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Nonprofit · EIN 80-0613664

TEAM JOSEPH INC

Tax-exempt · W BLOOMFIELD, MI 48322

Financials

$1.6M$1.1M2023$1M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of TEAM JOSEPH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,040,163$1,436,962-$396,799$1,395,110$17,135$1,377,975
December 31, 2023990$1,632,088$1,138,805$493,283$1,819,066$56,302$1,762,764
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,054,220
Program service revenue
$0
Investment income
$24,656
Net income from fundraising events
-$38,713
Other revenue
-$38,713

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$149,600
Other salaries and wages
$177,366
Salaries, compensation and benefits (total)
$392,276
Professional fundraising fees
$0
Legal fees
$7,100
Accounting fees
$15,112
Occupancy
$16,910
Travel
$84
Depreciation
$802
Program services (functional)
$1,115,207
Management and general (functional)
$187,613
Fundraising (functional)
$134,142

Balance sheet and other

Total assets, start of year
$1,819,066
Total assets, end of year
$1,395,110
Total liabilities, end of year
$17,135
Net assets, end of year
$1,377,975
Land, buildings and equipment
$3,236
Publicly traded securities
$28,864
Net assets without donor restrictions
$1,133,763
Net assets with donor restrictions
$244,212
Gross receipts
$1,110,776
Employees
4
Volunteers
8
Year formed
2010
State of legal domicile
MI

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 / weekCompensation
MARISSA PENRODFOUNDER & CEO
Trustee or director, Officer
40$149,600
HARRY PACKMANPRESIDENT
Trustee or director, Officer
2$0
MATT RILEYSECRETARY
Trustee or director, Officer
2$0
DINA KENKELDIRECTOR
Trustee or director
2$0
PAT FUELLINGTREASURER
Trustee or director, Officer
2$0
LYNDA SNAGEDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
MARISSA PENRODFOUNDER & CEO
Trustee or director, Officer
40$141,600
JORDAN MONTANINODIRECTOR OF DEVELOPMENT
Highest-paid employee
40$106,333
HARRY PACKMANPRESIDENT
Trustee or director, Officer
2$0
MATT RILEYSECRETARY
Trustee or director, Officer
2$0
DINA KENKELDIRECTOR
Trustee or director
2$0
PAT FUELLINGTREASURER
Trustee or director, Officer
2$0
LYNDA SNAGEDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
5745 W MAPLE RD STE 204, W BLOOMFIELD, MI 48322-4488
In care of
% DORENE PULGINI
Principal officer (990 for 2024)
MARISSA PENROD, 5745 W MAPLE ROAD 204, WEST BLOOMFIELD, MI 48322
Signed the 990
MARISSA PENROD, PRESIDENT & CEO
Phone
(248) 330-0430
Return prepared by
GORDON ADVISORS PC

Mission

OUR PRIMARY MISSION INCLUDES FUNDING RESEARCH TO FIND A CURE OR TREATMENT FOR DUCHENNE MUSCULAR DYSTROPHY. WE ARE COMMITTED TO SAVING THIS GENERATION OF CHILDREN. WHEN WE WORK SMART, LEVERAGE EACH DOLLAR AND WORK IN CLOSE PARTNERSHIP WITH SCIENTISTS AND RESEARCH COMPANIES, THERE IS THE PROMISE FOR AN END TO DUCHENNE. WE ARE PROUD THAT 2 PROJECTS WE'VE SUPPORTED IN EARLY STAGES ARE NOW IN CLINCIAL TRIAL, AND ONE IS UNDER REVIEW FOR FDA APPROVAL. IN THE MEANTIME, WHILE WE FIGHT FOR THE FUTURE FOR THESE BOYS, WE ARE COMMITTED TO BEING THERE FOR THEM AND HELPING FAMILIES RIGHT NOW IN THE PRESENT MOMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • TO FUND CUTTING EDGE RESEARCH IN ORDER TO FIND A CURE OR TREATMENT FOR DUCHENNE MUSCULAR DYSTROPHY.
    Expenses $104,452
  • TO ASSIST FAMILIES WITH EXPENSES DIRECTLY RELATED TO THE CARE OF A CHILD DIAGNOSED WITH DUCHENNE MUSCULAR DYSTROPHY.
    Expenses $1,010,755

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
80-0613664
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
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P12)
Assets (IRS master file)
$1,395,110
Income (IRS master file)
$1,110,776

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,040,163$1,436,962$1,395,110IRS
990December 2023$1,632,088$1,138,805$1,819,066XML
990December 2022$1,124,356$928,208$1,307,590IRS
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 80-0613664).

Questions about TEAM JOSEPH INC

What is the EIN of TEAM JOSEPH INC?
The employer identification number (EIN) of TEAM JOSEPH INC is 80-0613664.
Is TEAM JOSEPH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to TEAM JOSEPH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEAM JOSEPH 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 JOSEPH 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 JOSEPH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TEAM JOSEPH INC?
The 990 for the year ended December 31, 2024 names MARISSA PENROD.
Who are the officers and directors of TEAM JOSEPH INC?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $149,600 (MARISSA PENROD, FOUNDER & CEO).
How much revenue does TEAM JOSEPH INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,040,163, expenses of $1,436,962 and total assets of $1,395,110 at year end.

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