Competitive By Nature

Nonprofit profile at a glance

EIN
834579823
IRS 990-PF coverage
2020–2023
Forms available
Form 990-PF 2023
Location
Washington, DC, USA
Rating
78
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Physical Fitness and Community Recreational Facilities

Reported finances

Revenue
$22,804
Expenses
$28,925

Source: IRS Form 990-PF. Selected filing: tax year 2023. Amounts in USD.

Overview

Mission

Physical Fitness and Community Recreational Facilities

What it reported funding in 2023

The foundation reported 1 grant totaling $1,840. The stated grant purpose was cutz4kidz is an enrichment program presented by competitive by nature. initiated in february 2019 the program was designed to connect grade-school children with local licensed barbers dedicated to improving the well-being of youth in the community. cutz4kidz aims to provide participating children with an additional boost of confidence and sense of self-respect that comes with being well-groomed. the program is free to children and their families and only requires those participating to practice relative literary skills by reading to their barber from books provided by competitive by nature and ketcham elementary school..

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

SUPPORTED - A large share of available resources goes to charitable grants and the filed numbers largely add up. A relatively small share of spending goes to grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 6
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 69

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 40th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 6.4%; rating input score 6; 44th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 5.22; rating input score 69; 69th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 69th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 4 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Cost Efficiency: Grant expense ratio scored 6/100.