Overview
What is Laker Athletic Booster Club Inc?
The Laker Athletic Booster Club Inc, located within MN Isd 719 PLHS, is a dedicated nonprofit organization. Its primary mission is to champion the sports activities within the school district, offering substantial aid to various sporting teams. This assistance encompasses coaching expenses, transportation costs, and the procurement of team equipment, practice facilities, as well as tournament and invitational expenses. The club also extends its support by providing team apparel and essential practice equipment for games, matches, and practices. In essence, the Laker Athletic Booster Club Inc serves as a vital source of resources for the sports community within MN Isd 719 PLHS, ensuring their continued success and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, earning a One-Star out of Four Star rating
The Laker Athletic Booster Club Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 52, the organization struggles with several key areas, including the absence of independent board members and missing essential documents such as a conflict of interest policy and a whistleblower policy. These issues suggest a lack of transparency and governance that can impact trust.
Despite these shortcomings, the organization does have strengths in its program expense ratio, which stands at 72.59%, indicating a solid commitment to funding its programs. Furthermore, the liabilities to assets ratio of 29.81% suggests that the organization is managing its financial obligations reasonably well. However, the lack of publicly available financial statements and documents on its website raises red flags about its operational transparency.
Overall, while the Laker Athletic Booster Club Inc demonstrates a focus on its programs, the absence of critical governance policies and independent oversight may detract from its credibility. Potential donors and supporters may want to consider these factors when evaluating their involvement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Laker Athletic Booster Club Inc legitimate?
Laker Athletic Booster Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laker Athletic Booster 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Laker Athletic Booster Club Inc?
The Laker Athletic Booster Club Inc serves to support the sports activities of MN Isd 719 PLHS. They accomplish this by directly funding various expenses, such as coaching, transportation, equipment, and facility rentals for the sporting teams. Furthermore, they provide team apparel, practice equipment, and other necessary supplies for games, matches, and practices. In essence, their mission is to enhance the sports experience for the students of MN Isd 719 PLHS.
Who is the CEO of Laker Athletic Booster Club Inc?
Jodi Bianchi is the President of Laker Athletic Booster Club Inc.
What is the revenue of Laker Athletic Booster Club Inc?
Laker Athletic Booster Club Inc's revenue in 2022 was $1,064,377.
Who are the executives of Laker Athletic Booster Club Inc and what are their salaries?
There 15 volunteers at Laker Athletic Booster Club Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Laker Athletic Booster Club Inc?
Laker Athletic Booster Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Laker Athletic Booster Club Inc
The Laker Athletic Booster Club Inc plays a significant role in supporting the sports activities of MN Isd 719 PLHS. This non-profit organization directly contributes to the success of various sporting teams by providing essential resources. They cover coaching costs, manage transportation expenses, fund team equipment, and rent necessary practice facilities. Furthermore, the Laker Athletic Booster Club Inc also takes care of tournament and invitational costs, ensuring that the teams can participate in various competitions.
Beyond financial support, this club also provides team apparel, practice equipment, and other necessary supplies. These resources are crucial for teams to perform well during games, matches, and practices. By doing so, the Laker Athletic Booster Club Inc significantly enhances the overall sports experience for the students of MN Isd 719 PLHS. Their unwavering commitment to supporting sports activities embodies their mission to contribute positively to the development of young athletes.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Laker Athletic Booster Club Inc plays a crucial role in enhancing the sports programs at Minnesota ISD 719 Prior Lake High School. By providing financial and logistical support, the Club directly impacts student-athletes’ experiences and opportunities.
The organization covers essential costs such as coaching, transportation, and team equipment, ensuring that teams can operate smoothly and effectively. It facilitates the rental of practice facilities, which is vital for teams to train properly. Additionally, the Booster Club contributes to the funding of tournaments and invitationals, allowing student-athletes to compete at higher levels and gain valuable experience.
Furthermore, Laker Athletic Booster Club Inc supplies team apparel, practice equipment, and other necessary materials for games and matches, contributing to the overall professionalism of the teams. This support not only fosters a spirit of collaboration and teamwork but also enhances the educational experience for student-athletes by promoting physical health, discipline, and school pride. Overall, the Booster Club significantly enriches the athletic landscape within the Prior Lake community.
This information is meant to be a general summary of Laker Athletic Booster 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.
- Gross Receipts: $1,064,377
Assets and Liabilities:
- Total Assets: $955,627
- Total Liabilities: $294,052
- Net Assets: $661,575
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2007
Phone
(952) 221-4166Principal Officer
Jodi Bianchi
Main Address
PO BOX 252, PRIOR LAKE, MN, 55372
NTEE Category
Code: B112 - Education
If you are a representative of Laker Athletic Booster Club Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.