Overview
What is Sports Shed Inc?
Sports Shed Inc, based in Chicago, Illinois, is a compassionate nonprofit organization that is dedicated to enriching the lives of children in underprivileged circumstances. By providing high-quality sports equipment to over 60 schools and organizations, Sports Shed Inc plays a vital role in establishing new sports programs and activities. Their mission is to offer children the opportunity to engage in sports and physical fitness, fostering their overall development and well-being. With a small but dedicated workforce of 4 individuals, Sports Shed Inc is making a significant impact in its community.
Official website here: www.thesportsshed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Sports Shed Inc has earned a solid Three-Star rating on Charity Navigator, reflecting its commitment to accountability and strong financial management. The organization has an impressive Program Expense Ratio of 88.43%, indicating that a large portion of its funding directly supports its programs. With 100% of its board members being independent, Sports Shed Inc demonstrates a strong governance structure, which is further supported by its comprehensive policies on conflict of interest and whistleblowing.
User feedback highlights the organization's effective mission and dedicated team. A recent review from a volunteer, Jonny Imerman, praised the organization for its impactful work and collaborative spirit. This positive sentiment reinforces the perception that Sports Shed Inc is not only well-managed but also makes a meaningful difference in the community it serves.
While the organization showcases strong performance metrics and positive reviews, ongoing transparency and stewardship of resources will be critical in maintaining its reputation and support. Overall, Sports Shed Inc is recognized for its ethical practices and community-focused initiatives, making it a recommended choice for donors looking to contribute to a reputable nonprofit.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Sports Shed Inc legitimate?
Sports Shed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sports Shed 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.thesportsshed.org
What is the mission statement of Sports Shed Inc?
Sports Shed Inc's mission is centered around empowering children in underprivileged circumstances by offering them access to sports and physical fitness activities. They accomplish this by supplying high-quality sports equipment to schools and organizations. By providing such equipment, they contribute to the establishment of new sports programs and activities, thereby promoting physical health and well-being among these children.
Official website here: www.thesportsshed.org
What is the revenue of Sports Shed Inc?
Sports Shed Inc's revenue in 2024 was $0.
Official website here: www.thesportsshed.org
Who are the executives of Sports Shed Inc and what are their salaries?
The average compensation at Sports Shed Inc during 2024 was $24,851. There 3 volunteers at Sports Shed Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thesportsshed.org
Where can I find the form 990 for Sports Shed Inc?
Sports Shed Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thesportsshed.org
Learn more at the official website: www.thesportsshed.org
Mission Statement of Sports Shed Inc
Sports Shed Inc, a nonprofit organization, is committed to providing children in underprivileged circumstances with the opportunity to engage in sports and physical fitness. They accomplish this mission by supplying quality sports equipment to various schools and organizations. By doing so, Sports Shed Inc helps establish new sports programs and activities, thereby fostering a healthier and more active lifestyle for these children. The organization's mission is to bridge the gap between under-resourced communities and the benefits of sports participation, ultimately enriching the lives of countless young individuals.
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Impact
July, 2024
Sports Shed Inc has a profound impact on children in under-resourced situations by providing them with opportunities to engage in sports and physical fitness. Through the provision of quality sports equipment to over 60 schools and organizations in Chicago, Illinois, Sports Shed Inc is helping to create new sports programs and activities. This not only promotes physical well-being but also fosters important life skills such as teamwork, discipline, and sportsmanship among youths in the community. By offering these resources, Sports Shed Inc is making a positive difference in the lives of children and contributing towards their overall development.
This information is meant to be a general summary of Sports Shed 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 2024.
- Program Service Revenue: $173,472
- Gross Receipts: $578,835
Assets and Liabilities:
- Total Assets: $180,491
- Total Liabilities: $7,576
- Net Assets: $172,915
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Wholesale Sports Equipment Revenue
Revenue
$173,472
Organization Details
Founding Year
2009
Principal Officer
Tina Sernett
Website
www.thesportsshed.orgNTEE Category
Code: Y20 - Mutual benefit
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