Atp Tour Charities Inc
Nonprofit profile at a glance
- EIN
- 593046932
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Atlantic Beach, FL, USA
- Phone
- 9042858000
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $443,100
- Expenses
- $72,876
- Assets
- $2,027,626
- Liabilities
- $904
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- MASSIMO CALVELLI (CEO (NRA))
Highest reported compensation
- ANDREA GAUDENZI (CHAIRMAN (NRA)): $1,731,608 total reported compensation
- MARK YOUNG (CHIEF LEGAL AND ADMINISTRATIVE OFFICER): $993,240 total reported compensation
- MASSIMO CALVELLI (CEO (NRA)): $839,911 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The nature of the business of atp tour charities, inc. And the objects and purposes transacted, promoted or carried on by it are purely religious, charitable, scientific, literary and educational, without regard to race, color or creed, as follows: (see schedule o)
What it reported doing in 2024
Atp tour charities, inc. Is a 501(c)(3) tax-exempt organization that makes contributions to qualified charities and recipients nominated by atp tour, inc., its sole member.
Operating model
- Revenue model
- Affiliate-supported. 100% of the money available for current operations came from contributions from related organizations.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - Most voting board members are independent and program spending has grown recently. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 42
- Transparency & Controls: 51
- Accountability: 84
- Sustainability: 81
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.4%; rating input score 16
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 50%; rating input score 50; 42nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 24th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 83.6%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 27.82; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 569.9%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: 20.6% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 27.7% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 20.7% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 16.4% of revenue deployed · 100% of spending went to programs
- Governance: 8 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $73K in reported program spending
- Leadership: top reported pay $1.7M · 18 people listed · 0 of 6 pay-setting controls reported
- Consistency: 15 of 15 current checks pass
- Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 3 filed related-organization links
- 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.
- High — Financial Efficiency: Mission deployment rate scored 16/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
- Review — Transparency & Controls: Grant itemization coverage scored 50/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.