Overview
What is The Philadelphia Suns Incorporated?
The Philadelphia Suns Incorporated is a nonprofit organization situated at 1018 Winter Street, Philadelphia, Pennsylvania. Their primary mission is to foster and encourage athletic, cultural, recreational, and educational growth among the Asian American youth community. By organizing and supporting various opportunities, they aim to positively impact this demographic's lives, ultimately promoting their overall well-being and development.
Official website here: www.phillysuns.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating
The Philadelphia Suns Incorporated has received a low score of 53%, indicating significant areas for improvement, particularly in governance and accountability. The organization lacks independent board members and does not have essential policies in place, such as a conflict of interest policy and a whistleblower policy. This raises concerns about the transparency and effectiveness of its leadership.
On the positive side, the charity demonstrates a commendable program expense ratio of 100%, indicating that all of its expenditures are directed towards program services. Furthermore, the organization has shown no material diversion of assets, reflecting a solid approach to financial integrity. The liabilities to assets ratio is also favorable, suggesting that the organization is not burdened by debt.
Despite these strengths, the absence of key governance policies and independent oversight poses significant risks. The lack of documented board meeting minutes further complicates the organization's accountability, making it crucial for The Philadelphia Suns Incorporated to address these weaknesses to enhance its overall effectiveness and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Philadelphia Suns Incorporated legitimate?
The Philadelphia Suns Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Philadelphia Suns Incorporated 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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Official website here: www.phillysuns.com
What is the mission statement of The Philadelphia Suns Incorporated?
The Philadelphia Suns Incorporated, as an organization, is committed to promoting various opportunities for Asian American youth. This encompasses athletic, cultural, recreational, and educational aspects. Their mission is to organize and support these activities, aiming to provide a comprehensive platform for the growth and development of this demographic. Their goal is to empower Asian American youth, fostering a sense of community and personal growth. They strive to create an environment that encourages active participation and learning, contributing to a well-rounded development of the youth involved.
Official website here: www.phillysuns.com
Who is the CEO of The Philadelphia Suns Incorporated?
Harry Leong is the President of The Philadelphia Suns Incorporated.
Official website here: www.phillysuns.com
What is the revenue of The Philadelphia Suns Incorporated?
The Philadelphia Suns Incorporated's revenue in 2022 was $124,948.
Official website here: www.phillysuns.com
Who are the executives of The Philadelphia Suns Incorporated and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.phillysuns.com
Where can I find the form 990 for The Philadelphia Suns Incorporated?
The Philadelphia Suns Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phillysuns.com
Learn more at the official website: www.phillysuns.com
Mission Statement of The Philadelphia Suns Incorporated
The Philadelphia Suns Incorporated, as a nonprofit organization, is dedicated to promoting the well-being of Asian American youth. Their mission is multifaceted, encompassing the organization of athletic, cultural, recreational, and educational opportunities for this demographic. By doing so, The Philadelphia Suns Incorporated aims to support the growth and development of Asian American youth, providing them with a comprehensive range of opportunities that cater to their diverse interests and needs. This commitment to promoting and fostering a positive environment for Asian American youth is at the core of The Philadelphia Suns Incorporated's mission.
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Impact
October, 2024
The Philadelphia Suns Incorporated significantly impacts the community by promoting, organizing, and supporting athletic, cultural, recreational, and educational opportunities for Asian American youth. By focusing on youth development, the organization fosters a sense of belonging and empowerment, helping young individuals to thrive in various aspects of their lives.
Through sports programs, cultural events, and educational initiatives, The Philadelphia Suns strengthen community ties and celebrate the rich heritage of Asian American youth. This holistic approach not only enhances physical fitness and academic performance but also instills leadership skills, teamwork, and cultural pride among participants. The organization's efforts contribute to the overall development of young people, equipping them with valuable life skills and a greater sense of identity within the wider Philadelphia community.
This information is meant to be a general summary of The Philadelphia Suns Incorporated. 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.
- Program Service Revenue: $109,269
- Gross Receipts: $124,948
Assets and Liabilities:
- Total Assets: $350,640
- Total Liabilities: $0
- Net Assets: $350,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LION DANCE
Revenue
$39,716
VOLLEYBALL
Revenue
$31,122
MISCELLANEOUS
Revenue
$7,140
BANQUET
Revenue
$31,291
Organization Details
Founding Year
1995
Phone
(215) 627-9211Principal Officer
Harry Leong
Main Address
1018 WINTER STREET, PHILADELPHIA, PA, 191071808
Website
www.phillysuns.comNTEE Category
Code: O99 - Youth development
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