WORLD BASEBALL OUTREACH INC
Mission Statement
Our main mission is to give kids purpose in their life. Our program removes barriers to sports while providing positive adult mentorship, teamwork, and support while allowing youth to grow personally, develop self-discipline, and become healthy and well-rounded in all aspects of their lives. We accomplish our mission through the following objectives: - Opportunity: Provide inner city youth with the opportunity to participate in sports, nutrition, and exercise programs, after school homework help, and summer programs. - Playing Fields: Build and help maintain playing fields to provide a safe and fun playing environment - Excitement: Actively engage and spark a new excitement in our youth - Equipment: Provide equipment to everyone in need
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
97.9% | 94.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.2% | 3.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.6 mo | 6.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.9% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
90.9% | 89.1% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
12.6% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
26.5% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-10.2% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $460K | $507K | $67K | 97.9% | 11 |
| 2023 | $409K | $401K | $114K | 95.3% | 10 |
| 2022 | $397K | $470K | N/A | — | 8 |
| 2021 | $481K | $514K | N/A | — | 8 |
| 2020 | $506K | $563K | N/A | — | 5 |
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