Nonprofit · EIN 27-3173336
T E A M FOUNDATION INC
Tax-exempt · LINCOLNTON, NC 28093
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2026 | 990-EZ | $50,242 | $88,995 | -$38,753 | $55,292 | – | $55,292 |
| April 30, 2025 | 990-EZ | $35,856 | $57,123 | -$21,267 | $94,045 | – | $94,045 |
| April 30, 2024 | 990-EZ | $90,519 | $41,157 | $49,362 | $115,312 | – | $115,312 |
Financial details: 990-EZ for the year ended April 30, 2026
Revenue
- Contributions, gifts and grants
- $18,000
- Investment income
- $41
- Net income from fundraising events
- $32,201
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $88,995
- Program services (functional)
- $88,995
Balance sheet and other
- Total assets, start of year
- $94,045
- Total assets, end of year
- $55,292
- Total liabilities, end of year
- –
- Net assets, end of year
- $55,292
- Cash, savings and investments
- $55,292
- Gross receipts
- $75,958
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended April 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID M BOYD | President | 0 | $0 |
| HUNTER BOYD | Director | 0 | $0 |
| DEBORAH OWENS | Secretary | 0 | $0 |
| DANIEL M BOYD IV | Director | 0 | $0 |
| DANIEL M BOYD III | Director | 0 | $0 |
| DONNA J SCATES | Director | 0 | $0 |
| LARRY DEAN BROWN | Director | 0 | $0 |
| PAM REYNOLDS | Vice President | 0 | $0 |
| DEBBIE OWENS | Secretary | 0 | $0 |
990-EZ for the year ended April 30, 2025: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID M BOYD | President | 0 | $0 |
| HUNTER BOYD | Vice President | 0 | $0 |
| DEBORAH OWENS | Secretary | 0 | $0 |
| DANIEL M BOYD IV | Director | 0 | $0 |
| DANIEL M BOYD III | Director | 0 | $0 |
| DONNA J SCATES | Director | 0 | $0 |
| LARRY DEAN BROWN | Director | 0 | $0 |
990-EZ for the year ended April 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID M BOYD | President | 0 | $0 |
| HUNTER BOYD | Vice President | 0 | $0 |
| DEBORAH OWENS | Secretary | 0 | $0 |
| DANIEL M BOYD IV | Director | 0 | $0 |
| DANIEL M BOYD III | Director | 0 | $0 |
| DONNA J SCATES | Director | 0 | $0 |
| LARRY DEAN BROWN | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 795, LINCOLNTON, NC 28093-0795
- In care of
- % DAVID M BOYD
- Mailing address (990-N for 2020)
- PO Box 795, Lincolnton NC 28093
- Principal officer (990-N for 2020)
- Donna J Scates, 2817 E Hwy 27, Lincolnton NC 28092
- Signed the 990-EZ
- DAVID M BOYD, President
- Phone
- (704) 735-3092
- Return prepared by
- SCATES AND SELLERS CPA PA
Mission
TO SUPPORT LOCAL COMMUNITY SCHOOLS AND CHARITIES THROUGH VARIOUS FUNDRAISING ACTIVIES
Program accomplishments
- ORGANIZATION IS A WAY FOR TIMES OIL CORPORATION TO GIVE BACK TO ITS HOME COMMUNITIES, ENRICHING THE LIVES OF THEIR YOUNG PEOPLE THROUGH SUPPORT OF LOCAL EDUCAITONAL ORGANIZATIONS AND RECREATIONAL OPPORTUNITIES AND TO CONTRIBUTE SUPPORT TO LOCAL CHARITIES.Expenses $88,995
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | 990-EZ on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990-EZ on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-3173336
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $55,292
- Income (IRS master file)
- $75,958
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | April 2026 | $50,242 | $88,995 | $55,292 | XML |
| 990-EZ | April 2025 | $35,856 | $57,123 | $94,045 | XML |
| 990-EZ | April 2024 | $90,519 | $41,157 | $115,312 | XML |
| 990-EZ | April 2023 | – | – | – | IRS |
| 990-EZ | April 2022 | – | – | – | IRS |
| 990-N for 2020 Officer: Donna J Scates | April 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: David M Boyd | April 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3173336).
Questions about T E A M FOUNDATION INC
- What is the EIN of T E A M FOUNDATION INC?
- The employer identification number (EIN) of T E A M FOUNDATION INC is 27-3173336.
- Is T E A M FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to T E A M FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does T E A M FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of T E A M FOUNDATION INC due?
- The return for tax year 2026 (the year ending April 30, 2027) is due September 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did T E A M FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended April 2026.
- Who is the principal officer of T E A M FOUNDATION INC?
- The 990-N for 2020 names Donna J Scates.
- Who are the officers and directors of T E A M FOUNDATION INC?
- The 990-EZ for the year ended April 30, 2026 lists 9 people; 0 received compensation from the organization.
- How much revenue does T E A M FOUNDATION INC have?
- On its 990-EZ for the year ended April 30, 2026 it reported revenue of $50,242, expenses of $88,995 and total assets of $55,292 at year end.
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All nonprofits in LINCOLNTON · North Carolina · Philanthropy, voluntarism and grantmaking foundations