Overview
What is Lakeville Baseball Association Inc?
Lakeville Baseball Association Inc, based in Burnsville, Minnesota, serves as a nonprofit organization dedicated to offering supervised recreational and competitive baseball programs for the local community's children. Their primary objective is to create a fun and secure environment where young players can learn the fundamental skills and strategies of the game while embracing core values such as sportsmanship, honesty, loyalty, courage, and respect for others. The association's activities extend beyond just baseball, promoting a holistic development of the children in the community.
Official website here: www.lakevillebaseball.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Lakeville Baseball Association Inc has achieved an impressive score of 97%, reflecting its commitment to accountability and financial health. The rating is solely based on the organization's strong performance in the Accountability & Finance beacon, highlighting its effective governance and transparency practices.
The organization has a fully independent board of directors, consisting of 14 members, which emphasizes its dedication to ethical oversight. Moreover, there are no recorded material diversions of assets, indicating sound financial management. The presence of comprehensive policies, such as conflict of interest and whistleblower policies, further demonstrates its commitment to maintaining integrity and accountability in operations.
Financially, the Lakeville Baseball Association excels with a program expense ratio of 98.46%, suggesting that nearly all of its resources are directed towards its programs rather than administrative costs. Additionally, the organization maintains a liabilities to assets ratio of 0.00%, showcasing its stable financial position. Overall, the Lakeville Baseball Association Inc stands out as a well-managed nonprofit organization with a focus on community engagement through baseball programs.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeville Baseball Association Inc legitimate?
Lakeville Baseball Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeville Baseball Association 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lakevillebaseball.org
What is the mission statement of Lakeville Baseball Association Inc?
The Lakeville Baseball Association Inc's mission is geared towards providing a enjoyable and secure setting for both recreational and competitive baseball programs for the community's children. Beyond teaching the game's fundamentals and strategies, the association strives to instill values such as sportsmanship, honesty, loyalty, courage, and respect for others. This fosters a positive and respectful environment that goes beyond the game itself.
Official website here: www.lakevillebaseball.org
What is the revenue of Lakeville Baseball Association Inc?
Lakeville Baseball Association Inc's revenue in 2023 was $443,465.
Official website here: www.lakevillebaseball.org
Who are the executives of Lakeville Baseball Association Inc and what are their salaries?
There 425 volunteers at Lakeville Baseball Association Inc.
Here are 14 key members and their salaries:
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Official website here: www.lakevillebaseball.org
Where can I find the form 990 for Lakeville Baseball Association Inc?
Lakeville Baseball Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lakevillebaseball.org
Learn more at the official website: www.lakevillebaseball.org
Mission Statement of Lakeville Baseball Association Inc
Lakeville Baseball Association, a nonprofit organization, is dedicated to providing a enjoyable and secure atmosphere for both recreational and competitive baseball programs for the community's children. Beyond teaching the fundamental rules and strategies of the game, the association strives to instill values such as sportsmanship, honesty, loyalty, courage, and respect for others in the young players. By offering supervised baseball programs, Lakeville Baseball Association aims to foster a sense of teamwork and camaraderie among the children, promoting a positive and enriching experience for all involved.
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Impact
July, 2024
Lakeville Baseball Association Inc's impact is evident in the positive influence it has on the children of the community. By providing supervised recreational and competitive baseball programs, the association not only teaches the fundamentals and strategies of the game but also instills important principles such as sportsmanship, honesty, loyalty, courage, and respect for others. Through these activities, Lakeville Baseball Association Inc creates a fun and safe environment where children can learn, grow, and develop essential life skills while enjoying the sport they love.
This information is meant to be a general summary of Lakeville Baseball Association 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: $558
- Program Service Revenue: $295,394
- Gross Receipts: $510,038
Assets and Liabilities:
- Total Assets: $418,718
- Total Liabilities: $0
- Net Assets: $418,718
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$288,428
LBA FALL BALL & WINTER DEVELO
Revenue
$5,489
LBA SPONSORED TRAINING INCOME
Revenue
$1,327
SCHOLARSHIPS
Revenue
$150
Organization Details
Founding Year
2005
Principal Officer
Thane Hathaway
Website
www.lakevillebaseball.orgNTEE Category
Code: N63 - Recreation
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