Overview
What is Wc Parents Inc?
Wc Parents Inc, located in Freehold, New Jersey, is a nonprofit organization that supports cheerleading teams. Their primary mission is to sponsor these teams, providing them with essential resources such as uniforms, competition fees, and funds for travel. This backing empowers the teams to participate in competitive events and promotes the spirit of amateur athletics. The organization operates within the state of New Jersey, contributing to the growth and development of cheerleading communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)
Wc Parents Inc has received a Two-Star rating from Charity Navigator, indicating that the organization has significant room for improvement. While it boasts a strong program expense ratio of 99.65%, suggesting that nearly all its funds are directed toward its programs, other areas of accountability and finance raise concerns. The overall score of 60% reflects serious shortcomings in financial transparency and governance practices.
The organization has a fully independent board, which is a positive aspect, earning full points for this criterion. However, it lacks a sufficient independent board size and has not provided important financial statements, leading to a low score in that area. Furthermore, Wc Parents Inc has not implemented certain essential policies, such as conflict of interest and whistleblower policies, which are vital for organizational integrity and accountability.
Overall, while Wc Parents Inc demonstrates strong commitment to its programs, the lack of transparency and governance measures may deter potential donors and supporters. Addressing these weaknesses would enhance the organization's credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Wc Parents Inc legitimate?
Wc Parents Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wc Parents 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
What is the mission statement of Wc Parents Inc?
Wc Parents Inc's mission is to sponsor cheerleading teams for competition, with the objective of promoting amateur athletics. They achieve this by providing financial support for uniforms, competition fees, travel expenses, and choreography. The sponsorship enables ten teams of cheerleaders to participate in these events, thereby promoting amateur athletics. Their activities are aimed at encouraging participation in sports and fostering a sense of camaraderie among the participants.
Who is the CEO of Wc Parents Inc?
Joelle Antico is the Vp & Secretary of Wc Parents Inc.
What is the revenue of Wc Parents Inc?
Wc Parents Inc's revenue in 2022 was $624,639.
Who are the executives of Wc Parents Inc and what are their salaries?
There 2 volunteers at Wc Parents Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wc Parents Inc?
Wc Parents Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wc Parents Inc
Wc Parents Inc, a nonprofit organization, is dedicated to supporting amateur athletics by sponsoring cheerleading teams for competitions. Their mission is to provide financial assistance for uniforms, competition fees, travel expenses, and choreography, thereby promoting the spirit of sports among the cheerleaders. By sponsoring ten teams, Wc Parents Inc contributes to the development and growth of these athletes, fostering their love for sports and competition.
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Impact
July, 2024
Wc Parents Inc's impact lies in its sponsorship of ten teams of cheerleaders for competition, providing fundraising support for uniforms, competition fees, travel expenses, and choreography to promote amateur athletics in Freehold, NJ. By facilitating the participation of these teams, Wc Parents Inc actively promotes and supports amateur athletics within the community.
This information is meant to be a general summary of Wc Parents 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 2022.
- Gross Receipts: $624,639
Assets and Liabilities:
- Total Assets: $417,638
- Total Liabilities: $71,436
- Net Assets: $346,202
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Organization Details
Founding Year
2001
Phone
(732) 294-9287Principal Officer
Joelle Antico
Main Address
600 BUSINESS PARK DRIVE, FREEHOLD, NJ, 07728
NTEE Category
Code: T30 - Philanthropy
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