Usa Baseball Foundation Inc

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

EIN: 222793367 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is Usa Baseball Foundation Inc?

Usa Baseball Foundation Inc, based in Durham, North Carolina, serves as a philanthropic entity. Its primary objective is to provide financial support to various non-profit organizations that share a common goal of promoting the sport of baseball. Specifically, the foundation channelizes its resources towards the United States Baseball Federation, Inc., to foster the growth and development of the game at a national level. Despite not offering direct services or programs, Usa Baseball Foundation Inc plays a significant role in nurturing the baseball community by providing crucial funding.


Official website here: www.usabaseball.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93%, Four-Star out of Four Star rating

The Usa Baseball Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is primarily derived from its high accountability score of 93%, showcasing the organization's commitment to transparency and responsible financial management. This rating indicates a well-structured organization that effectively utilizes its resources.

Key strengths include a fully independent board, with 100% independent members, and a solid financial structure evidenced by a liabilities to assets ratio of 0.00%. The foundation also demonstrates a strong commitment to documenting its processes, with comprehensive policies in place regarding conflict of interest and document retention. These factors contribute to a high level of trustworthiness among donors and stakeholders.

However, there is a noted limitation, as the foundation lacks a whistleblower policy, which could be a potential area for improvement. Despite this, the organization's strong program expense ratio of 72.55% indicates that a significant portion of its resources is directed towards its programs, further affirming its dedication to its mission. Overall, the Usa Baseball Foundation Inc stands out as a reputable nonprofit with strong governance practices.


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

Is Usa Baseball Foundation Inc legitimate?

Usa Baseball Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usa Baseball Foundation 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.usabaseball.com

What is the mission statement of Usa Baseball Foundation Inc?

The U.S.A. Baseball Foundation Inc's mission is centered around providing financial support. More specifically, it funds the United States Baseball Federation Inc. Beyond this, the foundation extends its financial aid to other non-profit organizations that are dedicated to promoting the game of baseball. By doing so, it contributes to the broader growth and development of baseball within various communities.


Official website here: www.usabaseball.com

Who is the CEO of Usa Baseball Foundation Inc?

Ray Darwin is the Trustee of Usa Baseball Foundation Inc.


Official website here: www.usabaseball.com

What is the revenue of Usa Baseball Foundation Inc?

Usa Baseball Foundation Inc's revenue in 2022 was $39,016.


Official website here: www.usabaseball.com

Who are the executives of Usa Baseball Foundation Inc and what are their salaries?

There 5 volunteers at Usa Baseball Foundation Inc.


Here are 5 key members and their salaries:


Willie Bloomquist (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gaski (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Darwin (Treasurer)
  • Compensation: $0
  • Related: $184,435
  • Other: $29,173
Don Etheridge (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Seiler (Assistant Secretary)
  • Compensation: $0
  • Related: $315,200
  • Other: $33,735


Official website here: www.usabaseball.com

Where can I find the form 990 for Usa Baseball Foundation Inc?

Usa Baseball Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.usabaseball.com

Learn more at the official website: www.usabaseball.com

Mission Statement of Usa Baseball Foundation Inc

Usa Baseball Foundation Inc is dedicated to supporting the United States Baseball Federation Inc financially. This nonprofit organization's mission is to provide essential funding to other non-profit entities that share a passion for promoting the game of baseball. By offering financial assistance, Usa Baseball Foundation Inc contributes to the growth and development of various organizations that work tirelessly to foster a love for baseball within communities across the nation.

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Impact




August, 2024

The impact of Usa Baseball Foundation Inc can be seen through its support in funding the United States Baseball Federation, Inc. This assistance helps in the development and promotion of baseball at various levels, from grassroots to elite competition. Additionally, by providing funding to other nonprofit organizations that promote the game of baseball, the foundation contributes to the growth of the sport and its positive impact on communities. The foundation's efforts ultimately help in fostering a love for baseball, encouraging physical activity, teamwork, and sportsmanship among individuals of all ages.




This information is meant to be a general summary of Usa Baseball Foundation 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
$39,016 (2022)
Expenses
$86,550 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39,016
  • Gross Receipts: $791,364

Assets and Liabilities:

  • Total Assets: $2,047,785
  • Total Liabilities: $0
  • Net Assets: $2,047,785

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Organization Details

Founding Year

1987

Principal Officer

Ray Darwin

Main Address

2933 SOUTH MIAMI BLVD 119, DURHAM, NC, 27703

NTEE Category

Code: N63 - Recreation

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