Red & Black Sports Club Inc

Nonprofit profile at a glance

EIN
274683344
IRS 990-EZ coverage
2013–2024
Forms available
Form 990 2011, Form 990-EZ 2024
Location
New Smyrna Beach, FL, USA
Phone
9042376312
Rating confidence
Limited
Sector
Basketball

Reported finances

Expenses
$27,861
Assets
$52,959
Liabilities
$37,162

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

Leadership & pay

3 people listed

People named in this filing

  • MARK A PERNELL (DIRECTOR)
  • JACK HOLCOMB (DIRECTOR)
  • KENNY KANE (DIRECTOR)

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

The mission of red & black sports club inc is to provide all of the children in southeast volusia county an opportunity to play sports regardless of his or her experience, religion, race or their parent's financial status. They shall provide the necessary leadership, training, and support to make sports a positive learning experience for all children involved.

What it reported doing in 2024

Purchase of football, softball, volleyball, basketball and other sports equipment and uniforms for new smyrna beach high school, new smyrna beach, Florida.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 23
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • 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: Limited
  • Total-asset coverage ratio: 1.9; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.7; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: -1.4% per year; rating input score 0; 65th percentile among comparable filings
  • Revenue growth: -2.9% per year; rating input score 0; 66th percentile among comparable filings
  • Asset growth: 10% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $28K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.