Nflyet Centers of Tampa Bay Inc

Nonprofit profile at a glance

EIN
593733460
IRS 990-EZ coverage
2009–2010
Forms available
Form 990-EZ 2010
Location
Tampa, FL, USA
Phone
7278216323
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Professional Athletic Leagues

Official website

Reported finances

Revenue
$7,690
Expenses
$78,852
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

5 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide at-risk youth in tampa bay with a safe place to be a kid

What it reported doing in 2010

The concept of the nfl youth education town (yet) center was born out of the desire of the national football league to leave a lasting legacy to communities hosting a super bowl, and was founded on the philosophy that by coupling education with recreation, disadvantaged children can overcome the obstacles to success. Nfl yet tampa bay is a collaborative effort of yet, hillsborough county and the city of tampa bay. Yet provides at-risk youth in tampa bay with a safe place to be a kid! Children participate in various sports, educational, social, cultural and health oriented programs designed to enhance their development and provide them with hope and opportunity for the future.

Operating model

Revenue model
Other-operating. 89% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 47% for direct work, and 53% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 1
  • 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; 50th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -925.4%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -30.7% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -131.6% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 1st 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 · $79K in reported program spending
  • Leadership: top reported pay $30K · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2009 to 2010
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.