The United States International 420 Class Association
Nonprofit profile at a glance
- EIN
- 264482636
- IRS 990-EZ coverage
- 2012–2017
- Forms available
- Form 990-EZ 2017
- Location
- Newport Beach, CA, USA
- Phone
- 9496502928
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $181,834
- Expenses
- $181,352
- Assets
- $5,339
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- LARRY R LAW (PRESIDENT)
People named in this filing
- LARRY R LAW (PRESIDENT)
- JERELYN BIEHL (SECRETARY / TREASURER)
- ED LIBERTY (EAST COAST REPRESENTATIVE)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The association supports the development and growth of the international 420 class sailors in the united states and to achieve competitive excellence in international competition by united states sailors.
What it reported doing in 2017
The improvement of sailing skills of the sailors and promoted the corinthian spirits of seamanship by participating through international competitions.
Operating model
- Revenue model
- Earned-program. 97% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.3%; rating input score 98
- Program expense ratio: 98.5%; 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: 0.3%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 12.8% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 12.1% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: -4.3% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 98.3% of revenue deployed · 98.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $179K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2012 to 2017
- 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.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Growth: Asset growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.