philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Team Hla INC FY2020 filing

Tax-deductible

Lambertville, NJ501(c)(3)Recreation & SportsEIN 84-3199177Revenue $56K in FY2020

On file with the IRShla-foundation.com201 S Main St Ste 6, 08530-1800 · Lambertville, NJTax-exempt since Oct 2019Publicly supported — 509(a)(2)

Tell your story. Claim this org

The purpose of Team Hla, INC, in conjuction with the Hla foundation, is to support, expand, promote, and engage in inspiring young girls and women through sport and lacross with a positive and constructive atmosphere.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
0 of 5
filings with a surplus
Average deficit $8K a year · 20% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$33K
×27 of total assets
Concern: liabilities are 2700% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$56K
Spent
$96K
To programs
87%
Net assets
−$32K
By yearFY2020–FY2024
Revenue
$56K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$56K
FY2021$133K
FY2022$7K
FY2023$2K
FY2024$2K
Expenses
$96K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$96K
FY2021$134K
FY2022$7K
FY2023$2K
FY2024$2K
Net assets
−$32K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$32K
FY2021−$33K
FY2022−$33K
FY2023−$33K
FY2024−$33K

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 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 Oct 2019.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $83K Management & general 13% · $13K

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

Something off? Claim to fix it

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Sean Albert
Executive Di
$0Pt VII · Sec A
See Team Hla INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Inspires young girls and women through sport and lacrosse, fostering a positive atmosphere.

Questions for Team Hla INC

Tap to ask. Team Hla INC sees how many people are interested.

Your first name shows with your question. Team Hla INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $83K · in their own filed words · FY2020
01

The organzaiotn was on standby with the hope of playing in TOURNAMENTS/EVENTS which were eventually canceled with little notice. With the organization's long-standing traditions and relationships, team hla honored and paid tournament fees,sponsorships, and donations for 2020 and prepared for 2021.

$83Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Heather Leigh Albert Memorial FoundationFY2024$1K
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$56K
Ln 12
Gifts and grantsLn 1h$52K
Other incomeLn 4–11$4K
Money outPt IX
$96K
Ln 25
Programscol B$83K
Managementcol C$13K
Owns and owesPt X
−$32K
net assets · Ln 32
Cash and savingsLn 1–2$1K
Total assetsLn 16$1K
LiabilitiesLn 26$33K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$52K
Other incomeLn 4–11$4K
Total revenueLn 12$56K
Assets in detailPt X, end of year
CashLn 1$1K
Cash and savings togetherLn 1–2$1K
Total assetsLn 16$1K
LiabilitiesLn 26$33K
Net assetsLn 32−$32K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$8K$1K
Total assetsLn 16$8K$1K
LiabilitiesLn 26$0$33K
Net assetsLn 32$8K−$32K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$5K$5K
Information technologyLn 14$2K$2K
TravelLn 17$5K$5K
Conferences, conventions and meetingsLn 19$11K$11K
Payments to affiliatesLn 21$2K$2K
Other expenses (24a–d)Ln 24$66K$65K$952
Total functional expensesLn 25$96K$83K$13K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2K$2K−$84−$33K 990 PDF
FY2023 $2K$2K−$60−$33K 990 PDF
FY2022 $7K$7K−$275−$33K 990 PDF
FY2021 $133K$134K−$914−$33K 990 PDF
FY2020 Viewing $56K$96K−$39K−$32K 990 PDF

More to add? Claim this org

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 FY2020 990 (6 parts)
Part I · Summary $56,215 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $202,250$52,215
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$4,000
I-12 Total revenuePrior year $202,250$56,215
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $194,414$95,687
I-18 Total expensesPrior year $194,414$95,687
I-19 Revenue less expensesPrior year $7,836−$39,472
Part VI · Governance 0 of 3 board members independent, 5 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $56,215 across 4 lines filed
VIII-1d Related organizations$52,215
VIII-1h Total contributions, gifts and grants$52,215
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,000$4,000
VIII-12 Total revenueRelated to mission $4,000$56,215
Part IX · Statement of functional expenses $95,687 across 7 lines filed
IX-12 Advertising and promotionManagement $5,026$5,026
IX-13 Office expensesManagement $5,004$5,004
IX-14 Information technologyManagement $1,627$1,627
IX-17 TravelPrograms $5,086$5,086
IX-19 Conferences, conventions and meetingsPrograms $10,990$10,990
IX-21 Payments to affiliatesPrograms $1,507$1,507
IX-24 Other expenses (24a–d)Programs $65,495 · Management $952$66,447
IX-25 Total functional expensesPrograms $83,078 · Management $12,609 · Fundraising $0$95,687
Part X · Balance sheet $1,264 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $7,836$1,264
X-16 Total assetsStart of year $7,836$1,264
X-24 Unsecured notes and loans payable$32,900
X-26 Total liabilitiesStart of year $0$32,900
X-27 Net assets without donor restrictionsStart of year $7,836−$31,636
X-32 Total net assets or fund balancesStart of year $7,836−$31,636
X-33 Total liabilities and net assetsStart of year $7,836$1,264
Part XI · Reconciliation of net assets −$31,636 net assets at year end
XI-1 Total revenue$56,215
XI-2 Total expenses$95,687
XI-3 Revenue less expenses−$39,472
XI-4 Net assets at start of year$7,836
XI-10 Net assets at end of year−$31,636

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.