Handshake Columbus Inc
Nonprofit profile at a glance
- EIN
- 473863799
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022, Form 990-N 2015
- Location
- Columbus, OH, USA
- Phone
- 6144771493
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $200,044
- Expenses
- $200,052
- Assets
- $340,970
- Liabilities
- $110,000
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- Doug Probst (Chairman & Director)
- Chris Lanning (Vice Chairman and Director)
- Barry Esposito (Director)
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
Kids learn many life lessons from their athletic experiences - including the value of a good coach. With that premise, Handshake America identifies coachable high-school student-athletes with grit and connects them with successful people that translate lessons from the field to success in life. We coach - not "mentor" - the students to learn the true meaning of success and how they will achieve it with Perseverance, Passion, Positivity, People, and Presence - which includes giving a good handshake! What's in it for the student-athletes? Those selected get to take part in a one-year Program with student-athletes from other area high schools to see many examples of what 'very good' looks like while learning from their Coaches and team sessions. They also receive a significant college scholarship.
What it reported doing in 2024
Scholarships granted to seventy students that successfully completed the program. The program consists of eight scheduled sessions between the Student-Athletes and their Handshake America Coaches over the course of one year. The sessions are workshop-type group discussions focusing on the Handshake America Five Practices of Success. Students learn from their coaches, peers, and special guests providing a diverse viewpoint to each of the Practices.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 64% for direct work, and 36% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
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: 86
- Transparency & Controls: 94
- Accountability: 70
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97%; rating input score 97
- Program expense ratio: 96.9%; rating input score 97
- 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: 100%; rating input score 100; 80th percentile among comparable filings
- 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: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: -0%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 1.7; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 15.3% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 15.5% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 97% of revenue deployed · 96.9% of spending went to programs
- Governance: 12 of 12 board members independent · 2 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $194K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 39/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.