Steer for Student Athletes Inc
Nonprofit profile at a glance
- EIN
- 461076315
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Port Chester, NY, USA
- Phone
- 9146202900
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $1,423,046
- Expenses
- $1,268,840
- Assets
- $1,461,820
- Liabilities
- $203,264
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JOSEPH DURNEY (CEO)
Highest reported compensation
- JOSEPH DURNEY (CEO): $125,000 total reported compensation
- PATRICK DURNEY (COO): $75,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide individualized mentorship, services, and financial support to ensure students thrive academically, develop socially and emotionally, and excel athletically. We remove obstacles that inhibit holistic student development and provides alternative positive support; this support allows program participants to develop college and career readiness skills and personal competencies that will empower them to become positive contributors in a global society while improving family and community outcomes.
What it reported doing in 2024
To provide support services in the form of academic support, athletic training, and life skills development, with a focus on fostering personal growth, educational achievement, and long-term success to individual athletes from 7th grade through post post-secondary education and into early professional life. Program participants are generally from economically disadvantaged backgrounds and/or challenging life circumstances. The program helps to further continued participation in sports programs and empower youth to reach their full potential and contribute positively to their family and community outcomes.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 97% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 94
- Accountability: 71
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.9%; rating input score 78
- Program expense ratio: 86.7%; rating input score 87
- Fundraising efficiency: $22.2 raised per $1 spent on fundraising; rating input score 61; 61st 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: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90.9%; rating input score 91; 23rd percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.8%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 1.15; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 15.8%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 21.8% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 19.6% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 21.4% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 77.9% of revenue deployed · 86.7% of spending went to programs
- Governance: 10 of 11 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $125K · 12 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 9 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Sustainability: Officer compensation ratio scored 21/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.