Century Club of San Diego

What it reported doing in 2024

Champions for Youth: The Century Clubs core charitable program, Champions for Youth (CFY), aims to provide capacity-building resources to help their community partners for the long term. The Century Club focuses on supporting the long-term viability and stability of the community partners to enable them to address critical issues that affect us all, particularly in those youth most at-risk to live in poverty, experience homelessness, face food insecurities, or spend time in the foster care system.Throughout the partnership, selected nonprofits receive strategic development support, access to donation software, and engage in opportunities of collaboration, volunteerism, and brand exposure.Through an in-depth selection process, the Century Club partners with San Diego charities that provide direct services to at-risk youth and their families for participation in CFY. Once charities are selected, the Century Club works with each charity to focus on improving the following three key challenge areas that the Century Club has found to be common among charities: 1) Donor engagement; 2) lack of resources; and 3) community awareness of the charity and causes they support.Selected nonprofits are in the program for five years. This commitment of multi-year support allows the Century Club to spend ample time collaborating to strengthen the nonprofit partners infrastructure and business practices. The program includes a fundraising campaign where organizations receive all the elements like donation software, strategy assistance, and a marketing toolkit to generate unrestricted dollars, meaning the nonprofits can use these funds where it is most needed.To facilitate and support the participants fundraising efforts, the Century Club donates resources and time to provide each charity with fundraising and awareness tools to ensure successful program participation. Century Club creates a customized online donation platform for each charity, for which it also covers all processing fees that a charity would normally incur through online fundraising. Additionally, the Century Club creates and provides customized online and printed campaign marketing tools, individualized strategic campaign consulting, guidance, and training to use to generate incremental funding and donor interest.Charities receive funding from a bonus pool based on how much they raise during a specific time window compared to the other participating organizations and how many donors contribute to their campaign during the specified time. The bonus pool not only provides charities with unrestricted dollars to assist with their mission, but the time-sensitive and competitive elements of the program enable charities to incentivize contributions from donors who understand that their donations will have an increased impact during this period.In addition to the resources and funding provided, the Century Club hosts service activities for its membership to volunteer their time in support of the various missions. The organizations also works to increase awareness of the participating charities and their causes in the San Diego community by including the charities in their marketing, social media, and outreach efforts.Through this program, the Century Club supported 6 local charities for the year ending April 30, 2025.

Financial Efficiency

• Mission deployment rate: 93.3%; rating input score 93
• Program expense ratio: 96.6%; rating input score 97
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 86.7%; rating input score 87; 1st percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 97.5%; rating input score 98; 28th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 3.3%; rating input score 48; 48th percentile among comparable filings
• Total-asset coverage ratio: 0.5; rating input score 16; 16th percentile among comparable filings
• Liabilities to assets ratio: 0.31; rating input score 46; 46th percentile among comparable filings
• Officer compensation ratio: 7.9%; rating input score 30; 30th percentile among comparable filings

Growth

• Program expense growth: 1.6% per year; rating input score 100; 17th percentile among comparable filings
• Revenue growth: 3% per year; rating input score 100; 26th percentile among comparable filings
• Asset growth: 17.9% per year; rating input score 100; 86th percentile among comparable filings