Teamlift
- Assets
- $439.6k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 05/2010
- Data as of
- 12/2023
- EIN
- 27-0797087
Organization Overview
Teamlift is located in Portland, OR. The organization was established in 2010. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Teamlift 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 12/2023, Teamlift generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 42.2% each year . All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 49.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PURPOSE IS TO TRANSFORM THE LIVES OF WOMEN AND CHILDREN IN SUB-SAHARAN AFRICA
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEAMLIFT, INC. AND ST. MARY'S SECONDARY SCHOOL FOR GIRLS GRADUATED ITS FOURTH CLASS OF 143 STUDENTS IN JULY 2023. NINETY-NINE PERCENT OF THE GRADUATES PASSED THE MALAWI'S COLLEGE ENTRANCE EXAM. ST. MARY'S SECONDARY REMAINS ONE OF THE HIGHEST-RANKED EDUCATIONAL INSTITUTIONS IN THE COUNTRY, AND REMAINS COMMITED TO EDUCATING YOUNG WOMEN WHOSE FAMILIES STRUGGLE ECONOMICALLY. TEAMLIFT AND ITS PARTNERS CURRENTLY SUPPORT MORE THAN 160 YOUNG WOMEN IN MALAWI COLLEGES. THEY WILL BE JOINED IN 2024 BY AN ADDITIONAL 72 ST. MARY'S GRADUATES. TEAMLIFT DUG 33 BOREHOLES IN THE FINAL MONTHS OF 2023 IN RURAL VILLAGES IN THE KARONGA DISTRICT AND IS SCHEDULED TO DIG AN ADDITIONAL 100 BOREHOLES IN 2024. THE NGO IS AWAITING EQUIPMENT FOR ITS HOSPITAL AND CLINIC IN ZOMBWE AND IS EXPANDING ITS NUTRITION PROGRAM TO GROW MORE LEGUMES AND PLANT-BASED PROTEINS. ENGINEERING AND NURSING STUDENTS FROM THE UNIVERSITY OF PORTLAND SPENT A MONTH SEEKING COMMUNITY INPUT FOR POTENTIAL PROJECTS, REPAIRING THE IRRIGATION SYSTEM AT ST. MARY' FARM, AND CONDUCTING EYE EXAMS AT SECONDARY SCHOOLS, MIRACLE TECHNICAL COLLEGE AND A NUMBER OF REMOTE VILLAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Neureuther President/chair | OfficerTrustee | 20 | $0 |
Julie Slavik Vice President/vice Chair | OfficerTrustee | 1 | $0 |
Elizabeth Loulan Treasurer | OfficerTrustee | 1 | $0 |
Allison Chra Secretary | OfficerTrustee | 1 | $0 |
Andrew Meyer Director | OfficerTrustee | 1 | $0 |
Daniel Mcginty Director | OfficerTrustee | 1 | $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 | $1,764,641 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,764,641 |
| Total Program Service Revenue | $0 |
| Investment income | $2,226 |
| 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 | $1,766,867 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,627,645 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $391 |
| Fees for services: Accounting | $1,710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $708 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,639,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,383 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $99,203 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $439,586 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $65,531 |
| Net assets with donor restrictions | $374,055 |
| 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 | $439,586 |