Treasure Shop

Nonprofit profile at a glance

EIN
237371942
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2013
Location
Norfolk, VA, USA
Phone
7574230790
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Gift Distribution

Reported finances

Revenue
$159,817
Expenses
$148,697
Assets
$23,156
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • Renea Gaucher (Advisor)
  • Kathryn Melhuish (Monday Day Manager)
  • Susan Frenchi (Wednesday Day Manager)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our primary exempt purpose continues to be raising funds to distribute to local charities.

What it reported doing in 2024

Ocean View Little League Challengers Provides children with disabilities from the military community the opportunity to play Little League Baseball no matter their ability or disability

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. 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: 13
  • Transparency & Controls: 82
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 12.9%; rating input score 13
  • Program expense ratio: 13.9%; rating input score 14

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0.3%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 23% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 26% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 28% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 12.9% of revenue deployed · 13.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 27 filed program accomplishments · $21K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • 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 — Financial Efficiency: Mission deployment rate scored 13/100.
  • High — Financial Efficiency: Program expense ratio scored 14/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.