Team Of Life Inc
- Assets
- $8.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 65-0979102
Organization Overview
Team Of Life Inc is located in Fort Lauderdale, FL. The organization was established in 2002. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Of Life 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 Of Life Inc generated $21.4k 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 (16.4%) each year. All expenses for the organization totaled $20.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 7 years. 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
THROUGHOUT THE YEAR, TEAM OF LIFE PROVIDES ASSISTANCE,FOOD AND SHELTER TO APPROCIMATELY 80 CHILDREN, THEFOUNDATION IS IN THE PROCESS OF BUILDING A HOME FOR THESE CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Essie Hill Reed President | 80 | $0 | |
Veneka Lindsey Treasurer | 20 | $0 | |
Samuel E Reed Vice President | 80 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,385 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,385 |
| 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 | $6,125 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,806 |
| Total expenses | $20,931 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,862 |
| Other assets | $0 |
| Total assets | $8,862 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,862 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Team Of Life Inc has recieved totaling $28,140.
| Awarding Organization | Amount |
|---|---|
Jacob S Zweig Foundation Inc Deerfield Beach, FL PURPOSE: MISSION GOAL | $18,140 |
Food For The Poor Inc Coconut Creek, FL PURPOSE: Charitable aid | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bay Area Youth Services Inc Tampa, FL | $4,250,223 | $9,248,037 |
Prime Time Palm Beach County Inc Boynton Beach, FL | $1,762,006 | $7,557,029 |
Little Star Foundation Santa Rosa Beach, FL | $1,136,389 | $3,525,981 |
Safe Harbor Childrens Center Inc Brunswick, GA | $5,121,939 | $4,772,587 |
Florida Pregnancy Care Network Inc Tallahassee, FL | $1,191,196 | $4,344,801 |
Helping Abused Neglected Disadvantaged Youth-Handy-Inc Fort Lauderdale, FL | $2,544,689 | $4,316,783 |
Youth Crisis Center Inc Jacksonville, FL | $2,793,358 | $4,972,104 |
Youth Haven Inc Naples, FL | $12,129,696 | $4,095,563 |
Voices For Children Foundation Inc Miami, FL | $3,965,603 | $4,747,514 |
Georgia Campaign For Adolescent Power And Potential Inc Atlanta, GA | $1,528,978 | $3,470,399 |
Crosswinds Youth Services Inc Cocoa, FL | $4,590,304 | $3,452,138 |
Georgia Center For Child Advocacy Inc Atlanta, GA | $3,532,895 | $3,541,483 |