Zacks Team Foundation
- Assets
- $55.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Billerica, MA
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 46-5254298
Organization Overview
Zacks Team Foundation is located in Billerica, MA. The organization was established in 2014. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zacks Team 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, Zacks Team Foundation generated $22.8k 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 (12.7%) each year. All expenses for the organization totaled $15.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise Griffin President | 4 | $0 | |
Michael Gys Clerk | 1 | $0 | |
Taylor Alongi Treasurer | 4 | $0 | |
Peggy Sarmento Director | 1 | $0 | |
Rich Sarmento Director | 1 | $0 | |
Tara Sarmento Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,377 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,434 |
| Other Revenue | $0 |
| Total Revenue | $22,811 |
| 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 | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $986 |
| Total expenses | $15,596 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,880 |
| Other assets | $0 |
| Total assets | $55,880 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,880 |