Storygarden Seattle Dba Dragons Fc

Nonprofit profile at a glance

EIN
273789169
IRS 990-EZ coverage
2017–2019
Forms available
Form 990-EZ 2019, Form 990-N 2016
Location
Seattle, WA, USA
Phone
2064591430
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$63,371
Expenses
$63,282
Assets
$3,936
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • M ANGELA CASTANEDA (BOARD PRESIDENT)

People named in this filing

  • M ANGELA CASTANEDA (BOARD PRESIDENT)
  • GRIZELDA SARRIA (SECRETARY/TREASURER)
  • JIDE AKANBI (TRUSTEE)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Storygarden seattle dba dragons fc serves to inspire boys and girls to reach their highest level of success in life through soccer and the support of a community of families that share common goals despite barriers of class, language and income.

What it reported doing in 2019

Providing the opportunity for low income, underserved immigrant communities to play soccer at a high level at the lowest cost possible. The majority of the kids participating in our program are first generation youth from latin america and africa. Storygarden seattle dba dragons fc supports recreational to premiere level teams with an educational mission to maintain a holistic sports training and community engagement environment. We endeavor to provide educational clinics, tactical/technical training, and through future sponsorship we hope to develop health and wellness goals for our families and players. To ensure all can play at their level no matter what level they can pay, we are a volunteer-run organization.

Operating model

Revenue model
Earned-program. 95% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.6%; rating input score 99
  • Program expense ratio: 98.7%; rating input score 99

Transparency & Controls

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

Sustainability

  • Operating margin: 0.1%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 10.2% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 9.7% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 22.2% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 98.6% of revenue deployed · 98.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $62K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2017 to 2019
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

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 — Sustainability: Total-asset coverage ratio scored 8/100.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.