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Marvin Ridge Mavericks Athletic Booster Club Inc

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

EIN: 208529959 ✦ Waxhaw, NC ✦ Designated as a 501(c)(3)

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Overview

What is Marvin Ridge Mavericks Athletic Booster Club Inc?

Marvin Ridge Mavericks Athletic Booster Club Inc, located at 2825 Crane Road, Waxhaw, NC 28173, is a dedicated nonprofit organization. Their primary mission is to bolster the athletic programs and related activities within the Marvin Ridge Schools. They play a significant role in supporting approximately 1,000 athletes throughout the academic year. The Booster Club is responsible for maintaining the sports fields on the campus and facilitating necessary facility improvements. They actively contribute to the athletic community, ensuring the continued growth and success of Marvin Ridge's sports programs.


Official website here: www.gomavericks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Stars

Marvin Ridge Mavericks Athletic Booster Club Inc has received a low rating of 54% from Charity Navigator, which translates to a One-Star rating. This score is primarily driven by its Accountability & Finance metrics, indicating significant areas for improvement in transparency and governance practices. The organization benefits from a fully independent board, which is a positive aspect of its governance structure.

While the organization scores well in areas like program expense ratio, demonstrating that a substantial portion of its funding goes directly to programs, it falls short in several critical accountability measures. The absence of key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about its governance and risk management practices.

Additionally, the organization has not provided financial statements, which limits its transparency to stakeholders. The liabilities to assets ratio indicates a concerning level of liabilities compared to its assets, suggesting potential financial instability. Overall, while there are strengths in program spending, the lack of financial documentation and policies highlights a need for improvement in governance and accountability practices.


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

Is Marvin Ridge Mavericks Athletic Booster Club Inc legitimate?

Marvin Ridge Mavericks Athletic Booster Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marvin Ridge Mavericks 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: $6,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gomavericks.org

What is the mission statement of Marvin Ridge Mavericks Athletic Booster Club Inc?

The Marvin Ridge Mavericks Athletic Booster Club Inc's mission is centered around supporting, encouraging, and enhancing the athletic programs and related activities within the Marvin Ridge Schools. This support extends to over a thousand athletes throughout the academic year. Their primary objective is to advance these athletic endeavors, enabling a thriving athletic community within the school system. The organization also plays a role in maintaining the sports fields on the campus and facilitating facility improvements.


Official website here: www.gomavericks.org

Who is the CEO of Marvin Ridge Mavericks Athletic Booster Club Inc?

Michael Jordan is the Principal Officer of Marvin Ridge Mavericks Athletic Booster Club Inc.


Official website here: www.gomavericks.org

What is the revenue of Marvin Ridge Mavericks Athletic Booster Club Inc?

Marvin Ridge Mavericks Athletic Booster Club Inc's revenue in 2022 was $678,494.


Official website here: www.gomavericks.org

Who are the executives of Marvin Ridge Mavericks Athletic Booster Club Inc and what are their salaries?

There 500 volunteers at Marvin Ridge Mavericks Athletic Booster Club Inc.


Here are 8 key members and their salaries:


Keith Svonovec (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Fazen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Messner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Messner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Matteson (Vp Sponsorships)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Terwilliger (Vp Memberships)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Jamerson (Hs Athletic Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Wahlers (Ms Athletic Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gomavericks.org

Where can I find the form 990 for Marvin Ridge Mavericks Athletic Booster Club Inc?

Marvin Ridge Mavericks Athletic Booster Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gomavericks.org

Learn more at the official website: www.gomavericks.org

Mission Statement of Marvin Ridge Mavericks Athletic Booster Club Inc

Marvin Ridge Mavericks Athletic Booster Club Inc, as a non-profit organization, is dedicated to supporting, encouraging, and advancing the athletic programs and related activities within the Marvin Ridge Schools. With a mission to serve over 1,000 athletes during the school year, this club plays a vital role in enhancing the athletic experiences of the students. Beyond financial support, the club also takes responsibility for maintaining the sports fields on the campus and making necessary facility improvements, ensuring that the athletes have a safe and suitable environment to excel in their respective sports.

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Impact




July, 2024

The impact of Marvin Ridge Mavericks Athletic Booster Club Inc is significant as it supports, encourages, and advances the athletic programs and related activities to the Marvin Ridge Schools. With a mission to support over 1,000 athletes during the school year, the organization plays a vital role in enhancing the sports experience for students. Additionally, the club's responsibility for maintaining sports fields on the campus and making facility improvements contributes to creating a conducive environment for sports development and excellence. In doing so, Marvin Ridge Mavericks Athletic Booster Club Inc positively influences the athletic pursuits and experiences of students, enriching their educational journey.




This information is meant to be a general summary of Marvin Ridge Mavericks 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.

Revenue
$678,494 (2022)
Expenses
$763,690 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25
  • Program Service Revenue: $364,723
  • Gross Receipts: $775,943

Assets and Liabilities:

  • Total Assets: $788,344
  • Total Liabilities: $548,138
  • Net Assets: $240,206

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Programs

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

Admissions

Revenue

$39,100

Registration Fees

Revenue

$325,623

Organization Details

Founding Year

2007

Principal Officer

Michael Jordan

Main Address

2825 Crane Road, Waxhaw, NC, 28173

NTEE Category

Code: B19 - Education

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