Suncoasters of St Petersburg Foundation Inc

Nonprofit profile at a glance

EIN
592318048
IRS 990-EZ coverage
2013–2013
Forms available
Form 990 2011, Form 990-EZ 2013
Location
St Petersburg, FL, USA
Phone
7278219888
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Commemorative Events

Official website

Reported finances

Revenue
$91,142
Expenses
$69,910
Assets
$57,003
Liabilities
$24,601

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

Leadership & pay

8 people listed

Executive titles in this filing

  • KIMBERLY GUSTAFSON (PRESIDENT)
  • GENE COLLINS (PRESIDENT EL)

People named in this filing

  • KIMBERLY GUSTAFSON (PRESIDENT)
  • GENE COLLINS (PRESIDENT EL)
  • PAULA POPOVICH (SR VICE PRES)

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

Community service and scholarship program.

What it reported doing in 2013

The organization produces events in celebration of st. Petersburgs legacy and future, to be enjoyed by the local community, and to raise money for art and music programs and scholarships. All events are partnerships with the city of st. Petersburg and other organizations.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 100
  • Sustainability: 58
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.7%; rating input score 77
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 23.3%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 0.82; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -1.9% per year; rating input score 0; 49th percentile among comparable filings
  • Asset growth: 27.6% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 76.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $70K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.