Civic Intelligence

Team Drea Foundation Inc.

990EZ • Fiscal year 2018 • EIN 81-3938375

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 12, 2019

2004 Flagstone PlRaleigh, NC 27612

(828) 228-1334

Siviq Scores

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

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

2018 filings • NTEE G • <$500k nonprofits • Source year 2018

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

2018 filings • NTEE G • <$500k nonprofits • Source year 2018

Net Margin

44th percentile

0.7%

Higher net margin than 44% of similar nonprofits.

2018 filings • NTEE G • <$500k nonprofits • Source year 2018

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE G • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$9,749

No earlier filing loaded for comparison.

Net Assets

$9,681

No earlier filing loaded for comparison.

Liabilities

$68

No earlier filing loaded for comparison.

Revenue

$98,584

No earlier filing loaded for comparison.

Expenses

$97,873

No earlier filing loaded for comparison.

Net Income

$711

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $9,749Liabilities 2018: $68Net Assets 2018: $9,6812018Assets 2019: $82,266Net Assets 2019: $82,2662019Assets 2020: $83,805Liabilities 2020: $3Net Assets 2020: $83,8022020Assets 2021: $135,535Liabilities 2021: $10Net Assets 2021: $135,5252021Assets 2022: $211,029Liabilities 2022: $4Net Assets 2022: $211,0252022Assets 2023: $266,835Liabilities 2023: $206Net Assets 2023: $266,6292023Assets 2024: $187,480Liabilities 2024: $4Net Assets 2024: $187,4762024

Highlighted filing

2018

Assets$9,749
Liabilities$68
Net Assets$9,681

Operations Trend

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

$400K$200K$0-$200KRevenue 2018: $98,584Expenses 2018: $97,873Net Income 2018: $7112018Revenue 2019: $136,542Expenses 2019: $63,957Net Income 2019: $72,5852019Revenue 2020: $181,753Expenses 2020: $180,217Net Income 2020: $1,5362020Revenue 2021: $260,617Expenses 2021: $208,894Net Income 2021: $51,7232021Revenue 2022: $388,795Expenses 2022: $313,295Net Income 2022: $75,5002022Revenue 2023: $301,132Expenses 2023: $254,098Net Income 2023: $47,0342023Revenue 2024: $264,352Expenses 2024: $343,505Net Income 2024: -$79,1532024

Highlighted filing

2018

Revenue$98,584
Expenses$97,873
Net Income$711
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 12, 2019
Return Version
2018v3.1
Gross Receipts
$102,914
Mission and Program Overview

Mission

The TDF funds bold, innovative research to find a cure or effective treatment for amyotrophic lateral sclerosis (ALS).

Program Services

DescriptionGrantsExpenses
The TDF makes contributions to organizations to further research into treatment or cure for ALS. In 2018, the TDF donated $87,500 to a nonprofit and university research institutions.$87,520$87,500
The TDF raises awareness of ALS and stresses the need for research in order to find a cure. It is estimated that our message reached 5,000 people or more during 2018 with our events, fundraisers, races, and advertising.$750-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David PeetChairmanPT$0--
Andrea PeetPresidentPT$0--
Angela AyersVice Chairwoman-$0--
Ashley KollmeSecretary-$0--
Douglas KollmeTreasurer-$0--
Jason BiggsMember Of Board-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
RDC Cheer Stations$12,750-$931-
Cary Cornhole Classic$7,289$600$1,261$-661
Total Events$25,428$600$3,576$-2,976
Filing and Contact Details

Filer

Filer Name
Team Drea Foundation Inc
EIN
81-3938375
Phone
8282281334
Address
2004 Flagstone Pl, Raleigh, NC 27612

Signing Officer

Name
Andrea Peet
Title
President
Signed
2019-08-12
Discuss with paid preparer
Yes

Preparer

Firm
Mig Murphy Sistrom CPA Pc
Address
2216 Whitley Dr, DURHAM, NC 27707-1469
Preparer
Mig Murphy Sistrom
Phone
9194191119
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: ALS Therapy Development Institute | Donee's Address: 300 Technology Square, Suite 400 Cambridge MA 02139 | Cash Amount Given: $60000

Grants and Similar Amounts Paid In Excess of $5,000.2

| Donee's Name: Duke University School of Medicine | Donee's Address: 710 W. Main St., Suite 200 Durham NC 27701 | Cash Amount Given: $27500

Other Expenses.1002

Office Expenses $1992

Other Expenses.1003

Information Technology $259

Other Expenses.1

Materials (non-office) $256

Other Expenses.4

Licenses & Fees $52

Total Liabilities.1

Sales Tax Payable - Beginning $78 Sales Tax Payable - Ending $68

Raw XML Appendix180 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/BooksInCareOfDetail/USAddress/CityNm0Raleigh
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingOtherDesc0Modified Cash
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0David Peet
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Andrea Peet
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Angela Ayers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Ashley Kollme
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Douglas Kollme
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Jason Biggs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice Chairwoman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Member of Board
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02559
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The TDF funds bold, innovative research to find a cure or effective treatment for amyotrophic lateral sclerosis (ALS).
IRS990EZ/PrintingPublicationsPostageAmt0329
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The TDF raises awareness of ALS and stresses the need for research in order to find a cure. It is estimated that our message reached 5,000 people or more during 2018 with our events, fundraisers, races, and advertising.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt087520
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt1750
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt087500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt0858
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt068
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt097873
IRS990EZ/TotalProgramServiceExpensesAmt088270
IRS990EZ/TotalRevenueAmt098584
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.teamdrea.com/
IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt073885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0172010
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0172010
IRS990ScheduleA/TotalSupportAmt0180591
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt04147
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt024828
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt012750
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt05389
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RDC Cheer Stations
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Cary Cornhole Classic
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt012750
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: ALS Therapy Development Institute | Donee's Address: 300 Technology Square, Suite 400 Cambridge MA 02139 | Cash Amount Given: $60000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: Duke University School of Medicine | Donee's Address: 710 W. Main St., Suite 200 Durham NC 27701 | Cash Amount Given: $27500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $1992
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Information Technology $259
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Materials (non-office) $256
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Licenses & Fees $52
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Sales Tax Payable - Beginning $78 Sales Tax Payable - Ending $68
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Andrea Peet
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Team Drea Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0TEAM
ReturnHeader/Filer/EIN0813938375
ReturnHeader/Filer/PhoneNum08282281334
ReturnHeader/Filer/USAddress/AddressLine1Txt02004 Flagstone Pl
ReturnHeader/Filer/USAddress/CityNm0Raleigh
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027612
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208021147
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MIG MURPHY SISTROM CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02216 Whitley Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DURHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0277071469
ReturnHeader/PreparerPersonGrp/PhoneNum09194191119
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mig Murphy Sistrom
ReturnHeader/ReturnTs02019-08-12T13:52:51-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings