Overview
What is Friends Of Manhasset Crew Inc?
Friends of Manhasset Crew Inc is a nonprofit organization situated in Manhasset, New York. With a small team of ten individuals, its primary objective is to nurture an interest in crewing among students at Manhasset High School. The organization is committed to upholding sportsmanship and encouraging a healthy lifestyle among its members. By promoting team spirit, Friends of Manhasset Crew Inc aims to foster a love for team sports among the students it serves.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Friends Of Manhasset Crew Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 94%, the organization demonstrates a high level of transparency and effective management practices, which is crucial for donor confidence and the overall impact of the nonprofit.
The organization boasts a fully independent board, with all 9 members meeting the criteria for independence, and has received top scores in key accountability metrics. It has established policies for conflict of interest, whistleblower protection, and document retention, showcasing its commitment to ethical governance. Additionally, the financial health of Friends Of Manhasset Crew Inc is highlighted by a low liabilities to assets ratio of 31.06% and a program expense ratio of 93.08%, indicating that a significant portion of its expenditures directly supports its mission.
No limitations were noted in the provided data, which suggests that Friends Of Manhasset Crew Inc is effectively utilizing its resources and maintaining high standards of operational integrity. Overall, the nonprofit appears well-positioned to make a significant impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Manhasset Crew Inc legitimate?
Friends Of Manhasset Crew Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Manhasset Crew 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $255,226
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What is the mission statement of Friends Of Manhasset Crew Inc?
The mission of Friends Of Manhasset Crew Inc is centered around promoting team spirit and encouraging student participation in team sports. Specifically, their goal is to stimulate interest in rowing among students at Manhasset High School. Additionally, they aim to instill values of sportsmanship and a commitment to living a clean and healthy lifestyle among the participating students.
Who is the CEO of Friends Of Manhasset Crew Inc?
Loreano Llago is the President of Friends Of Manhasset Crew Inc.
What is the revenue of Friends Of Manhasset Crew Inc?
Friends Of Manhasset Crew Inc's revenue in 2022 was $609,033.
Who are the executives of Friends Of Manhasset Crew Inc and what are their salaries?
The average compensation at Friends Of Manhasset Crew Inc during 2022 was $25,523. There are 10 employees and 20 volunteers at Friends Of Manhasset Crew Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Friends Of Manhasset Crew Inc?
Friends Of Manhasset Crew Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Manhasset Crew Inc
Friends of Manhasset Crew Inc, a nonprofit organization, is dedicated to promoting team spirit amongst students and fostering their interest in team sports. Their mission is centered around encouraging Manhasset High School students to engage in crewing, while also instilling the values of sportsmanship and a commitment to living a clean and healthy lifestyle. By investing in the passion for crewing in these students, the organization aims to create a positive and engaging environment, fostering a sense of community and camaraderie.
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Impact
July, 2024
Friends Of Manhasset Crew Inc's impact can be seen in the promotion of team spirit and fostering student interest in team sports, particularly crewing for Manhasset High School students. Through their efforts, they aim to cultivate sportsmanship and uphold values of clean living among the students involved. Their work not only enhances the athletic experiences of individuals but contributes to a stronger sense of community and camaraderie within the team.
This information is meant to be a general summary of Friends Of Manhasset Crew 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.
- Investment Income: $27
- Program Service Revenue: $568,017
- Gross Receipts: $630,218
Assets and Liabilities:
- Total Assets: $507,299
- Total Liabilities: $176,637
- Net Assets: $330,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSE
Revenue
$568,017
Organization Details
Founding Year
2004
Phone
(516) 721-7640Principal Officer
Loreano Llago
Main Address
PO BOX 791, MANHASSET, NY, 11030
NTEE Category
Code: N67 - Recreation
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