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Royals Varsity Club Inc

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

EIN: 270292360 ✦ Fishers, IN ✦ Designated as a 501(c)(3)

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Overview

What is Royals Varsity Club Inc?

Royals Varsity Club Inc, located in Fishers, Indiana, is a nonprofit organization dedicated to supporting interscholastic and intramural team sports, as well as related health and fitness activities. Their mission is to foster a positive environment that encourages strong teamwork, positive player-coach relationships, and community involvement. The club emphasizes good sportsmanship and strives for strong athletic achievement, aiming to set a positive example for all involved. Through their efforts, they aim to teach the fundamentals of team sports, aligning with school curriculum.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star rating. The rating indicates a moderate level of accountability and finance management for Royals Varsity Club Inc. The score is primarily influenced by the organization's performance in the Accountability & Finance category, where it achieved a 69% score.

One significant strength of Royals Varsity Club is its board composition, with 100% independent members, demonstrating a commitment to avoiding conflicts of interest. Additionally, the organization has no material diversion of assets and maintains a strong program expense ratio of 99.04%, suggesting that nearly all funds go towards its programs. The liabilities to assets ratio is also favorable at 0.00%, indicating financial stability.

Despite these strengths, there are notable limitations. The organization lacks critical governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, each of which detracts from its overall accountability score. These missing elements could pose risks to transparency and ethical governance practices, which are vital for public trust and support.


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

Is Royals Varsity Club Inc legitimate?

Royals Varsity Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royals Varsity 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

What is the mission statement of Royals Varsity Club Inc?

The Royals Varsity Club Inc's mission is centered around providing support and funding for interscholastic and intramural team sports, as well as related health and fitness activities. This is done in an environment that encourages strong teamwork, positive player-coach relationships, and community involvement. The corporation emphasizes good sportsmanship and strives for strong athletic achievement, modeling positive attitudes and actions for all involved. The goal is to challenge participants to uphold these examples. Furthermore, the Royals Varsity Club Inc seeks to teach the fundamentals of team sports, ensuring they align with the school curriculum.

Who is the CEO of Royals Varsity Club Inc?

Charon Wright is the President of Royals Varsity Club Inc.

What is the revenue of Royals Varsity Club Inc?

Royals Varsity Club Inc's revenue in 2023 was $620,028.

Who are the executives of Royals Varsity Club Inc and what are their salaries?


Here are 6 key members and their salaries:


Karen Wheeler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Habegger (Athletic Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Self (Athletic Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charon Wright (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Lemieus (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kami Laux (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Royals Varsity Club Inc?

Royals Varsity Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Royals Varsity Club Inc

Royals Varsity Club Inc is committed to providing essential support and funding for interscholastic and intramural team sports, as well as related health and fitness activities. Their mission is to foster a positive environment that encourages strong teamwork, positive player-coach relationships, and community involvement. The organization emphasizes good sportsmanship and encourages athletes to strive for high levels of achievement. By modeling positive attitudes and actions, Royals Varsity Club Inc aims to inspire participants to follow these examples. Additionally, the corporation seeks to teach the fundamentals of team sports, ensuring they align with school curriculum. The ultimate goal is to challenge participants to emulate these exemplary behaviors.

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Impact




July, 2024

Royals Varsity Club Inc's impact is significant in promoting strong team work, positive player-coach relations, and community involvement through its support and funding for interscholastic athletic team sports, intramural team sports, and related health and fitness activities. By emphasizing good sportsmanship, athletic achievement, and positive attitudes, the organization serves as a model for participants to follow. Through teaching the fundamentals of team sports consistent with the school curriculum, Royals Varsity Club Inc plays a crucial role in fostering a healthy and collaborative athletic environment for students in Fishers, Indiana.




This information is meant to be a general summary of Royals Varsity 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.

Revenue
$620,028 (2023)
Expenses
$618,033 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $620,028

Assets and Liabilities:

  • Total Assets: $311,268
  • Total Liabilities: $0
  • Net Assets: $311,268

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Organization Details

Founding Year

2010

Principal Officer

Charon Wright

Main Address

13910 E 126TH STREET, FISHERS, IN, 46037

NTEE Category

Code: B90 - Education

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