Skye Sports Academy

Nonprofit profile at a glance

EIN
820931069
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023
Location
Swansea, IL, USA
Phone
6184201081
Rating
36
Verdict
REVIEW
Rating confidence
Moderate
Sector
Camps

Official website

Reported finances

Revenue
$73,378
Expenses
$73,378
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Shardae King (CEO)
  • Kristin King Winfrey (Vice President)

People named in this filing

  • Shardae King (CEO)
  • Kristin King Winfrey (Vice President)
  • Nicholas King (Program 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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary exempt purpose of Skye Sports Academy is to operate as a public charitable corporation under Section 501(c)(3) of the Internal Revenue Code. Skye Sports Academy provides essential support to student athletes through comprehensive educational and sports instruction programs aimed at fostering academic success and athletic skill development.

What it reported doing in 2023

Basketball 7th grade Tournament Champs- Peoria Tournament Champs 7th grade Tournament Champs- Cape Girardeau 5 Star Arch Mayhem Spring Jam High School 2nd place- Cape Girardeau 5 Star Arch Mayhem Spring Jam 7th grade Tournament Champs- Hoops Midwest Columbia, MO High School Tournament Champs- Hoops Midwest, Columbia, MO 8th grade Tournament Champs- Premier Hoops, St. Louis, MO Reebok Series Player of the games. Volleyball 11s 11 Black team won the Silver Championship in the Ozark Power League Grand Prix Stratman Sports Series at Legacy 2nd Place Gold Championship Stratman Sports Series at Steel Shed Runner up Silver Championship 12s 7th overall in AAU Ozark Power League Participated in STL Nike MEQ as a combined team 3rd at Crossfire Tournament- only team to give HP Diamond their first loss All 12U girls successfully served overhand by the end of the season 1st in Silver Bracket at Naptown Jamboree as a combined team. 13 Black for placing 1st in the Silver Championship Stratman Sports Series Tournament! 14u 14s for finishing 2nd in Gold in the Panther Classic Tournament in Greenville! 1st Greenville Tournament Gold Champions March 14s Series 5th Naptown Tournament Premier Division Adidas Naptown Jamboree 12s - Congratulations to our 12s for winning the Silver Championship! You deserve it! 15s - Congratulations on winning the Bronze Championship! 14s - They played hard finishing 3-1 in their pool, placing them in the Gold Bracket. They came up short for the win but played competitively and did not give up! Way to play hard! 13s - Our 13s worked hard and finished 2nd in their pool which earned them a spot in the Silver Bracket. The came up short by one match from competing in the championship game.

Operating model

Revenue model
Earned-program. 91% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd 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: -200% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: 26.2% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.