Public & Societal Benefit
(W63)
IRS Verified
DX Registered
990 on File
NEW ENGLAND COLLEGIATE BASEBALL LEAGUE INC
Financial strength (30%)
55/100
Reliability (20%)
55/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The goal of the Ocean State Waves is to provide young college players with an opportunity to play summer ball enhancing their skills while providing them with an environment that fosters a sense of community. Playing ball at Old Mountain Field in Wakefield gives players an opportunity to get noticed by MLB Scouts while providing the families of South County a place to strengthen community and neighborhood ties. Everyone regardless of income, background, or age can enjoy a great game of baseball. This organization provided 15,000 fans last year with quality baseball at an affordable price.
Financial Overview — FY 2024
$81K
Total Revenue
$86K
Total Expenses
$-114,450
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
102.3%
Fundraising Efficiency
13.8%
Operating Reserve
-16.01x
Liability-to-Asset
1511.1%
Revenue Diversification
53.8%
Compared with Peers
FY 2024
Compared with 2,060 similar organizations
(United States, Public & Societal Benefit, under $100K 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
|
102.3% | 81.6% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
13.8% | 44.1% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-16.0 mo | 14.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1511.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
53.8% | 100.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-6.1% | 0.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-24.6% | 0.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.4% | 14.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $81K | $86K | $-114,450 | 102.3% | — |
| 2023 | $87K | $114K | $-110,018 | 106.0% | — |
| 2022 | $73K | $137K | $-82,898 | 105.6% | — |
| 2021 | $174K | $111K | N/A | — | 1 |
| 2020 | $3K | $8K | N/A | — | 1 |
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