Teazey Foundation Inc is located in Buckeystown, MD. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Teazey Foundation 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 12/2023, Teazey Foundation Inc generated $65.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $64.7k during the year ending 12/2023. While expenses have increased by 27.9% per year over the past 3 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROTECT NATIONAL RESOURCES; PROVIDE BASIC NEEDS
Describe the Organization's Program Activity:
Part 3
PROVIDE BASIC NEEDS OF INDIVIDUALS WITHIN A COMMUNITY-GRANTS PROVIDED FOR SHELTER, GENERAL NEEDS, COMMUNITY PANTRIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Zimmerman President | 2 | $0 | |
Jeremy D Krones Director | 1 | $0 | |
Charmaine Peters Director | 1 | $0 | |
Casey Mullaney Director | 1 | $0 | |
Nick Pieniazek Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,500 |
| 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 | $65,500 |
| 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 | $178 |
| Total expenses | $64,678 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,835 |
| Other assets | $0 |
| Total assets | $2,835 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,835 |
Over the last fiscal year, Teazey Foundation Inc has awarded $0 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FEED THE FAMILY PANTRY PURPOSE: PROVIDE FOOD AND SUPPLIES TO NEEDY FAMILIES | $0 |
CENTRAL APP PURPOSE: PROVIDE ASSISTANCE TO STUDENTS TO ACHIEVE CERTIFICATION | $0 |
MORGAN COUNTY HOMELESS COALITION | | | $0 |
ROCKY MOUNTAIN FOLK SCHOOL | | | $0 |