Team INC EIN 74-3094030 Form 990 (PDF) Claim this org

Team INC FY2024 filing

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Provides charitable, religious, and educational services to the community. For fiscal year 2024 it reported $59K in revenue, $59K in expenses, and $702K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Port Gibson, MS
Filings
5 on file (2020–2024)
Revenue
$59KFY2024
Expenses
$59K
Net assets
$702K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  74-3094030 Public charity (501(c)(3)) Port Gibson, MS
Form 990 (PDF)
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Size
<$100K
What they do
Provides charitable, religious, and educational services to the community.
Leadership
Oliver Chambli · President
Money in and out
$59K revenue, $59K expenses
Bottom line
40% program efficiency
Where the money goes · FY2024
Total revenue
$59K
Pt VIII · Ln 12
Total expenses
$59K
Pt IX · Ln 25
Net assets
$702K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $512
Where spending went · Part IX cols B–D
Program services $0.40 Management & general $0.29 Fundraising $0.31
Program efficiency
40%
of spending reaches programs
Surplus margin
+0.9%
revenue over expenses, this year
Revenue trend
-3%
avg. annual growth over 5 years

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$59K
FY2024▼ -33%
Expenses
$59K
FY2024▲ +10%
Total assets
$702K
FY2024▼ -2%
Total liabilities
$0
FY2024
Total revenue
$59K
Pt VIII · Ln 12
Total expenses
$59K
Pt IX · Ln 25
Net assets
$702K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$512
Total assetsPt X · Ln 16$702K
Program-expense ratioPt IX · col B40%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $59K of program spending, described in the organization's own filed words · FY2024.
01

Provide charitable, educational and religious purposes

$59Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTeam INC
EINHdr · item D74-3094030
Principal addressHdr · item CPort Gibson, MS
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N70)
Ruling yearIRS BMFJun 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Parlimentian
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$49K · 83%
Contributions & grants$10K · 17%
Other revenue83%$49K
Contributions & grants17%$10K
Total revenueLn 12$59K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.40 Management & general $0.29 Fundraising $0.31
Program services40%$24K
Management & general29%$17K
Fundraising31%$18K
Total functional expensesLn 25$59K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$702K
Total liabilitiesLn 26$0
Total net assetsLn 32$702K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $59K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $24K · Total expenses $59K
40%
Management & General
Management & general $17K · Total expenses $59K
29%
Fundraising
Fundraising $18K · Total expenses $59K
31%
Cost to raise $1
Fundraising expense (2-yr avg) $9K · Solicited contributions (2-yr avg) $13K
$0.70 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $10K · Total revenue $59K
17%
Government reliance
Government grants — · Total revenue $59K
Earned-income share
Program service revenue $0 · Total revenue $59K
0%
Investment reliance
Investment income $0 · Total revenue $59K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $59K
0%
Growth & trend
Revenue growth (YoY)
This year $59K · Prior year $89K
-33%
Revenue CAGR
FY2020 $66K · FY2024 $59K
-3%
Net-asset trend (YoY)
End of year $702K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $59K · Expenses $59K
+0.9%
Liabilities-to-Assets
Total liabilities — · Total assets $702K
Net-asset ratio
Net assets $702K · Total assets $702K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $702K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Oliver Chambli · Reported title President · Highest reported compensation $0 · Total expenses $59K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $59K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 40%
Overhead ratio 29%
Fundraising cost ratio 179%
Revenue growth -33%
Legal fee ratio 3%
Accounting fee ratio 0.4%
Fundraising fee ratio 31%

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 · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$6K

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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
FY2025 (Latest)$80K revenue · ⤓ 990 PDF
FY2024$59K revenue · viewing · ⤓ 990 PDF
FY2023$89K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$53K revenue · ⤓ 990 PDF
FY2020$66K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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