Overview
What is Laguna Beach Boosters Club?
The Laguna Beach Boosters Club is a nonprofit organization situated in Laguna Beach, California, specifically at 625 Park Avenue. Its primary mission is to offer both financial and academic support to athletic and scholastic programs within the Laguna Beach School district. By doing so, the club aims to improve the facilities and instruction for over 700 students, ultimately enriching their lives through athletics. The Boosters Club's activities are geared towards supporting various athletic programs within the district, contributing positively to the overall development and well-being of students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 67%)
The Laguna Beach Boosters Club has received a "Needs Improvement" rating from Charity Navigator, indicating significant areas for growth in accountability and financial transparency. While the organization boasts a high program expense ratio of nearly 95%, demonstrating a strong commitment to its mission, several key governance policies and financial statements are missing, which raises concerns about oversight and transparency.
The club has a fully independent board, which is a positive aspect, and it has maintained a solid liabilities to assets ratio of 0.00%, suggesting good financial health. However, the absence of financial statements and critical governance policies, such as conflict of interest and whistleblower protections, has contributed to its low overall score. These elements are essential for building trust and demonstrating the organization's integrity to donors and stakeholders.
To improve its rating, the Laguna Beach Boosters Club should focus on enhancing its financial transparency by providing accessible financial statements and implementing necessary governance policies. Addressing these limitations would not only bolster its score but also strengthen community confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Laguna Beach Boosters Club legitimate?
Laguna Beach Boosters Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laguna Beach Boosters Club 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
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What is the mission statement of Laguna Beach Boosters Club?
The Laguna Beach Boosters Club, as an organization, is committed to aiding and enhancing various athletic programs within the Laguna Beach School district. Its primary objective is to enrich the lives of students by providing support through athletics. The club's mission is achieved by offering financial and scholastic assistance, which has benefited over 700 students by improving facilities and instruction. This support contributes to a more enriching educational experience for the students, focusing on their athletic development.
Who is the CEO of Laguna Beach Boosters Club?
James Azadian is the President of Laguna Beach Boosters Club.
What is the revenue of Laguna Beach Boosters Club?
Laguna Beach Boosters Club's revenue in 2023 was $545,519.
Who are the executives of Laguna Beach Boosters Club and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Laguna Beach Boosters Club?
Laguna Beach Boosters Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Laguna Beach Boosters Club
The Laguna Beach Boosters Club, as a nonprofit organization, is committed to aiding and bolstering various athletic programs within the Laguna Beach School district. Its primary objective is to enhance the lives of students by providing them with enriching athletic experiences. The Boosters Club accomplishes this mission by offering both financial and scholastic assistance to the athletic and scholastic programs at Laguna Beach High School. This support has significantly benefited over 700 students by improving the quality of their facilities and instruction.
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Impact
July, 2024
The Laguna Beach Boosters Club has significantly enhanced the athletic programs within the Laguna Beach School district. Through financial and scholastic assistance, they have improved facilities and instruction for over 700 students at Laguna Beach High School. Their support has not only benefited the athletic programs but has also enriched the overall student experience through athletics.
This information is meant to be a general summary of Laguna Beach Boosters Club. 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.
- Investment Income: $231
- Gross Receipts: $648,907
Assets and Liabilities:
- Total Assets: $246,394
- Total Liabilities: $0
- Net Assets: $246,394
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Organization Details
Founding Year
1980
Principal Officer
James Azadian
Main Address
625 Park Avenue, Laguna Beach, CA, 92651
NTEE Category
Code: N50 - Recreation
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