Zero Zero INC EIN 85-4070018 Form 990 (PDF) Claim this org

Zero Zero INC FY2023 filing

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Uses sports to improve lives for children, families, and communities. For fiscal year 2023 it reported $202K in revenue, $235K in expenses, and $111K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Birmingham, AL
Website
zerozerofoundation.org
Filings
4 on file (2021–2023)
Revenue
$202KFY2023
Expenses
$235K
Net assets
$111K
People
14
Filings
4
Updates
0
More identity details & actions ⌄
EIN  85-4070018 Public charity (501(c)(3)) Birmingham, AL
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Uses sports to improve lives for children, families, and communities.
Leadership
Carlos Aleman · Director
Money in and out
$202K revenue, $235K expenses
Bottom line
83% program efficiency
Where the money goes · FY2023
Total revenue
$202K
Pt VIII · Ln 12
Total expenses
$235K
Pt IX · Ln 25
Net assets
$111K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$33K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.01 Fundraising $0.16
Program efficiency
83%
of spending reaches programs
Operating runway
5.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$202K
FY2023▼ -5%
Expenses
$235K
FY2023▲ +26%
Total assets
$111K
FY2023▼ -23%
Total liabilities
$0
FY2023
Total revenue
$202K
Pt VIII · Ln 12
Total expenses
$235K
Pt IX · Ln 25
Net assets
$111K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$33K
Total assetsPt X · Ln 16$111K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CZero Zero INC
EINHdr · item D85-4070018
Principal addressHdr · item CBirmingham, AL
WebsiteHdr · item Jzerozerofoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N99)
Ruling yearIRS BMFApr 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
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
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $56K of program spending, described in the organization's own filed words · FY2023.
01

Rally camp introduces children to the structure, values, and social engagement opportunities within a world in which they instinctively feel comfortable - play. Rally camp also creates an experience of competition through a lens that isn't focused directly on winning and losing, but in the passion for playing.

$56Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$140K · 69%
Program service revenue$60K · 30%
Investment income$2K · 1%
Contributions & grants69%$140K
Program service revenue30%$60K
Investment income1%$2K
Total revenueLn 12$202K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.01 Fundraising $0.16
Program services83%$194K
Management & general1%$3K
Fundraising16%$38K
Total functional expensesLn 25$235K

Balance Sheet

Part X · end of year
CashLn 1$111K
Total assetsLn 16$111K
Total liabilitiesLn 26$0
Total net assetsLn 32$111K
Months of cash on handcomputed5.7

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $111K · Operating expenses/yr $235K
5.7 months
Where the money goes
Program services
Program services $194K · Total expenses $235K
83%
Management & General
Management & general $3K · Total expenses $235K
1%
Fundraising
Fundraising $38K · Total expenses $235K
16%
Cost to raise $1
Fundraising expense (3-yr avg) $16K · Solicited contributions (3-yr avg) $151K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $140K · Total revenue $202K
69%
Government reliance
Government grants — · Total revenue $202K
Earned-income share
Program service revenue $60K · Total revenue $202K
30%
Investment reliance
Investment income $2K · Total revenue $202K
+0.8%
Program self-sufficiency
Program service revenue $60K · Total expenses $235K
26%
Growth & trend
Revenue growth (YoY)
This year $202K · Prior year $212K
-5%
Net-asset trend (YoY)
End of year $111K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $202K · Expenses $235K
-16%
Liabilities-to-Assets
Total liabilities — · Total assets $111K
Net-asset ratio
Net assets $111K · Total assets $111K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $111K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Carlos Aleman · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $235K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $235K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 1%
Fundraising cost ratio 27%
Revenue growth -5%
Legal fee ratio 26%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$75K
See all 4 funders →

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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
FY2024 (Latest)$224K revenue · ⤓ 990 PDF
FY2023$202K revenue · viewing · ⤓ 990 PDF
FY2022$212K revenue · ⤓ 990 PDF
FY2021$216K 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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