Grey Team Inc

EIN: 814567473 501(c)(3)

Boca Raton, FL

Total Revenue
$2,069,912
Total Expenses
$544,155
Total Assets
$3,116,730
Net Assets
$2,383,633
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
Cary Reichbach
Phone
5617351270
Tax Period
2024-01-01 to 2024-12-31

Grey Team Inc, founded in 2016, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 123% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 74% operating margin.

Mission

Grey Team, Inc. is a 501 (c)3 non-profit based in Boca Raton, Florida established in November of 2016 to help reduce and eliminate PTSD related veteran suicides.Our mission is to save veterans lives. As suicide rates among returning US military veterans continue to rise, the statistics now show that it is now six times more dangerous for an American soldier to return home from war than it is for him/her to actively be engaged in combat with the enemies of our country.Grey Team, Inc. uses a combination of holistic healing technologies as well as reinstating a passion for life and purpose, to completely redefine what it means to be a US military veteran.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $549,513
Program Service Revenue $0
Investment Income $12,050
Other Revenue $1,508,349
TOTAL REVENUE $2,069,912

Expense Breakdown

Grants Paid $0
Salaries & Benefits $74,776
Fundraising Expenses $40,311
Program Expenses $333,173
Other Expenses $469,379
TOTAL EXPENSES $544,155

Year-over-Year Comparison

2024 2023 Change
Revenue $2,069,912 $929,599 +1.2%
Expenses $544,155 $357,731 +0.5%
Net Income $1,525,757 $571,868 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cary Reichbach President 40.00
Officer Director
$0 $0 $0
Dante Croupe Treasurer 10.00
Officer Director
$0 $0 $0
Trish Phan Vice President 40.00
Officer Director
$0 $0 $0
Dr Alan Bauman Medical Direc. 10.00
Officer Director
$0 $0 $0
Allen West Director 10.00
Officer Director
$0 $0 $0
Paul Emanuel Director 10.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,069,912 $544,155 $3,116,730 $1,525,757
2023 $929,599 $357,731 $1,131,329 $571,868
2022 $209,106 $252,159 $641,690 $-43,053
2021 $299,817 $212,337 $477,948 $87,480
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