Civic Intelligence

Team Drea Foundation Inc.

990EZ • Fiscal year 2020 • EIN 81-3938375

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 02, 2021

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

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Net Margin

45th percentile

0.8%

Higher net margin than 45% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

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.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Asset Growth

49th percentile

1.9%

Faster asset growth than 49% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

85th percentile

33%

Faster revenue growth than 85% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$83,805

Up $1,539 (+1.9%) from 2019

Net Assets

Up

$83,802

Up $1,536 (+1.9%) from 2019

Liabilities

$3

No earlier filing loaded for comparison.

Revenue

Up

$181,753

Up $45,211 (+33%) from 2019

Expenses

Up

$180,217

Up $116,260 (+182%) from 2019

Net Income

Down

$1,536

Down $71,049 (-98%) from 2019

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

2020

Assets$83,805
Liabilities$3
Net Assets$83,802

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

2020

Revenue$181,753
Expenses$180,217
Net Income$1,536
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 2, 2021
Return Version
2020v4.0
Gross Receipts
$184,452
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 research organizations to further research a cure for ALS. In 2020 TDF contributed $165,000 to other organizations.$165,000$165,000
Team Drea Foundation raises awareness to find a cure for ALS. Our message reaches numerous individuals through fundraising events and advertising. We are also filming a documentary to raise awareness.$1,879-
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--
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
2021-08-02
Discuss with paid preparer
Yes

Preparer

Firm
Mig Murphy Sistrom CPA Pc
Address
2216 Whitley Dr, DURHAM, NC 27707
Preparer
Tori Young
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: $110000

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: $45000

Other Expenses.1002

Office Expenses $2156

Other Expenses.1003

Information Technology $442

Other Expenses.1009

Depreciation $458

Other Expenses.2

Direct Benefit To Donors $188

Other Expenses.4

Dues, Subscriptions & License $102

Other Expenses.5

Sales Tax $11

Other Assets.1012

Intangible Assets - Beginning $8550 Intangible Assets - Ending $35092

Other Assets.1

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

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $3

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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/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
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IRS990EZ/PrintingPublicationsPostageAmt0393
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0165000
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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: $110000
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: $45000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $2156
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Information Technology $442
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation $458
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Direct Benefit To Donors $188
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Dues, Subscriptions & License $102
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Sales Tax $11
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Intangible Assets - Beginning $8550 Intangible Assets - Ending $35092
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Sales Tax Paid - Beginning $6 Sales Tax Paid - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $3
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
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Andrea Peet
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-02
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/ZIPCd027707
ReturnHeader/PreparerPersonGrp/PhoneNum09194191119
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tori Young
ReturnHeader/ReturnTs02021-08-02T12:45:29-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Andrea
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Peet
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings