Flagler County Synchro Belles Inc
Nonprofit profile at a glance
- EIN
- 260641196
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2015, Form 990-EZ 2024
- Location
- Oviedo, FL, USA
- Phone
- 5029991809
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $106,247
- Expenses
- $108,790
- Assets
- $42,960
- Liabilities
- $1,500
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Michael Davidson (President)
- Kimberly Restrepo (Vice President)
People named in this filing
- Michael Davidson (President)
- Christopher Baker (Treasurer)
- Adriana Davidson (Secretary)
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 teach artistic swimming to people aged 18 and under
What it reported doing in 2024
30+ girls under the age of 18 were trained in artistic swimming techniques and competed locally and nationally in artistic swimming events.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program 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
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: 29
- 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: -2.4%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 0.6%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 13.3% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 15.2% per year; rating input score 100; 73rd 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 · $109K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2019 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.
- High — Sustainability: Operating margin scored 27/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Officer compensation ratio scored 25/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.