Pure Youth Athletics Alliance Inc

Nonprofit profile at a glance

EIN
455226345
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-N 2016
Location
Memphis, TN, USA
Phone
9012640245
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$4,202,851
Expenses
$2,898,196
Assets
$6,517,720
Liabilities
$3,589,276

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

Leadership & pay

17 people listed

Executive titles in this filing

  • MELVIN COLE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MELVIN COLE (EXECUTIVE DIRECTOR): $123,396 total reported compensation

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

Overview

Mission

Our mission, as an accredited category 1 private 365-day boarding high school for under-resourced neighborhood young men, is to develop these students into community-minded productive leaders by providing a comprehensive education in a supportive residential environment. Students voluntarily enroll with family approval, gaining access to an unparalleled structure designed to break cycles of generational poverty and underachievement.

What it reported doing in 2024

Academic & residential program- our key advantage is our ability to structure 70% of a student's annual time under adult supervision thereby creating an immersive environment that accelerates academic growth, personal development, and life readiness. Most of our students enter high school testing significantly below grade level. We bridge this gap through a school program that includes an agristem curriculum, career and technical education (cte), credit recovery and dual enrollment opportunities. Our extended after school schedule allows for mandatory individualized tutoring, trauma counseling, athletic and wellness programs, consistent nutrition and sleep routines, and summer college tours. Traditional schools cannot effectively deliver many of these programs : number of students served: 50

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 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 87
  • Accountability: 90
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.8%; rating input score 52
  • Program expense ratio: 72.7%; rating input score 73
  • Fundraising efficiency: $15.1 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 31%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 2.25; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.55; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 4.3%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 37.6% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 42.7% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 53.2% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 51.8% of revenue deployed · 72.7% of spending went to programs
  • Governance: 16 of 16 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.1M in reported program spending
  • Leadership: top reported pay $123K · 17 people listed
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 51/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • Review — Sustainability: Officer compensation ratio scored 59/100.