Team Type 1 Inc

Organization Overview

Team Type 1 Inc is located in Atlanta, GA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Team Type 1 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 12/2021, Team Type 1 Inc generated $322.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $167.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FIGHT FOR THE RIGHT TO LIVE THROUGH A GLOBAL MISSION OF EDUCATION, EMPOWERMENT, AND EQUAL ACCESS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION HAS TWO PRIMARY PROGRAMS: 1. PROVIDING EDUCATIONAL SCHOLARSHIPS FOR YOUNG ATHLETES WITH TYPE 1 DIABETES, AND HAVING THOSE ATHLETES SERVE AS SPOKESPERSONS TO FURTHER ACHIEVE THE ORGANIZATION'S GOALS. 2. COLLABORATING WITH GOVERNMENTS BY CONSULTING WITH LOCAL, STATE, AND NATIONAL HEALTH MINISTRIES TO ENSURE ACCESS TO NEEDED SUPPLIES (I.E.GLUCOSE MONITORING DEVICES, TEST STRIPS, ETC.), DIABETES MEDICATIONS (BOTH INSULIN AND NON-INSULIN) TO ALL INDIVIDUALS WITH DIABETES AND EDUCATION FOR HEALTH CARE PROFESSIONALS.


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Board, Officers & Key Employees

Name (title)Compensation
Christopher Bell
Treasurer/di
$0
John Hipp
Secretary/di
$0
Harold Southerland
President/di
$0
Michael Kipniss
Director
$0
Darin Olsen
Director
$0
R Philip Jarrell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$37,077
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$261,683
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$298,760
Total Program Service Revenue$0
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 $23,487
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $322,247

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Team Type 1 Inc has recieved totaling $15,561.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$10,000
Ligon Foundation

Marietta, GA

PURPOSE: GENERAL SUPPORT

$5,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$61
View Grant Recipient Profile

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