T E A M Foundation Inc is a 501(c)(3) organization based in Lincolnton, North Carolina, registered in 2011, with $35,856 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$36K
▼ 60.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$57K
Net assets
$94K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for T E A M Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For T E A M Foundation Inc: 20 mo reserves · -59% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for T E A M Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For T E A M Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $63K (FY2010) to $36K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-59.3%
Spent more than it raised in the latest fiscal year.
Total assets
$94K
Net assets
$94K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $35,856▼60.4% | $57,123▲38.8% | $94,045▼18.4% | $94,045▼18.4% | 990EZ |
| 2023 | $90,519▲95.5% | $41,157▼59.1% | $115,312▲74.8% | $115,312▲74.8% | 990EZ |
| 2022 | $46,305▼45.3% | $100,591▲430% | $65,950▼45.1% | $65,950▼45.1% | 990EZ |
| 2021 | $84,641▲200% | $18,967 | $120,236▲203% | $120,236▲203% | 990EZ |
| 2012 | $28,251▲29.6% | — | $39,722▲246% | $39,722▲246% | 990EZ |
| 2011 | $21,801▼65.6% | $28,829▼35.8% | $11,471▼38.0% | $11,471▼38.0% | 990EZ |
| 2010 | $63,392 | $44,893 | $18,499 | $18,499 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for T E A M Foundation Inc (EIN 27-3173336) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.