Civic Intelligence

Team Drea Foundation Inc.

990EZ • Fiscal year 2019 • EIN 81-3938375

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 10, 2020

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

Score unavailable

No value available

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

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

85th percentile

53%

Higher net margin than 85% of similar nonprofits.

2019 filings • NTEE G • <$500k nonprofits • Source year 2019

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2019 filings • NTEE G • <$500k nonprofits • Source year 2019

Asset Growth

97th percentile

744%

Faster asset growth than 97% of similar nonprofits.

2019 filings • NTEE G • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

39%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • NTEE G • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$82,266

Up $72,517 (+744%) from 2018

Net Assets

Up

$82,266

Up $72,585 (+750%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$136,542

Up $37,958 (+39%) from 2018

Expenses

Down

$63,957

Down $33,916 (-35%) from 2018

Net Income

Up

$72,585

Up $71,874 (+10109%) from 2018

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

2019

Assets$82,266
Liabilities-
Net Assets$82,266

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

2019

Revenue$136,542
Expenses$63,957
Net Income$72,585
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 10, 2020
Return Version
2019v5.0
Gross Receipts
$140,729
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
TDF contributes to organizations to further research a cure for ALS. In 2019 TDF contributed $50,000 to other organizations.$50,000-
Team Drea Foundation raises awareness to find a cure for ALS. Our message reaches numerous individuals through fundraising events and advertising.$2,322-
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
Cary Cornhole Classic$8,636$4,024$1,991$2,033
Golf Tournament$8,824$1,694$2,068$-374
Total Events$17,460$5,718$4,059$1,659
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
2020-08-10
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: $30000

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: $10000

Other Expenses.1002

Office Expenses $2363

Other Expenses.1005

Travel $470

Other Expenses.1

Meals & Refreshments $894

Other Expenses.3

Licenses & Fees $300

Other Expenses.4

Direct Benefit To Donors $253

Other Expenses.5

Materials (non-office) $32

Other Assets.1012

Intangible Assets - Beginning $0 Intangible Assets - Ending $8550

Other Assets.1

Sales Tax Paid - Beginning $0 Sales Tax Paid - Ending $6

Total Liabilities.1

Sales Tax Payable - Beginning $68 Sales Tax Payable - Ending $0

Raw XML Appendix195 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/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice Chairwoman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Member of Board
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt04312
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050000
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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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: $30000
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: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $2363
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $470
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Meals & Refreshments $894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Licenses & Fees $300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Direct Benefit To Donors $253
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Materials (non-office) $32
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Intangible Assets - Beginning $0 Intangible Assets - Ending $8550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Sales Tax Paid - Beginning $0 Sales Tax Paid - Ending $6
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Andrea Peet
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-10
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/ReturnTs02020-08-10T13:22:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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