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Nonprofiteer
← TEAM IMPACT

Form 990 for tax year 2022

Filed by TEAM IMPACT.

Totals

Total revenue
$7,379,504
Total expenses
$8,636,291
Contributions and grants received
$8,422,599
Grants paid
$48,223
Program service revenue
$0
Investment income
$5,606
Other revenue
-$1,048,701
Total assets, end of year
$5,689,853
Total liabilities, end of year
$935,356
Net assets or fund balances, end of year
$4,754,497
Program services expenses (Part IX)
$7,211,508
Management and general expenses
$542,536
Fundraising expenses
$882,247
Program service expenses (Part III)
$7,211,508

Program services were 83.5% 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.

  • 1c · Fundraising events

    $3,729,792

  • 1e · Government grants (contributions)

    $89,158

  • 1f · All other contributions, gifts and grants

    $4,603,649

  • 1g · Noncash contributions included above

    $1,372,269

  • 3 · Investment income

    total $5,606 · excluded $5,606

  • 8a · Fundraising events: gross income

    $80,740

  • 8a · Fundraising events: contributions included on line 1c

    $3,729,792

  • 8b · Fundraising events: direct expenses

    $1,147,477

  • 8c · Net income from fundraising events

    total -$1,066,737 · excluded -$1,066,737

  • 11a · Other revenue: OTHER INCOME - REFUNDS AND AMEX P

    total $18,036 · excluded $18,036

  • 11e · Other revenue, total

    $18,036

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $48,223 · program services $48,223

  • 5 · Compensation of officers, directors and key employees

    total $1,499,870 · program services $1,256,951 · management and general $23,233 · fundraising $219,686

  • 7 · Other salaries and wages

    total $3,105,010 · program services $2,509,554 · management and general $238,349 · fundraising $357,107

  • 8 · Pension plan contributions

    total $53,945 · program services $42,597 · management and general $4,388 · fundraising $6,960

  • 9 · Other employee benefits

    total $518,212 · program services $433,943 · management and general $37,216 · fundraising $47,053

  • 10 · Payroll taxes

    total $393,980 · program services $325,955 · management and general $23,770 · fundraising $44,255

  • 11b · Fees: legal

    total $100 · management and general $100

  • 11c · Fees: accounting

    total $75,820 · management and general $75,820

  • 11g · Fees: other

    total $264,495 · program services $212,276 · management and general $32,301 · fundraising $19,918

  • 12 · Advertising and promotion

    total $1,472,819 · program services $1,441,730 · management and general $8,186 · fundraising $22,903

  • 13 · Office expenses

    total $171,737 · program services $97,710 · management and general $28,861 · fundraising $45,166

  • 14 · Information technology

    total $27,800 · program services $18,713 · management and general $9,087

  • 16 · Occupancy

    total $264,011 · program services $217,434 · management and general $26,431 · fundraising $20,146

  • 17 · Travel

    total $205,219 · program services $113,786 · management and general $14,949 · fundraising $76,484

  • 20 · Interest

    total $540 · management and general $540

  • 22 · Depreciation, depletion and amortization

    total $86,962 · program services $71,309 · management and general $8,696 · fundraising $6,957

  • 23 · Insurance

    total $20,422 · program services $20,016 · fundraising $406

  • 24a · Other expenses: CASE MANAGEMENT

    total $328,473 · program services $328,473

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $56,764 · program services $30,949 · management and general $10,609 · fundraising $15,206

  • 24c · Other expenses: EVENTS

    total $41,889 · program services $41,889

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,206,584 · end of year $3,603,118

  • 2 · Savings and temporary cash investments

    beginning of year $358,685 · end of year $410,121

  • 3 · Pledges and grants receivable

    beginning of year $1,361,385 · end of year $825,319

  • 9 · Prepaid expenses and deferred charges

    beginning of year $67,614 · end of year $65,729

  • 10a · Land, buildings and equipment: cost or other basis

    $662,118

  • 10b · Land, buildings and equipment: accumulated depreciation

    $377,634

  • 10c · Land, buildings and equipment, net

    beginning of year $371,447 · end of year $284,484

  • 14 · Intangible assets

    beginning of year $0 · end of year $501,082

  • 17 · Accounts payable and accrued expenses

    beginning of year $313,568 · end of year $395,403

  • 25 · Other liabilities

    beginning of year $39,287 · end of year $539,953

  • 27 · Net assets without donor restrictions

    beginning of year $4,087,408 · end of year $3,770,971

  • 28 · Net assets with donor restrictions

    beginning of year $1,925,452 · end of year $983,526

Mission and programs · 2022

Mission

TEAM IMPACT IS THE ONLY U.S. NONPROFIT THAT TACKLES THE EMOTIONAL TRAUMA AND SOCIAL ISOLATION EXPERIENCED BY CHILDREN FACING SERIOUS AND CHRONIC ILLNESSES BY MATCHING THEM WITH A COLLEGE ATHLETIC TEAM. BECAUSE NO CHILD SHOULD BE SIDELINED BY SICKNESS.

