Charlotte Eagles Inc

Nonprofit profile at a glance

EIN
562335650
IRS 990-EZ coverage
2010–2014
Forms available
Form 990-EZ 2014
Location
Matthews, NC, USA
Phone
7048418644
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$133,164
Expenses
$132,942
Assets
$317
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • Ron Elmore (Board Chairman)
  • Fred Ely (Board Treasurer)
  • Patrick Stewart (Board Member)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charlotte Eagles Inc. is an interdenominational mission agency dedicated to training high level athletes to communicate the good news of Jesus Christ through the environment of soccer.

What it reported doing in 2014

The Charlotte Eagles, Inc. equips high-level soccer players physically and spiritually so they can transform lives and communities through modeling a lifestyle of servanthood, community involvement, and youth mentoring. The players are actively involved in Eagles' programs in the Charlotte area such as camps, clinics, and youth club coaching. The credibility that the players attain by playing at some of the highest levels of competitive sports provides a unique platform for acting as role models for the youth with whom they can come into contact. The soccer camps, clinics and youth club teams offer an environment where players can develop a mentoring relationship with the youth so they can effectively communicate about issues concerning the youth culture: drugs, smoking, alcohol, and at risk sexual behavior. The players also make appearances at schools and churches to speak about these issues.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 35
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.8%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

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: 0.2%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 3.5% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: -32.4% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 99.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $133K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Sustainability: Operating margin scored 35/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.