SLO-Op ClimbingLLC
Nonprofit profile at a glance
- EIN
- 204766238
- IRS 990 coverage
- 2012–2017
- Forms available
- Form 990 2017, Form 990-N 2007
- Location
- San Luis Obispo, CA, USA
- Phone
- 8057481478
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $587,486
- Expenses
- $537,035
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Kristin Horowitz (Executive Director/Treasur)
- Yishai Horowitz (President)
Highest reported compensation
- Kristin Horowitz (Executive Director/Treasur): $37,200 total reported compensation
- Yishai Horowitz (President): $37,200 total reported compensation
- Ian Moynagh (Director): $270 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide a climbing facility to the community.
What it reported doing in 2017
Membership- Members pay a monthly rate for access to the facility.
Operating model
- Revenue model
- Earned-program. 100% 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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 90
- Accountability: 10
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.6%; rating input score 53
- Program expense ratio: 59.4%; rating input score 59
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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; 4th percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 8.6%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 13.9%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 15.2% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 19.5% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 52.6% of revenue deployed · 59.4% of spending went to programs
- Governance: 0 of 2 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $319K in reported program spending
- Leadership: top reported pay $37K · 11 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2012 to 2017
- Contacts: How to reach this organization
- Money network: 3 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.