Make It 8 Inc

Nonprofit profile at a glance

EIN
863838576
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Bayville, NY, USA
Phone
2128517800
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$32,136
Expenses
$17,654
Assets
$43,146
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • MATTHEW REUTER (PRESIDENT & DIRECTOR)

People named in this filing

  • MATTHEW REUTER (PRESIDENT & DIRECTOR)
  • MATTHEW DEFILIPPIS (TREASURER & DIRECTOR)
  • WALID YASSIR (SECRETARY & 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

Make it 8, inc. Is organized exclusively for charitable and educational purposes as specified in section 501(c)(3) of the internal revenue code, including for such purposes, the making to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code. Specifically, the corporation's charitable purposes include making grants to support lacrosse programs run in academic or community-based settings.the organization aims to promote the sport to youth, through the addition of lacrosse to school curricula, establishment and promotion of youth lacrosse clinics, and support of youth teams.

What it reported doing in 2024

Raising and expending funds to support the current club and future varsity lacrosse teams at columbia university as well as local lacrosse charities (citylax and others)

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 100
  • Sustainability: 77
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.6%; rating input score 54
  • Program expense ratio: 96.6%; rating input score 97

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: 45.1%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 2.44; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 90.4% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 65.3% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 74.9% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 53.6% of revenue deployed · 96.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $17K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 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.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.