Team Aid Inc
- Assets
- $33.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southborough, MA
- Founding
- 01/2018
- Data as of
- 12/2022
- EIN
- 82-2752084
Organization Overview
Team Aid Inc is located in Southborough, MA. The organization was established in 2018. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, 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 Aid 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 Aid Inc generated $58.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $78.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE SPECIFIC PURPOSE IS TO ASSIST PEOPLE OR THEIR FAMILIES THAT ARE INCIDENTALLY EFFECTED BY ACCIDENTS, HOMICIDES, SUICIDES, CALAMITIES, SUDDEN OR UNEXPECTED DEATHS ILLNESS. VIOLENCE AND CRIMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mohan R Nannapaneni President & Director | 15 | $0 | |
Dr Raghu Korrapati Treasurer & Director | 10 | $0 | |
Dr Devaiah Pagidipati Director | 2 | $0 | |
Vasudeva Reddy Chinna Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,683 |
| 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 | $58,683 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $456 |
| Other expenses | $78,388 |
| Total expenses | $78,844 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,100 |
| Other assets | $0 |
| Total assets | $33,100 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,100 |