Overview
What is Maryland Legends Incorporated?
Maryland Legends Incorporated is a nonprofit organization dedicated to shaping the future of young individuals by leveraging sports. They provide a baseball and softball program, encouraging participants to acquire essential skills for adult life and professional success. This is accomplished through their organized sports activities. Furthermore, the organization encourages community involvement by fostering a spirit of giving back.
Official website here: www.marylandlegendsbaseball.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
Maryland Legends Incorporated has received a two-star rating from Charity Navigator, indicating a need for improvement in various accountability and financial areas. With an overall score of 73%, the organization demonstrates strengths in its financial statements and liability management, reflecting a solid foundation in these areas. However, the lack of independent board members and inadequate policies for whistleblower protection and document retention highlight significant governance concerns.
While the organization shows a commitment to transparency through its posted tax form and conflict of interest policy, weaknesses in board independence and a lack of comprehensive governance practices may hinder its effectiveness. The absence of a whistleblower policy and poor performance in documentation practices point to potential vulnerabilities in operational integrity.
To enhance its rating, Maryland Legends Incorporated should focus on improving board independence and establishing robust governance policies. Addressing these issues could strengthen stakeholder trust and promote better accountability, ultimately leading to greater impact in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Maryland Legends Incorporated legitimate?
Maryland Legends Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Legends 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $95,085
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.marylandlegendsbaseball.com
What is the mission statement of Maryland Legends Incorporated?
Maryland Legends Incorporated, through its sports programs in baseball and softball, encourages youth development. The organization's mission is to equip participants with essential skills needed for adult life and careers. By engaging in organized sports, they foster a competitive spirit while encouraging community service. This approach aims to prepare young individuals for their future endeavors, fostering a sense of responsibility and teamwork.
Official website here: www.marylandlegendsbaseball.com
Who is the CEO of Maryland Legends Incorporated?
Edward A Lynch is the President - Board Member of Maryland Legends Incorporated.
Official website here: www.marylandlegendsbaseball.com
What is the revenue of Maryland Legends Incorporated?
Maryland Legends Incorporated's revenue in 2022 was $565,134.
Official website here: www.marylandlegendsbaseball.com
Who are the executives of Maryland Legends Incorporated and what are their salaries?
The average compensation at Maryland Legends Incorporated during 2022 was $47,542. There are 2 employees and 25 volunteers at Maryland Legends Incorporated.
Here are 5 key members and their salaries:
- Compensation: $62,207
- Related: $0
- Other: $0
- Compensation: $32,878
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.marylandlegendsbaseball.com
Where can I find the form 990 for Maryland Legends Incorporated?
Maryland Legends Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marylandlegendsbaseball.com
Learn more at the official website: www.marylandlegendsbaseball.com
Mission Statement of Maryland Legends Incorporated
Maryland Legends Incorporated, a nonprofit organization, is dedicated to preparing youth for their future by utilizing the platform of sports. The primary activity of this organization is offering baseball and softball programs, which serve as a training ground for participants to develop essential skills needed to excel in their adult lives and careers. Through these organized sports programs, Maryland Legends Incorporated encourages its participants to compete effectively and contribute positively to their communities. The mission of this organization is not just about sports, but also about instilling life lessons and fostering a sense of community involvement in its young participants.
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Impact
July, 2024
Maryland Legends Incorporated has a significant impact on the youth in Rising Sun, MD, by preparing them for life through sports. By offering a baseball and softball program, they challenge participants to learn essential skills that will benefit them as they grow into adulthood and pursue their careers. Additionally, the organization emphasizes giving back to the community, instilling values of teamwork, discipline, and community engagement in the youth. Through their recreation programs, Maryland Legends Incorporated is shaping the next generation of leaders who are not only skilled in sports but also well-equipped to succeed in various aspects of life.
This information is meant to be a general summary of Maryland Legends 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: $523,442
- Gross Receipts: $593,917
Assets and Liabilities:
- Total Assets: $126,663
- Total Liabilities: $3,027
- Net Assets: $123,636
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BASEBALL SOFTBALL TEAMS
Revenue
$523,442
Organization Details
Founding Year
2013
Principal Officer
Edward A Lynch
Main Address
101 SURREY LANE, RISING SUN, MD, 21911
NTEE Category
Code: N63 - Recreation
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