Overview
What is United States Table Tennis Association Foundation Inc?
The United States Table Tennis Association Foundation Inc, based in Caledonia, Michigan, is a nonprofit organization with a dedicated mission. This entity primarily supports the educational and charitable aims of the USA Table Tennis, Inc. They manage funds exclusively for the benefit of this organization, ensuring their proper investment and administration. By doing so, they contribute to the growth and development of table tennis in the United States.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
The United States Table Tennis Association Foundation Inc has received a solid Three-Star rating based on its accountability and finance practices, with an overall score of 80%. This rating reflects a strong commitment to financial transparency and responsible governance. The organization boasts a fully independent board, with all members meeting the criteria for independence, which is a significant strength in terms of governance.
Financially, the foundation demonstrates a commendable program expense ratio of 98.75%, indicating that the vast majority of its expenditures are directed toward its programs rather than administrative costs. Additionally, the organization has no material diversion of assets and maintains a perfect score for its liabilities to assets ratio, showcasing its financial stability and integrity.
While the foundation has strengths in governance and financial management, it is essential for potential donors to consider the broader impact and effectiveness of the programs funded. Engaging with the foundation and reviewing its program outcomes would provide a more comprehensive understanding of its overall effectiveness in promoting table tennis in the United States.
This AI summary has been generated from information found on Charity Navigator.
Is United States Table Tennis Association Foundation Inc legitimate?
United States Table Tennis Association Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Table Tennis Association 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: $0
For more financial information, click here
What is the mission statement of United States Table Tennis Association Foundation Inc?
The United States Table Tennis Association Foundation Inc's mission is centered around managing funds solely for the benefit of USA Table Tennis. This organization's primary objective is to support the educational and charitable purposes of USA Table Tennis, Inc. By doing so, they contribute to the overall growth and development of table tennis in the United States. Their role is crucial in ensuring the financial stability and success of USA Table Tennis.
Who is the CEO of United States Table Tennis Association Foundation Inc?
Dell Sweeris is the Director of United States Table Tennis Association Foundation Inc.
What is the revenue of United States Table Tennis Association Foundation Inc?
United States Table Tennis Association Foundation Inc's revenue in 2022 was $59,987.
Who are the executives of United States Table Tennis Association Foundation Inc and what are their salaries?
There 8 volunteers at United States Table Tennis Association Foundation Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for United States Table Tennis Association Foundation Inc?
United States Table Tennis Association Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of United States Table Tennis Association Foundation Inc
The United States Table Tennis Association Foundation Inc is dedicated to managing and utilizing funds solely for the advantage of USA Table Tennis. This nonprofit organization's mission is to contribute to the educational and charitable objectives of USA Table Tennis, Inc. By receiving, holding, investing, and administering funds exclusively for USA Table Tennis, the Foundation aims to support and enhance the well-being of this organization.
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Impact
October, 2024
The United States Table Tennis Association Foundation Inc plays a crucial role in promoting and supporting the sport of table tennis across the nation. By receiving, holding, investing, and administering funds, the foundation significantly enhances the resources available to USA Table Tennis. This financial backing is essential for fostering educational initiatives, supporting events, and encouraging player development at all levels.
The foundation's commitment to the sport ensures that athletes have access to better training facilities, coaching, and competitive opportunities. This not only elevates the standard of play but also encourages participation from diverse communities, promoting inclusivity and engagement in table tennis as a recreational activity.
Through its strategic financial management, the foundation upholds the values and mission of USA Table Tennis, driving growth and innovation in the sport. Overall, its impact is felt in the improved accessibility, quality of training, and the overall vibrancy of the table tennis community in the United States.
This information is meant to be a general summary of United States Table Tennis Association 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 2022.
- Investment Income: $59,987
- Gross Receipts: $184,987
Assets and Liabilities:
- Total Assets: $1,127,809
- Total Liabilities: $0
- Net Assets: $1,127,809
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Organization Details
Founding Year
1985
Phone
(616) 446-0285Principal Officer
Dell Sweeris
Main Address
1784 PLACID COURT SE, CALEDONIA, MI, 49316
NTEE Category
Code: N110 - Recreation
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