Crusader Athletic Association Inc

Nonprofit profile at a glance

EIN
205100094
IRS 990-EZ coverage
2009–2009
Forms available
Form 990-EZ 2009
Location
Virginia Beach, VA, USA
Phone
7574672679
Rating
45
Verdict
MIXED
Rating confidence
Moderate
Sector
Sports Associations &Training Facilities
Affiliation
Christianity

Reported finances

Revenue
$137,967
Expenses
$121,929
Assets
$587,577

Source: IRS Form 990-EZ. Selected filing: tax year 2009. Amounts in USD.

Leadership & pay

5 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2009. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is organized and operated exclusively for the benefit of bishop sullivan catholic high school. The school is an educational organization formed under section 501(c)(3) of the internal revenue code that provides a college preparatory education which nurtures the intellect, shapes character, and forms christian values. The corporation will develop and operate an athletic facility for the use of the school's athletic teams.

What it reported doing in 2009

The organization continues the construction of a locker room, adjacent to the turf field, for the benefit of the sports programs at Bishop Sullivan Catholic High School. The locker room has not yet been placed in service. In addition, the Association contributed to Bishop Sullivan Catholic High School's Athletic Program to purchase equipment for the football team.

Operating model

Revenue model
Other-operating. 78% of the money available for current operations came from other operating revenue.
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 3
  • Transparency & Controls: 100
  • Sustainability: 62
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 3%; rating input score 3
  • Program expense ratio: 3.4%; rating input score 3

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 11.6%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 4.82; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 3% of revenue deployed · 3.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • 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 — Financial Efficiency: Mission deployment rate scored 3/100.
  • High — Financial Efficiency: Program expense ratio scored 3/100.