Sports Fans Coalition Ny Inc

Nonprofit profile at a glance

EIN
823111352
IRS 990 coverage
2019–2021
Forms available
Form 990 2021, Form 990-EZ 2018
Location
Ronkonkoma, NY, USA
Phone
2028045533
Rating confidence
Limited
Sector
Economic Development

Official website

Reported finances

Revenue
$0
Expenses
$274,647
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • DAVID GOODFRIEND (CHAIRMAN & PRESIDENT)

People named in this filing

  • DAVID GOODFRIEND (CHAIRMAN & PRESIDENT)
  • HABIBA ALCINDOR (SECRETARY & TREASURER)
  • GIGI SOHN (BOARD MEMBER)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Sports fans coalition ny, inc. Provides a public service by offering local, over-the-air broadcast programming via the internet to anyone located within such local stations' market (designated market area), in particular consumers who do not receive (continued on schedule o) local broadcast station programming through a pay-tv service, such as cost-sensitive consumers unable to pay a monthly pay-tv fee or rural households unable to receive an over-the-air signal. In this way, sports fans coalition ny, inc. Ensures that local emergency information, weather, news, and public interest information reaches the entire community that the federal communications commission issued a given local broadcast tv license to serve. It also expands the reach of public broadcasting stations, including through the carriage of such stations' multiple programming streams.

What it reported doing in 2021

Launched service in january 2018 in the New York city market; added boston, chicago, dallas, houston, philadelphia, and denver markets through the end of 2018. Launched the locast app on multiple platforms, including android, apple ios, roku, and hopper. In 2019, the following markets were added: atlanta, baltimore, los angeles, phoenix, rapid city, san francisco, seattle, sioux city, sioux falls, and Washington dc. In 2020, the following markets were added: detriot, indianapolis, miami/ft. Lauderdale, minneapolis, philadelphia/collegeville, tampa, and west palm. In 2021 the following markets were added: charlotte, columbus, cleveland, madison, milwaukee, orlando, pittsburgh, portland, raleigh, sacramento, tri-cities. In response to summary judgment rulings by the federal district court in the (continued on schedule o) southern district of New York finding, among other things, that the statutory copyright exemption under 17 U.S.c. 111(a)(5) did not apply to the locast service provided by sports fans coalition ny, inc., all operations were suspended, and a settlement agreement was reached with the plaintiffs under which all cash and assets would be disbursed to vendors and plaintiffs.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 14
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 8
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 17.8%; rating input score 18
  • 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; 64th 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: Limited
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -62.8% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: 21.7% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 17.8% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $49K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Highest-paid contractors: 1 contractor listed · $169K reported
  • Consistency: 16 of 16 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 3 filing years from 2019 to 2021
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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: Program expense ratio scored 18/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.