Wendy Hilliard Foundation
Overview
Mission
The mission of the wendy hilliard gymnastics foundation is to empower the lives of young people from underserved communities by improving physical and emotional health through the sport of gymnastics.
What it reported doing in 2024
Gymnastics programs: the foundation provides free and low cost gymnastics programs the foundation serves youths between the ages of 3 to 17 years old, predominantly from harlem, and the surrounding neighborhoods of Washington heights and the south bronx, with a sister program in detroit, Michigan.
Operating model
- Revenue model
- Earned-program. 64% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 133879321
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Headquarters
- New York, NY, USA
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Sports Associations &Training Facilities
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.6%; rating input score 70
- Program expense ratio: 70.3%; rating input score 70
- Fundraising efficiency: $1.85 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 1.2%; rating input score 40; 40th percentile among comparable filings
- Operating reserve ratio: 0.14; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 4; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 14.5%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 18.7% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 8.3% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 7.8% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 69.6% of revenue deployed · 70.3% of spending went to programs
- Governance: 4 of 4 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $714K in reported program spending
- Leadership: top reported pay $148K · 16 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 annual filings from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.