Teddy Bear Party is located in Frisco, TX. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teddy Bear Party 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, Teddy Bear Party generated $133.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $130.2k 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
EVERY ATTENDEE IS REQUIRED TO BRING A NEW TEDDY BEAR. IN ADDITION TO THE TEDDY BEAR, THERE IS CURRENTLY A SUGGESTED DONATION OF $75 PER PERSON. THE ATTENDEES ENJOY AN EVENING WHICH INCLUDES AN OPEN BAR, DJ, DANCE FLOOR, AND PHOTO BOOTH. TO DATE, THE EVENT HAS BENEFITTED THE BELOW: 1.TOYS FOR TOTS 2.CHILDRENS MEDICAL CENTER - TEDDY BEARS ARE DONATED TO A LOCAL CHILDRENS HOSPITAL 3.MONETARY BENEFICIARIES HAVE INCLUDED EQUALITY TEXAS,FAMILY EQUALITY COUNCIL, RAINBOW ROUNDUP AND THE TREVOR PROJECT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Hanna Founder | 7.5 | $0 | |
Joe Riggs Cofounder | 7.5 | $0 | |
Steve Rahhal Member | 1 | $0 | |
Gary Mcdonald Member | 1 | $0 | |
Mike Richardson Member | 1 | $0 | |
Julio Gonzalez Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,827 |
| 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 | $133,827 |
| 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 | $130,199 |
| Total expenses | $130,199 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,146 |
| Other assets | $0 |
| Total assets | $69,146 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,146 |