Team Cmmd Foundation FY2021 filing

Tax-deductible

Exton, PA501(c)(3)Foundations & GrantmakersEIN 46-5739387

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Team CMMD Foundation is a not-for-profit charity of volunteers, runners, walkers & cyclists working together for those fighting cancer in our community and beyond.

501(c)(3) charity; gifts are tax-deductible.
45¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $5K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
45%
of spending
Concern: 45% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
26 mo
of spending, in cash
Looks good: 26.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $10K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$297
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$122K
-41% vs prior year
Spent
$59K
To programs
45%
Net assets
$283K
By yearFY2020–FY2024
Revenue
$122K
FY2021▼ -41%
Revenue by fiscal year
FY2020$208K
FY2021$122K
FY2022$38K
FY2023$80K
FY2024$37K
Expenses
$59K
FY2021▼ -70%
Expenses by fiscal year
FY2020$195K
FY2021$59K
FY2022$53K
FY2023$77K
FY2024$77K
Net assets
$283K
FY2021▲ +30%
Net assets by fiscal year
FY2020$218K
FY2021$283K
FY2022$250K
FY2023$289K
FY2024$262K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

45 cents of each dollar spent went to programs.

Program services 45% · $26K Management & general 55% · $33K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Team Cmmd Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Mobilizing volunteers and athletes to support cancer patients in the community and beyond.

Provided by the organization

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3 program services account for $26K of program spending, described in the organization's own filed words · FY2021.
01

Team CMMD Foundation provides monetary support to families dealing with the financial and emotional impact of cancer. The funds are used to assist with medical expenses and other household costs. Included in the financial assistance is a $5,000 annual scholarship to a student attending a college or university.

$22Kprogram expense
02

The Foundation organizes community events to bring supporters and cancer patients together to promote the mission statement of the Foundation. The goal is to show support as team to help those suffering from cancer.

$2Kprogram expense
03

The Foundation holds several races throughout the year to build comradery among supporters. The Foundation was formed to help those impacted by cancer by running together to show thier support as a team.

$1Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$10K
Grants paid · 6 grants · $261K · 2020–2024
Unitemized GrantFY2024$47,000
Unitemized GrantFY2023$35,945
Unitemized GrantFY2022$29,000
Unitemized GrantFY2021$22,500
Unitemized GrantFY2020$107,283
American Cancer Society INCGA · FY2020$18,900

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$122K
Ln 12
Gifts and grantsLn 1h$112K
Investment incomeLn 3$10K
Money outPt IX
$59K
Ln 25
Programscol B$26K
Managementcol C$33K
Owns and owesPt X
$283K
net assets · Ln 32
Cash and savingsLn 1–2$129K
Total assetsLn 16$284K
LiabilitiesLn 26$297
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$112K
Fundraising eventsLn 1c$63K
Investment incomeLn 3$10K
Gains on assetsLn 7$2K
Total revenueLn 12$122K
Assets in detailPt X, end of year
CashLn 1$129K
Cash and savings togetherLn 1–2$129K
InvestmentsLn 11–13$153K
Total assetsLn 16$284K
LiabilitiesLn 26$297
Net assetsLn 32$283K
OperationsPt I, VI
EmployeesI 51
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$88K$129K
InvestmentsLn 11–13$144K$153K
Total assetsLn 16$233K$284K
LiabilitiesLn 26$15K$297
Net assetsLn 32$218K$283K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$22K$22K
Other salaries and wagesLn 7$7K$0$7K$0
Payroll taxesLn 10$813$0$813$0
Accounting feesLn 11c$10K$0$10K$0
Investment management feesLn 11f$2K$0$2K$0
Office expensesLn 13$7K$0$7K$0
InsuranceLn 23$2K$0$2K$0
Other expenses (24a–d)Ln 24$8K$4K$4K$0
Total functional expensesLn 25$59K$26K$33K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $37K$77K−$40K$262K 990 PDF
FY2023 $80K$77K$2K$289K 990 PDF
FY2022 $38K$53K−$15K$250K 990 PDF
FY2021 Viewing $122K$59K$63K$283K 990 PDF
FY2020 $208K$195K$13K$218K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $121,888 across 7 lines filed
VIII-1c Fundraising events$62,950
VIII-1f All other contributions, gifts and grants$49,126
VIII-1h Total contributions, gifts and grants$112,076
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $7,330$7,330
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $2,482$2,482
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $9,812$121,888
Part IX · Statement of functional expenses $58,589 across 8 lines filed
IX-2 Grants to domestic individualsPrograms $22,500$22,500
IX-7 Other salaries and wagesPrograms $0 · Management $6,960 · Fundraising $0$6,960
IX-10 Payroll taxesPrograms $0 · Management $813 · Fundraising $0$813
IX-11c Accounting feesPrograms $0 · Management $9,742 · Fundraising $0$9,742
IX-11f Investment management feesPrograms $0 · Management $1,533 · Fundraising $0$1,533
IX-13 Office expensesPrograms $0 · Management $7,286 · Fundraising $0$7,286
IX-23 InsurancePrograms $0 · Management $1,879 · Fundraising $0$1,879
IX-24 Other expenses (24a–d)Programs $3,581 · Management $4,295 · Fundraising $0$7,876
IX-25 Total functional expensesPrograms $26,081 · Management $32,508 · Fundraising $0$58,589
Part X · Balance sheet $283,505 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $87,665$129,227
X-9 Prepaid expenses and deferred chargesStart of year $1,043$1,367
X-11 Publicly traded securitiesStart of year $143,957$152,911
X-16 Total assetsStart of year $232,665$283,505
X-17 Accounts payable and accrued expensesStart of year $410$297
X-25 Other liabilitiesStart of year $14,600$0
X-26 Total liabilitiesStart of year $15,010$297
X-27 Net assets without donor restrictionsStart of year $217,655$283,208
X-32 Total net assets or fund balancesStart of year $217,655$283,208
X-33 Total liabilities and net assetsStart of year $232,665$283,505
Part XI · Reconciliation of net assets $283,208 net assets at year end
XI-1 Total revenue$121,888
XI-2 Total expenses$58,589
XI-3 Revenue less expenses$63,299
XI-4 Net assets at start of year$217,655
XI-5 Net unrealized gains (losses) on investments$2,254
XI-10 Net assets at end of year$283,208

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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