Cruise 4 Kids

Nonprofit profile at a glance

EIN
465457920
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2019, Form 990-EZ 2024
Location
Vista, CA, USA
Phone
6194151991
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development N.E.C.

Official website

Reported finances

Revenue
$5,706
Expenses
$21,604
Assets
$5,567
Liabilities
$122,113

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

Leadership & pay

2 people listed

Executive titles in this filing

  • NINO VENTURELLA (PRESIDENT)
  • BIANCA VENTURELLA (VICE PRESIDENT)

People named in this filing

  • NINO VENTURELLA (PRESIDENT)
  • BIANCA VENTURELLA (VICE PRESIDENT)

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

Cruise 4 kids' mission is to raise money through our charity events to support and fund other kids and youth organizations on a local, state, federal, and global level. Cruise 4 kids is truly a non-profit meaning that the board members do not take a salary and dedicate their time and resources for free.

What it reported doing in 2024

The teddy ball is an annual black-tie charity fundraiser held on thanksgiving weekend at the hyatt regency la jolla benefitting local children's hospitals and youth programs. Each guest is required to bring a new stuffed teddy bear that is donated to each program.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 14
  • Growth: 40

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: Yes; rating input score 100

Sustainability

  • Operating margin: -278.6%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 21.94; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 10.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: -172.8% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -19.6% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $118K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.