Texas Storm Track Club

Nonprofit profile at a glance

EIN
050529021
IRS 990-EZ coverage
2013–2014
Forms available
Form 990-EZ 2014, Form 990-N 2008
Location
Friendswood, TX, USA
Phone
7139626484
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
Amateur Sports

Official website

Reported finances

Revenue
$65,690
Expenses
$48,894
Assets
$82,280
Liabilities
$63,621

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Nedra Alexander (President)
  • Cindy Flynn (Vice President)

People named in this filing

  • Nedra Alexander (President)
  • Cindy Flynn (Vice President)
  • Carol Douglas (Secretary)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Athlete Development - We teach conditioning, development, self-discipline and sportsmanship. The full track season is from February through July. The goal is to develop as many athletes to qualify to compete on a regional/national level. Stipends and traveling expenses for the athletes to nationals benefited 61 athletes.

What it reported doing in 2014

Texas Storm Track Club coaches provide athletic training to its members, assist in teaching the fundamentals of track and provide activities that enhance the members' education and support a positive behavioral training environment. At nationals, we were able to showcase our members' physical talents. Nationals benefited 61 athletes.

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 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.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 9
  • Transparency & Controls: 82
  • Sustainability: 64
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 8.5%; rating input score 8
  • Program expense ratio: 11.4%; rating input score 11

Transparency & Controls

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

Sustainability

  • Operating margin: 25.6%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 1.68; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.77; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -118.1% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: 19.1% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 3.7% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 8.5% of revenue deployed · 11.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2013 to 2014
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 11/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.