Team Gleason Foundation
- Assets
- $8.3m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 21
- Location
- New Orleans, LA
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 45-3689316
Organization Overview
Team Gleason Foundation is located in New Orleans, LA. The organization was established in 2012. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Team Gleason Foundation employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Gleason 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 12/2022, Team Gleason Foundation generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $4.2m during the year ending 12/2022. While expenses have increased by 6.5% 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
(1)HELP TO PROVIDE INDIVIDUALS WITH NEURO-MUSCULAR DISEASES OR INJURIES WITH LEADING EDGE TECHNOLOGY, EQUIPMENT AND SERVICES (2) RAISE PUBLIC AWARENESS TOWARD AMYOTROPHIC LATERAL SCLEROSIS BY PROVIDING & DOCUMENTING LIFE ADVENTURES FOR INDIVIDUALS WITH MUSCULAR DISEASES OR INJURIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPING DELIVER LEADING EDGE EQUIPMENT, SERVICES AND TECHNOLOGY, THE TEAM GLEASON FOUNDATION PROVIDES ALS PATIENTS WITH THE TOOLS TO ALLOW PEOPLE LIVING WITH ALS TO COMMUNICATE, INTERACT, AND LIVE WITH PURPOSE. TECHNOLOGY AND EQUIPMENT HAVE ADVANCED OVER THE PAST DECADE BUT THESE SERVICES CAN BE TAKEN EVEN FURTHER. THE FOUNDATION WORKS WITH CREATIVE COMPANIES TO DEVELOP VOICE CREATION AND HANDS-FREE SOFTWARE AND TECHNOLOGY.THE FOUNDATION MAINTAINS CONTACT WITH ALS FAMILIES RECEIVING SPECIALIZED EQUIPMENT AND RECYCLES THE EQUIPMENT TO NEW PATIENTS WHEN THE EQUIPMENT IS NO LONGER NEEDED. IN 2022, THE APPROXIMATE VALUE OF SUCH EQUIPMENT REPURPOSED WAS $1,800,000. IN ADDITION, VOICE BANKING TECHNOLOGY WAS PROVIDED TO 970 PATIENTS VALUED AT $1,550,000 AND SEAT ELEVATORS WERE PROVIDED TO 1,250 PATIENTS.TEAM GLEASON WAS VOTED "BEST NON-PROFIT" IN GAMBIT'S 2022 BEST OF NEW ORLEANS ISSUE.TEAM GLEASON PARTNERED WITH SYNCHRON, AN ENDOVASCULAR BRAIN COMPUTER INTERFACE COMPANY, TO PROVIDE PATIENT-FOCUSED FEEDBACK ON THEIR PLATFORM TO TRANSFORM DAILY LIFE FOR PATIENTS WITH PHYSICAL AND SPEECH DISABILITIES LIKE ALS, MUSCULAR DYSTROPHY, AND CEREBRAL PALSY. THROUGH TEAM GLEASON'S COMMUNITY OF ALS PATIENTS, CAREGIVERS, CLINICIANS AND TECHNOLOGY SPECIALISTS, PROVIDED SYNCHRON ACCESS TO USER RESEARCH, INCLUDING FEEDBACK ON THE STENTRODE SYSTEMS CURRENT OVERALL DESIGN FOR PATIENTS AND CAREGIVERS.TEAM GLEASON TEAMED UP WITH COMCAST TO DRIVE INCLUSIVE INNOVATION TO IMPROVE THE INDEPENDENCE AND QUALITY OF LIFE FOR PEOPLE WITH PHYSICAL AND SPEECH DISABILITIES, INCLUDING THOSE LIVING WITH ALS. TOGETHER, COMCAST AND TEAM GLEASON ARE ACTIVELY ENGAGED WITH PEOPLE WITH ALS (PALS) AND CAREGIVERS, AS WELL AS PREEMINENT CLINICIANS, TECHNOLOGISTS AND ASSISTIVE TECHNOLOGY PARTNERS TO DEFINE AND DEVELOP ACCESSIBLE, EMPOWERING EXPERIENCES FROM TV CONTROL TO SMART HOME SOLUTIONS AND BEYOND.INNOVATION THROUGH COLLABORATION ACCESSIBILITY ROUNDTABLE - TEAM GLEASON HOSTED THE INNOVATION THROUGH COLLABORATION ACCESSIBILITY ROUNDTABLE TO ACCELERATE THE DEVELOPMENT OF QUALITY OF LIFE IMPROVING TECHNOLOGIES FOR PEOPLE LIVING WITH ALS BY CATALYZING COLLABORATIONS BETWEEN GREAT PEOPLE AND GREAT COMPANIES. INDUSTRY ATTENDENCE INCLUDED GOOGLE, MICROSOFT, COMCAST, AND AMAZON.TEAM GLEASON HELD A MAJOR PRESENCE AT THE ASHA (AMERICAN SPEECH-LANGUAGE-HEARING ASSOCIATION) 2022 CONFERENCE HOSTED IN NEW ORLEANS WHERE THERE WAS A RECREATION OF THE TEAM GLEASON ASSISTIVE TECHNOLOGY LAB. STEVE AND MICHEL GLEASON WERE ALSO AWARDED THE PRESTIGIOUS ANNIE GLENN AWARD AT THE CONFERENCE FOR THE POSITIVE IMPACT THAT TEAM GLEASON HAS HAD ON THE LIVES OF PEOPLE WITH COMMUNICATION DISORDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Darragh Managing Director | 40 | $121,458 | |
