Overview
What is Legends Of Gold Inc?
Legends of Gold Inc, based in Beresford, South Dakota (57004), is a public charity dedicated to fostering character, physical health, and well-being among young athletes. Through their programs, they aim to instill values such as sportsmanship, self-confidence, self-esteem, positive attitudes, dedication, persistence, and hard work. Their initiatives include organizing obese camps, soccer camps, and wrestling classes and training sessions, often utilizing a city soccer field in Beresford. The organization relies on public donations to support its endeavors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (60%, Two-Star out of Four Star Rating)
Legends Of Gold Inc has received a Two-Star rating from Charity Navigator, reflecting a need for improvement in various areas of accountability and finance. The organization scored 60%, primarily due to its performance in the Accountability & Finance beacon. Although it demonstrated strong program expense efficiency, achieving a 100% ratio, there are significant concerns regarding governance and transparency, highlighted by a lack of independent board members and failure to provide essential financial statements on its website.
The nonprofit's strengths lie in its commitment to program spending, with 100% allocated to its mission-related activities. However, weaknesses are evident in governance, as the board lacks independent members and has not implemented key policies that enhance accountability, such as a conflict of interest policy. Transparency is also an issue, with the organization not making its financial documents readily available online, which can hinder public trust and support.
In summary, while Legends Of Gold Inc shows a strong focus on its programs, the organization must address its governance and transparency shortcomings to improve its overall rating. Building a more independent board and enhancing financial disclosures would be vital steps toward fostering greater accountability and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Legends Of Gold Inc legitimate?
Legends Of Gold Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legends Of Gold 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:
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What is the mission statement of Legends Of Gold Inc?
Legends of Gold Inc, as a public charity, is focused on developing obese camps and soccer camps for young students, encouraging donations from the public. Their mission is to build character, promote physical health and well-being, and instill values such as sportsmanship, self-confidence, self-esteem, positive attitudes, dedication, persistence, and hard work among the younger generation. This is achieved through various programs, including obese camps, soccer camps, wrestling classes, and training sessions. The organization's primary goal is to contribute to the overall development of young athletes, fostering a sense of teamwork and resilience.
Who is the CEO of Legends Of Gold Inc?
Terry Pack is the Ceo of Legends Of Gold Inc. The CEO's salary of Legends Of Gold Inc is $0 and their total compensation is $0.
What is the revenue of Legends Of Gold Inc?
Legends Of Gold Inc's revenue in 2022 was $539,881.
Who are the executives of Legends Of Gold Inc and what are their salaries?
Here are 7 key members and their salaries (Legends Of Gold Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Legends Of Gold Inc?
Legends Of Gold Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Legends Of Gold Inc
Legends of Gold Inc, as a public charity, is dedicated to building character and promoting physical health and well-being among young students. They achieve this through various camps and training programs, including obese camps, soccer camps, wrestling classes, and training sessions. The organization's mission is to instill values such as sportsmanship, self-confidence, self-esteem, positive attitudes, dedication, persistence, and hard work in the younger generation of athletes. By doing so, Legends of Gold Inc aims to foster a sense of resilience and determination in these young individuals, equipping them with essential life skills.
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Impact
July, 2024
Legends Of Gold Inc has a significant impact on the community by providing opportunities for young students to develop character, physical health, sportsmanship, self-confidence, self-esteem, and positive attitudes towards dedication, persistence, and hard work. Through their various programs such as obese camps, soccer camps, wrestling classes, and training sessions, they are actively contributing to the well-being and growth of the younger generation in Beresford, SD. Their mission of building a supportive and encouraging environment for young athletes is helping to shape the future leaders of tomorrow.
This information is meant to be a general summary of Legends Of Gold 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 2022.
- Gross Receipts: $539,881
Assets and Liabilities:
- Total Assets: $582,214
- Total Liabilities: $67,128
- Net Assets: $515,086
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Organization Details
Founding Year
2010
Principal Officer
Terry Pack
Main Address
47256 297TH STREET, Beresford, SD, 57004
NTEE Category
Code: N60 - Recreation
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