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Nonprofit · EIN 27-5273049

TEAM FIRST INC

Tax-exempt (reinstated) · BROOKLYN, NY 11201

Financials

$2.7M$2.8M2023$3M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of TEAM FIRST INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,969,379$2,924,228$45,151$411,338$200,975$210,363
December 31, 2023990$2,703,168$2,846,055-$142,887$462,361$297,149$165,212
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,969,379
of which government grants
$2,084,214
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$513,103
Other salaries and wages
$1,113,224
Salaries, compensation and benefits (total)
$1,828,881
Professional fundraising fees
$0
Accounting fees
$125,309
Occupancy
$48,000
Program services (functional)
$2,471,484
Management and general (functional)
$452,744

Balance sheet and other

Total assets, start of year
$462,361
Total assets, end of year
$411,338
Total liabilities, end of year
$200,975
Net assets, end of year
$210,363
Net assets without donor restrictions
$210,363
Gross receipts
$2,969,379
Employees
193
Year formed
2011
State of legal domicile
NY

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TYRONE GRANTCEO
Officer
40$308,664$39,404
dr yvette morganCOO
Officer
40$205,039$23,118
TARIK TURNERDirector
Trustee or director
1$0$0
STEPHON BARNESChairman
Trustee or director
1$0$0
WAYNE PAUL BRAZILDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
TYRONE GRANTCEO
Officer
40$290,509
dr yvette morganExecutive Dir.
Officer
40$216,311
TARIK TURNERDirector
Trustee or director
1$0
STEPHON BARNESChairman
Trustee or director
1$0
WAYNE PAUL BASILDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
165TH CT STREET 166, BROOKLYN, NY 11201-0000
In care of
% TYRONE GRANT
Signed the 990
TYRONE GRANT, CEO
Phone
(917) 214-7233
Return prepared by
FEUER & ORLANDO LLP

Mission

TEAM FIRST IS A NEW YORK CITY BASED NON-PROFIT EDUCATIONAL ORGANIZATION THAT OFFERS MENTORSHIP SERVICES THAT ARE TIED TO ATTRACTIVE AND COMPETITIVE ATHLETIC EVENTS IN WHICH ALL CHILDREN WITH A PASSION FOR SPORTS CAN PARTICIPATE.

990 for the year ended December 31, 2024

Program accomplishments

  • MENTORSHIP SEMINARS
    Expenses $2,471,484

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-5273049
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
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$411,338
Income (IRS master file)
$2,969,379

Revocation and reinstatement

Exemption revoked
May 15, 2014
Posted by the IRS
October 15, 2014
Reinstated
Effective May 15, 2014

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,969,379$2,924,228$411,338XML
990December 2023$2,703,168$2,846,055$462,361XML
990December 2022$2,653,207$2,706,501$564,634IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 27-5273049).

Questions about TEAM FIRST INC

What is the EIN of TEAM FIRST INC?
The employer identification number (EIN) of TEAM FIRST INC is 27-5273049.
Is TEAM FIRST INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2014 and reinstated it effective May 15, 2014.
Are donations to TEAM FIRST INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEAM FIRST 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 TEAM FIRST INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEAM FIRST INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of TEAM FIRST INC?
The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $308,664 (TYRONE GRANT, CEO).
How much revenue does TEAM FIRST INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,969,379, expenses of $2,924,228 and total assets of $411,338 at year end.

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