Team Parents Inc
Nonprofit profile at a glance
- EIN
- 042730920
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2017, Form 990-EZ 2024
- Location
- Cherry Valley, MA, USA
- Phone
- 5089621216
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $146,547
- Expenses
- $130,307
- Assets
- $112,396
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- NANCY BERLEY (PRESIDENT)
- NICOLE GLASBERG (PRESIDENT EL)
People named in this filing
- NANCY BERLEY (PRESIDENT)
- HALEY HATHAWAY (VICE PRESIDE)
- BRITTANY WALSH (TREASURER)
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
To promote the physical, mental and character development of boys and girls as well as men and women, by providing such means of recreation, training, education and guidance.
What it reported doing in 2024
Team parents raises money to assist gymnasts in paying fees assoicated with gymnastic competitions such as coaches fees, trainer fees, judges fees and entrance fees. During 2024 team parents assisted around 75 gymnasts in paying fees associated with competitions. Additionally, the organization hosts yearly holiday parties that are open to all gymnasts.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- 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. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 52
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.1%; rating input score 86
- Program expense ratio: 96.8%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.1%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 0.86; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: -1.2% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: 1.1% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 86.1% of revenue deployed · 96.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $126K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2010 to 2024
- Contacts: How to reach this organization
- 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 — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.