Nonprofit · EIN 54-1749509
THE TEAM FOUNDATION
Tax-exempt · NEWPORT NEWS, VA 23607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $70,397 | $156,730 | -$86,333 | $612,012 | $0 | $612,012 |
| June 30, 2024 | 990 | $51,976 | $39,189 | $12,787 | $698,345 | $0 | $698,345 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $70,397
- Net gain from sales of assets
- $51,478
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $143,783
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $156,705
- Management and general (functional)
- $25
Balance sheet and other
- Total assets, start of year
- $698,345
- Total assets, end of year
- $612,012
- Total liabilities, end of year
- $0
- Net assets, end of year
- $612,012
- Publicly traded securities
- $551,374
- Gross receipts
- $177,648
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1995
- State of legal domicile
- VA
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID E HUNT | PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 |
| DALE F GOODMAN | DIRECTOR Trustee or director | 1 | $0 |
| JOHN M LUNSFORD | TREASURER/DIRECTOR Trustee or director, Officer | 1 | $0 |
| WILLIAM C SOLOMON | SECRETARY/DIRECTOR Trustee or director, Officer | 1 | $0 |
| SUSAN M MOESLEIN | DIRECTOR Trustee or director | 1 | $0 |
| MARK R MADLER | DIRECTOR Trustee or director | 1 | $0 |
| AMY C ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| WENDY S MYNOYMANY | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM M MULVEY | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID E HUNT | PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 |
| DALE F GOODMAN | DIRECTOR Trustee or director | 1 | $0 |
| JOHN M LUNSFORD | TREASURER/DIRECTOR Trustee or director, Officer | 1 | $0 |
| WILLIAM C SOLOMON | SECRETARY/DIRECTOR Trustee or director, Officer | 1 | $0 |
| SUSAN M MOESLEIN | DIRECTOR Trustee or director | 1 | $0 |
| MARK R MADLER | DIRECTOR Trustee or director | 1 | $0 |
| AMY C ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| WENDY S MYNOYMANY | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM M MULVEY | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6812 RIVER RD, NEWPORT NEWS, VA 23607-1848
- Principal officer (990 for 2024)
- DAVID E HUNT, 207 STONY RIDGE COURT, NEWPORT NEWS, VA 23608
- Signed the 990
- DAVID E HUNT, PRESIDENT
- Phone
- (757) 245-7861
- Return prepared by
- BETH MOORE & ASSOCIATES CPAS
Mission
THE PRIMARY PURPOSE IS TO PROVIDE BENEFITS/SUPPORT TO TRINITY EVANGELICAL LUTHERAN CHURCH AND SCHOOL
Program accomplishments
- ORGANIZATION MAKES MONETARY CONTRIBUTIONS TO TRINITY EVANGELICAL LUTHERAN CHURCH AND SCHOOL FOR THEIR BENEFIT AND SUPPORT.Expenses $156,705 · grants $143,783
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1749509
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30Z)
- Assets (IRS master file)
- $612,012
- Income (IRS master file)
- $177,648
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $70,397 | $156,730 | $612,012 | XML |
| 990 | June 2024 | $51,976 | $39,189 | $698,345 | XML |
| 990 | June 2023 | $36,036 | $53,609 | $685,558 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
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 54-1749509).
Questions about THE TEAM FOUNDATION
- What is the EIN of THE TEAM FOUNDATION?
- The employer identification number (EIN) of THE TEAM FOUNDATION is 54-1749509.
- Is THE TEAM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to THE TEAM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does THE TEAM FOUNDATION 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 THE TEAM FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE TEAM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE TEAM FOUNDATION?
- The 990 for the year ended June 30, 2025 names DAVID E HUNT.
- Who are the officers and directors of THE TEAM FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does THE TEAM FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $70,397, expenses of $156,730 and total assets of $612,012 at year end.
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