7Element Athletics Inc
Nonprofit profile at a glance
- EIN
- 831248558
- IRS 990-EZ coverage
- 2019–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2018
- Location
- Clarksville, TN, USA
- Phone
- 9312495660
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Recreation& Sports N.E.C.
Reported finances
- Revenue
- $17,617
- Expenses
- $41,387
- Assets
- $23,283
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- LUKE JERKINS (PRESIDENT)
People named in this filing
- BRIAN R BAILEY (EXECUTIVE DI)
- LUKE JERKINS (PRESIDENT)
- HAL GILL (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission at 7element is to provide a healthy mental outlet for our members, a sense of purpose to our members, and to close the civilian/ military divide. 7element uses the power of sports to provide a place for members to feel as though they are needed and to provide a median to close the division between those who sacrifice for our communities and the people who live in those communities. 7element plans to complete its mission by helping relieve the financial burden that is associated with many sports. Whether through league fees or by providing sporting equipment, 7element is dedicated to getting our members involved in the sport of their choice.
What it reported doing in 2022
The program has provided free of cost sports programs in the form of ice hockey and other outdoor sports. Our hockey program has covered the entire cost of playing the sport for over 300 players in the middle tn area. That includes equipment, tape, skate sharpening, food and beverage, ice fees, and incidentals. The outdoor program has provided camping equipment for outdoor activities.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Member-benefit provider. The nonprofit used 60% of its reported program spending for member benefits.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 82
- Sustainability: 18
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 87.3%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -134.9%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0.56; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -4.7% per year; rating input score 0; 40th percentile among comparable filings
- Revenue growth: -39.5% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: 0.6% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 87.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $36K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2019 to 2022
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 7/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.