Lenape Valley Recreation Council Inc

Nonprofit profile at a glance

EIN
236463350
IRS 990-EZ coverage
2020–2020
Forms available
Form 990 2017, Form 990-EZ 2020
Location
Chalfont, PA, USA
Phone
2672531657
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$108,282
Expenses
$141,486
Assets
$143,223

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • VINCE CORBETT (President)
  • CRAIG COLLIER (Vice President)

People named in this filing

  • VINCE CORBETT (President)
  • CRAIG COLLIER (Vice President)
  • BERNARD P ROONEY JR (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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The lenape valley recreation council, founded as a non profit charitable organization in 1965, sponsors recreational programs for the youth of the community. The association is dedicated to developing the qualities of sportsmanship, integrity and self confidence in the children. Participants learn the fundamentals of sports while the rules of good conduct are stressed and self discipline is encouraged. Over the last 34 years, the program has grown to over 2000 boys and girls participating in five leagues.

What it reported doing in 2020

Baseball, softball, basketball, football and hockey programs for children ages 5 to 16. Over 2,000 children benefit from these programs.

Operating model

Revenue model
Membership-supported. 88% of the money available for current operations came from membership dues.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • 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: Limited

Sustainability

  • Operating margin: -30.7%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 1.01; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -18.1% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -8.2% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $144K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.