Overview
What is Murrieta Valley Pony?
Murrieta Valley Pony is a nonprofit organization situated at 25060 Hancock Avenue, Suite 103-137, in Murrieta, California. Its primary focus is to provide a platform for youth participation in competitive baseball through league play. The organization's mission is centered around fostering team spirit and sportsmanship among the young participants, offering them an opportunity to showcase their skills and enjoy the game.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating.
Murrieta Valley Pony has received a score of 65%, which reflects a moderate level of accountability and financial health. The organization has demonstrated strengths, including a fully independent board and high program expense ratio, indicating that all of its expenses are directed towards its programs. This suggests a commitment to its mission and efficient use of donor resources.
However, the rating also highlights potential financial concerns, particularly with a liabilities to assets ratio of 80.81%, which is significantly low and may indicate financial instability. While the organization is compliant in many areas, such as having a conflict of interest policy and documenting board meeting minutes, the financial challenges could impact its long-term sustainability and effectiveness.
Overall, while Murrieta Valley Pony shows a strong dedication to its programs and governance, stakeholders should be aware of the financial risks associated with its current liabilities. Regular monitoring of the organization’s financial health will be crucial for ensuring ongoing support and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Murrieta Valley Pony legitimate?
Murrieta Valley Pony is a legitimate nonprofit organization registered as a 501(c)(3) entity. Murrieta Valley Pony 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: $5,525
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What is the mission statement of Murrieta Valley Pony?
The Murrieta Valley Pony organization is committed to offering league play opportunities for youths, enabling them to engage in baseball competitions. Its primary mission is to provide a platform for young baseball enthusiasts to showcase their skills, learn teamwork, and foster a love for the sport. The organization's activities are centered around organizing and facilitating baseball games, aiming to promote camaraderie, sportsmanship, and personal growth among its participants. By offering league play, Murrieta Valley Pony contributes to the development of young baseball talents and encourages a healthy, active lifestyle.
Who is the CEO of Murrieta Valley Pony?
Nate Sigafoos is the President of Murrieta Valley Pony.
What is the revenue of Murrieta Valley Pony?
Murrieta Valley Pony's revenue in 2023 was $474,351.
Who are the executives of Murrieta Valley Pony and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Murrieta Valley Pony?
Murrieta Valley Pony's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Murrieta Valley Pony
Murrieta Valley Pony, as an organization, is dedicated to providing league play opportunities for youths, enabling them to engage in competitive baseball. Its mission is centered around facilitating a platform where young individuals can hone their skills, build camaraderie, and experience the thrill of competition within the realm of baseball. By offering league play, Murrieta Valley Pony empowers the youths it serves, fostering a sense of teamwork and sportsmanship.
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Impact
July, 2024
Murrieta Valley Pony has a significant impact on the youth in Murrieta by providing them with opportunities to participate in baseball competition. Through league play, the organization not only promotes physical activity and sportsmanship but also helps in fostering teamwork and discipline among the young participants. By engaging in baseball at Murrieta Valley Pony, children can develop social skills, build self-confidence, and create lasting memories. The organization plays a vital role in the community by offering a platform for youth to learn and grow through the sport of baseball.
This information is meant to be a general summary of Murrieta Valley Pony. 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: $5,330
- Program Service Revenue: $65,435
- Gross Receipts: $474,351
Assets and Liabilities:
- Total Assets: $618,600
- Total Liabilities: $500,000
- Net Assets: $118,600
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SNACK BAR INCOME
Revenue
$65,435
Organization Details
Founding Year
1994
Principal Officer
Nate Sigafoos
Main Address
25060 HANCOCK AVE Ste 103-137, Murrieta, CA, 92563
NTEE Category
Code: N63 - Recreation
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