HOPE FOR OUR RISING STARS
Mission Statement
The Hope for Our Rising Stars operates as a nonprofit organization that promotes competitive sportsmanship and possibilities for children through many different activities throughout our community. Our board are all volunteers and volunteer their time to help make a difference in the lives of the youth in our community. Our organization is maintained solely through fundraising, strong parental support, and community sponsorship's. As a group we make every effort to keep the costs of youth activities and sports affordable for everyone by providing help for not only fees but also sporting equipment. This is only possible through fundraising.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
0.0% | 92.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.6 mo | 9.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 85.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-10.2% | 0.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-33.5% | 0.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.5% | 8.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $23K | $20K | $6K | 0.0% | — |
| 2023 | $25K | $30K | $3K | 96.9% | — |
| 2022 | $26K | $30K | $7K | 95.6% | — |
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