Team First Inc
EIN: 275273049 · Brooklyn, NY · NTEE: N20
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.8M |
| Net Assets | $165K |
Is Team First Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Team First Inc
Team First Inc (EIN: 275273049) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code N20. The organization reported total revenue of $3.0M and total assets of $411K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Team First Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Team First Inc is a mid-size nonprofit that has been operating for 11 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 47.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-142,887 |
| Total Assets | $462K |
| Total Liabilities | $297K |
| Net Assets | $165K |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 64.3% |
| Months of Reserves | 1.9 months |
Financial Health Grade: D
In 2023, Team First Inc reported a deficit of $143K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 64.3% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Team First Inc's revenue has grown at a compound annual growth rate (CAGR) of 47.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.9% | +5.2% | -18.1% |
| 2022 | -11.9% | +5.6% | +11.8% |
| 2021 | +98.5% | +69.0% | +90.7% |
| 2020 | -21.7% | -29.9% | -24.3% |
| 2019 | -11.1% | -0.2% | +81.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Team First Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Team First Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $143K, with expenses exceeding revenue.
- Debt-to-asset ratio: 64.3%.
Frequently Asked Questions about Team First Inc
Is Team First Inc a legitimate charity?
Team First Inc (EIN: 275273049) is a registered tax-exempt nonprofit based in New York. It has 12 years of IRS 990 filings on record. Total revenue: $3.0M. No red flags identified. Financial health grade: D.
How does Team First Inc spend its money?
Team First Inc reported $3.0M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Team First Inc tax-deductible?
Team First Inc is registered as a tax-exempt nonprofit (EIN: 275273049). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Team First Inc located?
Team First Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 275273049. It is classified under NTEE code N20.
How many years of IRS 990 filings does Team First Inc have?
Team First Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.0M in total revenue.
Filing History
IRS 990 filing history for Team First Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Team First Inc's revenue has grown by 6974.1%, moving from $38K to $2.7M. Total assets increased by 82170.6% over the same period, from $562 to $462K. Total functional expenses rose by 7053%, from $40K to $2.8M. In its most recent filing year (2023), Team First Inc reported a deficit of $143K, with expenses exceeding revenue. The organization holds $297K in liabilities against $462K in assets (debt-to-asset ratio: 64.3%), resulting in net assets of $165K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.8M | $462K | $297K | — | — |
| 2022 | $2.7M | $2.7M | $565K | $257K | — | View 990 |
| 2021 | $3.0M | $2.6M | $505K | $144K | — | View 990 |
| 2020 | $1.5M | $1.5M | $265K | $351K | — | View 990 |
| 2019 | $1.9M | $2.2M | $350K | $436K | — | View 990 |
| 2018 | $2.2M | $2.2M | $193K | $161K | — | View 990 |
| 2017 | $746K | $742K | $49K | $26K | — | View 990 |
| 2016 | $659K | $669K | $31K | $11K | — | View 990 |
| 2015 | $310K | $286K | $34K | $4K | — | View 990 |
| 2014 | $113K | $122K | $6K | $0 | — | — |
| 2013 | $52K | $39K | $14K | $0 | — | — |
| 2012 | $38K | $40K | $562 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.8M, and assets of $462K (revenue +1.9% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.7M, and assets of $565K (revenue -11.9% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.6M, and assets of $505K (revenue +98.5% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.5M, and assets of $265K (revenue -21.7% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.2M, and assets of $350K (revenue -11.1% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.2M, and assets of $193K (revenue +192.3% year-over-year).
- 2017: Revenue of $746K, expenses of $742K, and assets of $49K (revenue +13.1% year-over-year).
- 2016: Revenue of $659K, expenses of $669K, and assets of $31K (revenue +112.7% year-over-year).
- 2015: Revenue of $310K, expenses of $286K, and assets of $34K (revenue +173.5% year-over-year).
- 2014: Revenue of $113K, expenses of $122K, and assets of $6K (revenue +117.7% year-over-year).
- 2013: Revenue of $52K, expenses of $39K, and assets of $14K (revenue +36.1% year-over-year).
- 2012: Revenue of $38K, expenses of $40K, and assets of $562.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Team First Inc:
Data Sources and Methodology
This transparency report for Team First Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.