Team Impact Inc

Nonprofit profile at a glance

EIN
451837673
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Quincy, MA, USA
Phone
6178010248
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Voluntarism Promotion

Reported finances

Revenue
$9,270,525
Expenses
$12,180,729
Assets
$2,126,797
Liabilities
$483,325

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

36 people listed

Executive titles in this filing

  • SETH ROSENZWEIG (CEO/PRESIDENT (THRU 7/24))
  • JOSEPH CARL DANIELS (CEO/PRESIDENT (EFF. 4/2024))
  • JOSH WALKER (REGIONAL EXECUTIVE DIRECTOR)
  • COURTNEY LYNNY ECHOLS (REGIONAL EXECUTIVE DIRECTOR)
  • ALEXIS L MORGAN RANDALL (REGIONAL EXECUTIVE DIRECTOR)
  • SARAH SAPIRO (REGIONAL EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOSEPH CARL DANIELS (CEO/PRESIDENT (EFF. 4/2024)): $376,714 total reported compensation
  • SETH ROSENZWEIG (CEO/PRESIDENT (THRU 7/24)): $277,703 total reported compensation
  • RYAN IRWIN (REGIONAL EXECUTIVE DIR.): $252,568 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Team impact is the only u.s. Nonprofit that tackles the emotional trauma and social isolation experienced by children facing serious and chronic illnesses by matching them with a college athletic team. Because no child should be sidelined by sickness.

What it reported doing in 2024

Expenses above related to the identification and education of the medical and college athletic communities about the benefit of the program to the children and student athletes, as well as the participant case management process. During 2024, team impact made 539 new matches, which added 539 new families to our growing roster. These new matches culminated in more than 1,200 active matches in our program during the 2024 calendar year, allowing us to reach approximately 30,000 student-athletes in 2024 alone.founded in 2011, team impact has matched over 4,000 children since inception through the end of 2024, partnering with more than 700 colleges and universities across 50 states, and impacting more than 100,000 student-athletes.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 83
  • Accountability: 100
  • Sustainability: 9
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 84%; rating input score 84
  • Fundraising efficiency: $7.96 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -31.4%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 23.9%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 22.5% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 18.9% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 17.4% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 84% of spending went to programs
  • Governance: 20 of 20 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $10.2M in reported program spending
  • Leadership: top reported pay $377K · 36 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $676K reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 14 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.