Hardee Athletic Foundation Inc
Nonprofit profile at a glance
- EIN
- 262383411
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024, Form 990-N 2007
- Location
- Wauchula, FL, USA
- Phone
- 8637736499
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $178,343
- Expenses
- $125,105
- Assets
- $85,950
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- PAUL SAMUELS (PRESIDENT)
People named in this filing
- PAUL SAMUELS (PRESIDENT)
- STACY SHARP (VICE PRESIDE)
- TERESA CRAWFORD (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
The purpose of the hardee athletic foundation shall be the accumulation and disbursement of funds for charitable purporses, relating to sports and/or education in and around hardee county.
What it reported doing in 2024
Reimbursements made to student athletes for their academic pursuits (act class and scholarships)
Operating model
- Revenue model
- Donor-supported. 83% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 85% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.3%; rating input score 63
- Program expense ratio: 90.2%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 29.9%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 0.69; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 3.2% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 7.9% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: -10.3% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 63.3% of revenue deployed · 90.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $113K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.