Overview
What is Annika Foundation?
Annika Foundation is a nonprofit organization situated in Framingham, Massachusetts, with a dedicated team of two individuals. The foundation's primary mission is to foster the growth and empowerment of future generations of women globally through golf. They accomplish this by organizing six significant golf events for aspiring junior girls, such as the Hilton Grand Vacations ANNIKA Invitational presented by Rolex in the U.S., ANNIKA Invitational Asia, and ANNIKA Invitational Europe and ANNIKA Cup in Sweden. By participating in these events, these young athletes gain valuable opportunities in women's golf at the junior, collegiate, and professional levels. Furthermore, the foundation emphasizes personal development, promoting a healthy, active lifestyle through fitness and nutrition.
Official website here: www.annikafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star rating
The Annika Foundation has achieved an impressive 95% score on Charity Navigator, reflecting its strong performance in both accountability and finance, as well as culture and community. The organization boasts a high program expense ratio of 72.87%, indicating that a significant portion of its budget is directed towards its programs rather than administrative costs. Additionally, the foundation benefits from a fully independent board, showcasing its commitment to governance and ethical oversight.
Strengths identified in the evaluation include a perfect score for financial statement auditing and the absence of any material diversion of assets. The organization has also implemented comprehensive policies for conflict of interest and whistleblower protections. Feedback collection and usage scored exceptionally well, suggesting that the foundation actively seeks and applies stakeholder input to improve its practices and address challenges.
However, the foundation does face some limitations, particularly in its equity strategies, where it received an 87 out of 100 score, and in its equity data and policies, scoring 4 out of 7 in both areas. This indicates potential areas for growth in the foundation's equity initiatives and data transparency, which could enhance its overall impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Annika Foundation legitimate?
Annika Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Annika 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: $104,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,004
For more financial information, click here
Official website here: www.annikafoundation.org
What is the mission statement of Annika Foundation?
The Annika Foundation's mission is centered around developing and empowering the next generation of women globally, leveraging the game of golf as a medium. More precisely, the foundation offers opportunities in women's golf at various levels, including juniors, collegiate, and professionals. This organization goes beyond golf, instilling the values of personal development in its participants. It emphasizes the importance of maintaining a healthy lifestyle through fitness and nutrition.
Official website here: www.annikafoundation.org
Who is the CEO of Annika Foundation?
Angela Iacone-Radaelli is the Chief Operating Officer of Annika Foundation.
Official website here: www.annikafoundation.org
What is the revenue of Annika Foundation?
Annika Foundation's revenue in 2022 was $1,192,905.
Official website here: www.annikafoundation.org
Who are the executives of Annika Foundation and what are their salaries?
The average compensation at Annika Foundation during 2022 was $83,327. There are 2 employees and 250 volunteers at Annika Foundation.
Here are 17 key members and their salaries:
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Official website here: www.annikafoundation.org
Where can I find the form 990 for Annika Foundation?
Annika Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.annikafoundation.org
Learn more at the official website: www.annikafoundation.org
Mission Statement of Annika Foundation
The Annika Foundation, a renowned nonprofit organization, is committed to fostering and empowering the next generation of women globally, primarily through the medium of golf. This esteemed organization goes beyond merely promoting the sport; it provides opportunities at various levels, from junior to collegiate and even professional. Its mission extends beyond golf, as it also emphasizes the significance of personal development. The Annika Foundation encourages young individuals to adopt a well-rounded lifestyle, incorporating fitness, nutrition, and overall health into their daily routines. By offering these opportunities and instilling these values, the Annika Foundation plays a pivotal role in shaping the future of women in golf and beyond.
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Impact
October, 2024
The Annika Foundation significantly impacts the lives of aspiring young female golfers around the world by providing unique opportunities in the sport. Through a series of prestigious golf events—including the Hilton Grand Vacations ANNIKA Invitational in the U.S., the ANNIKA Invitational and Cup in Europe, and the Women's Amateur Latin America in Argentina—the foundation fosters growth and development for junior girls.
These events not only hone the participants' golf skills but also emphasize personal development, promoting a healthy, active lifestyle through fitness and nutrition education. By focusing on empowering the next generation of women, the Annika Foundation nurtures confidence, leadership, and teamwork skills that extend beyond the golf course.
Additionally, the foundation's global outreach through events in regions like Asia, Europe, and Australasia creates a diverse community of young women who inspire and support one another. This network is invaluable in cultivating future leaders in sports and beyond, as the foundation plays a pivotal role in driving inclusivity and opportunity in women's golf on an international scale.
This information is meant to be a general summary of Annika 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: -$25,819
- Program Service Revenue: $362,650
- Gross Receipts: $1,955,322
Assets and Liabilities:
- Total Assets: $2,102,445
- Total Liabilities: $166,409
- Net Assets: $1,936,036
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP AND PROGRAM FEES
Revenue
$362,650
Organization Details
Founding Year
2008
Phone
(407) 405-5355Principal Officer
Angela Iacone-Radaelli
Main Address
1257 WORCESTER RD254, FRAMINGHAM, MA, 01701
Website
www.annikafoundation.orgNTEE Category
Code: T22 - Philanthropy
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