Overview
What is Lake Gaston Soccer Association?
The Lake Gaston Soccer Association, located in South Hill, Virginia, serves as a nonprofit organization dedicated to fostering the game of soccer for both youth and adults within the Lake Country area. They accomplish this goal through organized competitions, camps, and educational programs, all aimed at benefiting players, coaches, and the wider community. The association's primary mission is to instill values such as fair play, teamwork, and sportsmanship in its participants, thereby promoting physical fitness.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating.
The Lake Gaston Soccer Association has received a low rating primarily due to its Accountability & Finance score of 58%. This rating reflects concerns regarding governance and transparency, with the organization failing to meet several best practice standards, such as having a conflict of interest policy and not providing essential documents on its website, including its tax form, which negatively impacted its overall score.
Despite these challenges, the organization demonstrates strengths in specific areas of governance. It has a fully independent board, scoring full points for having ten independent board members and an appropriate board size. Additionally, there are no reported material diversions of assets, and the association effectively allocates resources towards its programs, achieving a high program expense ratio of 99.42%, indicating a strong commitment to its mission.
However, the organization's lack of transparency and policy documentation raises concerns about accountability. The missing policies on whistleblower protections and document retention suggest areas for improvement that could enhance trust and compliance with governance standards. Addressing these limitations could potentially improve the Lake Gaston Soccer Association's rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Gaston Soccer Association legitimate?
Lake Gaston Soccer Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Gaston Soccer Association 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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What is the mission statement of Lake Gaston Soccer Association?
The Lake Gaston Soccer Association aims to instill values of fair play, teamwork, and sportsmanship among its participants. This is achieved through various programs that prioritize physical fitness. The primary objective of the association is to advance the game of soccer for both youth and adults, utilizing organized competitions, camps, and educational programs. These initiatives ultimately benefit players, coaches, and the broader public. The association's purpose is to promote soccer in the Lake Country area, contributing positively to its community.
Who is the CEO of Lake Gaston Soccer Association?
Holly Mcfarland is the Director of Lake Gaston Soccer Association.
What is the revenue of Lake Gaston Soccer Association?
Lake Gaston Soccer Association's revenue in 2022 was $66,227.
Who are the executives of Lake Gaston Soccer Association and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Lake Gaston Soccer Association?
Lake Gaston Soccer Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lake Gaston Soccer Association
Lake Gaston Soccer Association, a renowned organization, is committed to fostering fair play, teamwork, and sportsmanship among its members. It achieves this goal through various programs that emphasize physical fitness. The association's primary objective is to promote soccer among youth and adults in the broader Lake Country area. This is done through organized competitions, educational programs, and summer camps, all designed to benefit players, coaches, and the general public. By engaging in these activities, Lake Gaston Soccer Association contributes to the development of well-rounded individuals who understand the importance of teamwork, fairness, and sportsmanship.
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Impact
August, 2024
Lake Gaston Soccer Association's impact lies in its dedication to teaching fair play, teamwork, and sportsmanship through programs that promote physical fitness. By focusing on the promotion of the game of soccer for youth and adults in the Lake Country area through organized competitions, camps, and educational programs, the association benefits not only players and coaches but also the general public. The association's mission is to instill important values and skills in its participants while fostering a sense of community and recreation in South Hill, VA.
This information is meant to be a general summary of Lake Gaston Soccer Association. 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: $5
- Program Service Revenue: $20,628
- Gross Receipts: $66,227
Assets and Liabilities:
- Total Assets: $530,763
- Total Liabilities: $512,472
- Net Assets: $18,291
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SOCCER SIGN-UPS
Revenue
$13,305
TEAM SPONSORSHIP
Revenue
$4,050
SIGN SPONSORSHIP
Revenue
$2,450
TOURNAMENT FEE
Revenue
$463
SOCCER CAMP
Revenue
$360
Organization Details
Founding Year
2008
Phone
(434) 774-6686Principal Officer
Holly Mcfarland
Main Address
PO BOX 8, SOUTH HILL, VA, 23970
NTEE Category
Code: N64 - Recreation
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