Overview
What is Old Line State Lacrosse Club Inc?
Old Line State Lacrosse Club Inc is a nonprofit organization based in Arnold, Maryland. Originating from a single team eight years ago, it has grown to comprise six teams. The club has a remarkable track record, with over 50 players progressing to play lacrosse at the college level. Old Line State Lacrosse Club has also achieved five tournament championships, and in 2016, they embarked on a trip to Seattle to immerse themselves in the West Coast culture and observe the growth of lacrosse. To support financially disadvantaged families, the club offers scholarships to help aspiring players continue their lacrosse journey. The organization's mission is to develop both the player and the individual, boasting a talented coaching team and a welcoming family atmosphere that encourages participants to return year after year.
Official website here: www.oldlinelax.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The Old Line State Lacrosse Club Inc has received a One-Star rating, indicating significant concerns regarding its accountability and finance practices. With an overall score of 56%, the organization notably lacks independent board members and has several missing policies, including those for conflict of interest and whistleblower protections. These deficiencies have adversely impacted its rating.
On a positive note, the organization has demonstrated a commendable program expense ratio of 97.11%, indicating that a large majority of its expenses are directed toward its programs. Additionally, it has no material diversion of assets and maintains a strong liabilities to assets ratio of 0.00%, which reflects financial stability in that regard. The organization's tax form is accessible on its website, which is a positive sign for transparency.
However, the lack of independent oversight and essential governance policies raises red flags about the organization's operational integrity. Moving forward, enhancing its governance practices and ensuring a more independent board could significantly improve its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Old Line State Lacrosse Club Inc legitimate?
Old Line State Lacrosse Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Line State Lacrosse 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
For more financial information, click here
Official website here: www.oldlinelax.org
What is the mission statement of Old Line State Lacrosse Club Inc?
The Old Line State Lacrosse Club Inc is a distinctive lacrosse program committed to fostering both personal and athletic growth in its players. The club boasts a proficient team of coaches and players, and is known for its welcoming family atmosphere, which encourages both parents and players to return year after year. Over the years, the club has expanded from one team to six, and has seen over 50 of its players advance to play lacrosse at the collegiate level. Moreover, the Old Line State Lacrosse Club Inc has achieved five tournament championships, and has even taken a team to Seattle to experience the West Coast culture and the growth of lacrosse there. Furthermore, the club offers scholarships to families in need, enabling them to gain exposure to lacrosse with a view to playing at a higher level.
Official website here: www.oldlinelax.org
Who is the CEO of Old Line State Lacrosse Club Inc?
Stephen M Spence is the President of Old Line State Lacrosse Club Inc.
Official website here: www.oldlinelax.org
What is the revenue of Old Line State Lacrosse Club Inc?
Old Line State Lacrosse Club Inc's revenue in 2020 was $147,803.
Official website here: www.oldlinelax.org
Who are the executives of Old Line State Lacrosse Club Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.oldlinelax.org
Where can I find the form 990 for Old Line State Lacrosse Club Inc?
Old Line State Lacrosse Club Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.oldlinelax.org
Learn more at the official website: www.oldlinelax.org
Mission Statement of Old Line State Lacrosse Club Inc
Old Line State Lacrosse Club Inc is a distinctive lacrosse program dedicated to fostering both the personal growth of its players and the development of their lacrosse skills. The organization has assembled a talented team of coaches and players, creating a welcoming and enjoyable atmosphere for both parents and players to return to year after year. The mission of Old Line State Lacrosse Club Inc is to nurture its players, providing them with the necessary support and guidance to excel not only on the lacrosse field but also in their personal lives.
The club's approach to lacrosse is unique, focusing on the holistic development of its players. Over the years, Old Line State Lacrosse Club Inc has grown from a single team to six, offering opportunities for a diverse range of players. The organization's success is evident in the number of its players who have gone on to play lacrosse at the college level. Moreover, Old Line State Lacrosse Club Inc has a strong track record, having won five tournament championships and taken a team to Seattle to experience the culture of the West Coast and see the growth of lacrosse in that region.
In addition to its athletic achievements, Old Line State Lacrosse Club Inc also offers scholarships to needy families, ensuring that those with a passion for lacrosse have the opportunity to pursue the sport at a higher level. The club's commitment to its players extends beyond the lacrosse field, demonstrating its dedication to growing the player and the person.
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Impact
October, 2024
Old Line State Lacrosse Club Inc significantly impacts the community by fostering both athletic and personal development among young players. Over the past eight years, the program has expanded from a single team to six teams, demonstrating its appeal and effectiveness in engaging youth in the sport. The club emphasizes a family-oriented atmosphere, ensuring that both players and parents feel welcomed and valued, which fosters long-term participation and community bonds.
With over 50 players progressing to compete at the college level, Old Line State has proven its commitment to not only teaching the sport but also preparing athletes for future success. The program's accomplishments include winning five tournament championships and providing unique opportunities for players to experience the growth of lacrosse in different regions, such as trips to Seattle and Denver for tournaments. Furthermore, the club prioritizes accessibility by offering scholarships to families in need, ensuring that all aspiring athletes can benefit from the sport, regardless of their financial situation. Overall, Old Line State Lacrosse Club Inc is more than just a lacrosse program; it is a community that nurtures growth, resilience, and a love for the game.
This information is meant to be a general summary of Old Line State Lacrosse 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 2020.
- Program Service Revenue: $146,197
- Gross Receipts: $147,803
Assets and Liabilities:
- Total Assets: $7,141
- Total Liabilities: $0
- Net Assets: $7,141
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAYER MEMBERSHIP
Revenue
$148,061
MEMBERSHIP REFUNDS
Revenue
-$1,864
Organization Details
Founding Year
2008
Phone
(443) 845-0992Principal Officer
Stephen M Spence
Main Address
224 CLOISTER RD, ARNOLD, MD, 21012
Website
www.oldlinelax.orgNTEE Category
Code: N60 - Recreation
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