Wesac Sports Inc

Nonprofit profile at a glance

EIN
411595295
IRS 990-EZ coverage
2018–2019
Forms available
Form 990-EZ 2019, Form 990-N 2007
Location
Minneapolis, MN, USA
Phone
6123704941
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$30
Expenses
$3,349
Assets
$99,011

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • ERIC JOHNSON (PRESIDENT)

People named in this filing

  • ERIC JOHNSON (PRESIDENT)
  • MAUREEN SMITH (TREASURER/EX)
  • RICK VIRNIG (BOARD MEMBER)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Recreational youth sports programs

What it reported doing in 2019

Wesac sports inc is a community based youth sports association whose purpose is to provide an opportunity for area youth (boys and girls, ages 3 -16) to participate in baseball, soccer, volleyball, and basketball. Wesac sports inc's goal is to encourage participation, skill dvelopment, sportsmanship, team behavior and discipline, safety, safe esteem, and fun. During the year, almost 1,000 youth participated in the various sports programs. Wesac sports, inc serves primarily in the kenwood/lake of the isles/lowry hill area of minneapolis during sporting seasons that span the netire year and are coached by parent volunteers.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: -11,063.3%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 29.56; rating input score 97; 97th 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: -151.1% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -199.6% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -3.3% per year; rating input score 0; 30th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2018 to 2019
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.