Tremorsync Inc
Nonprofit profile at a glance
- EIN
- 300121946
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020, Form 990-N 2012
- Location
- San Francisco, CA, USA
- Phone
- 5104357259
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Winter Sports
Reported finances
- Revenue
- $450,559
- Expenses
- $403,553
- Assets
- $160,548
- Liabilities
- $20,224
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- SANDRA CHEUNG (President)
People named in this filing
- Thomas Killilea III (Treasurer)
- SANDRA CHEUNG (President)
- Martina Lee (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Tremors Youth Synchronized Ice Skating Team of San Francisco Bay Area (Tremorsync, Inc.) supports the healthy development of children and young people from diverse economic and social backgrounds by providing quality youth sports opportunities and a productive team environment. The Tremors enables youth from many different Bay Area neighborhoods to come together, share their passion of ice skating, and work toward a common goal. Youth from the tenderloin all the way to Marin form lasting friendships based on team commitment, fitness, dedication and camaraderie. The Tremors provides children and youth from diverse backgrounds with a constructive out-of-school activity, support from caring adults, positive peer relations, and leadership opportunities.
What it reported doing in 2024
The 2024-2025 was the 26th season since the Tremors was founded. Among the accomplishments for this season were: Continued promotion of the sport of Synchronized Skating through expansion of our teams. Tremors added 2 additional entry level teams to accommodate the new interest. Continued support for skaters who need financial resources to compete at the national and international level. We provided partial scholarships to 6 skaters and families to make the sport more accessible. Improved performance for our teams as three teams qualified for National Championships for the first time with younger teams medaling at Pacific Coast championships.
Operating model
- Revenue model
- Earned-program. 96% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 85
- Accountability: 12
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.3%; rating input score 84
- Program expense ratio: 94.1%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 10.4%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 7.3% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 10.4% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 8.8% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 84.3% of revenue deployed · 94.1% of spending went to programs
- Governance: 0 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $380K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 6 filing years from 2016 to 2024
- 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 — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 24/100.