Team Trace Inc is located in Wye Mills, MD. The organization was established in 2013. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Team Trace Inc generated $97.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $68.9k during the year ending 12/2019. While expenses have increased by 3.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
ORGANIZE FUNDRAISING EVENTS TO RAISE AWARENESS AND PROVIDE FUNDING FOR RESEARCH PROJECTS TO DEVELOPE CURES AND THERAPIES FOR CHILDREN WITH PEDIATRIC CONGENITAL HEART DISEASE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Douglas Walker Secretary | 5 | $0 | |
Ashley Knight Director | 10 | $0 | |
Melinda Spedden Director | 5 | $0 | |
William Willis Treasurer | 5 | $0 | |
Daryl Knight President | 10 | $0 | |
Dereck Janes Vice Preside | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $66,769 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $30,220 |
Other Revenue | $0 |
Total Revenue | $96,989 |
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 | $3,463 |
Total expenses | $68,938 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $85,835 |
Other assets | $0 |
Total assets | $85,835 |
Total liabilities | $0 |
Net assets or fund balances | $85,835 |
Over the last fiscal year, we have identified 1 grants that Team Trace Inc has recieved totaling $50,000.
Awarding Organization | Amount |
---|---|
John And Elizabeth Endicott Foundation Chester, MD PURPOSE: COMMUNITY /MEDICAL RESEARCH SUPPORT | $50,000 |
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