Team Type 1 INC EIN 36-4570020 Form 990 (PDF) Claim this org

Team Type 1 INC FY2021 filing

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Educate, empower, and ensure equal access to fight for the right to live globally. For fiscal year 2021 it reported $322K in revenue, $168K in expenses, and $192K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Atlanta, GA
Website
www.teamtype1.org
Filings
5 on file (2020–2021)
Revenue
$322KFY2021
Expenses
$168K
Net assets
$192K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  36-4570020 Public foundation / grantmaker Atlanta, GA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Educate, empower, and ensure equal access to fight for the right to live globally.
Leadership
Christopher Bell · Treasurer/Di
Money in and out
$322K revenue, $168K expenses
Bottom line
71% program efficiency
Grants paid & assets · FY2021
Total revenue
$322K
Pt VIII · Ln 12
Total expenses
$168K
Pt IX · Ln 25
Net assets
$192K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $155K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.08 Fundraising $0.21
Program efficiency
71%
of spending reaches programs
Operating runway
18.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+48%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$322K
FY2021▲ +78%
Expenses
$168K
FY2021▲ +7%
Total assets
$274K
FY2021▲ +128%
Total liabilities
$82K
FY2021▲ +8%
Total revenue
$322K
Pt VIII · Ln 12
Total expenses
$168K
Pt IX · Ln 25
Net assets
$192K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$155K
Total assetsPt X · Ln 16$274K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTeam Type 1 INC
EINHdr · item D36-4570020
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jwww.teamtype1.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFMay 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer/Di
$0Pt VII · Sec A
Secretary/Di
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President/Di
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $118K of program spending, described in the organization's own filed words · FY2021.
01

The Organization Has Two Primary Programs

1. Providing educational scholarships for young athletes with type 1 diabetes, and having those athletes serve as spokespersons to further achieve the organization's goals. 2. Collaborating with governments by consulting with local, state, and national health ministries to ensure access to needed supplies (I.E.GLUCOSE monitoring devices…

$118Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$299K · 93%
Other revenue$23K · 7%
Contributions & grants93%$299K
Other revenue7%$23K
Total revenueLn 12$322K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.08 Fundraising $0.21
Program services71%$118K
Management & general8%$13K
Fundraising21%$36K
Total functional expensesLn 25$168K

Balance Sheet

Part X · end of year
CashLn 1$254K
Total assetsLn 16$274K
Total liabilitiesLn 26$82K
Total net assetsLn 32$192K
Months of cash on handcomputed18.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $254K · Operating expenses/yr $168K
18.2 months
Where the money goes
Program services
Program services $118K · Total expenses $168K
71%
Management & General
Management & general $13K · Total expenses $168K
8%
Fundraising
Fundraising $36K · Total expenses $168K
21%
Cost to raise $1
Fundraising expense (2-yr avg) $30K · Solicited contributions (2-yr avg) $228K
$0.13 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $299K · Total revenue $322K
93%
Government reliance
Government grants — · Total revenue $322K
Earned-income share
Program service revenue $0 · Total revenue $322K
0%
Investment reliance
Investment income $0 · Total revenue $322K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $168K
0%
Growth & trend
Revenue growth (YoY)
This year $322K · Prior year $182K
+78%
Net-asset trend (YoY)
End of year $192K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $322K · Expenses $168K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $274K
Net-asset ratio
Net assets $192K · Total assets $274K
70%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $274K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Christopher Bell · Reported title TREASURER/DI · Highest reported compensation $0 · Total expenses $168K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $31K · Total expenses $168K
19%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 8%
Fundraising cost ratio 12%
Revenue growth 78%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$88
Grants paid · 4 grants · $170K · 2020–2024
Unitemized GrantFY2024$47,500
Unitemized GrantFY2023$35,000
Unitemized GrantFY2022$42,500
Unitemized GrantFY2020$45,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$154K revenue · ⤓ 990 PDF
FY2023$164K revenue · ⤓ 990 PDF
FY2022$122K revenue · ⤓ 990 PDF
FY2021$322K revenue · viewing · ⤓ 990 PDF
FY2020$182K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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