San Francisco Associates

Nonprofit profile at a glance

EIN
320772414
IRS 990 coverage
2025–2025
Forms available
Form 990 2025, Form 990-EZ 2024
Location
San Francisco, CA, USA
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$206,924
Expenses
$172,500
Assets
$190,373
Liabilities
$41,559

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • CINDY NAKAMOTO (Treasurer)
  • MARILYN OSHIRO (CHAIRPERSON)
  • WYMAN LEE (COMMISSIONER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organizations primary exempt purpose is to operate as a social and recreational basketball club organized for the pleasure, recreation, and mutual benefit of its members through the provision of athletic programs, league play, tournaments, training activities, and community-building events. The organization exists to promote physical fitness, teamwork, sportsmanship, and social interaction among its members by offering structured recreational sports opportunities, instructional clinics, and related activities.all programs and events are designed primarily for the enjoyment and participation of members. Revenues are derived largely from member dues, registration fees, and member-based activities. No part of the organizations net earnings inures to the benefit of any private individual, and operations are conducted exclusively to further the recreational and social interests of the membership.

What it reported doing in 2025

The organization operated three primary programs during the tax year to further its exempt purpose as a social and recreational sports club.program 1: league operations weekly league play for members, providing structured athletic engagement. Revenue: registration & league fees. Expenses: referees, uniforms, venue rental, equipment. Expenses: $92,905program 2: tournaments & special events organized tournaments & jamboree events for members. Revenue: tournament entry fees. Expenses: trophies, supplies, gifts & giveaways. Expenses: $24,496program 3: training, clinics, & community activities skills development, scrimmages, and member outings. Expenses: coaching stipends, supplies, insurance. Expenses: $55,099all activities were conducted for the pleasure and recreation of members, and no part of the organizations net earnings inured to the benefit of any private individual.

Operating model

Revenue model
Earned-program. 85% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 95% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 90
  • Accountability: 0
  • Sustainability: 54
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.4%; rating input score 83
  • Program expense ratio: 100%; rating input score 100
  • 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; 8th 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: 16.6%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 1.1; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 11.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 31.1% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 83.4% of revenue deployed · 100% of spending went to programs
  • Governance: 0 of 5 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $172K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • 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: Total-asset coverage ratio scored 43/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.