Recreation & Sports
(N12)
IRS Verified
DX Registered
990 on File
CARIS SPORTS FOUNDATION INC
Financial strength (30%)
62/100
Reliability (20%)
45/100
Effectiveness (25%)
82/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
At Caris Sports Foundation, we believe in the power of sports and the many benefits that team sports provide. We believe that every child who wants to participate in sports should have the opportunity to do so. Further, we believe that economic barriers should not prevent kids from taking part in the sports they love. Financially disadvantaged children should not be kept off the playing field. We founded Caris Sports Foundation as a 501(c)(3) organization specifically to address these beliefs.
Financial Overview — FY 2023
$114K
Total Revenue
$135K
Total Expenses
$21K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.7%
Fundraising Efficiency
122.6%
Operating Reserve
1.85x
Liability-to-Asset
1.3%
Revenue Diversification
103.7%
Compared with Peers
FY 2023
Compared with 11,967 similar organizations
(United States, Recreation & Sports, $100K–$1M in expenses), FY 2023.
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
|
87.7% | 94.5% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
122.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.9 mo | 6.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.3% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
103.7% | 89.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-1.8% | 10.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
58.8% | 14.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-18.7% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $114K | $135K | $21K | 87.7% | — |
| 2022 | $116K | $85K | $42K | 94.6% | — |
| 2021 | $129K | $69K | N/A | — | 1 |
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