Team Addo Inc
Nonprofit profile at a glance
- EIN
- 820774288
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Tampa, FL, USA
- Phone
- 8134777654
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $93,776
- Expenses
- $77,686
- Assets
- $3,350
- Liabilities
- $21,873
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- JAMES BOGGS (PRESIDENTCEO)
- KEVIN FITZSIMMONS (VP)
- STEVEN PAGE (COO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule 0
What it reported doing in 2024
Our veterans programs raised money to suit up over 30 transitioning service members and professional headshots at no cost to them. Team addo engaged in events to help veterans.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 93
- Sustainability: 42
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.5%; rating input score 72
- Program expense ratio: 86.3%; rating input score 86
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 3rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 17.2%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 6.53; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 9.6% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: -1.9% per year; rating input score 0; 32nd percentile among comparable filings
Details
- Where the money goes: 71.5% of revenue deployed · 86.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $67K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.