South Side Fire Soccer Club Nfp

Nonprofit profile at a glance

EIN
320251221
IRS 990 coverage
2016–2017
Forms available
Form 990 2017
Location
Chicago, IL, USA
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Services

Official website

Reported finances

Revenue
$243,608
Expenses
$206,254
Assets
$96,443
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Todd M Martin (President and Director)

People named in this filing

  • Todd M Martin (President and Director)
  • David G Beiser (Secretary and Director)
  • Jared A Davis (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. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The South Side Fire Soccer Club is a not-for-profit corporation organized exclusively for charitable and educational purposes which is dedicated to expanding recreational and competitive soccer opportunities for children on the south side of Chicago. South Side Fire's primary purposes are (i) to facilitate, promote and support the growth of youth soccer through developmental instruction and the establishment and operation of recreational and competitive youth soccer teams, (ii) to provide a positive experience for all participants by promoting, teaching and fostering the personal character traits of sportsmanship, self-esteem, self-discipline and perseverance and (iii) to provide opportunities for children in underserved and underprivileged communities with the opportunity to become involved in organized sports.

What it reported doing in 2017

Provide high quality competitive and recreational soccer programming for approximately 150 children. Approximately 25% of these children receive significant financial aid awards to support their participation in these programs.

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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 60
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.2%; rating input score 77
  • Program expense ratio: 91.2%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 15.3%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: -5.5% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: -12% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 48% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 77.2% of revenue deployed · 91.2% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $188K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 40 of 40 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2016 to 2017
  • 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.