Blair Casey Executive Director | 40 | $119,746 | |
William K Gay Director | 40 | $108,755 | |
Paul Varisco Sr Chairman | OfficerTrustee | 40 | $50,000 |
Clare Durrett Director | OfficerTrustee | 30 | $24,000 |
Vinnie Varisco Director | Trustee | 1.2 | $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 | $2,925,992 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,925,992 |
| Total Program Service Revenue | $0 |
| Investment income | $94,259 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$72,927 |
| Net Income from Fundraising Events | $1,338,517 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,285,841 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,276 |
| Grants and other assistance to domestic individuals. | $2,237,916 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $402,605 |
| Compensation of current officers, directors, key employees. | $74,206 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $735,527 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $136,817 |
| Payroll taxes | $87,975 |
| Fees for services: Management | $164,307 |
| Fees for services: Legal | $1,475 |
| Fees for services: Accounting | $24,248 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $113,984 |
| Fees for services: Investment Management | $52,858 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,060 |
| Office expenses | $69,848 |
| Information technology | $170 |
| Royalties | $0 |
| Occupancy | $91,937 |
| Travel | $16,578 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,170 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,233 |
| Insurance | $25,940 |
| All other expenses | $0 |
| Total functional expenses | $4,238,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,120,849 |
| Savings and temporary cash investments | $885,423 |
| 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 | $104,005 |
| Investments—publicly traded securities | $6,006,434 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $139,839 |
| Other assets | $9,742 |
| Total assets | $8,266,292 |
| Accounts payable and accrued expenses | $230,200 |
| Grants payable | $295,631 |
| 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 | $102 |
| Secured mortgages and notes payable | $188,184 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $27,070 |
| Total liabilities | $741,187 |
| Net assets without donor restrictions | $2,800,240 |
| Net assets with donor restrictions | $4,724,865 |
| 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 | $8,266,292 |
Grants Awarded
Over the last fiscal year, Team Gleason Foundation has awarded $194,200 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
13 OTHERS 2500 EACH PURPOSE: GENERAL EXEMPT PURPOSE | $12,100 |
SPOKANE CATHOLIC CHARITIES PURPOSE: GENERAL EXEMPT PURPOSE | $85,000 |
13 OTHERS 2500 EACH PURPOSE: GENERAL EXEMPT PURPOSE | $12,100 |
SPOKANE CATHOLIC CHARITIES PURPOSE: GENERAL EXEMPT PURPOSE | $85,000 |