Fort Worth Adult Soccer Association
Nonprofit profile at a glance
- EIN
- 752215295
- IRS 990 coverage
- 2023–2023
- Forms available
- Form 990 2023
- Location
- Fort Worth, TX, USA
- Phone
- 8173460150
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $249,915
- Expenses
- $233,700
- Assets
- $327,579
- Liabilities
- $1,898
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- JEREMY MORRISON (PRESIDENT)
- ELENA SNYDER (VICE PRESIDENT)
People named in this filing
- JEREMY MORRISON (PRESIDENT)
- ELENA SNYDER (VICE PRESIDENT)
- DOUG CONDIE (SECRETARY/TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote, foster, and advance the cause of soccer for youths and adults within its territory. The mission of fwasa is to educate, provide administrative service, promote and stimulate interest in the game of soccer.
What it reported doing in 2023
To provide continuing soccer programs to the fort worth area for adults. The purpose is to plan soccer activities during the year.
Operating model
- Revenue model
- Earned-program. 98% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 90
- Accountability: 88
- Sustainability: 54
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.1%; rating input score 64
- Program expense ratio: 69.8%; rating input score 70
- 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6.5%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 1.4; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 64.1% of revenue deployed · 69.8% of spending went to programs
- Governance: 13 of 13 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $163K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 3 filed schedules
- 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.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Operating margin scored 55/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.