Overview
What is Cedar Lane Sports Foundation Inc?
The Cedar Lane Sports Foundation Inc, based in Harford County, Maryland, is a dedicated nonprofit organization. Its primary objective is to transform local land into superior recreational sports facilities, catering to both youth and adults. The organization facilitates various clinics, leagues, tournaments, and special events, aiming to boost the recreational offerings in the area. They primarily focus on lacrosse events, both at a local and national level. To support this mission, the foundation seeks funding, resources, and collaborations from both public and private sources. The goal is to create and maintain a self-sustaining organization capable of managing these facilities effectively.
Official website here: www.cedarlanesports.org/sports/abo
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
Cedar Lane Sports Foundation Inc has received an 84% rating on Charity Navigator, indicating a solid level of accountability and financial health. This score is derived entirely from the Accountability & Finance beacon, reflecting the organization’s commitment to transparency and responsible management of resources. The foundation has maintained a majority of independent board members and demonstrates strong oversight through its audit and financial management practices.
The organization excels in various areas, notably in having a complete independent board and robust financial statements, with no material diversion of assets reported. Additionally, it effectively allocates 82.88% of its expenses towards programs, showcasing its focus on mission-related activities rather than administrative costs. These attributes highlight the foundation's dedication to its goals and its effective use of donor funds.
However, there are areas of concern, including the absence of key policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy. While these omissions do not appear to significantly impact the overall score, they are important for comprehensive governance. Future improvements in these areas could enhance the organization’s accountability and further bolster its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Cedar Lane Sports Foundation Inc legitimate?
Cedar Lane Sports Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Lane Sports Foundation 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: $15,120
For more financial information, click here
Official website here: www.cedarlanesports.org/sports/abo
What is the mission statement of Cedar Lane Sports Foundation Inc?
The Cedar Lane Sports Foundation's mission is centered around improving recreational opportunities for local residents. They aim to develop and enhance top-notch sports facilities across various fields, catering to both youth and adults. The organization also coordinates a variety of clinics, leagues, tournaments, and special events to enrich the recreational landscape. Their primary focus is on lacrosse, hosting both local and regional events, with some extending to the national level. Furthermore, the foundation seeks to secure funding, resources, and support from both private and public sources to sustain its projects and contribute to the growth of sports recreation in the community.
Official website here: www.cedarlanesports.org/sports/abo
Who is the CEO of Cedar Lane Sports Foundation Inc?
John Mchugh is the Executive Di of Cedar Lane Sports Foundation Inc.
Official website here: www.cedarlanesports.org/sports/abo
What is the revenue of Cedar Lane Sports Foundation Inc?
Cedar Lane Sports Foundation Inc's revenue in 2023 was $967,460.
Official website here: www.cedarlanesports.org/sports/abo
Who are the executives of Cedar Lane Sports Foundation Inc and what are their salaries?
There 15 volunteers at Cedar Lane Sports Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.cedarlanesports.org/sports/abo
Where can I find the form 990 for Cedar Lane Sports Foundation Inc?
Cedar Lane Sports Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cedarlanesports.org/sports/abo
Learn more at the official website: www.cedarlanesports.org/sports/abo
Mission Statement of Cedar Lane Sports Foundation Inc
Cedar Lane Sports Foundation Inc is dedicated to improving sports recreation facilities in Harford County, Maryland, transforming ordinary land into top-notch fields suitable for both local and regional use. The foundation's mission extends beyond mere development; it also coordinates a diverse array of clinics, leagues, tournaments, and special events for both youth and adults. This commitment ensures that the local community has a wealth of recreational opportunities at its disposal. The primary focus of Cedar Lane Sports Foundation Inc is lacrosse, hosting various local, regional, and national events for this popular sport. In addition to event coordination, the organization actively seeks out financial support from both private and public sources to sustain its mission, allowing it to maintain and manage these facilities in a self-sufficient manner.
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Impact
October, 2024
Cedar Lane Sports Foundation Inc significantly enhances recreational opportunities in Harford County, Maryland, by developing high-quality field sports facilities that serve both local and regional needs. This organization plays a vital role in coordinating clinics, leagues, tournaments, and special events tailored for both youth and adults, ensuring that community members have access to diverse sporting activities.
By focusing on sports like lacrosse and other field sports, Cedar Lane Sports Foundation fosters a vibrant local sports culture, promoting physical activity, teamwork, and community engagement. The development of these recreational facilities not only provides a space for athletic competition and practice but also contributes to the overall health and well-being of the community.
Additionally, by soliciting support from private and public sources, the foundation works to maintain and improve these facilities sustainably, ensuring long-term access for future generations. In summary, Cedar Lane Sports Foundation Inc has a profound impact on enhancing the quality of life in Harford County through sports and recreation.
This information is meant to be a general summary of Cedar Lane Sports Foundation 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 2023.
- Investment Income: $63
- Program Service Revenue: $688,634
- Gross Receipts: $967,460
Assets and Liabilities:
- Total Assets: $1,119,133
- Total Liabilities: $311,943
- Net Assets: $807,190
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCIDENTAL VENDING REVENUE
Revenue
$651,033
TOURNAMENT & FIELD USAGE
Revenue
$37,601
Organization Details
Phone
(410) 666-2668Principal Officer
John Mchugh
Main Address
PO BOX 424, CHURCHVILLE, MD, 21028
NTEE Category
Code: N32 - Recreation
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