SCIENCE OF SPORT
Mission Statement
The Science of Sport is a 501(c)(3) that provides a mechanism for at-risk K-12 kids to improve their academic performance. Our goal is to translate the passion for sport into an appreciation, understanding, and application of science and mathematics. Through this we aim to empower students who are under-performing academically by focusing on their athletic strengths, capabilities, and interests. By demonstrating the natural connection between sport, science, and mathematics, the students are encouraged to define and pursue better life choices, including the goal of attending college. This has the potential to improve academic achievement, provide a path to college, and elevate socioeconomic status.
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
|
87.5% | 81.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.6% | 11.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 4.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 151.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-0.4 mo | 11.3 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
175.0% | 9.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
86.6% | 89.1% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
21.3% | 9.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.5% | 10.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.9% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.4M | $1.4M | $-43,754 | 87.5% | 46 |
| 2023 | $1.2M | $1.3M | $-55,975 | 76.9% | 40 |
| 2022 | $1.2M | $1.2M | $82K | 65.0% | 21 |
| 2021 | $873K | $895K | N/A | — | 6 |
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