Team-Up Academy Foundation

EIN: 923528278 501(c)(3) Employment

Warren, MI

Total Revenue
$228,253
Total Expenses
$273,624
Total Assets
$209,701
Net Assets
$-86,326
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
MI
Principal Officer
John Bones
Tax Period
2023-04-03 to 2023-12-31

Team-Up Academy Foundation, founded in 2023, is a small nonprofit in the Employment sector that reported $228K in total revenue in fiscal year 2023. Expenses of $274K exceeded revenue, resulting in a 20% operating deficit.

Mission

Training unskilled individuals for skilled posistions in the workforce

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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 (2023)

Revenue Breakdown

Contributions & Grants $228,253
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $228,253

Expense Breakdown

Grants Paid $3,706
Salaries & Benefits $18,787
Fundraising Expenses $9,545
Program Expenses $261,579
Other Expenses $251,131
TOTAL EXPENSES $273,624

Year-over-Year Comparison

2023 2022 Change
Revenue $228,253 N/A N/A
Expenses $273,624 N/A N/A
Net Income $-45,371 N/A N/A
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

Financial Distress Indicator

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
5
Independent Members
N/A
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Barry David Director 010.00
Director
$0 $0 $0
Dr Tamara Jefferson Director 005.00
Director
$0 $0 $0
Mariah Manuel-Berry Director 010.00
Director
$0 $0 $0
Thomas Nichols Director 005.00
Director
$0 $0 $0
John Bones Chairman 040.00
Officer
$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 No data No data No data No data
2023 $228,253 $273,624 $209,701 $-45,371
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