expenses 0. Fundraising expenses 1,000. Total expenses 62,330.

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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0STRIKE OUT DUCHENNE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt025077
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt045538
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt032630
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0103245
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt025077
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt025077
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08717
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02636
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016360
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011726
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01998
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0150000
IRS990ScheduleI/RecipientTable/CashGrantAmt1100688
IRS990ScheduleI/RecipientTable/CashGrantAmt29000
IRS990ScheduleI/RecipientTable/CashGrantAmt337546
IRS990ScheduleI/RecipientTable/CashGrantAmt46250
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HALO THERAPUTICS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1IMMUNOMOOD CONSULTING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2KUNKEL RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3UNIVERSITY OF WASHINGTON
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4MERIORI LLC
IRS990ScheduleI/RecipientTable/RecipientEIN0043563445
IRS990ScheduleI/RecipientTable/RecipientEIN1462360749
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt065 WAUWINET ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12032 41ST AVENUE EAST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt268 EVERGREEN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt312455 COLLECTIONS DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt458 SOUTH ANN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEWTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SEATTLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2KINGSTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm3CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm4BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1WA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002465
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd198112
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd202364
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd360693
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd421231
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt05
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS SUBMITTED TO THE GOVERNING BODY FOR THEIR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION OF OTHER EMPLOYEES IS REASONABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS DISCLOSURE EXPLANATION AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING: PROGRAM SERVICE EXPENSES 61,330. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,000. TOTAL EXPENSES 62,330.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt099524
IRS990/TotalAssetsEOYAmt0848150
IRS990/TotalAssetsGrp/BOYAmt099524
IRS990/TotalAssetsGrp/EOYAmt0848150
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01236311
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt054357
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020713
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0421332
IRS990/TotalFunctionalExpensesGrp/TotalAmt0496402
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt099524
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0848150
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0421332
IRS990/TotalReportableCompFromOrgAmt037680
IRS990/TotalRevenueGrp/ExclusionAmt08717
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01245028
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt099524
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0848150
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0846
IRS990/TravelGrp/ManagementAndGeneralAmt0655
IRS990/TravelGrp/ProgramServicesAmt02094
IRS990/TravelGrp/TotalAmt03595
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt099524
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0848150
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03050 UNION LAKE ROAD NO 8F
IRS990/USAddress/CityNm0COMMERCE TOWNSHIP
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048382
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0TEAMJOSEPH.INFO
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARISSA PENROD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02483300430
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEAM JOSEPH INC
ReturnHeader/Filer/BusinessNameControlTxt0TEAM
ReturnHeader/Filer/EIN0800613664
ReturnHeader/Filer/PhoneNum02483300430
ReturnHeader/Filer/USAddress/AddressLine1Txt03050 UNION LAKE ROAD NO 8F
ReturnHeader/Filer/USAddress/CityNm0COMMERCE TOWNSHIP
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048382
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382656556
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GORDON ADVISORS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 W LONG LAKE ROAD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TROY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048098
ReturnHeader/PreparerPersonGrp/PhoneNum02489520200

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.40$0.02$1.38$1.04$1.44$0.40
2023Detailed filing. Detailed filing data is available for this year.$1.82$0.06$1.76$1.63$1.14$0.49
2022Detailed filing. Detailed filing data is available for this year.$1.31$0.04$1.27$1.12$0.93$0.20
2021Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.07$0.88$0.74$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.01$0.93$0.90$0.92$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.04$0.95$0.83$0.79$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.93$0.02$0.92$0.63$0.75$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.61$0.45$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.50$0.24$0.25
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.35$0.56$0.21
2014Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$1.25$0.50$0.75
2013Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.25$0.24$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.23
2011Summary only. Only limited summary data is available for this year.$0.05$0.00$0.10$0.05$0.05