Overview
What is Smart Bowling Scholarship Funding Corporation?
Smart Bowling Scholarship Funding Corporation is a nonprofit organization situated in Arlington, Texas. Its primary mission is to aid youth bowlers in achieving their educational goals and reaching their full potential. They accomplish this by organizing bowling tournaments, special events, and soliciting donations to create scholarships for these young individuals. The organization ensures the secure and responsible management of the scholarship funds until they can be distributed in compliance with all necessary regulations, such as NCAA guidelines. The goal is to support the academic pursuits of youth bowlers, thereby fostering their overall growth and development.
Official website here: www.bowl.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Smart Bowling Scholarship Funding Corporation has earned an 81% rating from Charity Navigator, highlighting its commitment to accountability and financial health. The organization demonstrates strong governance, with a fully independent board and thorough financial audits. Its program expense ratio is notably high at 84.81%, indicating that a significant portion of its funding is directed towards its mission-related activities.
Strengths of the organization include a robust conflict of interest policy and whistleblower protections, ensuring transparency and adherence to ethical standards. The charity has been proactive in maintaining its financial records, with no reported material diversions of assets, and its website is properly listed on its tax documents, enhancing public trust.
However, the organization faces challenges regarding its liabilities to assets ratio, which stands at 81.28%, reflecting potential financial vulnerabilities. This aspect suggests that while the charity is performing well in program delivery, financial management may require closer scrutiny to ensure long-term sustainability. Overall, the Smart Bowling Scholarship Funding Corporation appears to be a well-managed organization with room for improvement in its financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Smart Bowling Scholarship Funding Corporation legitimate?
Smart Bowling Scholarship Funding Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smart Bowling Scholarship Funding Corporation 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.bowl.com
What is the mission statement of Smart Bowling Scholarship Funding Corporation?
The Smart Bowling Scholarship Funding Corporation aims to assist young bowlers in achieving their full potential in life through their achievements in bowling and educational learning. They achieve this by encouraging the organization of bowling tournaments, special events, and donations. The funds collected are used to create scholarships for youth bowlers, with a focus on ensuring effective, convenient access, safekeeping, and prudent management of these scholarships until they can be distributed in compliance with all NCAA regulations. The organization's mission is to help youth bowlers achieve their educational goals and reach their full potential.
Official website here: www.bowl.com
Who is the CEO of Smart Bowling Scholarship Funding Corporation?
Chad Murphy is the President of Smart Bowling Scholarship Funding Corporation.
Official website here: www.bowl.com
What is the revenue of Smart Bowling Scholarship Funding Corporation?
Smart Bowling Scholarship Funding Corporation's revenue in 2021 was $0.
Official website here: www.bowl.com
Who are the executives of Smart Bowling Scholarship Funding Corporation and what are their salaries?
There 6 volunteers at Smart Bowling Scholarship Funding Corporation.
Here are 7 key members and their salaries:
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- Other: $0
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- Related: $12,509
- Other: $1,404
Official website here: www.bowl.com
Where can I find the form 990 for Smart Bowling Scholarship Funding Corporation?
Smart Bowling Scholarship Funding Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.bowl.com
Learn more at the official website: www.bowl.com
Mission Statement of Smart Bowling Scholarship Funding Corporation
The Smart Bowling Scholarship Funding Corporation is committed to assisting young bowlers and lifelong learners in realizing their full potential in both bowling and education. To achieve this, the organization encourages the organization of bowling tournaments, special events, and donations to create scholarships for youth bowlers. Furthermore, Smart Bowling Scholarship Funding Corporation ensures the effective and convenient access, safekeeping, and prudent management of these scholarship funds until they can be distributed to eligible youth bowlers in compliance with all NCAA regulations. The ultimate goal of this nonprofit is to help young bowlers achieve their educational goals and reach their full potential, thereby making a significant impact in their lives.
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Impact
October, 2024
Smart Bowling Scholarship Funding Corporation significantly impacts the lives of young bowlers by creating pathways for both athletic and academic success. By organizing bowling tournaments and special events, the organization fosters a community that encourages youth to excel in the sport while simultaneously promoting educational achievements.
The corporation's commitment to managing scholarship funds responsibly ensures that these resources are securely held and distributed in accordance with NCAA regulations. This prudent management provides youth bowlers with the financial support needed to pursue their educational goals, empowering them to reach their full potential.
Through scholarships, young athletes are more likely to continue their education, which can lead to improved life outcomes, job opportunities, and personal growth. The dual focus on bowling and education nurtures well-rounded individuals who can balance their passions for sport and learning, making a lasting impact in their lives and communities.
This information is meant to be a general summary of Smart Bowling Scholarship Funding Corporation. 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 2021.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2010
Phone
(817) 385-8200Principal Officer
Chad Murphy
Main Address
621 SIX FLAGS DR, ARLINGTON, TX, 76011
Website
www.bowl.comNTEE Category
Code: B82 - Education
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