Iconic Allstars Foundation
Nonprofit profile at a glance
- EIN
- 822829081
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- South Elgin, IL, USA
- Phone
- 8478153206
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $38,883
- Expenses
- $35,598
- Assets
- $20,433
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Meredith Jordan (President)
- Kim Khollman (Vice President)
People named in this filing
- Meredith Jordan (President)
- Kim Khollman (Vice President)
- Yesenia Guerrero (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To fight juvenile delinquency, increase academic accountability, and teach life lessons to children through organized cheer programs and to foster national amateur cheer competition with no part of its activities involving the provision of athletic facilities or equipment.
What it reported doing in 2024
Scholarships are awarded after an application is filled out. Applications must be submitted by September 30th unless it is deemed an emergency situation. Scholarships can be awarded in any value between $100.00-3,000.00. The amount of scholarships awarded depends on the funds available. For the fiscal year ended 6/30/2025, 4 athletes received a total of $4,000.00 in scholarships. The scholarships are paid to the national organization as a credit toward their dues. This allows the athletes to participate in the program.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.1%; rating input score 49
- Program expense ratio: 53.6%; rating input score 54
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 8.4%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 33; 33rd 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: -2% per year; rating input score 0; 42nd percentile among comparable filings
- Revenue growth: 118.5% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 17.5% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 49.1% of revenue deployed · 53.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $19K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.