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Platform Elite

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263706447 ✦ Bettendorf, IA ✦ Designated as a 501(c)(3)

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Overview

What is Platform Elite?

Platform Elite is a nonprofit organization situated at 2489 Heather Glen Ave, Bettendorf, Iowa 52722. Their primary focus is on providing volleyball instructions to children under the age of 18. With a dedicated team of 77 employees, they conduct volleyball practices to teach kids the essential skills and knowledge of the sport. Although the information does not specify, it's assumed that Platform Elite's efforts extend beyond just practice sessions, possibly including mentorship, team building, and fostering a love for the sport in young individuals.


Official website here: www.platformelite.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (52%)

Platform Elite has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization achieved a score of 52%, reflecting strengths in areas such as having a majority of independent board members and policies in place for conflict of interest. However, there are notable shortcomings, especially in transparency and governance practices.

The charity's oversight is compromised by the absence of essential policies, such as a whistleblower policy and document retention protocols, which each scored zero points. Additionally, the organization has not adequately posted its tax forms on its website, further diminishing its transparency for stakeholders. The low liability to assets ratio raises concerns about financial stability, despite a reasonably good program expense ratio.

Overall, while Platform Elite demonstrates some strengths in board independence and certain compliance areas, the significant gaps in governance and financial transparency hinder its overall effectiveness and reliability as a nonprofit organization. Stakeholders should consider these factors when evaluating their support for Platform Elite.


This AI summary has been generated from information found on Charity Navigator.

Is Platform Elite legitimate?

Platform Elite is a legitimate nonprofit organization registered as a 501(c)(3) entity. Platform Elite 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: $68,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,856

For more financial information, click here


Official website here: www.platformelite.com

What is the mission statement of Platform Elite?

Platform Elite's mission revolves around providing volleyball instructions to children under the age of 18. Their employee coaches conduct regular practices to teach these young individuals the skills and knowledge required for the sport. The focus is on nurturing the talents and passion for volleyball within this age group, fostering their growth and enjoyment of the sport.


Official website here: www.platformelite.com

Who is the CEO of Platform Elite?

Melissa Kurth is the President of Platform Elite.


Official website here: www.platformelite.com

What is the revenue of Platform Elite?

Platform Elite's revenue in 2022 was $723,140.


Official website here: www.platformelite.com

Who are the executives of Platform Elite and what are their salaries?

The average compensation at Platform Elite during 2022 was $4,505. There are 77 employees at Platform Elite.


Here are 4 key members and their salaries:


Melissa Kurth (President)
  • Compensation: $68,000
  • Related: $0
  • Other: $0
Michael Ducey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Marshall-Snodgrass (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Posten (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.platformelite.com

Where can I find the form 990 for Platform Elite?

Platform Elite's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.platformelite.com

Learn more at the official website: www.platformelite.com

Mission Statement of Platform Elite

Platform Elite, a notable entity, is dedicated to the instruction and skill development of volleyball for children under the age of 18. Their mission is to equip these young individuals with the necessary knowledge and techniques of the sport through engaging practices led by employee coaches. By providing these opportunities, Platform Elite aims to foster a love for volleyball and nurture the talents of the next generation of players.

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Impact




October, 2024

Platform Elite significantly impacts the youth in Bettendorf, IA, by providing expert volleyball instruction to children under 18. Their dedicated employee coaches lead practices that focus on imparting essential skills and knowledge of the sport. This not only enhances the athletic abilities of the participants but also fosters teamwork, discipline, and a sense of community among the kids. Through structured training sessions, Platform Elite promotes physical fitness, encourages healthy competition, and instills a love for the game, positively shaping the lives of young athletes in the area.




This information is meant to be a general summary of Platform Elite. 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.

Revenue
$723,140 (2022)
Expenses
$812,670 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $156
  • Program Service Revenue: $722,930
  • Gross Receipts: $723,140

Assets and Liabilities:

  • Total Assets: $68,342
  • Total Liabilities: $133,676
  • Net Assets: -$65,334

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM INCOME

Revenue

$284,974

MEMBERSHIP DUES

Revenue

$437,956

Organization Details

Founding Year

2006

Principal Officer

Melissa Kurth

Main Address

2489 HEATHER GLEN AVE, BETTENDORF, IA, 52722

NTEE Category

Code: N60 - Recreation

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