Sports Fd Inc
Nonprofit profile at a glance
- EIN
- 221860827
- IRS 990 coverage
- 2013–2018
- Forms available
- Form 990 2018
- Location
- Colts Neck, NJ, USA
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Soccer
Reported finances
- Revenue
- $407,752
- Expenses
- $411,863
- Assets
- $364,235
- Liabilities
- $143,054
Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- CHRIS MONTALVO (PRESIDENT)
People named in this filing
- CHRIS MONTALVO (PRESIDENT)
- BRIAN BRISCOE (VICE PRESIDE)
- ANTHONY SCIARRILLO (TREASURER)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to provide sports activities for the residents of colts neck (cn). Sports activities range from recreational to highly competitive travel leagues. Players have the opportunity to participate in a level that parents and league officials feel are best suited for their development and enjoyment. Sportsmanship, friendship, and skill development will be stressed at all levels. Cnsf currently offer seasonal programs in basketball, soccer, and baseball on a recreational basis, or for those who wish to make more of a commitment, on traveling teams which compete against teams from other areas. In addition, programs are offered in wrestling and karate. All children from kindergarten to ninth grade are eligible to participate in the recreational programs. Cnsf is wholly run by volunteers. We encourage parents to get involved. The programs are run with funds obtained from registration fees and individual and corporate sponsors. If there is finanical need, regristration fees may be w
What it reported doing in 2018
Instructional and competitive baseball and softball for children ages 5 to 17 to promote spirit, community and teamwork.
Operating model
- Revenue model
- Other-operating. 92% of the money available for current operations came from other operating 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. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 90
- Accountability: 88
- Sustainability: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.4%; rating input score 84
- Program expense ratio: 83.5%; rating input score 84
- Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings
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: 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 0.88; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: 0.8% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: -0.5% per year; rating input score 0; 29th percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 84.4% of revenue deployed · 83.5% of spending went to programs
- Governance: 19 of 19 board members independent · 5 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $344K in reported program spending
- Leadership: top reported pay $0 · 19 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2013 to 2018
- 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.
- High — Financial Efficiency: Fundraising efficiency scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.