FERGUS FALLS AREA YOUTH ACTIVITIES INC
Mission Statement
Here are our stated objectives from our By-Laws & Mission Statement…OBJECTIVES: 1. The purpose of the Local League is to develop and operate a baseball program for 11 to 17 year-old youth within the prescribed area, in affiliation with the Fergus Falls Area Youth Activities Inc., a Minnesota Corporation, with and pursuant to the principles, rules, and regulation enunciated by said Fergus Falls Youth Activities Inc., in conjunction with such purposes. 2. The Local League will seek to develop in the youth of this community the ideals of good sportsmanship, honesty, courage, loyalty, and other ideals necessary for the development of good citizens. 3. The objectives will be achieved by providing supervised competitive baseball games. The supervisors shall bear in mind that the modeling of future adults is of primary importance, and attainment of exceptional athletic skill or the winning of games is not our sole purpose but is secondary to instruction.
Financial Overview — FY 2022
Compared with Peers
FY 2022| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
98.9% | 94.3% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
1.1% | 4.7% |
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% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
13.1 mo | 6.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
43.8% | 90.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
12.3% | 18.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
16.7% | 29.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
10.9% | 4.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2022 | $230K | $205K | $224K | 98.9% | 0 |
| 2021 | $205K | $176K | N/A | — | 0 |
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