Activities or mission (Part I)

TEAM IMPACT IS THE ONLY U.S. NONPROFIT THAT TACKLES THE EMOTIONAL TRAUMA AND SOCIAL ISOLATION EXPERIENCED BY CHILDREN FACING SERIOUS AND CHRONIC ILLNESSES BY MATCHING THEM WITH A COLLEGE ATHLETIC TEAM. OUR TWO-YEAR THERAPEUTIC PROGRAM COMPLEMENTS A CHILD'S MEDICAL TREATMENTS, ALLOWING THE CHILD TO DEVELOP RELATIONSHIPS AND SKILLS THAT HELP THEM COMPLETE THE FULL CIRCLE OF HEALING.THROUGH PARTICIPATION IN TEAM IMPACT'S CLINICALLY INFORMED PROGRAM, CHILDREN EXPERIENCE A TRUE SENSE OF BELONGING, RESULTING IN INCREASED EMPOWERMENT, NORMALIZATION, HEALTH PROMOTION, AND RESILIENCE. FAMILIES FEEL CONNECTED AND SUPPORTED AS THEIR CHILD ACHIEVES INDIVIDUALIZED GOALS, WHILE EXPERIENCING THE JOY OF TEAM CAMARADERIE AND INCLUSION; AND STUDENT ATHLETES GAIN PERSPECTIVE AND INSPIRATION, AS WELL AS LESSONS IN ADVERSITY AND RESILIENCE.

  • EXPENSES ABOVE RELATED TO THE IDENTIFICATION AND EDUCATION OF THE MEDICAL AND COLLEGE ATHLETIC COMMUNITIES ABOUT THE BENEFIT OF THE PROGRAM TO THE CHILDREN AND STUDENT ATHLETES, AS WELL AS THE PARTICIPANT CASE MANAGEMENT PROCESS. DURING 2022, TEAM IMPACT MADE 440 NEW MATCHES, WHICH ADDED 440 NEW FAMILIES TO OUR GROWING ROSTER. THESE NEW MATCHES CULMINATED IN MORE THAN 1,000 ACTIVE MATCHES IN OUR PROGRAM DURING THE 2022 CALENDAR YEAR, ALLOWING US TO REACH APPROXIMATELY 25,000 STUDENT ATHLETES IN 2022 ALONE. FOUNDED IN 2011, TEAM IMPACT HAS MATCHED OVER 3,000 CHILDREN SINCE ITS INCEPTION THROUGH THE END OF 2022, PARTNERING WITH ALMOST 700 COLLEGES AND UNIVERSITIES ACROSS 50 STATES, AND IMPACTING MORE THAN 75,000 STUDENT ATHLETES.

    Expenses $7,211,508 · Grants $48,223

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • KRIS HERMAN

    DIRECTOR (THRU JUNE 2022)

    Total calculated
    $0
    Hours/week
    2

  • DAN WALSH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JAY CALNAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • TIM KELLY

    DIRECTOR/ TREASURER (THRU JUNE 2022)

    Total calculated
    $0
    Hours/week
    6

  • DANIEL KRAFT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • KRISTIN GIARRUSSO

    DIRECTOR/CHAIR

    Total calculated
    $0
    Hours/week
    6

  • JOSH GOLD

    DIRECTOR/VICE-CHAIR

    Total calculated
    $0
    Hours/week
    4

  • CHUCK DOYLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MATTHEW DANIELS

    DIRECTOR (THRU JUNE 2022)

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL JOSEPHSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • STEVEN ELLIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DENNIS BALDWIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ROBERT COUGHLIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL CROWE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SOL KUMIN

    DIRECTOR/CLERK

    Total calculated
    $0
    Hours/week
    4

  • AMIT SACHDEV

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MICHELE LLOYD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TRACEY BENFORD

    DIRECTOR/TREASURER

    Total calculated
    $0
    Hours/week
    6

  • DAMON EVANS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BOB DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • PAM HAMLIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TED PAPPENDICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ALLI TUFFUOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MATT VERROCHI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • COLE GAHAGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ALICIA TRANEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SETH ROSENZWEIG

