Florida Youth Lacrosse Foundation Inc

Nonprofit profile at a glance

EIN
800024170
IRS 990-EZ coverage
2009–2015
Forms available
Form 990-EZ 2015
Location
Boca Raton, FL, USA
Phone
5613916100
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Amateur Sports

Official website

Reported finances

Revenue
$27,907
Expenses
$45,518
Assets
$107,033

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Richard Barba (President)
  • Brian Clinton (Vice President)
  • Don Clinton (Vice President)

People named in this filing

  • Richard Barba (President)
  • Brian Clinton (Vice President)
  • Don Clinton (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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary goal of the Florida Youth Lacrosse Foundation, Inc. is to provide support for youth lacrosse programs throughout the State of Florida. The Foundation wants to encourage the explosive growth of the sport by providing guidance and resources to new or struggling programs.Applicant programs must be located in the State of Florida and be able to demonstrate a true financial need. The Foundation is not intended to support "for profit" organizations or events. A team with financial need is defined as a program for which current participant and outside financial contributions cannot fully cover associated costs.

What it reported doing in 2015

In the fiscal year ended September 30, 2016 the Florida Youth Lacrosse Foundation underwrote a youth goalie clinic. Several of the nation's outstanding goalie coaches were brought to South Florida and presented a clinic and hands-on instruction to over 75 girls and boys.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of total spending goes to programs and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 82
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.9%; rating input score 62
  • Program expense ratio: 37.9%; rating input score 38

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -63.1%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 2.35; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 14.2% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 4.5% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 9.1% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 61.9% of revenue deployed · 37.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $17K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2009 to 2015
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Program expense ratio scored 38/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 10/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.