Overview
What is Us Challenge Cup Inc?
Us Challenge Cup Inc, based in Riverside, Rhode Island, serves as a nonprofit organization with a focus on supporting and empowering amateur junior golfers. Situated at 100 Amaral St, this organization hosts golf tournaments to offer these young athletes an opportunity for both athletic growth and social development. The mission of Us Challenge Cup Inc is to provide these junior golfers with a platform to excel, fostering their skills and passion for the sport. With a dedicated team of 5 individuals, the organization strives to create a supportive environment for these aspiring golfers.
Official website here: www.uschallengecup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Us Challenge Cup Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The overall score is solely derived from the Accountability & Finance beacon, which suggests that the organization may not meet the standard expectations for transparency and governance.
The organization shows a notable weakness in board independence, scoring zero points in both the majority independent board members and independent board size categories. Additionally, it lacks essential policies such as conflict of interest and whistleblower protections, which are critical for maintaining ethical standards and accountability.
On a positive note, Us Challenge Cup Inc scored well on certain financial metrics, such as a perfect score for liabilities to assets ratio and program expense ratio, indicating that it is managing its resources effectively. However, the absence of key governance policies and a fully independent board raises concerns about the organization's long-term viability and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Us Challenge Cup Inc legitimate?
Us Challenge Cup Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Us Challenge Cup 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: $82,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,385
For more financial information, click here
Official website here: www.uschallengecup.org
What is the mission statement of Us Challenge Cup Inc?
Us Challenge Cup Inc's mission is centered around providing opportunities for amateur junior golfers. Their primary aim is to facilitate tournament participation, fostering both athletic growth and social development among these young golfers. The organization actively engages in organizing golf tournaments and supports national competitions, thereby contributing to the overall development of these junior golfers.
Official website here: www.uschallengecup.org
What is the revenue of Us Challenge Cup Inc?
Us Challenge Cup Inc's revenue in 2023 was $497,644.
Official website here: www.uschallengecup.org
Who are the executives of Us Challenge Cup Inc and what are their salaries?
The average compensation at Us Challenge Cup Inc during 2023 was $25,485. There are 6 employees at Us Challenge Cup Inc.
Here are 4 key members and their salaries:
- Compensation: $82,524
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.uschallengecup.org
Where can I find the form 990 for Us Challenge Cup Inc?
Us Challenge Cup Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uschallengecup.org
Learn more at the official website: www.uschallengecup.org
Mission Statement of Us Challenge Cup Inc
Us Challenge Cup Inc, as a nonprofit organization, is dedicated to providing tournament opportunities for amateur junior golfers, aiming to foster their athletic growth and social development. The mission of Us Challenge Cup Inc is to serve as a platform for these young golfers, offering them the chance to showcase their skills and talents in a competitive setting. Beyond the sport, the organization strives to create a supportive environment where junior golfers can build camaraderie and make lasting connections. By participating in these tournaments, the golfers not only enhance their golf skills but also gain valuable life lessons about sportsmanship, resilience, and teamwork. Us Challenge Cup Inc plays a significant role in nurturing the next generation of golfers, providing them with the necessary experiences to excel in their chosen sport and beyond.
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Impact
July, 2024
Us Challenge Cup Inc's impact is seen in the opportunities it provides for amateur junior golfers to compete in tournaments, fostering their athletic and social achievements. By running golf tournaments and supporting national competitions for young golf enthusiasts, the organization plays a crucial role in developing the skills and sportsmanship of the next generation of golfers. Through its mission to provide these tournament opportunities, Us Challenge Cup Inc contributes to the growth and success of amateur junior golfers, helping them to excel both on and off the course.
This information is meant to be a general summary of Us Challenge Cup 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 2023.
- Program Service Revenue: $443,144
- Gross Receipts: $497,644
Assets and Liabilities:
- Total Assets: $12,679
- Total Liabilities: $0
- Net Assets: $12,679
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tournament Revenue
Revenue
$443,144
Organization Details
Founding Year
1980
Principal Officer
David F Adamonis Jr
Website
www.uschallengecup.orgNTEE Category
Code: N60 - Recreation
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