Palm Beach Gardens Youth Athletic Associationinc

Nonprofit profile at a glance

EIN
237299387
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Palm Beach Gardens, FL, USA
Phone
5615942859
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$4,884,772
Expenses
$4,723,836
Assets
$2,037,815
Liabilities
$333,870

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

Leadership & pay

15 people listed

Executive titles in this filing

  • NICK HAFFEY (PRESIDENT - FLAG FOOTBALL)
  • BENJAMIN SCHWAB (PRESIDENT - BASKETBALL)
  • HAL VENOFF (VICE PRESIDENT)
  • CASEY HAGGERTY (PRESIDENT - BASEBALL)
  • KRISTIN COLEMAN (PRESIDENT - SOFTBALL)
  • MANOLO CALVO (PRESIDENT)

Highest reported compensation

  • DEBRA MARCHESANI (CONTROLLER): $134,159 total reported compensation

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

Overview

Mission

Youth athletic league that supports, sponsors and promotes sports, recreation & safety programs for school-aged children (k-12th) for residents of palm beach gardens and the surrounding areas.

What it reported doing in 2024

Soccer: a recreation, competitive travel, tops, and summer camp program for school aged children (4-17) from palm beach gardens and surrounding communities. The program serves approximately 1,400 recreation players in each spring and fall season, 700 competitive players, 250 summercamp, and 80 tops players. The tops program is a 10-week program helping children with disabilities learn the fundamentals of soccer from specialized coaches and buddies in a fun and safe environment. The soccer club also hosts 2 competitive travel tournaments serving approximately 260 in-state and some out-of-state teams. The recreation program hosts a kickforthecure weekend each october donating and matching proceeds to local breast cancer charities. Scholarships are awarded to college bound participants every year.

Operating model

Revenue model
Earned-program. 86% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 98% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 88
  • Accountability: 84
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.4%; rating input score 79
  • Program expense ratio: 81.5%; rating input score 82
  • Fundraising efficiency: $13.36 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 94%; rating input score 94; 29th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.3%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: 7.4% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: 8.9% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 11% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 79.4% of revenue deployed · 81.5% of spending went to programs
  • Governance: 14 of 14 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $3.9M in reported program spending
  • Leadership: top reported pay $134K · 15 people listed
  • Highest-paid contractors: 3 contractors listed · $342K reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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 — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.