Lakers Sports Club Inc
Nonprofit profile at a glance
- EIN
- 562289345
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Mountain Lakes, NJ, USA
- Phone
- 9733358399
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Racquet Sports
Reported finances
- Revenue
- $55,372
- Expenses
- $51,776
- Assets
- $73,420
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JEANNE SQUEGLIA (President)
People named in this filing
- JEANNE SQUEGLIA (President)
- SETH BUZBY (BOARD MEMBER)
- LIZ FESTA (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
To provide assistance to the athletic programs provided for students at mountain lakes high school, a public high school based in mountain lakes, New Jersey
What it reported doing in 2024
In addition to providing scholarships for mountain lakes high school student athletes and student scholar athletes, the lakers sports club also strives to address the needs of the various athletic programs at our high school to the extent of its financial ability. In addition to recognizing individual and team achievements, the lakers sports club (lsc) also provides funding to all sports programs so that they may take advantage of new technology and research in sports training and fitness.
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
- 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
MIXED - The filed numbers largely add up and program spending 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: 31
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.5%; rating input score 30
- Program expense ratio: 32.6%; rating input score 33
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.5%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 1.42; rating input score 56; 56th 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: 1.1% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: -11.8% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 30.5% of revenue deployed · 32.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $17K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2018 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 30/100.
- Moderate — Financial Efficiency: Program expense ratio scored 33/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Review — Sustainability: Operating margin scored 57/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.