Overview
What is Laureus Sport For Good Foundation Usa?
Laureus Sport for Good Foundation USA is a nonprofit organization, established in 2002, that leverages the power of sports to uplift and improve the lives of disadvantaged youth and young adults in the United States. It is part of a global network, supporting over 150 projects in 35 countries, and operates under section 501(c)(3) of the Internal Revenue Code, making it tax-exempt. The foundation's mission is to empower communities by tackling social inequalities through sport and investing in organizations that utilize sports as a tool for social change. By centralizing the Sport for Good movement and supporting the delivery of quality, sustainable programming, it aims to enhance youth's health, educational attainment, employability, and social cohesion in underserved communities.
Official website here: www.laureususa.com
What are the reviews and ratings of this charity?
**Rating: 97% (Four-Star out of Four Star rating from Charity Navigator)**
The Laureus Sport For Good Foundation USA boasts an impressive 97% rating from Charity Navigator, reflecting commendable accountability and financial management. The organization excels in various metrics such as having a fully independent board and maintaining a high program expense ratio, indicating effective use of funds towards its mission.
Strengths highlighted include strict adherence to financial policies, a well-structured oversight committee, and solid financial performance, as evidenced by low liabilities and high working capital. The organization effectively channels a significant portion of its resources into programs, ensuring sustainable operations with minimal fundraising overhead.
However, the organization is currently not evaluated in impact measurement, culture and community, or leadership and adaptability methodologies, which limits insights into its effectiveness in these areas. User reviews from GreatNonprofits are not available to provide additional insights into public sentiment regarding the foundation's initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Laureus Sport For Good Foundation Usa legitimate?
Laureus Sport For Good Foundation Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laureus Sport For Good Foundation Usa 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: $349,244
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.laureususa.com
What is the mission statement of Laureus Sport For Good Foundation Usa?
The Laureus Sport for Good Foundation USA's mission is centered around transforming the lives of youth and strengthening communities through the power of sports. They accomplish this by serving as the central organizer and lessor of the Sport for Good movement, empowering communities to tackle social inequalities. The foundation achieves this by investing in organizations that utilize sports as a tool for social change. Their support contributes to the delivery of high-quality, sustainable programming, resulting in demonstrable improvements in the health, educational attainment, employability, and social cohesion of youth in underserved communities.
Official website here: www.laureususa.com
What is the revenue of Laureus Sport For Good Foundation Usa?
Laureus Sport For Good Foundation Usa's revenue in 2023 was $9,947,466.
Official website here: www.laureususa.com
Who are the executives of Laureus Sport For Good Foundation Usa and what are their salaries?
The average compensation at Laureus Sport For Good Foundation Usa during 2023 was $21,828. There are 16 employees and 11 volunteers at Laureus Sport For Good Foundation Usa.
Here are 17 key members and their salaries:
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- Compensation: $128,869
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- Compensation: $146,696
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- Other: $39,584
- Compensation: $126,811
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- Other: $31,456
- Compensation: $116,791
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- Other: $12,078
- Compensation: $120,800
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- Other: $9,491
- Compensation: $117,018
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- Other: $38,904
Official website here: www.laureususa.com
Where can I find the form 990 for Laureus Sport For Good Foundation Usa?
Laureus Sport For Good Foundation Usa's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.laureususa.com
Learn more at the official website: www.laureususa.com
Mission Statement of Laureus Sport For Good Foundation Usa
Laureus Sport for Good Foundation USA is committed to transforming the lives of youth and strengthening communities through the power of sport. This organization achieves this mission by serving as the central hub for the Sport for Good movement, empowering communities to tackle social inequalities. By investing in organizations that utilize sport as a tool for social change, Laureus USA supports the delivery of high-quality, sustainable programming. These initiatives lead to significant improvements in the health, educational attainment, employability, and social cohesion of young individuals in underserved communities. The foundation's efforts ultimately aim to create positive change and foster stronger, more unified communities.
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Impact
October, 2024
Laureus Sport For Good Foundation USA leverages the transformative power of sport to create meaningful change in the lives of youth and strengthen communities across the United States. Since its founding in 2002, the organization has focused on empowering underserved youth and young adults, addressing community challenges through innovative, sport-based youth development programs.
By investing in organizations that utilize sport as a tool for social change, Laureus USA fosters quality and sustainable programming that leads to significant improvements in health, education, employability, and social cohesion for young people. The impact is evident in the demonstrated positive outcomes, as participants experience enhanced educational attainment and increased opportunities for future employment.
Additionally, Laureus USA plays a pivotal role in the global Sport for Good movement, working collaboratively to empower communities in facing social inequalities. Through its support, the foundation enhances the capability of local organizations, creating a ripple effect that benefits entire communities, making them safer, healthier, and more equitable for all.
This information is meant to be a general summary of Laureus Sport For Good Foundation Usa. 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 2023.
- Investment Income: $90,012
- Gross Receipts: $9,967,025
Assets and Liabilities:
- Total Assets: $11,853,107
- Total Liabilities: $4,025,935
- Net Assets: $7,827,172
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Organization Details
Founding Year
2002
Principal Officer
Mark Ratcliffe
Website
www.laureususa.comNTEE Category
Code: N70 - Recreation
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