Team Trace Inc is located in Wye Mills, MD. The organization was established in 2013. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Trace 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 Trace Inc generated $78.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $63.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZE FUNDRAISING EVENTS TO RAISE AWARENESS AND PROVIDE FUNDING FOR RESEARCH PROJECTS TO DEVELOPE CURES AND THERAPIES FOR CHILDREN WITH PEDIATRIC CONGENITAL HEART DISEASE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daryl Knight President | 10 | $0 | |
Dereck Janes Vice Preside | 5 | $0 | |
Douglas Walker Secretary | 5 | $0 | |
Ashley Knight Director | 10 | $0 | |
Nicole Janes Director | 5 | $0 | |
William A Willis Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $52,646 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $26,150 |
Other Revenue | $0 |
Total Revenue | $78,796 |
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 | $4,816 |
Total expenses | $63,661 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $160,483 |
Other assets | $0 |
Total assets | $160,483 |
Total liabilities | $0 |
Net assets or fund balances | $160,483 |
Over the last fiscal year, we have identified 1 grants that Team Trace Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
John And Elizabeth Endicott Foundation Indian Wells, CA PURPOSE: SUPPORT | $5,000 |
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