Cpm Billfish Tournament

Nonprofit profile at a glance

EIN
863974613
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Morehead City, NC, USA
Phone
9193681835
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$159,927
Expenses
$169,356
Assets
$67,062

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • JOHNATHAN ROBERTS (PRESIDENT)

People named in this filing

  • JOHNATHAN ROBERTS (PRESIDENT)
  • JUSTIN CLEVE (VICE PRESIDE)
  • NINA MILLER (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 advance the public's awareness, education, and understanding of cancers of the blood, such as leukemia and lymphoma, and to raise funds that will support research to adavance cures of these cancers, as well as improve the quality of life of patients and their families.

What it reported doing in 2024

Promoting, developing, and executing an annual billfish fishing tournament through which it will raise funds that will be committed to and directed organization, foundations, corporations, societies, educational and reasearch insitutions for the support of blood cancer cure research and the support of patients and their families who are navigating cancer treatment.

Operating model

Revenue model
Donor-supported. 73% 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: 82
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -5.9%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 47.4% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 25.6% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 11% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $169K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 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 21/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.