Overview
What is City Lax Inc?
City Lax Inc is a dedicated nonprofit organization situated in New York, New York, specifically at 65 W 89th Street. Their primary mission is to enrich educational opportunities, physical fitness, and life skills for youth, middle school, and high school students residing in New York City. To accomplish this, City Lax Inc initiates character-building sports programs in collaboration with New York City public schools and various community-based organizations, with a focus on the game of lacrosse. Their team consists of two committed individuals, working tirelessly to contribute positively to the local community.
Official website here: www.citylax.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
City Lax Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial health and transparency. While the organization boasts a fully independent board and has established policies for conflict of interest, whistleblower protection is notably absent. Additionally, the nonprofit has not posted its tax form on its website, which further raises questions about its accountability.
The financial metrics reveal that City Lax has a low program expense ratio of 40.57%, suggesting that a smaller portion of its budget is directed towards its programs compared to administrative or fundraising expenses. Moreover, the liabilities to assets ratio stands at 0.88%, which reflects potential financial instability. These factors contribute to the overall low score in the accountability and finance category.
Despite these challenges, City Lax demonstrates some strengths, including its commitment to maintaining an independent board and ensuring proper documentation of board meeting minutes. However, the lack of a whistleblower policy and transparency in financial reporting highlight areas where the organization could improve to better serve its mission and community.
This AI summary has been generated from information found on Charity Navigator.
Is City Lax Inc legitimate?
City Lax Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Lax 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: $159,520
For more financial information, click here
Official website here: www.citylax.org
What is the mission statement of City Lax Inc?
City Lax Inc's mission is centered around initiating character-building sports programs, with a focus on lacrosse, for New York City public schools and community-based organizations. The primary objective is to enhance educational opportunities, improve fitness levels, and develop essential life skills among boys and girls in the youth, middle school, and high school age groups residing in the five boroughs of New York City.
Official website here: www.citylax.org
Who is the CEO of City Lax Inc?
Mathew Levine is the Director of City Lax Inc.
Official website here: www.citylax.org
What is the revenue of City Lax Inc?
City Lax Inc's revenue in 2022 was $548,803.
Official website here: www.citylax.org
Who are the executives of City Lax Inc and what are their salaries?
The average compensation at City Lax Inc during 2022 was $79,760. There are 2 employees at City Lax Inc.
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Official website here: www.citylax.org
Where can I find the form 990 for City Lax Inc?
City Lax Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.citylax.org
Learn more at the official website: www.citylax.org
Mission Statement of City Lax Inc
City Lax Inc, a nonprofit organization, is committed to initiating character-building sports programs with New York City public schools and various community-based organizations, with a primary focus on the game of lacrosse. Their mission is geared towards enhancing educational opportunities, improving fitness levels, and fostering essential life skills among boys and girls within the youth, middle school, and high school age groups residing in the five boroughs of New York City, NY. By integrating sports into their programming, City Lax Inc aims to instill positive values, boost self-confidence, and promote teamwork among the participating children and youth.
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Impact
July, 2024
City Lax Inc's impact lies in its commitment to starting character-based sports programs in New York City public schools and other community-based organizations, with a specific focus on the game of lacrosse. By doing so, City Lax aims to enhance educational opportunities, improve fitness levels, and teach important life skills to boys and girls in the youth, middle school, and high school age groups living in the five boroughs of New York City. The organization's efforts not only promote physical activity and sportsmanship but also contribute to the overall well-being and development of the city's youth population.
This information is meant to be a general summary of City Lax 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: $181
- Gross Receipts: $548,803
Assets and Liabilities:
- Total Assets: $501,444
- Total Liabilities: $2,119
- Net Assets: $499,325
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Organization Details
Founding Year
2005
Phone
(917) 957-4409Principal Officer
Mathew Levine
Main Address
65 W 89TH STREET, NEW YORK, NY, 10024
Website
www.citylax.orgNTEE Category
Code: N60 - Recreation
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