Overview
What is Dc Edge Synchronized Skating Teams Inc?
Dc Edge Synchronized Skating Teams Inc is a nonprofit organization dedicated to enhancing and elevating the sport of synchronized skating. With a team of 13 groups, comprising 185 skaters ranging from youth to adults, they are led by professional coaches. The organization's mission is to foster, promote, encourage, advance, and improve synchronized skating as a whole. Their aim is to contribute positively to this field and provide opportunities for skaters to grow and excel in their passion.
Official website here: www.dcedgesynchro.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating. The rating indicates that while the organization has some strengths, there are significant areas for improvement. The Accountability & Finance score of 69 suggests that the nonprofit operates with moderate effectiveness in terms of financial management and accountability.
One of the notable strengths of Dc Edge Synchronized Skating Teams Inc is its commitment to having a fully independent board, achieving a perfect score in that category. Additionally, the organization demonstrates a high program expense ratio of 94.87%, indicating that a substantial portion of its expenses is directed towards its programs and services, which is a positive sign for supporters and stakeholders.
However, the organization faces multiple governance challenges, including the absence of key policies such as a conflict of interest policy, whistleblower policy, and a document retention policy. These missing elements can undermine transparency and accountability, making it essential for the nonprofit to address these deficiencies to improve its overall rating and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Dc Edge Synchronized Skating Teams Inc legitimate?
Dc Edge Synchronized Skating Teams Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dc Edge Synchronized Skating Teams 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: $168,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dcedgesynchro.org
What is the mission statement of Dc Edge Synchronized Skating Teams Inc?
Dc Edge Synchronized Skating Teams Inc is committed to fostering, promoting, encouraging, and enhancing the field of synchronized skating. With 13 teams comprising 185 skaters ranging from youth to adults, the organization is guided by a mission to advance and improve synchronized skating. This is accomplished through the guidance of professional coaches. The overall goal is to elevate the standard and popularity of synchronized skating.
Official website here: www.dcedgesynchro.org
Who is the CEO of Dc Edge Synchronized Skating Teams Inc?
Jennifer Bacon is the Executive Dir. of Dc Edge Synchronized Skating Teams Inc.
Official website here: www.dcedgesynchro.org
What is the revenue of Dc Edge Synchronized Skating Teams Inc?
Dc Edge Synchronized Skating Teams Inc's revenue in 2023 was $1,193,305.
Official website here: www.dcedgesynchro.org
Who are the executives of Dc Edge Synchronized Skating Teams Inc and what are their salaries?
The average compensation at Dc Edge Synchronized Skating Teams Inc during 2023 was $84,170. There are 2 employees and 185 volunteers at Dc Edge Synchronized Skating Teams Inc.
Here are 6 key members and their salaries:
- Compensation: $92,700
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dcedgesynchro.org
Where can I find the form 990 for Dc Edge Synchronized Skating Teams Inc?
Dc Edge Synchronized Skating Teams Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dcedgesynchro.org
Learn more at the official website: www.dcedgesynchro.org
Mission Statement of Dc Edge Synchronized Skating Teams Inc
Dc Edge Synchronized Skating Teams Inc, a distinguished organization, is dedicated to fostering, promoting, encouraging, and improving the realm of synchronized skating. With a passionate team of professionals, the organization nurtures and guides 13 diverse teams comprising 185 skaters, ranging from youth to adulthood. Dc Edge Synchronized Skating Teams Inc is committed to advancing and enhancing synchronized skating, offering an enriching and progressive environment for its members.
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Impact
October, 2024
Dc Edge Synchronized Skating Teams Inc significantly impacts the community by fostering a vibrant culture of synchronized skating. With 13 teams comprising 185 skaters of all ages, from youth to adults, this organization enhances skill development and teamwork through the sport. Skaters receive professional coaching, which not only advances their skating abilities but also instills values such as discipline, perseverance, and collaboration.
The organization plays a crucial role in promoting synchronized skating as a recreational activity, helping to improve the overall athletic landscape in Gaithersburg, MD. By encouraging participation in the sport, Dc Edge creates opportunities for social interaction and personal growth among its members. The teams showcase their talents through performances and competitions, further elevating the visibility of synchronized skating in the region and inspiring future generations to engage in this unique and artistic form of ice skating. Overall, Dc Edge Synchronized Skating Teams Inc strengthens community bonds while enhancing the physical and emotional well-being of its skaters.
This information is meant to be a general summary of Dc Edge Synchronized Skating Teams 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 2023.
- Investment Income: $119
- Program Service Revenue: $1,124,239
- Gross Receipts: $1,193,305
Assets and Liabilities:
- Total Assets: $134,566
- Total Liabilities: $52,873
- Net Assets: $81,693
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLOTHING FEES
Revenue
$108,046
COMMITMENT FEES
Revenue
$71,126
MEMBERSHIP FEES
Revenue
$618,755
TRAVEL DUES
Revenue
$270,812
TRYOUT FEES
Revenue
$24,435
Organization Details
Founding Year
2009
Phone
(757) 870-6642Principal Officer
Jennifer Bacon
Main Address
714 Beacon Hill Ter, Gaithersburg, MD, 20878
Website
www.dcedgesynchro.orgNTEE Category
Code: N68 - Recreation
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