Port Jervis Soap Box Derby Inc
Nonprofit profile at a glance
- EIN
- 461469899
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- Glen Spey, NY, USA
- Phone
- 8458001000
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $37,605
- Expenses
- $35,048
- Assets
- $91,583
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Wayne Addy (Vice President)
- William McKerrell (President)
People named in this filing
- Wayne Addy (Vice President)
- Tanja McKerrell (Treasurer)
- Tanya Addy (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide opportunities for young children in the community to race in a fair and safe environment.
What it reported doing in 2024
Provides scholarships to local high schol graduates.Provide opportunities for local communities to participate in racing.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 91% 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. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.5%; rating input score 93
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.8%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 2.61; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 0.4% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 2.1% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 93.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $35K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2016 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 — Sustainability: Operating margin scored 57/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.