TEAM ADVENTURE EDUCATION FOUNDATION INC

Address
58 MULLINS BOG RD
LINCOLNVILLE, ME 04849
Contact
Website: http://www.teamadventure.org
Phone: +1 (781) 639-3009
Nonprofit
NTEE: C60 - Environmental Education and Outdoor Survival Programs
EIN: 01-0517611

Application info

  • Send submissions to: Not specified
  • Email: Not specified
  • Phone: Not specified

Application requirements

  • Submission deadline: Not specified
  • Format: Not specified
  • Pre-selected charities only: Yes
 20162015
Basic features of the organization
Year of formation1997
Subsection code03
PF filing required1 
Form of organization
CorporationTrue
Human resources, including compensation
Human resources, including compensation (private foundation)
Compensation of key personnel$0.00 
Personnel
Lewis, Cameron
Name CAMERON C LEWIS 
TitleCEO 
Officer, director, trustee, or key employeeTrue 
Total compensation$0.00 
Rosenfeld, Lawrence
Name LAWRENCE W ROSENFELD 
TitleTREASURER 
Officer, director, trustee, or key employeeTrue 
Total compensation$0.00 
Santry, Arthur
Name ARTHUR J SANTRY III 
TitleTRUSTEE 
Officer, director, trustee, or key employeeTrue 
Total compensation$0.00 
Summary compensation info
Sum of reportable (W2/1099) compensation $0.00
Number of employees 0
Number of people compensated >$100k 0
Number of volunteers 3
Number of highly compensated contractors 0
Personnel
Lewis, Cameron
Title CEO
Name of key/compensated person CAMERON C LEWIS
Position of compensated person
Current individual trustee or director True
Current officer True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Rosenfeld, Lawrence
Title TREASURER
Name of key/compensated person LAWRENCE W ROSENFELD
Position of compensated person
Current individual trustee or director True
Current officer True
Average hours per week working for org 1.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Santry, Arthur
Title TRUSTEE
Name of key/compensated person ARTHUR J SANTRY III
Position of compensated person
Current individual trustee or director True
Average hours per week working for org 0.00
Reportable compensation from org $0.00
Other comp, non-reportable, from org and related orgs $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00
Purpose: mission, activities, & accomplishments
Mission or significant activities TEAM ADVENTURE'S MISSION IS TO MOTIVATE PEOPLE OF ALL AGES THROUGH OUR OCEAN ADVENTURES.
Programs, including revenue & expenses
TEAM ADVENTURE CONTINUES TO TRY TO FIND SPONSORS OR DONORS TO REBUILD THE BOATS AND GET BACK ON THE WATER TO CONTINUE TO PURSUE ITS MISSION.
Program expenses $0.00
Grants and allocations made $0.00
Program revenue $0.00
Program description TEAM ADVENTURE CONTINUES TO TRY TO FIND SPONSORS OR DONORS TO REBUILD THE BOATS AND GET BACK ON THE WATER TO CONTINUE TO PURSUE ITS MISSION.
Financial data
Revenue
Total net investment income$0.00 
Total adjusted net income$0.00 
Other income -- revenue and expenses per books$335,283.00 
Other income -- net investment income$0.00 
Other income -- adjusted net income$0.00 
Total revenue per books-$1,892.00 
Total revenue -$4,763,609.00
Revenue from contributions (total) $400,000.00
Investment income, current yr -$7,074,618.00
Total revenue from grants, etc., current yr $400,000.00
Total unrelated business revenue $0.00
Other revenue, current yr $1,911,009.00
Net unrelated business taxable revenue $0.00
Program service revenue (total) $0.00
Gross receipts $3,561,009.00
Sources of contributions
Revenue from all other contributions $400,000.00
Other types of revenue
Miscellaneous revenue (total) $1,911,009.00
Net rental income $0.00
Expense categories (totals)
Expenses & disbursements (total)$84,062.00 
Total functional expenses: sum of all $128,296.00
Total functional expenses: program service  $0.00
Total functional expenses: management and general $128,296.00
Total functional expenses: fundraising $0.00
Fees for services
Legal fees (total) $13,832.00
Fundraising service fees (total) $0.00
Assets and liabilities
Total assets$216.00$621,453.00
Total assets, beginning of year $8,325,584.00
Total liabilities $535,283.00
Total liabilities, beginning of year $3,347,509.00
Net assets $86,170.00
Net assets, beginning of year $4,978,075.00
Cash: non-interest bearing $20,670.00
Cash: non-interest bearing, beginning of year $966.00
Other financial variables
Revenue less expenses -$4,891,905.00
Unsecured notes & loans to unrelated parties $535,283.00
Total net assets or fund balances $86,170.00
Governance and accountability
Number of voting members 3
Number of independent voting members 3
Discontinued or disposed >25% of net assets True
Cash accounting True
Website for public inspection of tax returnsHTTP://WWW.TEAMADVENTURE.ORG
Tax year start date2016-01-012015-01-01
Tax year end date2016-12-012015-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990PF990
Date e-filing submitted2017-12-222017-03-27
IRS schema version2016v3.02015v2.1
Filing identifier201703059349100510201613209349310871
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