Overview
What is Pv Sharks Booster Club Inc?
Pv Sharks Booster Club Inc is a nonprofit organization located in Ponte Vedra Beach, Florida. Their primary mission is to provide financial, equipment, and overall support to enhance the athletic programs offered by Ponte Vedra High School. By doing so, they aim to improve the quality of athletic experiences for the school's high school athletes. The club promotes a strong bond between the athletic department and the community, lending both moral and physical support to various athletic events at the high school.
Official website here: www.pvsharksboosters.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Pv Sharks Booster Club Inc has received a low rating of 54%, indicating significant concerns regarding its accountability and financial practices. Key issues include the absence of independent board members, a missing conflict of interest policy, and a lack of policies for whistleblowing and document retention. While the organization does have documented board meeting minutes, the overall governance structure appears weak.
On a positive note, the club has demonstrated a strong commitment to program expenses, with an impressive program expense ratio of 97.93%. This suggests that the majority of their funds are being utilized directly for their intended programs. Additionally, the organization's liabilities to assets ratio is healthy at 3.22%, indicating good financial stability relative to its obligations.
Despite these strengths, the lack of transparency and governance policies raises concerns about the organization’s operations and accountability. Potential donors may wish to take these factors into consideration when deciding to support the Pv Sharks Booster Club Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Pv Sharks Booster Club Inc legitimate?
Pv Sharks Booster Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pv Sharks Booster Club Inc 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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Official website here: www.pvsharksboosters.com
What is the mission statement of Pv Sharks Booster Club Inc?
The mission of Pv Sharks Booster Club Inc is centered around offering support in various forms to the athletic programs and events at Ponte Vedra High School. This encompasses providing moral, physical, and financial assistance. In practical terms, this means the club offers funding, equipment, and other resources to enhance the quality of athletic programs provided by the school, thereby benefiting its high school athletes.
Official website here: www.pvsharksboosters.com
What is the revenue of Pv Sharks Booster Club Inc?
Pv Sharks Booster Club Inc's revenue in 2024 was $1,302,619.
Official website here: www.pvsharksboosters.com
Who are the executives of Pv Sharks Booster Club Inc and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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Official website here: www.pvsharksboosters.com
Where can I find the form 990 for Pv Sharks Booster Club Inc?
Pv Sharks Booster Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pvsharksboosters.com
Learn more at the official website: www.pvsharksboosters.com
Mission Statement of Pv Sharks Booster Club Inc
Pv Sharks Booster Club Inc is committed to extending moral, physical, and financial support to all athletic programs and events at Ponte Vedra High School. Their mission is to enhance the quality of athletic opportunities provided by the school to its high school athletes, by offering necessary funding, equipment, and other forms of assistance to the Athletic Department. By doing so, they aim to boost the overall performance and experiences of the students participating in these sports programs.
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Impact
October, 2024
The impact of Pv Sharks Booster Club Inc is significant within the Ponte Vedra High School community. By providing moral, physical, and financial support to all athletic programs and events, the club enhances the overall experience for student-athletes. Through funding, equipment donations, and various forms of support, the Booster Club improves the quality of athletic programs offered by the school. This not only elevates the level of competition but also fosters teamwork, discipline, and school spirit among the students. Ultimately, the club plays a crucial role in enriching the educational environment and athletic opportunities for young athletes in Ponte Vedra Beach, Florida.
This information is meant to be a general summary of Pv Sharks Booster Club Inc. 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 2024.
- Investment Income: $77
- Program Service Revenue: $502,431
- Gross Receipts: $1,415,343
Assets and Liabilities:
- Total Assets: $446,108
- Total Liabilities: $12,502
- Net Assets: $433,606
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue
Revenue
$502,431
Organization Details
Founding Year
2008
Principal Officer
Stephanie Cills
Website
www.pvsharksboosters.comNTEE Category
Code: B112 - Education
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