Thornapple Kellogg Athletic

Nonprofit profile at a glance

EIN
462147700
IRS 990-EZ coverage
2015–2016
Forms available
Form 990-EZ 2016
Location
Middleville, MI, USA
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$30,958
Expenses
$30,210
Assets
$54,453

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • MIKE CUTLIP (PRESIDENT)

People named in this filing

  • MIKE CUTLIP (PRESIDENT)
  • KAREN WILLIAMSON (TRUSTEE)
  • KELLY DONKER (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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Encourage excellence in athletic educationk, sportsmanship, and peformance; support these efforts financially; encourage student, parent and community participation in the tk athletic program; foster enjoyment of, fair play in, and encourage lifelong appreciation for athletics; provide support and assistance to student ahtletes and coaches to obtain these goals.

What it reported doing in 2016

Support the athletic programs, student athletes, and coaches of the thornapple kellogg high school

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 82
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.5%; rating input score 93
  • Program expense ratio: 95.8%; rating input score 96

Transparency & Controls

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

Sustainability

  • Operating margin: 2.4%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 1.8; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 21.2% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: -13.4% per year; rating input score 0; 24th percentile among comparable filings
  • Asset growth: 1.4% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 93.5% of revenue deployed · 95.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $29K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2015 to 2016
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.