Royal Palm Beach Soccer Inc
Nonprofit profile at a glance
- EIN
- 651014696
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Royal Palm Beach, FL, USA
- Phone
- 5617537001
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $916,806
- Expenses
- $910,677
- Assets
- $178,651
- Liabilities
- $71,416
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- MALIK HASAN (PRESIDENT)
- VANESSA DONADIO (VICE PRESIDENT)
Highest reported compensation
- MALIK HASAN (PRESIDENT): $85,750 total reported compensation
- SHENOY RAGHURAJ (DIRECTOR): $29,312 total reported compensation
- FERNANDO CASAL (DIRECTOR/SECRETARY): $15,740 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 provide a youth soccer program.
What it reported doing in 2024
To provide a competitive and recreational soccer program for the youth of royal palm beach. Approximatly 1250 children are enrolled in the program.
Operating model
- Revenue model
- Earned-program. 98% 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. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 90
- Accountability: 72
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.4%; rating input score 92
- Program expense ratio: 93%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 5th 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.7%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 0.2; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 15.1%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 14.6% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 14.2% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 14.8% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 92.4% of revenue deployed · 93% of spending went to programs
- Governance: 8 of 8 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $847K in reported program spending
- Leadership: top reported pay $86K · 8 people listed
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 5 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 6 of 9 not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- High — Sustainability: Officer compensation ratio scored 23/100.