Firstcoachin EIN 84-3489223 Form 990 (PDF) Claim this org

Firstcoachin FY2023 filing

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Trains youth sports coaches globally to positively shape young athletes and their communities. For fiscal year 2023 it reported $165K in revenue, $168K in expenses, and $80K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Norfolk, VA
Website
firstcoach.in
Filings
5 on file (2021–2023)
Revenue
$165KFY2023
Expenses
$168K
Net assets
$80K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-3489223 Public charity (501(c)(3)) Norfolk, VA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Trains youth sports coaches globally to positively shape young athletes and their communities.
Leadership
Kimberly Fariss · Secretary
Money in and out
$165K revenue, $168K expenses
Bottom line
90% program efficiency
Where the money goes · FY2023
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$168K
Pt IX · Ln 25
Net assets
$80K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$4K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10 Fundraising $0.00
Program efficiency
90%
of spending reaches programs
Operating runway
4.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$165K
FY2023▲ +28%
Expenses
$168K
FY2023
Total assets
$80K
FY2023
Total liabilities
$0
FY2023
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$168K
Pt IX · Ln 25
Net assets
$80K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$4K
Total assetsPt X · Ln 16$80K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $152K of program spending, described in the organization's own filed words · FY2022.
01

FIRSTCOACH.IN was formed to operate as a non-profit educational and charitable organization that equips developmental sports and athletic coaches worldwide to serve children with excellence:; to develop wholistic educational programs which will provide sport and athletic coaches the expertise to positively shape the future of young…

$152Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFirstcoachin
EINHdr · item D84-3489223
Principal addressHdr · item CNorfolk, VA
WebsiteHdr · item Jfirstcoach.in
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N62)
Ruling yearIRS BMFJun 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
President/Ce
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$165K
Total revenueLn 12$165K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10 Fundraising $0.00
Program services90%$152K
Management & general10%$16K
Fundraising$50
Total functional expensesLn 25$168K

Balance Sheet

Part X · end of year
CashLn 1$16K
Total assetsLn 16$80K
Total liabilitiesLn 26$0
Total net assetsLn 32$80K
Months of cash on handcomputed1.2

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $64K · Operating expenses/yr $168K
4.5 months
Where the money goes
Program services
Program services $152K · Total expenses $168K
90%
Management & General
Management & general $16K · Total expenses $168K
10%
Fundraising
Fundraising $50 · Total expenses $168K
0.03%
Cost to raise $1
Fundraising expense $50 · Solicited contributions $165K
$0.00 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $165K · Total revenue $165K
100%
Government reliance
Government grants — · Total revenue $165K
Earned-income share
Program service revenue $0 · Total revenue $165K
0%
Investment reliance
Investment income $-787 · Total revenue $165K
-0.5%
Program self-sufficiency
Program service revenue $0 · Total expenses $168K
0%
Growth & trend
Revenue growth (YoY)
This year $165K · Prior year $129K
+28%
Net-asset trend (YoY)
End of year $80K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $165K · Expenses $168K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $80K
Net-asset ratio
Net assets $80K · Total assets $80K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $47K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $80K
59%
People & payroll
Highest Reported Total Compensation
Individual Kimberly Fariss · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $168K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $168K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Fundraising cost ratio 0.03%
Revenue growth 28%
Investment management fee ratio 0.6%
Legal fee ratio 4%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$117K revenue · ⤓ 990 PDF
FY2024$132K revenue · ⤓ 990 PDF
FY2023$165K revenue · viewing · ⤓ 990 PDF
FY2022$129K revenue · ⤓ 990 PDF
FY2021$114K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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