Overview
What is The Laurel Park Community Boosters Club?
The Laurel Park Community Boosters Club is a nonprofit organization located in Martinsville, Virginia. Its primary mission is to raise additional funds for student activities in local schools and other nonprofit organizations. They accomplish this goal through weekly Bingo games, which serve as a source of financial support for their cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Laurel Park Community Boosters Club has received an 80% rating from Charity Navigator, indicating a commendable level of accountability and financial health. The rating is based solely on the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible management of resources.
The organization excels in several key areas, including having a fully independent board and a solid liabilities-to-assets ratio. Additionally, it has performed exceptionally well in document retention, board meeting documentation, and program expense ratio, showcasing its strong governance and operational effectiveness.
While the overall score is strong, the evaluation focuses exclusively on financial measures, which may limit insights into the organization's programmatic impact or community reach. However, the high scores in accountability suggest that the organization is well-managed and maintains a positive standing in financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Laurel Park Community Boosters Club legitimate?
The Laurel Park Community Boosters Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Laurel Park Community Boosters Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Laurel Park Community Boosters Club?
The Laurel Park Community Boosters Club's mission is centered around providing additional financial support for student activities and various nonprofit organizations. They accomplish this by organizing weekly Bingo games, the proceeds from which are then allocated for this purpose. The club's primary objective is to enhance the educational and community experiences of individuals by supplementing the resources available for these activities.
What is the revenue of The Laurel Park Community Boosters Club?
The Laurel Park Community Boosters Club's revenue in 2023 was $121,567.
Who are the executives of The Laurel Park Community Boosters Club and what are their salaries?
There 15 volunteers at The Laurel Park Community Boosters Club.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for The Laurel Park Community Boosters Club?
The Laurel Park Community Boosters Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Laurel Park Community Boosters Club
The Laurel Park Community Boosters Club, an established organization, is dedicated to providing additional financial support for student activities in local schools and various nonprofit organizations. This support is primarily sourced through weekly Bingo games organized by the club. The main objective of the Laurel Park Community Boosters Club is to enhance the educational and extracurricular experiences of students and contribute to the broader community by funding worthy initiatives.
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Impact
October, 2024
The Laurel Park Community Boosters Club has a significant impact on the local schools and student activities in Martinsville, VA. By organizing weekly bingo games, the club generates additional funds that directly support educational programs, extracurricular activities, and other initiatives in the area schools. This financial support enriches the student experience by enabling a wider range of activities, enhancing educational resources, and fostering a sense of community involvement. Through their efforts, the Boosters Club plays a crucial role in promoting educational success and creating more opportunities for youth in the community.
This information is meant to be a general summary of The Laurel Park Community Boosters Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $118
- Gross Receipts: $728,707
Assets and Liabilities:
- Total Assets: $881,735
- Total Liabilities: $2,750
- Net Assets: $878,985
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Organization Details
Founding Year
2002
Principal Officer
Anita Ray
NTEE Category
Code: B11 - Education
If you are a representative of The Laurel Park Community Boosters Club and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.