Education
(B11)
IRS Verified
DX Registered
990 on File
WEST ALBANY SPORTS FOUNDATION
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Established in 2001, the West Albany Sports Foundation (WASF) encourages Albany's youth by providing funding and assistance for education, sports, and exercise programs. The aim is to further the personal well-being of OUR youth through involvement in organized sports. WASF is supported solely by interested individuals and companies who recognize the critical need for sports PROGRAMS IN OUR COMMUNITY. WASF is a 501(c)(3) foundation.
Financial Overview — FY 2023
$145K
Total Revenue
$106K
Total Expenses
$135K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.9%
Fundraising Efficiency
0.0%
Operating Reserve
15.37x
Liability-to-Asset
17.4%
Revenue Diversification
55.7%
Compared with Peers
FY 2023
Compared with 21,283 similar organizations
(United States, Education, $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
|
94.9% | 88.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.1% | 8.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 1.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
15.4 mo | 9.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
17.4% | 0.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
55.7% | 90.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-2.4% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
32.4% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
26.9% | 2.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $145K | $106K | $135K | 94.9% | 0 |
| 2022 | $148K | $80K | $97K | 92.3% | 0 |
| 2021 | $131K | $90K | N/A | — | 0 |
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