Victory Cup Initiative Inc

Nonprofit profile at a glance

EIN
474650599
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2020
Location
Winter Park, FL, USA
Phone
4072525561
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion

Reported finances

Revenue
$783,229
Expenses
$730,348
Assets
$189,367
Liabilities
$0

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

Leadership & pay

21 people listed

Executive titles in this filing

  • ASHLEY VANN (FOUNDER & EXECUTIVE DIRECTOR)
  • KAROLYN STEWART (President)
  • STEPHEN BRUNER (Vice President)

Highest reported compensation

  • ASHLEY VANN (FOUNDER & EXECUTIVE DIRECTOR): $125,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

-help train non-profits to tell their story better and share their mission. -create new opportunities for non-profits to tell their stories to corporations, business leaders and community members. -allow individuals to experience the power of philanthropy. -create platforms for local non-profit organizations to learn, share ideas, and build relationships. -partner with local middle school students and create opportunities to learn about the non-profit community and share stories of impact through videos.

What it reported doing in 2024

The organization offers a diverse range of programs designed to educate, engage, and empower both nonprofit and business leaders. The Selection and Evaluation Program equips business professionals with the tools to assess nonprofit organizations through a structured Selection Process and the Community Evaluator Breakfast. Graduates continue their learning through the Alumni Program, which includes Quarterly Education Workshops and Alumni Events. The annual NPO Conference provides a full day of education and networking for nonprofit leaders. The Youth Initiative Program introduces high school students to the nonprofit sector through targeted educational experiences. Volunteers are celebrated and connected through the Volunteer Program, featuring a Networking Event and a Volunteer Thank You Event. Similarly, the Stewardship Program fosters donor engagement through a Networking Event and a Donor Thank You Event. Finally, the Strategic Story Program serves as a revenue stream for the organization, offering storytelling training purchased by business leaders to enhance their impact and communication.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 65% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 94
  • Accountability: 65
  • Sustainability: 42
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.7%; rating input score 79
  • Program expense ratio: 84.4%; rating input score 84
  • Fundraising efficiency: $13.58 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.9%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.4%; rating input score 94; 25th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: 6.8%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 17.1%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: -6.5% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: 26.6% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 26.5% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 78.7% of revenue deployed · 84.4% of spending went to programs
  • Governance: 17 of 18 board members independent · 2 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $616K in reported program spending
  • Leadership: top reported pay $125K · 21 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 10 filed related-organization links
  • 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: Governance controls: 5 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.