Kids Chance of Florida
Nonprofit profile at a glance
- EIN
- 810724553
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- Sarasota, FL, USA
- Phone
- 8669272667
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $149,600
- Expenses
- $109,392
- Assets
- $401,484
- Liabilities
- $87,236
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
People named in this filing
- KIMBERLY STAATS (DIRECTOR/PRE)
- JAMES MCCONNAUGHHAY (DIRECTOR)
- ANDREW SABOLIC (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Kids' chance was established for the purpose of providing educational opportunities and scholarships for the children of workers seriously injured or killed on the job. Kids' chance believes children are society's most valuable resource. We have an obligation to give children the tools they need to succeed in life. Access to higher education ensures that children have the necessary skills to be successsful in the workplace. Investing in our children's future provides them the opportunity to make a difference in their own and other people's lives.
What it reported doing in 2024
Provide educational opportunities and scholarships for the children of workers seriously injured or killed on the job
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 69% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 100
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.3%; rating input score 59
- Program expense ratio: 81.1%; rating input score 81
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: 26.9%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 3.67; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 13.8%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 8.6% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 17.9% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 59.3% of revenue deployed · 81.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $89K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2018 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.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- High — Sustainability: Officer compensation ratio scored 19/100.