Team Aid Inc
- Assets
- $56.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southborough, MA
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 82-2752084
Organization Overview
Team Aid Inc is located in Southborough, MA. The organization was established in 2018. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Aid 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 12/2021, Team Aid Inc generated $95.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $69.1k during the year ending 12/2021. While expenses have increased by 32.8% per year over the past 2 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
2021
Describe the Organization's Program Activity:
Part 3
THE SPECIFIC PURPOSE IS TO ASSIST PEOPLE OR THEIR FAMILIES THAT ARE INCIDENTALLY EFFECTED BY ACCIDENTS, HOMICIDES, SUICIDES, CALAMITIES, SUDDEN OR UNEXPECTED DEATHS ILLNESS. VIOLENCE AND CRIMES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mohan R Nannapaneni President & Director | 15 | $0 | |
Dr Raghu Korrapati Treasurer & Director | 10 | $0 | |
Dr Devaiah Pagidipati Director | 2 | $0 | |
Vasudeva Reddy Chinna Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,238 |
| 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 | $95,238 |
| 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 | $69,102 |
| Total expenses | $69,102 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,879 |
| Other assets | $0 |
| Total assets | $56,879 |
| Total liabilities | $3,618 |
| Net assets or fund balances | $53,261 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Team Aid Inc has recieved totaling $10,389.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,081 |
American Tower Charitable Foundation Inc Boston, MA PURPOSE: GENERAL PURPOSE | $202 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $106 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greg Hill Foundation Woburn, MA | $6,630,527 | $13,875,487 |
Caties Closet Inc Dracut, MA | $4,577,081 | $8,342,538 |
My Brothers Keeper Inc South Easton, MA | $7,204,366 | $7,147,768 |
Afya Foundation Inc Yonkers, NY | $5,777,434 | $5,238,210 |
Friendly House Inc Worcester, MA | $3,296,125 | $6,043,839 |
Rhode Island Rescue Ministries Providence, RI | $741,664 | $4,494,936 |
National Basketball Players Assoc Foundation New York, NY | $40,266,235 | $3,599,833 |
Bridge Fund Of New York Inc New York, NY | $5,307,792 | $4,504,357 |
Blue Card Inc New York, NY | $3,666,772 | $3,534,542 |
Survival Centers Inc North Amherst, MA | $5,185,676 | $3,479,204 |
Family Legal Care Inc Brooklyn, NY | $2,412,953 | $3,224,747 |
Household Goods Inc Acton, MA | $5,119,123 | $3,641,820 |