Max Velocity Prep Inc
Nonprofit profile at a glance
- EIN
- 883931822
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- San Jose, CA, USA
- Phone
- 6695886117
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Recreation& Sports N.E.C.
Reported finances
- Revenue
- $164,711
- Expenses
- $156,460
- Assets
- $12,407
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Eddie Simpson (Executive Director)
People named in this filing
- Eddie Simpson (Executive Director)
- Ryan Oden (Director of Opreation)
- Andrea Tu'ua (Director of Adminstration)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Max Velocity Prep's primary exempt purpose is to promote youth development through organized track and field training, competition, education, and mentorship. The organization provides young athletes with access to qualified coaching, athletic instruction, conditioning, equipment, and opportunities to participate in local, regional, and national competitions. Our programs encourage physical fitness, discipline, teamwork, confidence, leadership, academic responsibility, and good sportsmanship. We strive to create a safe and supportive environment for athletes of varying backgrounds and ability levels while reducing financial and logistical barriers to participation in youth athletics.
What it reported doing in 2025
Max Velocity Prep provided year-round track and field training, competition support, and mentorship to approximately 60 youth athletes. Services included qualified coaching, physical conditioning, event-specific instruction, strength and mobility development, meet registration, competition coaching, team travel coordination, uniforms, and equipment. Athletes also received guidance in discipline, teamwork, leadership, goal setting, academic responsibility, college preparation, and sportsmanship. The program provided a safe and supportive environment while helping reduce financial and logistical barriers to participation in local, regional, and national competitions.
Operating model
- Revenue model
- Membership-supported. 69% of the money available for current operations came from membership dues.
- 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
REVIEW - The filed numbers largely add up and revenue 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: 3
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3%; rating input score 3
- Program expense ratio: 3.2%; rating input score 3
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 5%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 19.2%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: -168% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: 62.7% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 99.6% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 3% of revenue deployed · 3.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 3 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 — Financial Efficiency: Mission deployment rate scored 3/100.
- High — Financial Efficiency: Program expense ratio scored 3/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Officer compensation ratio scored 17/100.