Soulteam Inc
- Assets
- $228.4k
- Revenue
- $244.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 06/2004
- Data as of
- 12/2021
- EIN
- 46-0483072
Organization Overview
Soulteam Inc is located in Tulsa, OK. The organization was established in 2004. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soulteam 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRAIN, EQUIP, AND MOBILIZE YOUTH AND YOUNG ADULTS VIA SHORT-TERM FOREIGN MISSION TRIPS TO MEET THE PHYSICAL AND SPIRITUAL NEEDS OF THE POOR, ISOLATED, AND UNREACHED. OFTEN VENTURING INTO THE MORE REMOTE AREAS OF THE WORLD, SOULTEAM MEDICAL TEAMS PARTNER WITH LOCAL CHURCHES AND NON-PROFIT ORGANIZATIONS TO BRING MEDICAL AND VISION CARE TO PEOPLE WHO HAVE NONE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOULTEAM IS A CHRISTIAN NON-PROFIT ORGANIZATION FOUNDED TO PROVIDE HELP THROUGH SHORT-TERM MEDICAL MISSIONS AND DISCIPLESHIP TRAINING. SOULTEAM PLANS AND COORDINATES AN ANNUAL MISSION TRIP, EITHER IN STATE OR INTERNATIONALLY, TO HELP PROVIDE OPTOMETRY SERVICES TO COMMUNITIES IN NEED. ADDITIONAL EVENTS DURING THE YEAR INCLUDE MONTHLY YOUNG OUTREACH AND YOUTH LEADER DINNERS, YARD WORK PREFORMED AT VARIOUS TULSA HOMES TO IMPROVE THE LOCAL NEIGHBORHOODS AND AN ANNUAL BAKE SALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Presley President | OfficerTrustee | 20 | $0 |
Lydia Presley Treasurer | OfficerTrustee | 30 | $0 |
Cory Presley Vice President/secretary | OfficerTrustee | 7 | $0 |
Daniel Bright Board Member | Trustee | 10 | $0 |
Michael Owen Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $242,241 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,241 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $244,241 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,791 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $41,310 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $652 |
| Office expenses | $1,175 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,243 |
| Travel | $22,946 |
| 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 | $752 |
| Total functional expenses | $149,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,360 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $228,360 |
| 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 | $0 |
| 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 | $228,360 |
| Total liabilities and net assets/fund balances | $228,360 |
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