Croquet Foundation of America Inc

Nonprofit profile at a glance

EIN
133008386
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
West Palm Beach, FL, USA
Phone
5614782300
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,621,945
Expenses
$1,514,132
Assets
$6,062,702
Liabilities
$1,346,435

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

Leadership & pay

15 people listed

Executive titles in this filing

  • W DAVID MCCOY (CHAIRMAN & CEO)
  • HAROLD DENTON (PRESIDENT & COO)
  • DAVID KEPNER (EXECUTIVE VICE PRESIDENT)

Highest reported compensation

  • MARIA SWEETSER (GENERAL MANAGER): $132,727 total reported compensation
  • OMERO TORRES (GROUND SUPERVISOR): $117,709 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote interest in the sport of croquet and other sports; to give and promote entertainment, lectures, social affairs, celebrations, exhibitions, games, amusements of any and all descriptions for the general enjoyment and instruction of the general public; to provide matches for the general public for the benefit, enjoyment and instruction of the public; and to promote the improvement and advancement of the sport of croquet along with providing facilities for carrying on programs of education and the supplying of information on the sport of croquet.

What it reported doing in 2024

To provide facilities and equipment to various organizations and to the general public to promote the sport of croquet. Over 22,000 individuals from around the country and the local area took advantage of the facilities and the equipment by participating in classes and organized play. Approximately these individuals played 55,000 rounds of croquet. As well to provide programs of education through demonstration and clinics so that people of all ages have the opportunity to learn and play the game of croquet. Tournaments were provided for the benefit and enjoyment for people of all ages to further the sport of croquet. Overall, over 7,200 people took part in the educational programs and tournaments. The organization provides the opportunity for all people to play croquet. Over 1,300 rounds of croquet were enjoyed by athletes from the special olympics-palm beach county croquet club, veterans from the american legion, vfw, the va hospital, boys and girls clubs, and seniors celebrating national senior health and fitness day.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.6%; rating input score 65
  • Program expense ratio: 64.8%; rating input score 65
  • Fundraising efficiency: $9.87 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 6.6%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 4; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 16.5%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 5.8% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 8.7% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 20th percentile among comparable filings

Details

  • Where the money goes: 64.6% of revenue deployed · 64.8% of spending went to programs
  • Governance: 13 of 13 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $980K in reported program spending
  • Leadership: top reported pay $133K · 15 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • 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 — Financial Efficiency: Fundraising efficiency scored 37/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.