Overview
What is The Cincinnati Reds Community Fund?
The Cincinnati Reds Community Fund, based in Cincinnati, Ohio, is a nonprofit organization committed to enhancing the lives of youth. Leveraging the rich tradition of the Cincinnati Reds and the game of baseball, the fund aims to promote academic achievement and foster good character development. Since 2009, they have been operating the P&G MLB Cincinnati Reds Youth Academy, providing free, year-round baseball and softball instruction along with educational programming. Their indoor training facility in Roselawn, opened in 2014, serves as a hub for these activities, aiming to increase participation and interest in these sports.
Official website here: www.reds.mlb.com/cin/community/rcf.jsp
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Cincinnati Reds Community Fund has received a Three-Star rating from Charity Navigator, reflecting a solid score of 80%. This rating is primarily based on the organization's accountability and financial management. The fund demonstrates strong governance, with a majority of its board members being independent and maintaining transparency in its financial operations.
The organization excels in various financial metrics, including a high program expense ratio of 82.11%, which indicates that a significant portion of its funds is directed toward its programs rather than administrative costs. Its fundraising efficiency is also commendable, with only $0.20 spent to raise each dollar, highlighting effective resource management. The organization maintains a sound financial position, evidenced by a low liabilities-to-assets ratio of 7.42% and a working capital ratio of 2.60 years.
While the rating reflects overall good performance, potential donors may want to consider that the evaluation is based solely on accountability and finance metrics, without additional insights into program impact or beneficiary experiences. Overall, the Cincinnati Reds Community Fund appears to be a well-managed nonprofit, committed to transparency and effective resource allocation.
This AI summary has been generated from information found on Charity Navigator.
Is The Cincinnati Reds Community Fund legitimate?
The Cincinnati Reds Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cincinnati Reds Community Fund 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: $216,712
Professional Fundraising Fees: $0
Other Salaries and Wages: $671,932
For more financial information, click here
Official website here: www.reds.mlb.com/cin/community/rcf.jsp
What is the mission statement of The Cincinnati Reds Community Fund?
The Cincinnati Reds Community Fund is committed to enhancing the lives of youth through the influence of the Cincinnati Reds baseball tradition. Their mission is achieved by leveraging the game of baseball to promote participation, academic achievement, and character development among the youth. The Reds Community Fund operates an indoor training facility that offers free, year-round baseball and softball instruction alongside educational programming. Their primary goals include increasing interest in these sports and emphasizing good character development.
Official website here: www.reds.mlb.com/cin/community/rcf.jsp
Who is the CEO of The Cincinnati Reds Community Fund?
Charley Frank is the Board Member of The Cincinnati Reds Community Fund.
Official website here: www.reds.mlb.com/cin/community/rcf.jsp
What is the revenue of The Cincinnati Reds Community Fund?
The Cincinnati Reds Community Fund's revenue in 2022 was $2,758,776.
Official website here: www.reds.mlb.com/cin/community/rcf.jsp
Who are the executives of The Cincinnati Reds Community Fund and what are their salaries?
There 900 volunteers at The Cincinnati Reds Community Fund.
Here are 21 key members and their salaries:
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- Compensation: $162,441
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- Other: $54,270
Official website here: www.reds.mlb.com/cin/community/rcf.jsp
Where can I find the form 990 for The Cincinnati Reds Community Fund?
The Cincinnati Reds Community Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reds.mlb.com/cin/community/rcf.jsp
Learn more at the official website: www.reds.mlb.com/cin/community/rcf.jsp
Mission Statement of The Cincinnati Reds Community Fund
The Cincinnati Reds Community Fund is committed to enhancing the lives of youths by leveraging the rich tradition of the Cincinnati Reds and the game of baseball. This nonprofit organization's mission is to make a positive impact on the lives of young individuals by harnessing the power of baseball. They strive to increase participation and interest in both baseball and softball, while also encouraging academic achievement and fostering good character development.
Established in 2009, The Cincinnati Reds Community Fund operated the P&G MLB Cincinnati Reds Youth Academy for five years in conjunction with Cincinnati Public Schools. Later, an indoor training facility was opened in Roselawn in 2014, which continues to provide free, year-round baseball and softball instruction, along with educational programming. The goal of these initiatives is to inspire and engage young people, instilling values of teamwork, discipline, and perseverance through the game of baseball.
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Impact
October, 2024
The Cincinnati Reds Community Fund significantly enhances the lives of youth by integrating the legacy of the Cincinnati Reds and the sport of baseball into their development. The P&G MLB Cincinnati Reds Youth Academy, which began in 2009 and found its permanent home in Roselawn in 2014, serves as a hub for free, year-round baseball and softball training.
Through this initiative, the Fund fosters greater participation and interest in these sports while providing educational programming that encourages academic success and instills strong character values. The foundation's commitment to community improvement creates a positive environment where young individuals can thrive academically and athletically, ultimately shaping well-rounded and responsible citizens.
This information is meant to be a general summary of The Cincinnati Reds Community Fund. 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: $32,801
- Gross Receipts: $4,712,366
Assets and Liabilities:
- Total Assets: $7,788,183
- Total Liabilities: $578,416
- Net Assets: $7,209,767
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Organization Details
Founding Year
2001
Phone
(513) 765-7015Principal Officer
Charley Frank
Main Address
100 JOE NUXHALL WAY, CINCINNATI, OH, 45202
NTEE Category
Code: S20 - Community improvement
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