Overview
What is Federation Of International Lacrosse Inc?
Federation of International Lacrosse Inc, situated in Colorado Springs, CO, serves as the internationally recognized governing body for the sport of lacrosse. Working with over 70 national governing bodies and three continental federations, its mission is to promote lacrosse globally with the vision of it becoming an Olympic sport. The organization provides assistance to these bodies in growing and developing the sport and organizes global events for its members. It also has a dedicated program for media, public relations, and branding, involving staff salaries and social media promotional expenses to boost the sport's exposure worldwide.
Official website here: www.worldlacrosse.sport
What are the reviews and ratings of this charity?
Charity Navigator Rating 90%
The Federation Of International Lacrosse Inc has achieved a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong overall performance and commitment to accountability and transparency. With a high accountability and finance score of 90%, the organization demonstrates effective governance, evidenced by a fully independent board and a robust conflict of interest policy. These factors contribute to the integrity of the organization's operations.
Strengths include an impressive program expense ratio of 71.01%, indicating that a significant portion of their expenditures directly supports their mission. Furthermore, the fundraising efficiency ratio shows that they are able to raise funds effectively, with only $0.10 spent on fundraising for every dollar raised. This suggests a well-managed approach to resources that prioritizes program delivery over administrative costs.
While the organization exhibits strong financial health with a liabilities to assets ratio of 8.64% and a working capital ratio of 0.88 years, continuous vigilance in maintaining these metrics is essential for future sustainability. Overall, the Federation Of International Lacrosse Inc is well-positioned to fulfill its mission while adhering to high standards of financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Federation Of International Lacrosse Inc legitimate?
Federation Of International Lacrosse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federation Of International Lacrosse 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: $649,548
Professional Fundraising Fees: $0
Other Salaries and Wages: $553,630
For more financial information, click here
Official website here: www.worldlacrosse.sport
What is the mission statement of Federation Of International Lacrosse Inc?
The Federation of International Lacrosse Inc, recognized by the International Olympic Committee, governs the sport of lacrosse worldwide. Its mission is to promote the growth and development of lacrosse globally, aiming to have the sport recognized and played by all countries worldwide and eventually included in the Olympics. The organization collaborates with over 70 national governing bodies and three continental federations to achieve this goal. Its mission is also geared towards positively impacting the lives of lacrosse participants and their communities. To achieve this, World Lacrosse provides support to its member national governing bodies to help them grow and organize global events for their members.
Official website here: www.worldlacrosse.sport
Who is the CEO of Federation Of International Lacrosse Inc?
Jim Scherr is the Chief Executive Officer of Federation Of International Lacrosse Inc. The CEO's salary of Federation Of International Lacrosse Inc is $243,411 and their total compensation is $261,178.
Official website here: www.worldlacrosse.sport
What is the revenue of Federation Of International Lacrosse Inc?
Federation Of International Lacrosse Inc's revenue in 2022 was $3,584,616.
Official website here: www.worldlacrosse.sport
Who are the executives of Federation Of International Lacrosse Inc and what are their salaries?
The average compensation at Federation Of International Lacrosse Inc during 2022 was $109,380. There are 11 employees and 1000 volunteers at Federation Of International Lacrosse Inc.
Here are 16 key members and their salaries (Federation Of International Lacrosse Inc's CEO's salary is $243,411 and their total compensation is $261,178):
- Compensation: $243,411
- Related: $0
- Other: $17,767
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- Compensation: $168,977
- Related: $0
- Other: $20,164
- Compensation: $183,300
- Related: $0
- Other: $15,929
- Compensation: $119,899
- Related: $0
- Other: $12,633
Official website here: www.worldlacrosse.sport
Where can I find the form 990 for Federation Of International Lacrosse Inc?
Federation Of International Lacrosse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.worldlacrosse.sport
Learn more at the official website: www.worldlacrosse.sport
Mission Statement of Federation Of International Lacrosse Inc
The Federation of International Lacrosse Inc, as the internationally recognized governing body for the sport of lacrosse, strives to fulfill a mission that extends beyond its borders. With over 70 national governing bodies and three continental federations as its partners, this organization's vision is to see lacrosse played and recognized globally, with an ultimate goal of inclusion in the Olympic Games. To achieve this mission, the Federation of International Lacrosse Inc works tirelessly to develop and grow the sport on a global scale, positively impacting the lives of its participants and their communities.
In support of this mission, the Federation of International Lacrosse Inc collaborates with its member national governing bodies (NGBs) to foster the growth and development of lacrosse worldwide. The organization also plays a key role in organizing global events for its members, providing opportunities for international competition and collaboration. To raise awareness and exposure for the sport, the Federation of International Lacrosse Inc has a dedicated program focused on media, public relations, and branding. This program includes the allocation of resources for staff salaries and social media promotional expenses, ensuring lacrosse receives the global recognition it deserves.
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Impact
October, 2024
The Federation of International Lacrosse Inc, operating as World Lacrosse, plays a pivotal role in the global landscape of lacrosse, significantly influencing the sport's development and recognition. By governing more than 70 national governing bodies and three continental federations, it fosters international collaboration and standardization in lacrosse practices.
World Lacrosse’s vision is ambitious: to ensure that lacrosse is played and acknowledged in every country, ultimately achieving Olympic status. This aspiration not only elevates the sport but also encourages participation at various levels, creating opportunities for athletes worldwide.
The organization is proactive in promoting lacrosse, utilizing programs focused on media, public relations, and branding. These efforts enhance visibility for the sport, attract new fans, and engage potential participants, thereby enriching communities through increased involvement in lacrosse.
By organizing global events and offering support to member organizations, World Lacrosse nurtures the sport's growth. This not only benefits players but also positively impacts their communities, fostering teamwork, discipline, and social connections. Through its comprehensive approach, World Lacrosse is laying the groundwork for a thriving future for lacrosse on both a regional and global scale.
This information is meant to be a general summary of Federation Of International Lacrosse 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: $2,410
- Program Service Revenue: $495,872
- Gross Receipts: $3,584,616
Assets and Liabilities:
- Total Assets: $2,909,992
- Total Liabilities: $251,452
- Net Assets: $2,658,540
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDIA RIGHTS
Revenue
$250,000
EVENT PARTICIPATION FE
Revenue
$245,872
Organization Details
Founding Year
2008
Phone
(719) 300-7595Principal Officer
Jim Scherr
Main Address
1631 MESA AVE SUITE A, COLORADO SPRINGS, CO, 80906
Website
www.worldlacrosse.sportNTEE Category
Code: N70 - Recreation
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