Overview
What is Troy Recreation Association Inc?
Troy Recreation Association Inc is a 82-year-old nonprofit organization situated in Troy, Ohio, with a focus on serving the local community, particularly its youth. The association provides a variety of programs and facilities that aid in the growth and development of young individuals, fostering leadership and volunteerism. In 2022, they served an average of 90 high school students daily, 50 elementary school students, 56 preschoolers, and offered lunch buddy services to 52 children. Indoor soccer was also provided for 120 children, and numerous community activities were organized throughout the year. The Troy Recreation Association has significantly increased its usage and attendance, and during the pandemic, it expanded its food support program to assist any Miami County families in need. The facility is utilized by numerous community groups, such as Girl Scouts, Boy Scouts, and various church groups, providing opportunities for interaction and fellowship. The association's programs and activities create a safe space for all participants, helping them develop a sense of community and belonging. Ultimately, Troy Recreation Association's mission is to provide a recreational and social environment for Troy's citizens, with a primary emphasis on youth development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
The Troy Recreation Association Inc has achieved an 87% score, reflecting solid accountability and financial practices. This strong rating is derived entirely from its accountability and finance metrics, indicating that the organization operates with a high level of transparency and responsibility. Notably, it has a fully independent board, which is a significant strength, leading to better governance and oversight.
The organization's financial management is commendable, with a program expense ratio of 95.64%, signifying that the vast majority of its funds are directed towards its programs rather than administrative costs. Furthermore, the absence of material diversion of assets demonstrates its commitment to ethical practices. The presence of well-documented policies on conflict of interest and whistleblower protections further enhances its governance structure.
Despite the positive indicators, the rating is primarily focused on financial accountability, and there is no additional score reflecting the impact or effectiveness of the programs themselves. While the financial aspects are strong, potential donors and supporters may want to seek further information on the actual outcomes of the programs offered by the association.
This AI summary has been generated from information found on Charity Navigator.
Is Troy Recreation Association Inc legitimate?
Troy Recreation Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Troy Recreation Association 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: $198,690
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What is the mission statement of Troy Recreation Association Inc?
Troy Recreation Association Inc's mission is centered around providing a recreational and social environment primarily for youth, fostering their growth and development in leadership and volunteerism. The organization offers various programs and facilities, serving an average of 90 high school students daily, 50 elementary school students, 56 preschoolers, and numerous community activities throughout the year. They have also implemented a weekend food program to support families in need. Troy Recreation Association Inc's facility serves as a valuable resource for community groups, hosting activities like Girl Scouts, Boy Scouts, and sports teams, providing opportunities for growth, interaction, and fellowship. The association has been committed to serving the community, particularly the youth, for over 82 years, promoting a sense of community and belonging.
Who is the CEO of Troy Recreation Association Inc?
Katrina Krites is the President of Troy Recreation Association Inc.
What is the revenue of Troy Recreation Association Inc?
Troy Recreation Association Inc's revenue in 2022 was $485,609.
Who are the executives of Troy Recreation Association Inc and what are their salaries?
The average compensation at Troy Recreation Association Inc during 2022 was $9,031. There are 22 employees and 110 volunteers at Troy Recreation Association Inc.
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Where can I find the form 990 for Troy Recreation Association Inc?
Troy Recreation Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Troy Recreation Association Inc
Troy Recreation Association Inc, a nonprofit organization, is dedicated to providing a recreational and social environment primarily for the youth in the community. Its mission is to foster growth and development in leadership and volunteerism among the city's young citizens. Through various programs, the association serves an average of 90 high school students daily, as well as 50 elementary school students, 56 preschoolers, and offers lunch buddy services to 52 children. The organization also provides indoor soccer for 120 children and hosts a range of community activities throughout the year.
The Troy Recreation Association Inc's facility has seen an increase in usage and traffic, and the organization strives to maintain this high demand. They offer a weekend bag of supplemental food, which during the pandemic, expanded to serve any family in Miami County with children in need of food support. The facility is a valuable resource for community groups, hosting meetings for organizations such as Girl Scouts, Cub Scouts, Boy Scouts, Troy High School Band, and various church groups. These programs and activities provide participants with opportunities for growth, interaction, and fellowship, making the Troy Recreation Association Inc a safe space for all.
The Troy Recreation Association Inc has been serving the community, especially its youth, for over 82 years, and this tradition continued in 2022. The organization's programs and activities offer participants opportunities for growth, interaction, and fellowship, helping individuals develop a sense of community and belonging.
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Impact
July, 2024
Troy Recreation Association Inc's impact is significant, as it provides a vital recreational and social environment for the citizens of Troy, with a primary focus on youth development. The organization's programs and facility offer opportunities for growth, leadership, and volunteerism among the youth in the community. With services catering to different age groups, including daily programs for sixth through twelfth graders, kindergartners through fifth graders, and preschoolers, the Troy Rec serves as a hub for youth activities and engagement.
Moreover, the Troy Rec has expanded its services to include lunch buddy programs, indoor soccer for children, and community activities, all of which contribute to the holistic development of the participants. The organization's initiative to provide weekend bags of supplemental food to families in need during the pandemic demonstrates its commitment to addressing community challenges.
Additionally, the Troy Rec serves as a meeting place for various community groups, promoting interaction, fellowship, and a sense of belonging among participants. By offering a safe space for individuals to engage in a variety of activities, the organization plays a crucial role in building a strong sense of community within Troy. With over 82 years of service to the community, the Troy Recreation Association Inc continues to uphold its mission of providing a nurturing environment for the citizens of Troy, particularly the youth.
This information is meant to be a general summary of Troy Recreation Association 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.
- Investment Income: $6
- Program Service Revenue: $184,679
- Gross Receipts: $485,609
Assets and Liabilities:
- Total Assets: $396,109
- Total Liabilities: $17,163
- Net Assets: $378,946
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$184,679
Organization Details
Founding Year
1941
Phone
(937) 339-1923Principal Officer
Katrina Krites
Main Address
11 N MARKET STREET, TROY, OH, 45373
NTEE Category
Code: O20Z - Youth development
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