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Nonprofiteer
← TEAM DC INC

Form 990 for tax year 2023

Filed by TEAM DC INC.

Totals

Total revenue
$118,301
Total expenses
$82,708
Contributions and grants received
$55,847
Grants paid
$14,500
Program service revenue
$0
Investment income
$0
Other revenue
$62,454
Total assets, end of year
$98,982
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$98,982
Program services expenses (Part IX)
$63,181
Management and general expenses
$11,813
Fundraising expenses
$7,714
Program service expenses (Part III)
$63,181

Program services were 76.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $55,847

  • 8a · Fundraising events: gross income

    $145,521

  • 8b · Fundraising events: direct expenses

    $83,067

  • 8c · Net income from fundraising events

    total $62,454 · excluded $62,454

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $14,500 · program services $14,500

  • 5 · Compensation of officers, directors and key employees

    total $37,375 · program services $22,425 · management and general $7,475 · fundraising $7,475

  • 11c · Fees: accounting

    total $1,000 · management and general $1,000

  • 11g · Fees: other

    total $1,020 · management and general $1,020

  • 12 · Advertising and promotion

    total $1,072 · program services $1,072

  • 13 · Office expenses

    total $1,951 · program services $1,951

  • 16 · Occupancy

    total $33 · management and general $33

  • 17 · Travel

    total $185 · program services $185

  • 19 · Conferences, conventions and meetings

    total $261 · management and general $261

  • 23 · Insurance

    total $350 · management and general $350

  • 24a · Other expenses: MEMBER TEAM SUPPORT

    total $19,397 · program services $19,397

  • 24b · Other expenses: COMMUNITY SUPPORT & EVE

    total $1,946 · program services $1,946

  • 24c · Other expenses: OTHER

    total $1,913 · management and general $1,674 · fundraising $239

  • 24d · Other expenses: UNIFORMS

    total $1,477 · program services $1,477

  • 24e · All other expenses

    total $228 · program services $228

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $63,115 · end of year $98,982

  • 27 · Net assets without donor restrictions

    beginning of year $34,434 · end of year $77,482

  • 28 · Net assets with donor restrictions

    beginning of year $28,681 · end of year $21,500

Mission and programs · 2023

Mission

TEAM DC SERVES AS AN AMATEUR ATHLETIC ASSOCIATION WITH THE GOALS OF FOSTERING GREATER PARTICIPATION IN NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION BY THE LGBT COMMUNITY. IT ENDOWS AND GRANTS PERIODIC SCHOLARSHIPS TO LGBT STUDENT-ATHLETES PURSUING POST-SECONDARY EDUCATION. TEAM DC ALSO EDUCATES THE COMMUNITY AT LARGE ON THE ACHIEVEMENTS OF LGBT ATHLETES, SEEKING TO ELIMINATE ANIMUS, PREJUDICE AND DISCRIMINATION DIRECTED AGAINST LGBT PEOPLE AND AGAINST THEIR PARTICIPATION IN SPORTS. AND TEAM DC CONFERS GRANTS AND STIPENDS TO LGBT TEAMS SEEKING TO PREPARE AND COMPETE IN NATIONAL OR INTERNATIONAL AMATEUR SPORTS COMPETITIONS.

  • SCHOLARSHIPS

    Expenses $14,500 · Grants $14,500

  • TEAM DC PROVIDED DIRECT FINANCIAL SUPPORT TO LOCAL TEAMS THROUGHOUT THE YEAR FOR PARTICIPATING IN PROMOTIONAL COMMUNITY EVENTS, SUCH AS NIGHT OUT EVENTS, AND THE PRIDE FESTIVAL BEER GARDEN.

    Expenses $19,397

  • Expenses $29,284

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Miguel Ayala

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Grace Thompson

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Mike Walker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Gabriel Hernandez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Charles Roth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Patrick Woods

    TREASURER

    Total calculated
    $0
    Hours/week
    15

  • Aaron Fischbach

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Ciara Lascano

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Kevin Barnett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.1
Source object
202413129349301886

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