Team Parents Inc
- Assets
- $81.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cherry Valley, MA
- Founding
- 08/1981
- Data as of
- 12/2022
- EIN
- 04-2730920
Organization Overview
Team Parents Inc is located in Cherry Valley, MA. The organization was established in 1981. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Parents Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Team Parents Inc generated $80.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $89.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TEAM PARENTS RAISES MONEY TO ASSIST GYMNASTS IN PAYING FEES ASSOICATED WITH GYMNASTIC COMPETITIONS SUCH AS COACHES FEES, TRAINER FEES, JUDGES FEES AND ENTRANCE FEES. DURING 2022 TEAM PARENTS ASSISTED AROUND 77 GYMNASTS IN PAYING FEES ASSOCIATED WITH COMPETITIONS. ADDITIONALLY, THE ORGANIZATION HOSTS YEARLY HOLIDAY PARTIES THAT ARE OPEN TO ALL GYMNASTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Berley President | 5 | $0 | |
Haley Hathaway Vice Preside | 5 | $0 | |
Sadie Vivenzio Treasurer | 5 | $0 | |
Stephanie Weagle Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44 |
| Total Program Service Revenue | $68,808 |
| Membership dues | $0 |
| Investment income | $345 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,852 |
| Other Revenue | $0 |
| Total Revenue | $80,049 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,125 |
| Total expenses | $89,516 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,893 |
| Other assets | $0 |
| Total assets | $81,893 |
| Total liabilities | $0 |
| Net assets or fund balances | $81,893 |