Overview
What is Newark Athletic Hall Of Fame?
The Newark Athletic Hall of Fame is a distinguished nonprofit organization situated in Newark. It primarily serves to honor and celebrate the outstanding athletic achievements of former Newark residents. Beyond this, the organization demonstrates its commitment to supporting the community's future by offering scholarships to exceptional students from Newark. These scholarships are awarded to students who have demonstrated excellence in both their academic and athletic pursuits. By recognizing and nurturing talent in this way, the Newark Athletic Hall of Fame continues to make significant contributions to the city's community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Newark Athletic Hall Of Fame has achieved a high rating of 90%, reflecting strong performance in accountability and finance. The organization has a completely independent board of members, scoring full points in this area, which indicates effective governance. Additionally, its program expense ratio of 86.54% suggests that a significant portion of its funds directly supports its mission, showcasing a commitment to impactful programming.
The organization also demonstrates excellent financial oversight, with no material diversion of assets reported and a perfect liabilities to assets ratio of 0.00%. This financial health indicates effective management and a low risk of financial instability. The presence of key policies, including conflict of interest and document retention policies, further enhances its governance framework.
However, it is noted that the Newark Athletic Hall Of Fame is missing a whistleblower policy, which could be a potential area for improvement in their transparency and accountability practices. Overall, the organization stands out for its financial integrity and governance but may benefit from strengthening its policies to ensure comprehensive protection for its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Newark Athletic Hall Of Fame legitimate?
Newark Athletic Hall Of Fame is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newark Athletic Hall Of Fame submitted a form 990EZ, 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.
What is the mission statement of Newark Athletic Hall Of Fame?
The Newark Athletic Hall of Fame's mission is centered around recognizing and honoring the achievements of distinguished former athletes hailing from Newark. In addition to this, the organization offers scholarships to exceptionally talented students from Newark who have excelled both in their academic pursuits and in athletics. The scholarships are awarded based on these students' accomplishments.
Who is the CEO of Newark Athletic Hall Of Fame?
Harry Snyder is the President of Newark Athletic Hall Of Fame.
What is the revenue of Newark Athletic Hall Of Fame?
Newark Athletic Hall Of Fame's revenue in 2022 was $76,495.
Who are the executives of Newark Athletic Hall Of Fame and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990EZ for Newark Athletic Hall Of Fame?
Newark Athletic Hall Of Fame's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Newark Athletic Hall Of Fame
The Newark Athletic Hall of Fame is an organization dedicated to celebrating and honoring the achievements of prominent athletes who hail from Newark. Beyond this, the institution also extends its support to exceptional students residing in Newark by offering scholarships. These scholarships are awarded to individuals who have demonstrated remarkable success not only in their athletic pursuits but also in their academic endeavors. The selection criteria for these scholarships are based on the recipients' accomplishments.
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Impact
August, 2024
The Newark Athletic Hall of Fame has had a significant impact on the community of Newtown, PA by recognizing and honoring outstanding former Newark athletes for their accomplishments. By celebrating the achievements of these athletes, the Hall of Fame inspires current and future generations to strive for excellence in sports.
Moreover, the Hall of Fame's provision of scholarships for outstanding students who excel in both athletics and academics further contributes to the development and success of the youth in Newark. These scholarships not only help students pursue their educational and athletic goals but also serve as a recognition of their hard work and dedication.
Overall, the Newark Athletic Hall of Fame plays a vital role in fostering a culture of achievement, sportsmanship, and academic excellence in the community, leaving a lasting impact on the lives of individuals and the overall development of Newtown, PA.
This information is meant to be a general summary of Newark Athletic Hall Of Fame. 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.
- Investment Income: $316
- Program Service Revenue: $76,179
- Gross Receipts: $76,495
Assets and Liabilities:
- Total Assets: $79,129
- Total Liabilities: $0
- Net Assets: $79,129
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Organization Details
Phone
(973) 390-1348Principal Officer
Harry Snyder
Main Address
119 THORNHILL LANE, Newtown, PA, 18940
NTEE Category
Code: O50Z - Youth development
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