East Ridge Athletic Association

Nonprofit profile at a glance

EIN
263181898
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-N 2008
Location
Woodbury, MN, USA
Phone
5073587221
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Amateur Sports

Official website

Reported finances

Revenue
$1,766,882
Expenses
$1,613,140
Assets
$1,598,735
Liabilities
$904,215

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

Leadership & pay

15 people listed

Executive titles in this filing

  • SCOTT DRIKAKIS (PRESIDENT)

Highest reported compensation

  • JOHN CATER (SOCCER DIR.): $68,900 total reported compensation
  • DAVE HIEB (BASEBALL DIR): $1,710 total reported compensation
  • NICCI BARILLA (VICE PRESIDE): $1,650 total reported compensation

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

Overview

Mission

Our mission is to support athletes who live within the east ridge high school boundary in developing sport and teamwork skills. We strive to create a positive environment for east ridge players to learn, grow and develop as individuals and athletes. Purpose: the purpose of the east ridge athletic association (hereinafter eraa) shall be to promote and operate athletic programs for youth residing within the boundary and attendance area of east ridge high school, independent school district 833. Deviation from the eligibility area will require approval by the sport board director and reviewed by the executive board of directors (hereinafter executive board). Eraa is organized exclusively for charitable purposes with the meaning of section 501(c)(3) of the internal revenue code.

What it reported doing in 2024

Provide training, uniforms, pay for field use, pay for league fees, umpires, equipment, insurance and member costs to allow youth in the east ridge school attendance boundaries a safe and fun environment to enjoy various athletic activities. We have baseball, softball, basketball, football, track and field, volleyball, tennis and soccer.

Operating model

Revenue model
Earned-program. 95% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 90
  • Accountability: 67
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.2%; rating input score 88
  • Program expense ratio: 96.3%; rating input score 96
  • Fundraising efficiency: Limited

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 14th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 8.7%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.99; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.57; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 4.8%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 7.9% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 7.7% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 14.1% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 88.2% of revenue deployed · 96.3% of spending went to programs
  • Governance: 10 of 15 board members independent · 6 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $1.6M in reported program spending
  • Leadership: top reported pay $69K · 15 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 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.

  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • Review — Sustainability: Operating margin scored 59/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.