Overview
What is Tedy's Team Inc?
Tedy's Team Inc, located in Plainville, Massachusetts, is a dedicated nonprofit organization with a mission to raise awareness about stroke and heart disease while supporting survivors on their recovery journey. They have made significant strides during and post-pandemic, organizing successful events such as the Falmouth Road Races and the NYC and Boston Marathons. These events have enabled them to contribute financially, donating $54,000 for research and an additional $100,000 to the American Heart Association's general fund. Tedy's Team Inc also supports new stroke survivors through their Community Access Program (CAP) and continues to fundraise for two ongoing recipients. In an effort to expand their services, they are currently working on establishing a recovery center in collaboration with Massachusetts General Hospital (MGH) and initiating a caregiver support group in partnership with Tufts University.
Official website here: www.tedysteam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Tedy's Team Inc has received a Three-Star rating from Charity Navigator, indicating a good level of performance with a total score of 83%. The organization excels in areas of culture and community, scoring a remarkable 97%, which highlights its strong engagement and positive impact within the community. Additionally, it shows impressive leadership and adaptability, earning a perfect score of 100% in that category.
However, the organization does face challenges in terms of accountability and finance, where it scored 74%. Notably, there are no independent board members, which could impact governance and oversight. The program expense ratio of 79.80% suggests that a significant portion of funds is directed towards programs, but the lack of an independent board and missed opportunities for transparency in financial statement postings may raise concerns among potential donors.
Overall, Tedy's Team Inc demonstrates a commitment to strategic partnerships and community engagement, as shown by its high scores in feedback collection and usage. While it maintains strong practices and equity strategies, addressing the governance concerns could enhance its accountability and bolster donor confidence in the organization's operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Tedy's Team Inc legitimate?
Tedy's Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tedy's Team Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,182
For more financial information, click here
Official website here: www.tedysteam.org
What is the mission statement of Tedy's Team Inc?
Tedy's Team Inc is committed to raising awareness about stroke and heart disease, providing support to survivors as they recover and helping them regain their strength. The organization's activities aim to give survivors the resources they need to make a comeback. During the pandemic, Tedy's Team successfully organized several events such as the Falmouth Road Races, NYC Marathon, and Boston Marathon, raising funds for the American Heart Association. They donated a significant amount towards stroke and heart disease research and also contributed to the general fund. Furthermore, Tedy's Team funded three new Community Access Program (CAP) recipients and continued their fundraising efforts for two others. They are also working on establishing a recovery center in collaboration with Massachusetts General Hospital for stroke survivors and a caregiver support group with Tufts University.
Official website here: www.tedysteam.org
What is the revenue of Tedy's Team Inc?
Tedy's Team Inc's revenue in 2024 was $918,345.
Official website here: www.tedysteam.org
Who are the executives of Tedy's Team Inc and what are their salaries?
The average compensation at Tedy's Team Inc during 2024 was $68,394. There are 3 employees and 75 volunteers at Tedy's Team Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $125,000
- Related: $0
- Other: $0
Official website here: www.tedysteam.org
Where can I find the form 990 for Tedy's Team Inc?
Tedy's Team Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.tedysteam.org
Learn more at the official website: www.tedysteam.org
Mission Statement of Tedy's Team Inc
Tedy's Team Inc is committed to raising awareness about stroke and heart disease while providing support to survivors as they work towards recovery. Their mission is to empower stroke survivors, offering them the means to make a comeback. This nonprofit organization strives to spread knowledge about these health conditions, aiming to prevent further instances and reduce their impact on individuals' lives.
In carrying out its mission, Tedy's Team Inc organizes various events, including road races and marathons such as the Falmouth Road Races, NYC Marathon, and Boston Marathon. These events not only raise awareness but also serve as platforms for fundraising. The organization has contributed significant sums to the American Heart Association (AHA), donating $54,000 for research and $100,000 towards their general fund.
Furthermore, Tedy's Team Inc supports stroke survivors directly by funding recipients of the Community Access Program (CAP). They currently fund three new CAP recipients and continue their efforts to support two additional individuals. In addition, the nonprofit is working on establishing a recovery center in collaboration with Massachusetts General Hospital (MGH) for stroke survivors. They also aim to create a caregiver support group in partnership with Tufts, providing additional resources for those who are closely involved in the recovery process.
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Impact
July, 2024
Tedy's Team Inc has had a significant impact on raising awareness of stroke and heart disease while supporting survivors on their journey, providing them with the means for a comeback. Coming out of the pandemic, the organization successfully participated in events such as the Falmouth Road Races, NYC Marathon, and Boston Marathon. They have also made significant contributions to the American Heart Association, donating $54,000 for research and $100,000 towards their general fund. Additionally, Tedy's Team Inc has funded three new CAP recipients and continued fundraising efforts for two others. The organization is actively working on establishing a recovery center with MGH for stroke survivors, as well as a caregiver support group with Tufts. Tedy's Team Inc's impact is evident in their dedication to supporting stroke and heart disease survivors and their commitment to making a difference in the lives of those affected by these diseases.
This information is meant to be a general summary of Tedy's Team Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $18
- Gross Receipts: $918,345
Assets and Liabilities:
- Total Assets: $1,734,734
- Total Liabilities: $1,017,656
- Net Assets: $717,078
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Organization Details
Founding Year
2018
Principal Officer
Tedy Bruschi
Website
www.tedysteam.orgNTEE Category
Code: G99 - Disease
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