Overview
What is Town And Country Optimist Foundation?
The Town and Country Optimist Foundation is a nonprofit organization situated in Austin, Texas. Its primary focus is on empowering youth through the medium of sports. By facilitating various amateur sports competitions, the foundation offers young individuals a platform to engage in physical activities and develop teamwork skills. Their mission extends beyond just organizing events, as they strive to foster a sense of camaraderie and promote the spirit of healthy competition among the participants.
Official website here: www.tandcsports.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating.
The Town And Country Optimist Foundation has achieved a moderate rating of 69% from Charity Navigator, reflecting some strengths and notable areas for improvement. The organization benefits from a fully independent board, which ensures a level of accountability, and maintains a strong program expense ratio of 80.39%, indicating a significant portion of resources directed towards its mission.
However, the foundation has several critical governance shortcomings. It lacks essential policies such as conflict of interest, whistleblower, and document retention policies, which raises concerns about transparency and accountability. Additionally, while the foundation's website is noted as listed on the tax form, it does not currently host the relevant tax documents, which may hinder public trust.
Overall, while the Town And Country Optimist Foundation demonstrates a commitment to its programming, it must enhance its governance practices to improve its rating and build greater confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Town And Country Optimist Foundation legitimate?
Town And Country Optimist Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Town And Country Optimist Foundation 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: $255,118
For more financial information, click here
Official website here: www.tandcsports.org
What is the mission statement of Town And Country Optimist Foundation?
The Town and Country Optimist Foundation focuses on fostering youth development through the medium of amateur sports competitions. By organizing these leagues, the foundation aims to contribute positively to the lives of young individuals, providing them with opportunities for physical activity and teamwork. The foundation's mission is centered around promoting a healthy and engaging environment for young people, thereby fostering their personal growth and development.
Official website here: www.tandcsports.org
Who is the CEO of Town And Country Optimist Foundation?
Unavailable
Official website here: www.tandcsports.org
What is the revenue of Town And Country Optimist Foundation?
Town And Country Optimist Foundation's revenue in 2022 was $1,909,128.
Official website here: www.tandcsports.org
Who are the executives of Town And Country Optimist Foundation and what are their salaries?
The average compensation at Town And Country Optimist Foundation during 2022 was $31,890. There are 8 employees and 50 volunteers at Town And Country Optimist Foundation.
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Official website here: www.tandcsports.org
Where can I find the form 990 for Town And Country Optimist Foundation?
Town And Country Optimist Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tandcsports.org
Learn more at the official website: www.tandcsports.org
Mission Statement of Town And Country Optimist Foundation
The Town and Country Optimist Foundation is dedicated to supporting young individuals through the medium of amateur sports competitions. This nonprofit organization, based on its mission statement, aims to provide youth sports leagues in various settings. By organizing these leagues, the Town and Country Optimist Foundation fosters a sense of camaraderie, teamwork, and sportsmanship among the participating youth. The foundation's activities contribute to the overall development of the youth, promoting physical health, mental discipline, and social skills.
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Impact
October, 2024
The Town And Country Optimist Foundation positively impacts the community by offering youth sports leagues that foster physical activity, teamwork, and skill development among young athletes in Austin, TX. By organizing amateur sports competitions, it creates a platform for children to engage in healthy competition, build friendships, and learn essential life skills such as discipline and sportsmanship. This initiative not only promotes recreation but also contributes to the overall health and well-being of the youth, shaping them into well-rounded individuals. The foundation's commitment to youth sports empowers the next generation, instilling values that extend beyond the playing field.
This information is meant to be a general summary of Town And Country Optimist Foundation. 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: $154
- Program Service Revenue: $1,806,348
- Gross Receipts: $1,909,128
Assets and Liabilities:
- Total Assets: $1,195,747
- Total Liabilities: $1,016
- Net Assets: $1,194,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Registration Income
Revenue
$1,150,235
Field Use Income
Revenue
$451,223
Sponsorship Income
Revenue
$23,300
Concessions Commission Income
Revenue
$5,067
Tournament & Camps
Revenue
$176,523
Organization Details
Founding Year
1974
Phone
(512) 331-0438Main Address
9100 MEADOWHEATH, Austin, TX, 78729
Website
www.tandcsports.orgNTEE Category
Code: N70 - Recreation
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