Team Reece
- Assets
- $42.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashburn, VA
- Founding
- Data as of
- 12/2022
- EIN
- 85-1905651
Organization Overview
Team Reece is located in Ashburn, VA. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Reece 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 Reece generated $35.4k 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 (37.8%) each year. All expenses for the organization totaled $52.9k 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
REECE WAS BORN WITH A RARE CONGENITAL JOINT CONDITION CALLED ARTHROGRYPOSIS MULTIPLEX CONGENITA (AMC OR ARTHROGRYPOSIS) WHICH OCCURS IN TWO OR MORE AREAS OF THE BODY. ALTHOUGH THIS CONDITION AFFECTS HER ABILITY TO USE HER ARMS AND LEGS, REECE STRIVES DAILY TO OVERCOME OBSTACLES MOST CHILDREN WILL NEVER EXPERIENCE. THROUGH THE EFFORTS AND DEDICATION OF A TALENTED GROUP OF DOCTORS AND OTHER MEDICAL PROFESSIONALS, REECE IS PROOF POSITIVE THAT WE CAN MAKE THE IMPOSSIBLE POSSIBLE. REECE AND THE LEGGITT FAMILY ESTABLISHED TEAM REECE TO RAISE PROCEEDS TO HELP OTHER CHILDREN BORN WITH THIS CONDITION. TEAM REECE HAS DONATED MORE THAN $300,000 TO SHRINERS HOSPITAL FOR CHILDREN SO THAT OTHER CHILDRNE LIKE REECE WILL SEE BEYOND LIMITATIONS AND NOW THAT DRAMS REALLY DO COME TRUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Micah Leggitt President | 3 | $0 | |
Linda Warren Secretary | 1 | $0 | |
Robert Burrows Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,554 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$40,165 |
| Other Revenue | $0 |
| Total Revenue | $35,389 |
| 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 | $0 |
| Other expenses | $5,352 |
| Total expenses | $52,852 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,811 |
| Other assets | $0 |
| Total assets | $42,811 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,811 |