Team Excel Inc
- Assets
- $739.8k
- Revenue
- $823.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Boston, MA
- Founding
- 02/2010
- Data as of
- 04/2022
- EIN
- 26-4470815
Organization Overview
Team Excel Inc is located in Boston, MA. The organization was established in 2010. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 04/2022, Team Excel Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Excel 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 04/2022, Team Excel Inc generated $823.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $699.3k during the year ending 04/2022. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE ART OF SYNCHRONIZED SKATING AND PREPARE TEAMS FOR NATIONAL AND INTERNATIONAL COMPETITION, ENCOURAGE TEAMWORK AND SPORTMANSHIP AND SUPPORT INDIVIDUAL SKATERS AS THEY SEEK TO ATTAIN THEIR UNIQUE POTENTIAL AND TEAMS AS THEY SEEK TO ACHIEVE THEIR FULL POTENTIAL AS A TEAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE ART OF SYNCHRONIZED SKATING AND PREPARE TEAMS FOR NATIONAL AND INTERNATIONAL COMPETITION, ENCOURAGE TEAMWORK AND SPORTMANSHIP AND SUPPORT INDIVIDUAL SKATERS AS THEY SEEK TO ATTAIN THEIR UNIQUE POTENTIAL AND TEAMS AS THEY SEEK TO ACHIEVE THEIR FULL POTENTIAL AS A TEAM.
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 |
|---|---|---|---|
Deanne Benson Vice President | OfficerTrustee | 3 | $0 |
Andy Ells Treasurer | OfficerTrustee | 3 | $0 |
Amy Macdougall Secretary | OfficerTrustee | 3 | $0 |
Beth Lynch President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $237 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $237 |
| Total Program Service Revenue | $823,336 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $823,573 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,995 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,236 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,599 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $66 |
| Office expenses | $13,794 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,030 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,030 |
| All other expenses | $69,449 |
| Total functional expenses | $699,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $719,425 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,397 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $739,822 |
| Accounts payable and accrued expenses | $26,710 |
| Grants payable | $0 |
| Deferred revenue | $45,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $72,210 |
| Net assets without donor restrictions | $667,612 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $739,822 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Team Excel Inc has recieved totaling $37.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $37 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Skin Cancer Foundation Inc New York, NY | $8,525,927 | $11,447,071 |
The Skating Club Of Boston Norwood, MA | $69,699,987 | $7,906,806 |
Vermont Association Of Snow Travelers Inc Barre, VT | $3,241,004 | $3,918,954 |
Waterville Valley Black & Blue Trail Smashers-Snowsports Edu Fdn Waterville Valley, NH | $2,567,962 | $3,711,484 |
Skyliners Synchronizer Skating Team Inc Pelham, NY | $1,872,139 | $2,783,736 |
Darien Youth Hockey Assoc Inc Darien, CT | $1,229,973 | $2,562,847 |
Northboro Youth Hockey Program Inc Westborough, MA | $6,509,967 | $2,397,981 |
Ramapo Youth Hockey Association Inc Monsey, NY | $416,965 | $2,307,032 |
Beaver Dam Winter Sports Club Inc Long Island Locust Valley, NY | $6,658,700 | $2,629,105 |
Share Winter Foundation Providence, RI | $3,585,553 | $2,066,083 |
Professional Ski Instructors Albany, NY | $1,829,406 | $2,398,753 |
Mid Fairfield Youth Hockey Association Inc Port Chester, NY | $1,290,390 | $2,178,898 |