T E A M Foundation Inc
- Assets
- $120.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lincolnton, NC
- Founding
- 07/2011
- Data as of
- 04/2022
- EIN
- 27-3173336
Organization Overview
T E A M Foundation Inc is located in Lincolnton, NC. The organization was established in 2011. According to its NTEE Classification (T30) the organization is classified as: Public 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. T E A M Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ORGANIZATION IS A WAY FOR TIMES OIL CORPORATION TO GIVE BACK TO ITS HOME COMMUNITIES, ENRICHING THE LIVES OF THEIR YOUNG PEOPLE THROUGH SUPPORT OF LOCAL EDUCAITONAL ORGANIZATIONS AND RECREATIONAL OPPORTUNITIES AND TO CONTRIBUTE SUPPORT TO LOCAL CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hunter Boyd Vice President | 0 | $0 | |
David M Boyd President | 0 | $0 | |
Deborah Owens Secretary | 0 | $0 | |
Daniel M Boyd III Director | 0 | $0 | |
Larry Dean Brown Director | 0 | $0 | |
Donna J Scates Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,860 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $47 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $79,734 |
| Other Revenue | $0 |
| Total Revenue | $84,641 |
| 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 | $18,967 |
| Total expenses | $18,967 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,236 |
| Other assets | $0 |
| Total assets | $120,236 |
| Total liabilities | $0 |
| Net assets or fund balances | $120,236 |
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