Checkers Charitable Foundation
Nonprofit profile at a glance
- EIN
- 465732578
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020, Form 990-T 2024
- Location
- Charlotte, NC, USA
- Phone
- 7045889463
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $156,851
- Expenses
- $130,084
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- JAMIE BLACK (DIRECTOR)
- MICHAEL KAHN (DIRECTOR)
- TERA BLACK (CHIEF OPERATING OFFICER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The checkers charitable foundation exists to assist in the funding of non-profits in the carolinas that focus on promoting the health, character, education and success of children and adolescents.
What it reported doing in 2024
To act as the charitable arm of the Charlotte Checkers hockey team. The Foundation is dedicated to supporting and creating initiatives in education, athletics and the development of youth. The Foundation exists to fund programs of not-for-profit organizations in the Carolinas whose missions promote the health, character, education, and success of children and adolescents, with emphasis on education, at risk youth programming and childhood cancers. To receive and disburse any money, funds, legacies, gifts or donations of any type or kind whatsoever for use in the furtherance of the aforementioned purposes.
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 92% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 74
- Accountability: 25
- Sustainability: 41
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.9%; rating input score 78
- Program expense ratio: 93.9%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 40.8%; rating input score 41; 40th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 33.3%; rating input score 33; 15th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 17.1%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -2% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 77.9% of revenue deployed · 93.9% of spending went to programs
- Governance: 1 of 3 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $122K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 17 of 18 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 4 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 5 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.
- Moderate — Accountability: Independent voting board scored 33/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Moderate — Transparency & Controls: Grant itemization coverage scored 41/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.