Overview
What is Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer?
Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer is a nonprofit organization based in Woburn, Massachusetts, specifically at 299 Lexington Street 71. The organization primarily caters to amateur ice skating, with multiple teams participating in local, national, and international competitions. With approximately 179 skaters at any given time, the teams engage in fundraising and exhibition activities at both the local and national levels. Their mission is to support the amateur sport of synchronized team skating, providing a structured platform for skaters to train and compete in various events. The organization, with a small workforce of 11 individuals, plays a significant role in fostering the growth of synchronized skating talents.
Official website here: www.haydensynchroteams.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Hayden Synchronized Skating Teams Inc, with a score of 75%, showcases a solid performance in terms of accountability and finance, reflecting strong governance practices. The organization has achieved full marks in several areas, including having an independent board, conflict of interest policy, and whistleblower policy, which contribute to its transparency and ethical operation.
However, there are areas of concern, particularly regarding its financial ratios. The program expense ratio is commendable at 90.28%, indicating that a significant portion of its funds is directed toward its programs. On the downside, the liabilities to assets ratio stands at 59.38%, suggesting a substantial level of liabilities compared to its assets, which may pose a risk for long-term sustainability. Additionally, the fundraising efficiency is notably low, with $0.00 reported, indicating challenges in generating funds through fundraising efforts.
Overall, while Hayden Synchronized Skating Teams Inc demonstrates strong governance and a commitment to its programs, it faces financial challenges that could impact its operational effectiveness in the future. Stakeholders may want to consider these factors when evaluating the organization's potential and stability.
This AI summary has been generated from information found on Charity Navigator.
Is Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer legitimate?
Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer 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: $312,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,850
For more financial information, click here
Official website here: www.haydensynchroteams.com
What is the mission statement of Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer?
Hayden Synchronized Skating Teams Inc, as an amateur ice skating organization, is dedicated to supporting the sport of synchronized team skating. Their mission is to provide a structured platform for skaters, enabling them to train and compete at the local, national, and international levels. The organization aims to bring skaters together, fostering a team spirit and encouraging their growth in this sport. Additionally, Hayden Synchronized Skating Teams Inc engages in fundraising activities and participates in exhibitions at both local and national events, providing opportunities for its members to showcase their skills and contribute to the skating community.
Official website here: www.haydensynchroteams.com
What is the revenue of Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer?
Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer's revenue in 2024 was $2,549,392.
Official website here: www.haydensynchroteams.com
Who are the executives of Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer and what are their salaries?
The average compensation at Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer during 2024 was $40,373. There are 13 employees at Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer.
Here are 10 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $172,000
- Related: $0
- Other: $0
- Compensation: $140,000
- Related: $0
- Other: $0
Official website here: www.haydensynchroteams.com
Where can I find the form 990 for Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer?
Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.haydensynchroteams.com
Learn more at the official website: www.haydensynchroteams.com
Mission Statement of Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer
Hayden Synchronized Skating Teams Inc, under the leadership of Gail Hanson-Mayer, is dedicated to supporting the amateur sport of synchronized team skating. Their mission is to provide a structured platform where skaters can come together, train, and compete at local, national, and international levels. The organization serves as a hub for approximately 179 skaters, offering them the opportunity to participate in various competitions and exhibitions, while also engaging in fundraising activities. By supporting this sport, Hayden Synchronized Skating Teams Inc aims to provide a nurturing environment for skaters, fostering their skills and passion for synchronized team skating.
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Impact
October, 2024
Hayden Synchronized Skating Teams Inc, led by Gail Hanson-Mayer, significantly contributes to the sport of synchronized team skating by facilitating a structured environment where skaters can train and compete at various levels, including local, national, and international competitions. With around 179 skaters involved at any given time, the organization fosters teamwork, discipline, and athleticism among participants.
Additionally, the teams engage in fundraising and showcase exhibitions, helping to promote the sport within the community and beyond. This not only supports the athletes' development but also enhances public engagement and interest in synchronized skating. By creating opportunities for competition and performance, Hayden Synchronized Skating Teams Inc plays a vital role in nurturing talent and elevating the profile of synchronized skating as an amateur sport.
This information is meant to be a general summary of Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer. 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.
- Investment Income: $44,002
- Gross Receipts: $2,661,956
Assets and Liabilities:
- Total Assets: $867,521
- Total Liabilities: $490,482
- Net Assets: $377,039
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Organization Details
Founding Year
2010
Principal Officer
Gail Hanson-Mayer
Website
www.haydensynchroteams.comNTEE Category
Code: N70 - Recreation
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