Sasebo Spouses Club

Nonprofit profile at a glance

EIN
301094370
IRS 990-EZ coverage
2019–2020
Forms available
Form 990 2018, Form 990-EZ 2020
Location
FPO, AP, USA
Phone
0701761342
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$1,073
Expenses
$45,251
Assets
$8,016

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Corinne Marek (President)
  • Yvonne Jones (Vice President)

People named in this filing

  • Corinne Marek (President)
  • Jordan Robinson (Secretary)
  • Kylene Yanase (Treasurer)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide social, civic and community services to US Fleet Activiities in Sasebo, Japan, the local area and international relief.

What it reported doing in 2020

Thrift Shop: The organization operated a volunteer run thrift shop aboard the military installation, selling donated household items to fund various Commander Fleet Activities Sasebo (CFAS) groups and activities, and the SSC Scholarship Awards Program. The thrift shop operations were transferred to the Navy Marine Corps Relief Society (NMCRS) on September 15, 2020, per the base Commander. Ownership of its minimal associated assets (all fully depreciated or expensed) were transferred to the 501(c)(3) charitable organization. During the SSC's FY21 management of the thrift shop, no individuals were served.

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
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.

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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 74
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.3%; rating input score 97

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -4,117.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -76% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -116.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -71.6% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $44K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2019 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.