Teamcfa Foundation
- Assets
- $1.9k
- Revenue
- $26.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Forest City, NC
- Founding
- 04/2010
- Data as of
- 06/2021
- EIN
- 26-2778821
Organization Overview
Teamcfa Foundation is located in Forest City, NC. The organization was established in 2010. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teamcfa Foundation 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 06/2021, Teamcfa Foundation generated $26.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (57.6%) each year. All expenses for the organization totaled $40.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (53.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKETING-PROVIDE COMPLIMENTARY MARKETING MATERIALS TO NETWORK SCHOOLS, DESIGN MARKETING MATERIALS, AND BUILD AND MAINTAIN WEBSITES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Stowers Board Member | 5 | $0 | |
Philip Byers Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,837 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,837 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,118 |
| Total operating and administrative expenses | $40,325 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $40,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,116 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $800 |
| Total assets | $1,916 |
| Accounts payable and accrued expenses | $12,050 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,050 |
Grants Awarded
Over the last fiscal year, Teamcfa Foundation has awarded $485,632 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Holly Springs, NC PURPOSE: PROGRAM GRANT | $189,060 |
ETHOS ACADEMY A CHALLENGE FOUNDATION PURPOSE: PROGRAM GRANT | $137,964 |
COASTAL PREPARATORY ACADEMY PURPOSE: PROGRAM GRANT | $52,579 |
UNITY CLASSICAL CHARTER SCHOOL PURPOSE: PROGRAM GRANT | $47,743 |
Charlotte, NC PURPOSE: PROGRAM GRANT | $19,680 |
SHINING ROCK CLASSICAL ACADEMY PURPOSE: PROGRAM GRANT | $19,412 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Teamcfa Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: PROGRAMS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Campbell Young Leaders Inc Greenville, SC | $34,637,987 | $7,007,042 |
Mceachern Endowment Fund Inc Powder Springs, GA | $13,981,287 | $6,848,994 |
Moore Farms Botanical Garden Foundation Lake City, SC | $7,988,392 | $2,099,445 |
Pebble Hill Foundation Inc Thomasville, GA | $45,568,261 | $2,596,354 |
Agecroft Association Richmond, VA | $24,452,362 | $3,235,294 |
Paul Millsap Foundation Corp Atlanta, GA | $74,268 | $1,325,506 |
Beech Foundation Inc Conyers, GA | $2,116,092 | $45,755 |
Ships Of The Sea Maritime Museum Inc Savannah, GA | $19,982,417 | $1,881,579 |
Centurion Holdings 1 Inc Atlanta, GA | $91,960,624 | $853,013 |
Margaret Paxton Memorial For Convalesctent Children Leesburg, VA | $9,241,514 | $486,941 |
Radical Mentoring Foundation Atlanta, GA | $878,206 | $667,489 |
Long And Kimmy Nguyen Family Foundation Reston, VA | $19,393,979 | $19,118 |