Innovation Academy Fencing Club Inc

Nonprofit profile at a glance

EIN
873858426
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Alpharetta, GA, USA
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Amateur Sports

Reported finances

Revenue
$87,462
Expenses
$50,614
Assets
$83,641
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Carissa Donges (President)
  • Paul Rafferty (Vice President)

People named in this filing

  • Carissa Donges (President)
  • Paul Rafferty (Vice President)
  • Cherry Rafferty (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 provide financial and educational support and training facilities for young men and women pursuing athletics with a preference toward the sport of Fencing; Provide the equipment, services, and facilities which are not provided for by the school; To teach the values of teamwork, responsibility, mutual respect, self-esteem, leadership and confidence by encouraging participation in local league tournaments as well as various additional conferences and clinics. Promote parent/student involvement by coordinating all supporting activities of the Club. Encourage attendance at Fencing-related functions and total community support of program; Ensure recognition for the Fencing program, its athletes, and coaches.;

What it reported doing in 2024

Introduced 33 new fencers to the sport and supported the entire club of 97 fencers by ensuring regular scheduled practices, participation in a competitive league for further growth, participated in various leadership clinics to further youth fencer's education and hosted banquet to celebrate their accomplishments.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filed totals do not add up and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.3%; rating input score 60
  • 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: Yes; rating input score 100

Sustainability

  • Operating margin: 42.1%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 1.65; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 16.7%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 44.3% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 40.3% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 56.5% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 60.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $53K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 8/100.