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Prosper Youth Sports Association Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208141451 ✦ Prosper, TX ✦ Designated as a 501(c)(3)

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Overview

What is Prosper Youth Sports Association Inc?

Prosper Youth Sports Association Inc, based in Prosper, Texas, is a nonprofit organization dedicated to providing various sports programs for over 500 youth participants. Their mission is rooted in promoting sports within the community, fostering character development, and reinforcing essential life skills for the players. The association collaborates with local city and school athletic departments, advocating for diversity in athletic programs and encouraging volunteerism. Their offerings span across sports including basketball, cheerleading, football, golf, lacrosse, swimming, and volleyball.


Official website here: www.prospertx-sports.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating.

Prosper Youth Sports Association Inc demonstrates a strong commitment to its mission, particularly reflected in its high program expense ratio of 95.89%, indicating that a significant portion of its expenditures directly supports its programs. The organization benefits from a fully independent board, which enhances its governance structure and promotes accountability.

However, the organization faces notable limitations in its accountability practices, as it lacks essential policies like a conflict of interest policy and a whistleblower policy. These omissions may raise concerns about oversight and transparency. While it has shown commendable financial management with no material diversion of assets, the absence of critical governance policies could impact its overall effectiveness and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Prosper Youth Sports Association Inc legitimate?

Prosper Youth Sports Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prosper Youth Sports 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.


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


Official website here: www.prospertx-sports.com

What is the mission statement of Prosper Youth Sports Association Inc?

The Prosper Youth Sports Association Inc was established with the aim of promoting sports activities in various communities. This association is committed to building character and reinforcing essential life skills in its participants. Moreover, it encourages and educates the diversification of athletic programs, fostering a comprehensive approach to youth sports. Additionally, the association advocates for volunteerism, encouraging community involvement in sports activities. Prosper Youth Sports Association Inc offers several sports programs, including basketball, cheerleading, football, golf, lacrosse, swimming, and volleyball, for over 500 youth participants.


Official website here: www.prospertx-sports.com

Who is the CEO of Prosper Youth Sports Association Inc?

Casey Thomas is the President of Prosper Youth Sports Association Inc.


Official website here: www.prospertx-sports.com

What is the revenue of Prosper Youth Sports Association Inc?

Prosper Youth Sports Association Inc's revenue in 2022 was $731,296.


Official website here: www.prospertx-sports.com

Who are the executives of Prosper Youth Sports Association Inc and what are their salaries?


Here are 3 key members and their salaries:


Eric Hudson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Signman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Thomas (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.prospertx-sports.com

Where can I find the form 990 for Prosper Youth Sports Association Inc?

Prosper Youth Sports Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.prospertx-sports.com

Learn more at the official website: www.prospertx-sports.com

Mission Statement of Prosper Youth Sports Association Inc

Prosper Youth Sports Association Inc, a nonprofit organization, was established with the primary aim of promoting sports within Prosper and surrounding communities. The association's mission is twofold: firstly, to foster cooperation with local city and school athletic departments, and secondly, to nurture character and reinforce essential life skills in the young participants. The organization is also committed to encouraging and educating the diversification of athletic programs, thereby offering a wide range of sports activities.

In line with its mission, Prosper Youth Sports Association Inc provides various local sports programs for over 500 youth participants. These programs encompass a diverse spectrum of sports, including basketball, cheerleading, football, golf, lacrosse, swimming, and volleyball. By promoting these activities, the association aims to engage and empower young individuals, providing them with an opportunity to develop teamwork, discipline, and sportsmanship. Furthermore, by encouraging the diversification of athletic programs, Prosper Youth Sports Association Inc fosters an inclusive environment, allowing every child to find a sport that resonates with their interests and abilities.

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Impact




October, 2024

Prosper Youth Sports Association Inc significantly impacts the community by promoting sports and fostering personal growth among young participants. With over 500 youth engaged in various athletic programs like basketball, cheerleading, football, golf, lacrosse, swimming, and volleyball, the association plays a crucial role in enriching the lives of these children.

By prioritizing character development and life skills, PYSA not only teaches sportsmanship but also instills values such as teamwork, discipline, and perseverance. The organization encourages youth to participate in a broad range of athletic activities, which helps to diversify their experiences and interests, contributing to well-rounded development.

Furthermore, PYSA fosters a spirit of collaboration with local city and school athletic departments, enhancing community cohesion and involving parents and volunteers in the process. This engagement promotes volunteerism and builds a supportive network that benefits all stakeholders. Overall, the association's commitment to youth development through sports positively influences the Prosper community and nurtures the next generation of athletes and leaders.




This information is meant to be a general summary of Prosper Youth Sports 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.

Revenue
$731,296 (2022)
Expenses
$773,667 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $731,182
  • Gross Receipts: $731,296

Assets and Liabilities:

  • Total Assets: $237,660
  • Total Liabilities: $0
  • Net Assets: $237,660

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGISTRATION

Revenue

$685,782

TICKET SALES

Revenue

$32,180

SPONSORSHIP REVENUE

Revenue

$8,487

DONATIONS

Revenue

$7,299

REGISTRATION REFUND

Revenue

-$2,566

Organization Details

Founding Year

2007

Principal Officer

Casey Thomas

Main Address

PO BOX 99, PROSPER, TX, 75078

NTEE Category

Code: O50 - Youth development

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