FAIRFAX ADULT SOFTBALL INC
Mission Statement
It is the mission of Fairfax Adult Softball, Inc. (FAS) to manage and administer softball programs in Fairfax County, VA, while showing our commitment to the community we serve. We reflect this service in our annual fundraising efforts and contributions to VA Special Olympics, Area 26 and other charitable organizations that focus on Women’s Health Issues and our disabled Military Veterans and their families. We are a non-profit organization, dedicated to working in a public-private partnership with our local government(s) to develop and promote the sport of softball for the citizens of our community, providing a conduit for our teams to compete at the highest levels nationally and internationally.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.3% | 94.5% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.7% | 4.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
140.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.1 mo | 6.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
27.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.3% | 89.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
3.8% | 10.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.0% | 14.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.1% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $369K | $369K | $94K | 77.3% | 1 |
| 2022 | $355K | $362K | $82K | 74.7% | 1 |
| 2021 | $261K | $398K | N/A | — | 1 |
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