Teamworks Development Institute
- Assets
- $150.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 11/2016
- Data as of
- 12/2019
- EIN
- 81-1057107
Organization Overview
Teamworks Development Institute is located in Sunnyvale, CA. The organization was established in 2016. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teamworks Development Institute 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 12/2019, Teamworks Development Institute generated $80.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.8%) each year. All expenses for the organization totaled $82.5k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION DELIVERED EDUCATIONAL PROGRAMS FOR NONPROFIT ORGANIZATIONS PLANNING OR WORKING WITH COOPERATIVE BUSINESSES OWNED BY LOW-INCOME PEOPLE MOST NOTABLY THROUGH A THREE-DAY PROGRAM HELD IN MARCH 2017 AND ATTENDED IN-PERSON BY 15 PEOPLE REPRESENTING 8 ORGANIZATIONS FROM AROUND THE COUNTRY. THE ORGANIZATION ALSO PROVIDED CUSTOMIZED TECHNICAL ASSISTANCE AND TRAINING DIRECTLY TO COOPERATIVES AND NONPROFIT ORGANIZATIONS. FINALLY, THE ORGANIZATION LAUNCHED ITS OPEN SOURCE PROJECT THAT MAKES KEY DOCUMENTS AND TOOLS AVAILABLE FOR FREE ONLINE FOR ANY GROUP PLANNING THE LAUNCH OF HOUSE CLEANING COOPERATIVES OWNED BY LOW-INCOME WORKERS.
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED CUSTOMIZED CONSULTING, TRAINING, AND SERVICES TO THREE ORGANIZATIONS/CO-OPS ON A FEE-FOR-SERVICE BASIS AND FREE CONSULTATIONS TO FIVE ORGANIZATIONS/COOPS.
THE ORGANIZATION PROVIDED EDUCATIONAL PROGRAMS AND RESOURCES FOR GROUPS INTERESTED IN LAUNCHING COOPERATIVES RUN BY LOW-INCOME PEOPLE. THIS INCLUDED A IN-PERSON 3-DAY CO-OP DEVELOPMENT INTENSIVE TRAINING ATTENDED BY 15 PEOPLE REPRESENTING 7 NONPROFIT GROUPS WHO TRAVELED FROM AROUND THE COUNTRY TO ATTEND THE EVENT. WE ALSO LAUNCHED OUR OPEN SOURCE PROJECT, A FREE ONLINE LIBRARY OF RESOURCES FOR GROUPS PLANNING AND RUNNING CLEANING COOPERATIVES.
THE ORGANIZATION TOOK OVER MANAGEMENT OF THE TEAMWORKS CAPITAL FUND, A SMALL PORTFOLIO OF LONG-TERM LOANS TO WORKER-OWNED COOPERATIVES. THESE LOANS WERE PREVIOUSLY MANAGED BY THE NONPROFIT LENDER OPPORTUNITY FUND OF NORTHERN CALIFORNIA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Smathers Moore Executive Director | 30 | $47,706 | |
Jennifer Martinez President | 1 | $0 | |
Ingrid Hernandez Secretary | 1 | $0 | |
Ivette Melendez Treasurer | 1 | $4,767 | |
Roberto Gil Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,443 |
| Total Program Service Revenue | $6,620 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $420 |
| Total Revenue | $80,483 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,473 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,508 |
| Total expenses | $82,531 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,722 |
| Other assets | $0 |
| Total assets | $150,825 |
| Total liabilities | $27,323 |
| Net assets or fund balances | $123,502 |