A3 Events Inc

Nonprofit profile at a glance

EIN
272009103
IRS 990-EZ coverage
2011–2013
Forms available
Form 990-EZ 2013
Location
Knoxville, TN, USA
Phone
8655460564
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$14,175
Expenses
$17,544
Assets
$8,064
Liabilities
$173

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • CHAD SPECK (PRESIDENT)
  • ISAAC CONNER (VICE-PRESIDENT)

People named in this filing

  • CHAD SPECK (PRESIDENT)
  • ISAAC CONNER (VICE-PRESIDENT)
  • JARED KARNES (SECRETARY)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A3 events, inc's purpose shall be to promote and support worthy charitable causes in its community by raising funds through various events, particularly sports-related events. Through its fundraising activities, the company intends to benefit the east Tennessee community, as well as the communities of its athletic clientele, and encourage other members of those communities to participate in charitable causes.

What it reported doing in 2013

Contributions and support to other 501(c)(3) organizations in east Tennessee and other communities

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 100
  • Sustainability: 29
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.5%; rating input score 63
  • Program expense ratio: 51.3%; rating input score 51

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -23.8%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 10.9% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: -7% per year; rating input score 0; 38th percentile among comparable filings
  • Asset growth: -32.2% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 63.5% of revenue deployed · 51.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $9K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2011 to 2013
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 51/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.