Ibis Foundation Inc
Nonprofit profile at a glance
- EIN
- 812905300
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024, Form 990-N 2018
- Location
- Statesboro, GA, USA
- Phone
- 9128711000
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Soccer
Reported finances
- Revenue
- $24,366
- Expenses
- $22,145
- Assets
- $70,926
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- DR FRANCIS DESIDERIO (PRESIDENT)
People named in this filing
- DR FRANCIS DESIDERIO (PRESIDENT)
- DENNIS KEY (BOARD MEMBER)
- MANDY EDWARDS (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
Formed in january 2017, the vision of the ibis foundation is simple, focusing on the benefits of a soccer lifestyle by teaching the fundamentals of the sport at the highest level in a healthy and competitive setting. We promote the international sport of soccer by providing accessible resources and opportunities for players to properly train, learn, and improve soccer skills.
What it reported doing in 2024
To promote the international sport of soccer by providing accessible resources and opportunities for players to properly train, learn and improve soccer skills.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 58
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.9%; rating input score 91
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.1%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 3.2; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -26.9% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: -34.4% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 22.9% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 90.9% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $22K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.