Tedys Team Inc
- Assets
- $1.9m
- Revenue
- $945.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Plainville, MA
- Founding
- 03/2019
- Data as of
- 06/2023
- EIN
- 83-1911809
Organization Overview
Tedys Team Inc is located in Plainville, MA. The organization was established in 2019. According to its NTEE Classification (G99) the organization is classified as: Voluntary Health Associations & Medical Disciplines N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2023, Tedys Team Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tedys 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 06/2023, Tedys Team Inc generated $945.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $653.6k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RAISING AWARENESS OF STROKE AND HEART DISEASE WHILE SUPPORTING SURVIVORS ON THEIR JOURNEY, GIVING THEM THE MEANS FOR A COMEBACK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPENING OF OUR TEDY'S TEAM CENTER OF EXCELLENCE OFFICIALLY IN MARCH 2023 AT RIBBON CUTTING. CENTER WILL PROIVIDE FREE CARE FOR STROKE PATIENTS. COMMUNITY CPR EVENT - FREE CPR TRAINING FOR COMMUNITY IN JUNE. PUR RUNNING PROGRAM FOR BOSTON GREW FROM 45 RUNNERS TO 54 RUNNERS ALLOWING US TO RAISE MORE VITAL FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tedy Bruschi President/board Member | OfficerTrustee | 12 | $0 |
Heidi Bruschi VP And Board Member | OfficerTrustee | 5 | $0 |
Richard Walsh Board Member | Trustee | 5 | $0 |
Elizabeth Tirrell Executive Director | Officer | 40 | $105,000 |
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 | $933,139 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $933,139 |
| Total Program Service Revenue | $0 |
| Investment income | $3,870 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,468 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $945,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $65,826 |
| 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. | $125,000 |
| Compensation of current officers, directors, key employees. | $37,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,761 |
| Pension plan accruals and contributions | $13,738 |
| Other employee benefits | $40,394 |
| Payroll taxes | $14,902 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $750 |
| Fees for services: Accounting | $22,570 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $47,493 |
| Office expenses | $21,455 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,462 |
| Travel | $4,037 |
| 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 | $2,025 |
| All other expenses | $0 |
| Total functional expenses | $653,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,794,958 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,449 |
| 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 | $25,277 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,052 |
| Total assets | $1,861,736 |
| Accounts payable and accrued expenses | $27,718 |
| Grants payable | $759,923 |
| 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 | $37,405 |
| Total liabilities | $825,046 |
| Net assets without donor restrictions | $1,036,690 |
| 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 | $1,861,736 |
Grants Awarded
Over the last fiscal year, Tedys Team Inc has awarded $60,460 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: TO SUPPORT ORGANIZATION'S ONGOING RESEARCH EFFORTS. | $54,000 |
MICHIGAN MEDICINE REHABILITATION CENTER-ANN ARBOR PURPOSE: KAMAL MAKKI CAP PT SESSIONS | $6,460 |