Nonprofit · EIN 59-3597540
TEAM SUCCESS A SCHOOL OF EXCELLENCE INC
Tax-exempt · BRADENTON, FL 34208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $19,010,897 | $19,551,406 | -$540,509 | $32,245,294 | $29,416,636 | $2,828,658 |
| June 30, 2024 | 990 | $17,303,536 | $17,529,983 | -$226,447 | $33,572,302 | $29,939,872 | $3,632,430 |
| June 30, 2023 | 990 | $17,574,729 | $15,717,002 | $1,857,727 | $34,236,881 | $30,378,004 | $3,858,877 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,302,903
- of which government grants
- $2,302,903
- Program service revenue
- $16,206,821
- Investment income
- $547
- Other revenue
- $500,626
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $7,804,877
- Salaries, compensation and benefits (total)
- $8,760,150
- Professional fundraising fees
- $0
- Legal fees
- $53,600
- Accounting fees
- $86,165
- Occupancy
- $907,941
- Travel
- $113
- Depreciation
- $1,386,131
- Program services (functional)
- $17,644,265
- Management and general (functional)
- $1,907,141
Balance sheet and other
- Total assets, start of year
- $33,572,302
- Total assets, end of year
- $32,245,294
- Total liabilities, end of year
- $29,416,636
- Net assets, end of year
- $2,828,658
- Land, buildings and equipment
- $22,065,001
- Gross receipts
- $19,010,897
- Employees
- 180
- Year formed
- 1999
- State of legal domicile
- FL
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 |
|---|---|---|---|
| DOUGLAS COLKITT | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| JC SIMS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RICHARD WALTON | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS COLKITT | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| VINCENT FODERINGHAM | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JC SIMS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ELLEN SPARKS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| EDWARD VILTZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS COLKITT | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| VINCENT FODERINGHAM | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JC SIMS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ELLEN SPARKS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| EDWARD VILTZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 202 13TH AVE E, BRADENTON, FL 34208-3246
- Principal officer (990 for 2024)
- DOUGLAS COLKITT, 202 13TH AVE E, BRADENTON, FL 34208
- Signed the 990
- DOUGLAS COLKITT, PRESIDENT
- Phone
- (941) 714-7260
- Website
- WWW.TEAMSUCCESSSCHOOLS.COM
- Return prepared by
- MCCRADY & ASSOCIATES PLLC
Mission
TO PROVIDE ELEMENTARY AND MIDDLE SCHOOL STUDENTS A SAFE AND NURTURING ENVIRONMENT WHERE THEY ARE GIVEN AN OPPORTUNITY TO FULFILL THEIR POTENTIAL IN A DYNAMIC ENVIRONMENT THAT ENCOURAGES AND REWARDS HIGH SCHOLASTIC ACHIEVEMENT.
Program accomplishments
- TO PROVIDE ELEMENTARY AND MIDDLE SCHOOL STUDENTS A SAFE AND NURTURING ENVIRONMENT.Expenses $17,644,265 · revenue $16,206,821
- PROVIDE ELEMENTARY AND MIDDLE SCHOOL STUDENTS A SAFE AND NURTURING ENVIRONMENT.
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
- 59-3597540
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $32,245,294
- Income (IRS master file)
- $19,010,897
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $19,010,897 | $19,551,406 | $32,245,294 | IRS |
| 990 | June 2024 | $17,303,536 | $17,529,983 | $33,572,302 | IRS |
| 990 | June 2023 | $17,574,729 | $15,717,002 | $34,236,881 | XML |
| 990 | June 2022 | $13,449,748 | $13,068,959 | $30,823,100 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 59-3597540).
Questions about TEAM SUCCESS A SCHOOL OF EXCELLENCE INC
- What is the EIN of TEAM SUCCESS A SCHOOL OF EXCELLENCE INC?
- The employer identification number (EIN) of TEAM SUCCESS A SCHOOL OF EXCELLENCE INC is 59-3597540.
- Is TEAM SUCCESS A SCHOOL OF EXCELLENCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to TEAM SUCCESS A SCHOOL OF EXCELLENCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEAM SUCCESS A SCHOOL OF EXCELLENCE 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 SUCCESS A SCHOOL OF EXCELLENCE INC 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 TEAM SUCCESS A SCHOOL OF EXCELLENCE INC 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 TEAM SUCCESS A SCHOOL OF EXCELLENCE INC?
- The 990 for the year ended June 30, 2025 names DOUGLAS COLKITT.
- Who are the officers and directors of TEAM SUCCESS A SCHOOL OF EXCELLENCE INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does TEAM SUCCESS A SCHOOL OF EXCELLENCE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $19,010,897, expenses of $19,551,406 and total assets of $32,245,294 at year end.
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