Southwest Riverside County Youth Sports Coalition Corp
Nonprofit profile at a glance
- EIN
- 872144801
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- Temecula, CA, USA
- Phone
- 5627131134
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Basketball
Reported finances
- Revenue
- $803,780
- Expenses
- $833,066
- Assets
- $874,144
- Liabilities
- $254,545
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MIKE VAEZ (CEO)
People named in this filing
- MIKE VAEZ (CEO)
- DARCI VAEZ (CFO)
- SONYA PHELPS (SECRETARY)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
It is the mission of srcysc to provide the youth of riverside county with equal opportunities for those of all genders and ages to engage and take active part in personal fitness, teamwork, athletic competition and self esteem building through a variety of our well-designed, well-orchestrated and well-managed youth sports programs. Secondly, it is also our mission that our programs will not only increase the levels of confidence in members of our community, but will also serve to teach sportsmanship, healthy competitive balance and provide a platform for our youth to showcase their many talents on their chosen fields of play. Finally, it is also our mission that srcysc grows into one of the largest most successful youth sports platforms in all of California and perhaps one day, in the entire country.
What it reported doing in 2024
Flag football youth sports 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
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 83
- Accountability: 88
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th 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: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: -3.6%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 51.7% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 23% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 46.1% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $833K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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: Operating margin scored 27/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.