Overview
What is Big Apple Triathlon Club Inc?
Big Apple Triathlon Club Inc, doing business as New York Triathlon, is a small-scale nonprofit organization based in Lynbrook, New York. Their primary mission revolves around organizing athletic events, serving as a platform for fundraising initiatives for various charitable organizations and fostering team building among other organizations. During 2022, they staged various events to achieve these objectives, collaborating with both national and local sports organizations. The Executive Director plays a pivotal role in executing these events. Their operational address can be found at PO Box 243, Lynbrook, NY 11563.
Official website here: www.nytri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68% (Two-Star out of Four Star rating)
Big Apple Triathlon Club Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. The overall score is calculated based on a single beacon score, with the accountability and finance score being 68%. This rating reflects the organization's financial health and governance structure, which are essential for building trust with supporters and beneficiaries.
The organization demonstrates some strengths, including having a fully independent board with 10 members, as well as a good program expense ratio of 97.03%, indicating that a large portion of its expenditures directly supports its mission. The club also adheres to best practices in documenting board meeting minutes and has a conflict of interest policy listed on its tax form.
However, there are notable areas for concern. The lack of a conflict of interest policy and whistleblower policy received zero points, which raises questions about governance practices. Additionally, the high liabilities to assets ratio of 94.87% is a significant red flag, suggesting potential financial instability. Overall, while the organization has positive aspects, addressing these weaknesses is crucial for enhancing its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Big Apple Triathlon Club Inc legitimate?
Big Apple Triathlon Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Apple Triathlon 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: $15,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nytri.org
What is the mission statement of Big Apple Triathlon Club Inc?
The Big Apple Triathlon Club Inc's mission involves staging athletic events as a means of fundraising for not-for-profit organizations and serving as a platform for team-building activities for various organizations. The club collaborates with both national and local sports organizations to stimulate interest in triathlon race events. Throughout 2022, the organization successfully organized various athletic events.
Official website here: www.nytri.org
Who is the CEO of Big Apple Triathlon Club Inc?
Ron Darress is the Executive Director of Big Apple Triathlon Club Inc.
Official website here: www.nytri.org
What is the revenue of Big Apple Triathlon Club Inc?
Big Apple Triathlon Club Inc's revenue in 2022 was $177,163.
Official website here: www.nytri.org
Who are the executives of Big Apple Triathlon Club Inc and what are their salaries?
The average compensation at Big Apple Triathlon Club Inc during 2022 was $15,000. There is 1 employee at Big Apple Triathlon Club Inc.
Here are 4 key members and their salaries:
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nytri.org
Where can I find the form 990 for Big Apple Triathlon Club Inc?
Big Apple Triathlon Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nytri.org
Learn more at the official website: www.nytri.org
Mission Statement of Big Apple Triathlon Club Inc
Big Apple Triathlon Club Inc, a non-profit organization, is dedicated to staging athletic events. These events serve dual purposes: they function as fundraising activities for other charitable organizations and serve as team-building opportunities for various organizations. The club works closely with both national and local sports organizations to promote interest in triathlon race events. By organizing these events, Big Apple Triathlon Club Inc contributes to the broader community, supporting various causes while also fostering team spirit within participating organizations.
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Impact
October, 2024
Big Apple Triathlon Club Inc has made a significant impact in promoting athleticism and community engagement through its staging of various athletic events. In 2022, the organization successfully organized multiple races that not only showcased the sport of triathlon but also served as effective fundraising activities for various not-for-profit organizations. By collaborating with both national and local sports organizations, the club has played a crucial role in increasing interest in triathlon events, fostering a sense of camaraderie among participants, and encouraging healthier lifestyles within the community. Their efforts contribute to team building for other organizations, creating opportunities for collaboration and collective achievements. Overall, the club's initiatives help strengthen community bonds and promote recreational activities in Lynbrook, NY.
This information is meant to be a general summary of Big Apple Triathlon 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 2022.
- Program Service Revenue: $177,163
- Gross Receipts: $177,163
Assets and Liabilities:
- Total Assets: $6,352
- Total Liabilities: $0
- Net Assets: $6,352
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STAGING ATHLETIC EVENT
Revenue
$175,414
OTHER PROGRAM INCOME
Revenue
$1,749
Organization Details
Founding Year
1983
Phone
(845) 247-0271Principal Officer
Ron Darress
Main Address
PO Box 243, Lynbrook, NY, 11563
Website
www.nytri.orgNTEE Category
Code: N70 - Recreation
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