Overview
What is Connecticut Storm Basketball Club Inc?
The Connecticut Storm Basketball Club Inc, located in Colchester, Connecticut, is a nonprofit organization dedicated to empowering female athletes of various skill levels and backgrounds. Operated by parents, this club provides high-quality basketball programs with a primary focus on skill development and enrichment. Their mission is to create an inclusive environment that fosters growth and personal improvement, regardless of an athlete's financial status. The club's activities and mission aim to provide a comprehensive basketball experience, ensuring that every participant can develop their skills and grow as athletes.
Official website here: www.ctstorm.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Connecticut Storm Basketball Club Inc has received a 76% rating from Charity Navigator, indicating a commendable level of accountability and financial health. This rating is solely derived from the Accountability & Finance beacon, reflecting the organization's strong governance practices, including a fully independent board with no material diversion of assets.
The organization scores particularly well in areas like board independence, with all board members being independent, and demonstrating excellent financial ratios such as a 0.00% liabilities to assets ratio and a 100% program expense ratio. However, it is noted that the nonprofit lacks critical policies, including a conflict of interest policy and a whistleblower policy, which could be potential areas for improvement in terms of governance practices.
While the Connecticut Storm Basketball Club shows a solid financial standing and accountability, addressing the missing policies could enhance its overall governance and transparency. The strengths in financial management indicate that it is effectively utilizing its resources towards its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Connecticut Storm Basketball Club Inc legitimate?
Connecticut Storm Basketball Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connecticut Storm Basketball Club 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: $21,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ctstorm.com
What is the mission statement of Connecticut Storm Basketball Club Inc?
The Connecticut Storm Basketball Club Inc., being a non-profit and parent-operated organization, is dedicated to offering high-quality basketball programs. Their primary focus is on the skill development and enrichment of female athletes, regardless of their skill levels or economic backgrounds. This organization strives to provide an inclusive environment where every athlete can grow and thrive in the sport of basketball.
Official website here: www.ctstorm.com
What is the revenue of Connecticut Storm Basketball Club Inc?
Connecticut Storm Basketball Club Inc's revenue in 2024 was $126,706.
Official website here: www.ctstorm.com
Who are the executives of Connecticut Storm Basketball Club Inc and what are their salaries?
There 25 volunteers at Connecticut Storm Basketball Club Inc.
Here are 3 key members and their salaries:
- Compensation: $12,867
- Related: $0
- Other: $0
- Compensation: $8,333
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ctstorm.com
Where can I find the form 990 for Connecticut Storm Basketball Club Inc?
Connecticut Storm Basketball Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ctstorm.com
Learn more at the official website: www.ctstorm.com
Mission Statement of Connecticut Storm Basketball Club Inc
The Connecticut Storm Basketball Club Inc, a parent-operated non-profit organization, is committed to offering top-tier basketball programs focused on skill development and enrichment for female athletes of various skill levels and economic backgrounds. With a mission deeply ingrained, this club seeks to provide a nurturing environment that fosters the growth and advancement of its members. By focusing on the overall development of its athletes, the Connecticut Storm Basketball Club Inc strives to empower and uplift each individual, ensuring that no talent goes unrecognized or undeveloped.
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Impact
October, 2024
Connecticut Storm Basketball Club Inc makes a significant impact on the community by providing quality basketball programs dedicated to the skill development and enrichment of female athletes. The organization caters to participants of all skill levels and economic backgrounds, ensuring accessibility and inclusivity in sports.
Through its structured training and supportive environment, the club empowers young female athletes, fostering confidence, teamwork, and leadership skills that extend beyond the basketball court. By emphasizing skill development, the club not only enhances athletic performance but also promotes personal growth and resilience in its players.
Additionally, Connecticut Storm serves as a vital community hub, encouraging social interaction and healthy competition among participants. By creating a positive and encouraging atmosphere, it helps to build lasting friendships and a sense of belonging among athletes, families, and the wider community in Colchester, CT. This multifaceted impact reinforces the importance of sports in youth development, driving both personal and collective growth.
This information is meant to be a general summary of Connecticut Storm Basketball Club 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 2024.
- Program Service Revenue: $109,625
- Gross Receipts: $149,129
Assets and Liabilities:
- Total Assets: $33,005
- Total Liabilities: $0
- Net Assets: $33,005
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAVEL TEAMS
Revenue
$92,540
UNIFORMS & CLOTHING
Revenue
$9,715
FALL PROGRAM
Revenue
$7,370
Organization Details
Founding Year
1996
Principal Officer
Jennifer Labrie
Website
www.ctstorm.comNTEE Category
Code: N60Z - Recreation
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