Round Up Inc

Nonprofit profile at a glance

EIN
364895070
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2022
Location
Midland, TX, USA
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$295,780
Expenses
$305,473
Assets
$143,873
Liabilities
$0

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

Leadership & pay

5 people listed

People named in this filing

  • Jerry Norman (Chairman)
  • JR Norman (Chairman)
  • Denise Norman (Chairman)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Our mission is to train and teach amateur students to compete at a national and international level and impact their community through life skills, positive influence, and service.

What it reported doing in 2024

At the Pow5r Sports League, our mission is to ignite the passion for sports in the hearts of young athletes aged 5 to 11, shaping them into well-rounded individuals who embody the values of sportsmanship, camaraderie, and personal growth. Central to our commitment is the implementation of the 3C's Program a holistic approach designed to cultivate Character, Community Awareness, and a Champion Attitude. We believe that sports extend beyond the field, and through this program, we aim to instill essential life skills in our youth. Character development forms the bedrock, emphasizing integrity, resilience, and respect. Community Awareness fosters a sense of responsibility and empathy, encouraging our young athletes to be active contributors to society. The Champion Attitude aspect focuses on instilling a mindset of perseverance, teamwork, and a commitment to excellence. Together, these pillars form the foundation of our mission, guiding the Pow5r Sports League as we empower the next generation of athletes to thrive not only in sports but in all facets of life.

Operating model

Revenue model
Earned-program. 60% 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

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 90
  • Accountability: 0
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62%; rating input score 62
  • Program expense ratio: 60.1%; rating input score 60
  • 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: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.3%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 4% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 18.4% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 180.8% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 62% of revenue deployed · 60.1% of spending went to programs
  • Governance: 0 of 5 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $183K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2023 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.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.