Real Fencing Inc
Nonprofit profile at a glance
- EIN
- 330988669
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Santa Ana, CA, USA
- Phone
- 7145492946
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $454,774
- Expenses
- $456,057
- Assets
- $90,177
- Liabilities
- $26,504
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Brenden Richard (President)
- Missag Parseghian (Vice President)
Highest reported compensation
- Brenden Richard (President): $35,100 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support, enchance and develop the sport of fencing making it accessible to children, young adults and adults who might not otherwise be able to learn the sport. To provide a place for schools in the community, that do not have the appropriate instruction and/or facilities, to send their students who are interested in the sport of fencing. To provide members of the community who have an interest in the sport of fencing, an appropriate facility to fence. To provide quality instruction and facilities for all age groups, children to adults, who would like to fence competitively.
What it reported doing in 2024
Introductory to competitive classes given to allow students the opportunity to be introduced to and learn the sport of fencing, as well as the opportunity to compete in tournaments.
Operating model
- Revenue model
- Earned-program. 96% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 90
- Accountability: 75
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.7%; rating input score 91
- Program expense ratio: 90.5%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 20th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.3%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 0.2; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 7.7%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 16.2% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 16.3% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 90.7% of revenue deployed · 90.5% of spending went to programs
- Governance: 3 of 4 board members independent · 6 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $413K in reported program spending
- Leadership: top reported pay $35K · 4 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.