Recreation & Sports (N70) IRS Verified DX Registered 990 on File

LAUREUS SPORT FOR GOOD FOUNDATION OF AMERICA

EIN: 30-0047132 · NEW YORK, NY 10022-5944 · United States · FY 2024 Data

3 out of 5 50 / 100 Based on 2+ years of filings

Financial strength (30%) 63/100

Reliability (20%) 55/100

Effectiveness (25%) 81/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

Laureus USA believes in the power of sport to change the world. Our mission is to improve the lives of youth and unite communities through the power of sport. We are committed to ensuring that all young people—regardless of zip code—have access to high-quality, inclusive sport experiences that help them reach their full potential. In New York City, we advance the Sport for Good movement by investing in community-based organizations that use sport as a tool for youth development and social change. Through grantmaking, capacity building, and collective impact initiatives, we help young people—particularly those in under-resourced communities—develop critical life skills, improve physical and mental health, and strengthen connections to caring adults and peers.

Financial Overview — FY 2024

$5.8M

Total Revenue

$7.0M

Total Expenses

$7.2M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 89.6%

Fundraising Efficiency 315.9%

Operating Reserve 12.26x

Liability-to-Asset 25.6%

Revenue Diversification 95.5%

Executive Compensation $403K

Compared with Peers

FY 2024

Compared with 1,615 similar organizations (United States, Recreation & Sports, $1M–$10M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	89.6%	87.4%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	6.3%	9.7%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	4.1%	0.0%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	315.9%	37.7%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	12.3 mo	8.2 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	25.6%	11.0%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	95.5%	89.6%	P10P90	Below median
Revenue growth Year over year revenue growth	-41.3%	9.3%	P10P90
Expense growth Year over year expense growth	-25.4%	9.5%	P10P90
Surplus margin Surplus as a share of revenue	-20.3%	2.8%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$5.8M	$7.0M	$7.2M	89.6%	16
2023	$9.9M	$9.4M	$8.4M	93.0%	16
2022	$9.5M	$7.8M	$7.8M	92.0%	0
2021	$4.4M	$4.3M	N/A	—	0

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Organization Details

EIN: 30-0047132
State: NY
City: NEW YORK
ZIP: 10022-5944
Classification: N70
Category: Recreation & Sports
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2002
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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