Sparkling Angels Charities The Kelly Weaver Memorial Fund

Nonprofit profile at a glance

EIN
020565915
IRS 990-EZ coverage
2011–2013
Forms available
Form 990-EZ 2013
Location
Fountain Valley, CA, USA
Phone
7149636542
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Visual Arts Organizations

Official website

Reported finances

Revenue
$499
Expenses
$1,274
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Monica Weaver (President)

People named in this filing

  • Henry Weaver (Chairman)
  • Monica Weaver (President)
  • Toni Duchene (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-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To maximize the spiritual, educational and practical life skills of young people by providing information, systems and tools to improve their quality of life. The organization will provide community support to an existing community based organization that provides valuable services to children in need.The organization also promotes community awareness of long QT syndrome and other arrhythmia illnesses that can affect young people. The organizations goal is to provide community support for children in need and to raise community awareness of arrhythmia illnesses and to provide low or no cost ECG/EKG screening tests to identify children that may be at risk.

What it reported doing in 2013

Sparkling Angeles Charities has provided EKGs free of charge to approximately 1500 high school students per year. The EKG screenings are to detect heart arrhythmias, particularly long QT syndrome, in young people. Approximately 10% of the participants are referred to their health care professional for follow up exams.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 82
  • Sustainability: 9
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.2%; rating input score 97
  • Program expense ratio: 38.1%; rating input score 38

Transparency & Controls

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

Sustainability

  • Operating margin: -155.3%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -6.3% per year; rating input score 0; 39th percentile among comparable filings
  • Asset growth: -137% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 97.2% of revenue deployed · 38.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $485 in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2011 to 2013
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Program expense ratio scored 38/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.