Palo Verde Lacrosse Club

Nonprofit profile at a glance

EIN
300001810
IRS 990-EZ coverage
2011–2015
Forms available
Form 990-EZ 2015, Form 990-N 2010
Location
Las Vegas, NV, USA
Phone
7022775874
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Amateur Sports

Official website

Reported finances

Revenue
$157,817
Expenses
$124,916
Assets
$95,337
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Mark Lovejoy (Past President)
  • Ed Dolegowski (President)
  • Kevin Marsh (Vice President)

People named in this filing

  • Mark Lovejoy (Past President)
  • Ed Dolegowski (President)
  • Kelly Marsh (Secretary)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary purpose of the Palo Verde Lacrosse Club shall be to support and unite local teams, and promote the game of lacrosse by conducting amateur lacrosse competition primarily for boys and girls of Palo Verde High School, Clark County, Nevada as well as for all affiliated middle school lacrosse programs. The goals/objectives of the Club are to: 1) foster teamwork, 2) develop player's physical capabilities and well being, and 3) develop player's sportsmanship, leadership, character and integrity.

What it reported doing in 2015

The Club fielded at total of 8 teams (4 middle school and 4 high school) during the 2015 tax year that provided physical training, coaching and organized league play and tournament travel experiences. Through the Club's lacrosse program, a total of 201 players ranging from 4th through 12th grade benefited from the Club's only program service.

Operating model

Revenue model
Earned-program. 81% of the money available for current operations came from fees and other program revenue.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and the available information about grant readiness automatic revocation leaves an important question unanswered.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.2%; rating input score 79
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 20.8%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 0.76; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 18.9% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 19.8% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 32.7% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 79.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $125K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2011 to 2015
  • 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.

  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.