Laru Beya Collective Incorporated

Nonprofit profile at a glance

EIN
842451992
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2021
Location
Far Rockaway, NY, USA
Rating
51
Verdict
MIXED
Rating confidence
Moderate
Sector
Youth Community Service Clubs

Reported finances

Revenue
$239,790
Expenses
$194,001
Assets
$285,579
Liabilities
$285,579

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Aydon Gabrouel (Executive Director)

Highest reported compensation

  • Atongular Monique Donaldson (Community Outreach Program Director): $35,301 total reported compensation
  • Aydon Gabrouel (Executive Director): $20,000 total reported compensation
  • Seraphina BeluJohn (Events Director): $19,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Laru Beya Collective is a 501c3 non-profit organization dedicated to empowering the historically excluded youth of the Far Rockaways through surfing. Mission: To empower historically excluded youth through activities like surfing water safety education and mentorship

What it reported doing in 2024

Budget: $56,500 FY24 % of Budget: 94% Accomplishments: ? Served 132 youth in 2024 surf therapy sessions 75% girls and 25% boys. ? conducted a 12-week curriculum blending surf instruction mindfulness and community building. ? Integrated mental wellness check-ins and peer mentorship circles. ? Documented measurable improvements in confidence emotional regulation and water comfort levels.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

MIXED - The filed numbers largely add up and revenue has grown recently. Some filing-based governance responses are negative or unanswered and a relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 35
  • Transparency & Controls: 100
  • Accountability: 5
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.8%; rating input score 36
  • Program expense ratio: 44.2%; rating input score 44
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 1 of 9 controls in place; rating input score 11
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19.1%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 1.47; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 1; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 38.4%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 50.8% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 76.7% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 35.8% of revenue deployed · 44.2% of spending went to programs
  • Governance: 1 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $86K in reported program spending
  • Leadership: top reported pay $35K · 3 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 6 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.

  • High — Accountability: Governance controls: 7 of 8 not reported.
  • Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 44/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.