    CEO/PRESIDENT

    Total calculated
    $464,658
    From this org
    $425,000
    From related orgs
    $0
    Other
    $39,658
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $300,000
    Bonus
    $125,000
    Other
    $0
    Deferred
    $9,000
    Nontaxable benefits
    $30,658
    Filer's total
    $464,658

  • CAELI ELIZABETH SULLIVAN

    NATIONAL DIRECTOR OF MARKE

    Total calculated
    $219,807
    From this org
    $205,000
    From related orgs
    $0
    Other
    $14,807
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,000
    Bonus
    $10,000
    Other
    $0
    Deferred
    $5,175
    Nontaxable benefits
    $9,632
    Filer's total
    $219,807

  • SHANNA GERSHMAN

    CHIEF REVENUE OFFICER

    Total calculated
    $205,160
    From this org
    $199,869
    From related orgs
    $0
    Other
    $5,291
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,869
    Bonus
    $10,000
    Other
    $0
    Deferred
    $2,298
    Nontaxable benefits
    $2,993
    Filer's total
    $205,160

  • RYAN IRWIN

    REGIONAL EXECUTIVE DIRECTOR

    Total calculated
    $224,408
    From this org
    $192,654
    From related orgs
    $0
    Other
    $31,754
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,654
    Bonus
    $5,000
    Other
    $0
    Deferred
    $5,647
    Nontaxable benefits
    $26,107
    Filer's total
    $224,408

  • BRENDAN SULLIVAN

    CHIEF OPERATING OFFICER

    Total calculated
    $199,170
    From this org
    $168,596
    From related orgs
    $0
    Other
    $30,574
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,596
    Bonus
    $10,000
    Other
    $0
    Deferred
    $4,793
    Nontaxable benefits
    $25,781
    Filer's total
    $199,170

  • SARAH SAPIRO

    REGIONAL EXECUTIVE DIRECTOR

    Total calculated
    $182,822
    From this org
    $153,000
    From related orgs
    $0
    Other
    $29,822
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,000
    Bonus
    $3,000
    Other
    $0
    Deferred
    $3,115
    Nontaxable benefits
    $26,707
    Filer's total
    $182,822

  • AMY VANRYN

    NATIONAL DIRECTOR OF PROGR

    Total calculated
    $174,873
    From this org
    $145,048
    From related orgs
    $0
    Other
    $29,825
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,048
    Bonus
    $10,000
    Other
    $0
    Deferred
    $4,054
    Nontaxable benefits
    $25,771
    Filer's total
    $174,873

  • PATRICK MADDIGAN

    GENERAL COUNSEL

    Total calculated
    $137,824
    From this org
    $133,838
    From related orgs
    $0
    Other
    $3,986
    Hours/week
    40

  • JOSH WALKER

    REGIONAL EXECUTIVE DIRECTOR

    Total calculated
    $178,941
    From this org
    $148,750
    From related orgs
    $0
    Other
    $30,191
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,750
    Bonus
    $3,000
    Other
    $0
    Deferred
    $4,376
    Nontaxable benefits
    $25,815
    Filer's total
    $178,941

  • KEVIN FLYNN

    NATIONAL DIRECTOR OF REGIO

    Total calculated
    $142,000
    From this org
    $137,404
    From related orgs
    $0
    Other
    $4,596
    Hours/week
    40

  • ALEXIS RANDALL

    REGIONAL EXECUTIVE DIRECTOR

    Total calculated
    $160,351
    From this org
    $133,000
    From related orgs
    $0
    Other
    $27,351
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,000
    Bonus
    $3,000
    Other
    $0
    Deferred
    $750
    Nontaxable benefits
    $26,601
    Filer's total
    $160,351

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
PATRICK MADDIGAN SERVERANCE PAYMENT OF $16,500 FOR YEARS SERVED TO THE ORGANIZATION.
PART I, LINE 7
SETH ROSENZWEIG WAS PAID A $125,000 BONUS IN 2022. THE BONUS WAS DETERMINED BY THE BOARD OF DIRECTORS AND IS BASED ON OVERALL PROGRAMMATIC AND ORGANIZATIONAL GROWTH AND SUCCESSES DURING 2022. BONUS PAYMENTS FOR REMAINING KEY EMPLOYEES WERE DETERMINED BY THE CEO AND EXECUTIVE TEAM AND WERE BASED ON INDIVIDUAL PERFORMANCE AND SUCCESS AGAINST STATED GOALS IN THEIR PERFORMANCE MANAGEMENT PLAN AS WELL AS CONTRIBUTIONS TO THE ORGANIZATION'S OVERALL ACHIEVEMENTS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
27 October 2023
IRS schema version
2022v5.0
Source object
202333199349309918

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