Cfm Foundation Inc C/o Mike Clifford
Nonprofit profile at a glance
- EIN
- 270016499
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Hartford, CT, USA
- Phone
- 8607060359
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Football
Reported finances
- Revenue
- $21,463
- Expenses
- $62,438
- Assets
- $81,487
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ERIC MANGINI (PRESIDENT)
- MICHAEL MOUSTAKAKIS (VICE PRESIDENT)
People named in this filing
- ERIC MANGINI (PRESIDENT)
- MICHAEL MOUSTAKAKIS (VICE PRESIDENT)
- MICHAEL CLIFFORD (TREASURER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide funding directed at increasing opportunities for under-resourced children.
What it reported doing in 2024
Football fundamentals camp - every year, the cfm foundation holds a one-day football fundamentals camp for student-athletes. We often bring in nfl players, in addition to coaches from around the state, to help teach these athletes the proper principles, mechanics, and ethics of high-level competitive football.this one-day, no-contact camp stresses fundamentals, form, and technique with the primary objective of focusing on quality instruction for each player in a fun atmosphere. Our volunteer coaches strive to teach the skills needed to make better football players and to stimulate general interest in the game of football, while promoting the concept of teamwork. They also stress the importance of education, hard work, and character development, as these lead to success both on and off the field. We believe that football skills can be a mechanism for illustrating the importance of individual work ethic and teamwork. We want to emphasize the importance of self-confidence, trust, discipline, a positive self-image and a good work ethic. We take advantage of every minute spent with the players during this intense and upbeat day to bring this message home.
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
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: 98
- Transparency & Controls: 100
- Sustainability: 33
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.9%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -190.9%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 1.31; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -1.2% per year; rating input score 0; 45th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 51st percentile among comparable filings
- Asset growth: 15.2% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $59K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- 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.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.