Gazelle Sports Foundation
Nonprofit profile at a glance
- EIN
- 464332296
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-EZ 2016
- Location
- Kalamazoo, MI, USA
- Phone
- 2693429950
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Corporate Foundations
Reported finances
- Revenue
- $165,268
- Expenses
- $187,336
- Assets
- $146,900
- Liabilities
- $30,561
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JENNIFER BRUMMITT (PRESIDENT)
People named in this filing
- JENNIFER BRUMMITT (PRESIDENT)
- JEAN SEQUITE (TREASURER)
- CARA CROSS (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support individuals and organizations that implement education programs and activities involving movement/fitness, focusing on groups that have barriers to integrating fitness in their lives, including those of lower income. Grantees will include a broader segment of our community's population involved in movement/fitness, therefore improving overall community health.
What it reported doing in 2024
To support individuals and organizations that implement education programs and activities involving movement/fitness.
Operating model
- Revenue model
- Earned-program. 68% 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. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 29
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.2%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -13.4%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -9.5% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 10.9% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.2% of spending went to programs
- Governance: 7 of 7 board members independent · 4 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $186K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 8 filing years from 2017 to 2024
- 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: 2 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 19/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.