Team Addo Inc
- Assets
- $24.9k
- Revenue
- $241.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Tampa, FL
- Founding
- 05/2017
- Data as of
- 12/2022
- EIN
- 82-0774288
Organization Overview
Team Addo Inc is located in Tampa, FL. The organization was established in 2017. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Addo 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 12/2022, Team Addo Inc generated $241.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $251.2k during the year ending 12/2022. While expenses have increased by 18.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO SUPPORT OUR VETERANS BY PROVIDING FINANCIAL ASSISTANCE AND BUILDING STRONG, VIBRANT COMMUNITIES ACROSS THE UNITED STATES. AS VETERANS OURSELVES, WE ARE BOUND BY OUR DEDICATION TO GOD, COUNTRY, AND FAMILY, AND WE STRIVE TO MAKE A MEANINGFUL IMPACT TO VETERANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE WERE ABLE TO SUIT UP OVER 80 TRANSITIONING SERVICE MEMBERS THROUGH OUR VETERANS CLOSET SUITING THOSE WHO SERVED PROGRAM WITH TOTAL COST OF $43,828. TRANSITIONING VETERANS WERE ALSO ABLE TO RECEIVE PROFESSIONAL HEADSHOTS AT NO COST TO THEM VALUING OVER $5,022. TEAM ADDO ALSO SUPPORTED VETERANS AND THEIR FAMILY MEMBERSTHROUGH THE VETERAN ADVENTURE PROGRAM VALUING $44,862. TEAM ADDO CONTINUED TO ENGAGE INDIRECT ASSISTANCE BY SPONSORING TRIPS AND SOCIAL EVENTS IN TAMPA FOR SMALL GROUPS OF VETERANS ALLTHE WHILE BRINGING BACK LARGE SCALE EVENTS. SMALL GATHERINGS AND LARGE EVENTS CONTINUE TO HELPRECONNECT AND STABILIZE VETERANS, THEIR FAMILIES AND THE COMMUNITIES THEY WORK AND LIVE IN. TOTAL PROGRAMS EXPENSES WERE $93,712.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Harding Director | Trustee | 5 | $0 |
Brian Capobianco Vc | Trustee | 5 | $0 |
Robin Conley Director | Trustee | 5 | $0 |
Kirk Thomas Director | Trustee | 5 | $0 |
Chris Antinori Director | Trustee | 5 | $0 |
Kevin Fitzsimmons VP | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,612 |
| Fundraising events | $93,761 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,668 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,041 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,041 |
| 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 | $1,690 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,572 |
| Office expenses | $6,743 |
| Information technology | $1,402 |
| Royalties | $0 |
| Occupancy | $3,075 |
| Travel | $10,716 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $335 |
| All other expenses | $41,989 |
| Total functional expenses | $251,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,788 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $69 |
| Total assets | $24,857 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,761 |
| Total liabilities | $14,761 |
| Net assets without donor restrictions | $10,096 |
| Net assets with donor restrictions | $0 |
| 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 | $24,857 |