Grey Team Inc
- Assets
- $477.9k
- Revenue
- $299.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 81-4567473
Organization Overview
Grey Team Inc is located in Boca Raton, FL. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grey Team 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, Grey Team Inc generated $299.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $212.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GREY TEAM, INC. IS A 501 (C)3 NON-PROFIT BASED IN BOCA RATON, FLORIDA ESTABLISHED IN NOVEMBER OF 2016 TO HELP REDUCE AND ELIMINATE PTSD RELATED VETERAN SUICIDES.OUR MISSION IS TO SAVE VETERANS LIVES. AS SUICIDE RATES AMONG RETURNING US MILITARY VETERANS CONTINUE TO RISE, THE STATISTICS NOW SHOW THAT IT IS NOW SIX TIMES MORE DANGEROUS FOR AN AMERICAN SOLDIER TO RETURN HOME FROM WAR THAN IT IS FOR HIM/HER TO ACTIVELY BE ENGAGED IN COMBAT WITH THE ENEMIES OF OUR COUNTRY.GREY TEAM, INC. USES A COMBINATION OF HOLISTIC HEALING TECHNOLOGIES AS WELL AS REINSTATING A PASSION FOR LIFE AND PURPOSE, TO COMPLETELY REDEFINE WHAT IT MEANS TO BE A US MILITARY VETERAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FITNESS TRAINING, COACHING AND SUPPORT SERVICES TO VETERANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cary Reichbach President | OfficerTrustee | 15 | $0 |
Gregory Fried Secretary | OfficerTrustee | 4 | $0 |
Dr Alan Bauman Medical Direc. | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $237,177 |
| Noncash contributions included in lines 1a–1f | $70,501 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $237,177 |
| 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 | $61,076 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $299,817 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| 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 | $6,710 |
| Office expenses | $1,013 |
| Information technology | $2,219 |
| Royalties | $0 |
| Occupancy | $87,207 |
| Travel | $408 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,657 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,206 |
| Insurance | $1,902 |
| All other expenses | $2,449 |
| Total functional expenses | $212,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,049 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,854 |
| 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 | $276,441 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,604 |
| Total assets | $477,948 |
| 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 | $124,800 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $124,800 |
| Net assets without donor restrictions | $343,148 |
| Net assets with donor restrictions | $10,000 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $477,948 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Grey Team Inc has recieved totaling $60,668.
| Awarding Organization | Amount |
|---|---|
United Way Of Palm Beach County Inc West Palm Beach, FL PURPOSE: Allocations to Agencies | $30,000 |
Wayne W Dyer Family Foundation Boca Raton, FL PURPOSE: GENERAL OPERATING | $30,000 |
United Community Bank Foundation Inc Greenville, SC PURPOSE: THIS IS AN UNRESTRICTED DONATION. THE ORGANIZATION CAN USE THE FUNDS AS NEEDED IN FURTHERANCE OF ITS CHARITABLE PURPOSE. | $625 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $43 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nhnfp Healthcare Inc Atlanta, GA | $223,126,263 | $90,563,041 |
Georgia Tech Foundation Inc Atlanta, GA | $3,057,656,645 | $246,304,114 |
Aspire Health Partners Inc Orlando, FL | $88,783,924 | $102,481,660 |
Dixie Electric Power Assn Laurel, MS | $277,061,319 | $96,509,999 |
Florida Charter Educational Foundation Inc Ft Lauderdale, FL | $156,543,730 | $97,506,587 |
Gibson Electric Membership Corp Trenton, TN | $199,281,246 | $104,510,085 |
Four County Electric Membership Corp Burgaw, NC | $229,795,069 | $103,654,934 |
Union University Jackson, TN | $193,669,100 | $103,290,604 |
Health Services Of Central Georgia Inc Macon, GA | $8,366,432 | $97,526,372 |
Young Mens Christian Association Of Metropolitan Atlanta Inc Atlanta, GA | $319,280,484 | $102,392,694 |
Central Electric Power Association Carthage, MS | $142,416,370 | $101,127,410 |
Holston Electric Cooperative Inc Rogersville, TN | $140,432,181 | $97,958,544 |