Signature Foundation Inc

Nonprofit profile at a glance

EIN
830581393
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Tampa, FL, USA
Phone
4104767443
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Amateur Sports Competitions

Reported finances

Revenue
$68,165
Expenses
$56,201
Assets
$11,964

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

Leadership & pay

3 people listed

Executive titles in this filing

  • MADELINE SOVIERO (PRESIDENT)

People named in this filing

  • MADELINE SOVIERO (PRESIDENT)
  • DANIEL SOVIERO (DIRECTOR)
  • CALDER ALFANO (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

At the signature foundation, we believe sport is a right, not a privilege. Every kid deserves the chance to play, grow, and thrive through the power of sports. Were a team of athletes, coaches, and community builders working to eliminate the financial and systemic barriers that prevent kids from participating in youth sports. Everything we do is rooted in one promise: no kid left behind in sport. Our goal is bold and urgent: to create access to sport for 10 million kids by 2030.

What it reported doing in 2024

To give every kid the same sense of purpose, direction, and possibility that we were fortunate to find through sport. We believe that sport has the power to change lives. Thats why were working to build a world where all kids (no matter their zip code, income, or background) have the same access to mentorship, teamwork, and the life- changing joy of play. The signature foundation is part of the signature athletics ecosystem; a unified platform of sports brands built to empower the next generation of athletes. Whether its through uniforms, camps, or media, the mission remains the same: give every kid the opportunity to play.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 83% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.2%; rating input score 63
  • Program expense ratio: 76.7%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 17.6%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 0.21; rating input score 17; 17th 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: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 63.2% of revenue deployed · 76.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $43K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • 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 — Sustainability: Total-asset coverage ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.