Overview
What is Friends Of Haverford School Rowing?
Friends of Haverford School Rowing is a nonprofit organization based in Haverford, Pennsylvania, specifically located at 450 Lancaster Avenue, 19041. Their primary mission is to support the Haverford School of Rowing by purchasing necessary equipment and covering associated expenses. This financial assistance enables the institution to maintain and enhance its rowing program, thereby benefiting its students. The organization's activities are centered around this purpose, contributing positively to the rowing community within the Haverford School.
Official website here: www.haverfordcrew.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%, Zero-Star out of Four Star Rating
Friends Of Haverford School Rowing has received a low rating of 43%, indicating significant concerns regarding its accountability and financial health. While the organization scores well on aspects such as having a fully independent board and no material diversion of assets, it falls short in critical areas like its program expense ratio and lack of necessary policies.
The nonprofit has demonstrated strong governance with a completely independent board and has proper documentation of board meeting minutes. However, it is missing essential policies, including a whistleblower policy and document retention and destruction policy, which raises questions about its operational transparency. Additionally, the program expense ratio is alarmingly low at 10.28%, suggesting that a minimal portion of its resources is directed towards its charitable activities.
Given these limitations, potential donors and supporters should exercise caution. The lack of essential operational policies and the low program expense ratio indicate that while the organization has a solid governance structure, it may not be effectively utilizing its funds for its intended purpose.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Haverford School Rowing legitimate?
Friends Of Haverford School Rowing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Haverford School Rowing 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.
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For more financial information, click here
Official website here: www.haverfordcrew.com
What is the mission statement of Friends Of Haverford School Rowing?
The mission of Friends Of Haverford School Rowing is centered around providing support for the Haverford School's rowing team. Specifically, they focus on purchasing necessary equipment and covering related expenses for the benefit of the team. This commitment aims to enhance the rowing experience and overall performance of the Haverford School's rowing program. By providing these resources, Friends Of Haverford School Rowing seeks to contribute to the growth and success of the team, fostering a strong and supportive rowing community.
Official website here: www.haverfordcrew.com
Who is the CEO of Friends Of Haverford School Rowing?
Garth Hoyt is the President of Friends Of Haverford School Rowing.
Official website here: www.haverfordcrew.com
What is the revenue of Friends Of Haverford School Rowing?
Friends Of Haverford School Rowing's revenue in 2022 was $88,380.
Official website here: www.haverfordcrew.com
Who are the executives of Friends Of Haverford School Rowing and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.haverfordcrew.com
Where can I find the form 990 for Friends Of Haverford School Rowing?
Friends Of Haverford School Rowing's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.haverfordcrew.com
Learn more at the official website: www.haverfordcrew.com
Mission Statement of Friends Of Haverford School Rowing
Friends of Haverford School Rowing, as the name suggests, is a dedicated organization that serves a specific purpose. Its mission is centered around providing financial support for the Haverford School of Rowing. More precisely, this nonprofit entity focuses on purchasing necessary equipment and covering various expenses related to the rowing program at Haverford School. By doing so, Friends of Haverford School Rowing contributes significantly to the well-being and success of the rowing team, ensuring they have the resources required to excel in their sport.
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Impact
October, 2024
Friends Of Haverford School Rowing significantly enhances the rowing program at Haverford School by providing essential financial support for equipment and operational expenses. This backing ensures that student athletes have access to high-quality rowing gear, fostering skill development and competitive success. By alleviating financial pressures, the organization creates an environment where students can focus on their training and education, ultimately enriching their overall experience in the sport. The impact is felt throughout the rowing community, promoting teamwork, discipline, and personal growth among participants. Through its efforts, Friends Of Haverford School Rowing strengthens not just the program but also the values and lessons that come from athletic participation.
This information is meant to be a general summary of Friends Of Haverford School Rowing. 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: $42,286
- Program Service Revenue: $844
- Gross Receipts: $192,870
Assets and Liabilities:
- Total Assets: $1,786,913
- Total Liabilities: $0
- Net Assets: $1,786,913
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEARN TO ROW
Revenue
$844
Organization Details
Founding Year
1989
Principal Officer
Garth Hoyt
Main Address
450 LANCASTER AVENUE, Haverford, PA, 19041
Website
www.haverfordcrew.comNTEE Category
Code: B25I - Education
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