Welcome Athletic Boosters Assn
Nonprofit profile at a glance
- EIN
- 050529460
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024
- Location
- Welcome, NC, USA
- Phone
- 3362645752
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $154,969
- Expenses
- $122,605
- Assets
- $196,904
- Liabilities
- $21,119
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- MATT KREUTER (PRESIDENT)
- CODY BEST (VICE PRESIDENT)
People named in this filing
- MATT KREUTER (PRESIDENT)
- CODY BEST (VICE PRESIDENT)
- ELIZABETH BEST (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide youth athletic program
What it reported doing in 2024
Provided funds for youth athletic programs including soccer, football, cheerleading, basketball, baseball and softball.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - 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: 37
- Transparency & Controls: 82
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.6%; rating input score 34
- Program expense ratio: 42.5%; rating input score 42
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 20.9%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 1.61; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 1.3% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 12.1% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 2% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 33.6% of revenue deployed · 42.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $52K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 9 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
- Moderate — Financial Efficiency: Program expense ratio scored 42/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 24/100.