Nonprofit · EIN 47-4405261
TEAMFUND INC
Tax-exempt · PALM BCH GDNS, FL 33418
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $206,028 | $874,599 | -$668,571 | $9,058,117 | $187,249 | $8,870,868 |
| December 31, 2024 | 990 | $171,926 | $704,347 | -$532,421 | $9,298,859 | $194,349 | $9,104,510 |
| December 31, 2023 | 990 | $539,616 | $805,051 | -$265,435 | $9,944,409 | $224,097 | $9,720,312 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $100,100
- Program service revenue
- $0
- Investment income
- $105,928
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $50,000
- Compensation of officers, directors and key employees
- $485,255
- Other salaries and wages
- $17,016
- Salaries, compensation and benefits (total)
- $527,674
- Professional fundraising fees
- $0
- Accounting fees
- $106,457
- Travel
- $49,265
- Depreciation
- $7,000
- Program services (functional)
- $608,272
- Management and general (functional)
- $266,327
Balance sheet and other
- Total assets, start of year
- $9,298,859
- Total assets, end of year
- $9,058,117
- Total liabilities, end of year
- $187,249
- Net assets, end of year
- $8,870,868
- Net assets without donor restrictions
- $8,002,034
- Net assets with donor restrictions
- $868,834
- Gross receipts
- $206,028
- Employees
- 0
- Volunteers
- 17
- Year formed
- 2014
- State of legal domicile
- DE
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| YOUSUF MAZHAR | MANAGING PARTNER Officer | 28 | $309,416 | $132,607 | $25,164 |
| CHRISTOPHER HAYNES | PRINCIPAL Highest-paid employee | 30.4 | $143,759 | $45,398 | $19,032 |
| KATHRYN L GLEASON | SECRETARY Trustee or director, Officer | 37 | $0 | $0 | $0 |
| TIMOTHY M RING | TREASURER Trustee or director, Officer | 37 | $0 | $0 | $0 |
| KRISTOFFER GANDRUP-MARINO | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHARLES FLEISCHMAN | DIRECTOR (THRU NOVEMBER) Trustee or director | 0.5 | $0 | $0 | $0 |
| CHRISTOPHER EGERTON-WARBURTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| RAJIV DOSHI | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| LEITH GREENSLADE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GBENGA OGEDEGBE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| PETER BAIRD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| YOUSUF MAZHAR | MANAGING PARTNER Officer | 25 | $284,290 | $122,566 | $122,535 |
| CHRISTOPHER HAYNES | PRINCIPAL Highest-paid employee | 25 | $142,020 | $44,849 | $42,911 |
| KATHRYN L GLEASON | SECRETARY Trustee or director, Officer | 37 | $0 | $0 | $0 |
| TIMOTHY M RING | TREASURER Trustee or director, Officer | 37 | $0 | $0 | $0 |
| KRISTOFFER GANDRUP-MARINO | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CHARLES FLEISCHMAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CHRISTOPHER EGERTON-WARBURTON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| RAJIV DOSHI | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| LEITH GREENSLADE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| GBENGA OGEDEGBE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| PETER BAIRD | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| YOUSUF MAZHAR | MANAGING PARTNER Officer | 25 | $356,258 | $106,414 | $119,622 |
| CHRISTOPHER HAYNES | PRINCIPAL Highest-paid employee | 25 | $149,001 | $42,026 | $47,231 |
| KATHRYN L GLEASON | SECRETARY Trustee or director, Officer | 37 | $0 | $0 | $0 |
| TIMOTHY M RING | TREASURER Trustee or director, Officer | 37 | $0 | $0 | $0 |
| KRISTOFFER GANDRUP-MARINO | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CHARLES FLEISCHMAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| CHRISTOPHER EGERTON-WARBURTON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| RAJIV DOSHI | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| LEITH GREENSLADE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| GBENGA OGEDEGBE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 12408 HAUTREE CT, PALM BCH GDNS, FL 33418-1551
- In care of
- % DAVID A SHEVLIN
- Mailing address (990-N for 2014)
- C/O COHNREZNICK 4 BECKER FARM RD, ROSELAND NJ 07068
- Principal officer (990 for 2025)
- YOUSUF MAZHAR, 12408 HAUTREE CT, PALM BEACH GARDENS, FL 33418
- Principal officer (990-N for 2014)
- TIMOTHY RING, C/O COHNREZNICK 4 BECKER FARM RD, ROSELAND NJ 07068
- Signed the 990
- TIMOTHY M RING, TREASURER
- Phone
- (908) 578-4688
- Website
- TEAMFUNDHEALTH.ORG
- Return prepared by
- WEGNER CPAS LLP
Mission
TEAMFUNDS'S MISSION IS TO IMPROVE THE LIVES OF THE WORLD'S UNDERSERVED LIVING IN LOW-RESOURCE HEALTHCARE SETTINGS, BY INCREASING ACCESS TO AFFORDABLE AND APPROPRIATE MEDICAL TECHNOLOGIES THAT EFFECTIVELY ADDRESS THEIR PRESSING HEALTH CARE PROBLEMS.
Program accomplishments
- PROGRAMMATIC EFFORTS OF THE CHARITY FOCUSED ON RESEARCHING THE PRESSING HEALTH NEEDS OF UNDERSERVED, LOW RESOURCE POPULATIONS, AND ATTEMPTING TO IDENTIFY AFFORDABLE AND APPROPRIATE MEDICAL TECHNOLOGY SOLUTIONS THAT MIGHT EFFECTIVELY ADDRESS THOSE PRESSING HEALTH NEEDS. ATTENTION IN BOTH RESEARCH AND OUTREACH HAS BEEN ON DISEASE BURDENS AFFLICTING LOW RESOURCE, UNDERSERVED POPULATIONS PRIMARILY IN INDIA AND SUB-SAHARAN AFRICA (E.G., DIABETES, GESTATIONAL DIABETES, CERVICAL CANCER), AND IDENTIFYING INNOVATIVE, SUSTAINABLE AND SCALABLE MEDICAL TECHNOLOGY SOLUTIONS ADDRESSING THOSE DISEASE BURDENS.Expenses $608,272 · grants $50,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-4405261
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E80)
- Assets (IRS master file)
- $9,058,117
- Income (IRS master file)
- $206,028
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $206,028 | $874,599 | $9,058,117 | XML |
| 990 | December 2024 | $171,926 | $704,347 | $9,298,859 | XML |
| 990 | December 2023 | $539,616 | $805,051 | $9,944,409 | XML |
| 990 | December 2022 | $172,379 | $722,619 | $10,280,142 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: TIMOTHY RING | September 30, 2015 | ≤ $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 47-4405261).
Questions about TEAMFUND INC
- What is the EIN of TEAMFUND INC?
- The employer identification number (EIN) of TEAMFUND INC is 47-4405261.
- Is TEAMFUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to TEAMFUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEAMFUND 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 TEAMFUND INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEAMFUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of TEAMFUND INC?
- The 990 for the year ended December 31, 2025 names YOUSUF MAZHAR.
- Who are the officers and directors of TEAMFUND INC?
- The 990 for the year ended December 31, 2025 lists 11 people; 2 received compensation from the organization, the highest $309,416 (YOUSUF MAZHAR, MANAGING PARTNER).
- How much revenue does TEAMFUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $206,028, expenses of $874,599 and total assets of $9,058,117 at year end.
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