Overview
What is Hannibal Sports Boosters Inc?
Hannibal Sports Boosters Inc is a dedicated nonprofit organization situated in Hannibal, New York. Their primary mission is to strengthen their local school district by implementing initiatives that encourage sports participation. This involves providing essential sports equipment as part of their support programs. Additionally, the organization operates as a sports training facility and agency, offering a platform for skill development and promoting sports culture within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects the organization's accountability and financial health, which is particularly notable given that Hannibal Sports Boosters Inc has achieved a high Program Expense Ratio of 93.81%. This means that a significant portion of their funds is directed towards their programs, indicating a commitment to their mission.
The organization boasts a fully independent board, with 100% of its members being independent, and a strong board size comprising seven members. Additionally, there are no reported issues with the diversion of assets, and the organization maintains transparency by documenting board meeting minutes. The Liabilities to Assets ratio of 0.00% signals a solid financial position without debt obligations.
However, despite these strengths, the overall Two-Star rating suggests there may be areas for improvement in financial accountability or operational efficiency. The organization may need to enhance its financial management practices or increase its overall impact to achieve a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Hannibal Sports Boosters Inc legitimate?
Hannibal Sports Boosters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hannibal Sports Boosters Inc submitted a form 990EZ, 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.
What is the mission statement of Hannibal Sports Boosters Inc?
Hannibal Sports Boosters Inc. has a mission to support and advance the local school district by implementing various programs. One of these programs involves providing sports equipment as gifts. The organization operates as a sports training facility and agency, offering its services beyond just equipment provision. By doing so, Hannibal Sports Boosters Inc. aims to positively impact the local community's sports culture and contribute to the overall development of the school district's athletes.
Who is the CEO of Hannibal Sports Boosters Inc?
Sarah Kuc is the President of Hannibal Sports Boosters Inc.
What is the revenue of Hannibal Sports Boosters Inc?
Hannibal Sports Boosters Inc's revenue in 2022 was $7,335.
Who are the executives of Hannibal Sports Boosters Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Hannibal Sports Boosters Inc?
Hannibal Sports Boosters Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Hannibal Sports Boosters Inc
Hannibal Sports Boosters Inc, a nonprofit organization, is dedicated to supporting and enhancing the local school district. They accomplish this mission by implementing various programs, one of which involves gifting sports equipment to the community. Beyond this, Hannibal Sports Boosters Inc also operates as a sports training facility and agency, providing a space for individuals to develop their athletic skills. In essence, the organization is committed to fostering a strong connection between sports and education within the community.
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Impact
August, 2024
Hannibal Sports Boosters Inc's impact is felt through its dedicated support and promotion of the local school district in Hannibal, NY. By providing essential sports equipment and operating as a sports training facility, the organization positively impacts the athletic development and opportunities for students in the community. Their efforts contribute to enhancing the overall sports experience and fostering a culture of physical activity and skill-building among youth in the area.
This information is meant to be a general summary of Hannibal Sports Boosters 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: $5
- Program Service Revenue: $5,154
- Gross Receipts: $11,383
Assets and Liabilities:
- Total Assets: $24,489
- Total Liabilities: $0
- Net Assets: $24,489
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Organization Details
Principal Officer
Sarah Kuc
Main Address
PO BOX 62, HANNIBAL, NY, 13074
NTEE Category
Code: B11 - Education
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