Overview
What is Connecticut Sports Management Group Inc?
Connecticut Sports Management Group Inc, located in Middletown, Connecticut, serves as a nonprofit organization that offers local residents an opportunity to engage in various athletic sports in an Olympic-style format. The primary mission of this organization is to foster and uphold the Olympic spirit, emphasizing sportsmanship, effort, and achievement. By doing so, they aim to inspire personal development in physical fitness and health through achievable goals. With a team of 18 dedicated individuals, Connecticut Sports Management Group Inc strives to provide a platform for individuals to compete, encouraging growth and development in sports and personal wellness.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Connecticut Sports Management Group Inc has achieved an impressive 94% score, indicating strong performance in accountability and finance. The organization has excelled in several key areas, including having a fully independent board of directors and a solid financial oversight committee. These factors contribute to the overall confidence stakeholders can have in the nonprofit's governance and operational integrity.
The organization demonstrates a commitment to transparency and ethical practices, as evidenced by the presence of whistleblower and conflict of interest policies. Furthermore, with a program expense ratio of 92.68%, the majority of its funding is allocated toward its programs rather than administrative costs, which is a positive indicator of effective resource management.
Despite the overall high ratings, it is always beneficial for nonprofits to continually assess and improve upon their practices to maintain and enhance stakeholder trust. Overall, the Connecticut Sports Management Group Inc shows a robust performance in its accountability and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Connecticut Sports Management Group Inc legitimate?
Connecticut Sports Management Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connecticut Sports Management Group Inc 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: $79,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,521
For more financial information, click here
What is the mission statement of Connecticut Sports Management Group Inc?
Connecticut Sports Management Group Inc's mission is centered around promoting and upholding the Olympic spirit, emphasizing values such as sportsmanship, effort, and achievement. Their goal is to encourage personal development in physical fitness and health through attainable objectives. By offering an Olympic-style athletic competition format, they provide individuals with an opportunity to strive towards these goals.
What is the revenue of Connecticut Sports Management Group Inc?
Connecticut Sports Management Group Inc's revenue in 2023 was $571,342.
Who are the executives of Connecticut Sports Management Group Inc and what are their salaries?
The average compensation at Connecticut Sports Management Group Inc during 2023 was $19,783. There are 10 employees and 300 volunteers at Connecticut Sports Management Group Inc.
Here are 26 key members and their salaries:
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Where can I find the form 990 for Connecticut Sports Management Group Inc?
Connecticut Sports Management Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Connecticut Sports Management Group Inc
Connecticut Sports Management Group Inc, with a focus on promoting the Olympic spirit, aims to organize competitive events that emphasize sportsmanship, effort, and personal achievement in physical fitness and health. The organization's mission is to inspire individuals by setting attainable goals, fostering a sense of personal growth and development through these athletic activities. By providing an Olympic-style format for various sports, Connecticut Sports Management Group Inc encourages participants to strive for excellence and to value the journey towards their goals as much as the final outcome.
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Impact
July, 2024
Connecticut Sports Management Group Inc's impact lies in promoting and reinforcing the Olympic spirit of competition that values sportsmanship, effort, and achievement. By providing residents of the state with the opportunity to compete in various athletic sports in an Olympic-style format, the organization contributes to personal development in physical fitness and health through attainable goals. Their mission to instill values of sportsmanship and motivate individuals towards physical well-being makes a significant impact on the community by fostering a culture of recreation and healthy competition.
This information is meant to be a general summary of Connecticut Sports Management Group Inc. 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: $802
- Program Service Revenue: $340,461
- Gross Receipts: $650,964
Assets and Liabilities:
- Total Assets: $291,453
- Total Liabilities: $125,023
- Net Assets: $166,430
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Entry Fees, Ticket & Mdse Sales
Revenue
$340,461
Organization Details
Founding Year
1987
Principal Officer
Richard Plasky
NTEE Category
Code: N70Z - Recreation
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