Overview
What is Fort Recovery Athletic Boosters Inc?
Fort Recovery Athletic Boosters Inc, located in Fort Recovery, Ohio, is a nonprofit organization dedicated to championing athletics within the local school system. Their mission is to support and promote sports events in the Fort Recovery School District, working tirelessly to enhance athletic opportunities for the community's youth. Their activities encompass promoting athletics within the FT Recovery School System, ensuring that students have access to a rich and varied athletic experience.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The Fort Recovery Athletic Boosters Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has a low score of 56% overall due to a lack of independent board members, which raises questions about governance and oversight. Additionally, critical financial documentation, such as financial statements and tax forms on their website, are missing, which can hinder transparency.
Despite these limitations, the organization performs well in certain financial metrics, such as a 100% program expense ratio, suggesting that it directs all its resources to its programs. The liabilities to assets ratio is also favorable at 25.56%, indicating it is not overly burdened by debt. However, the absence of essential policies, such as a whistleblower policy and document retention, further highlights areas for improvement in governance and ethical standards.
In summary, while Fort Recovery Athletic Boosters Inc demonstrates a commitment to its programs, the lack of independent oversight and transparency in financial reporting presents significant concerns. Stakeholders might want to seek more information about the organization’s operations and governance practices before engaging further.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Recovery Athletic Boosters Inc legitimate?
Fort Recovery Athletic Boosters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Recovery Athletic Boosters 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
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What is the mission statement of Fort Recovery Athletic Boosters Inc?
The mission of Fort Recovery Athletic Boosters Inc, as stated, is centered around promoting athletics within the Fort Recovery School System. This organization strives to support and bolster athletic events within the school system, contributing in various ways to enhance the athletic experience for its students. It serves as an advocate and catalyst for athletic growth and development within the educational setting.
What is the revenue of Fort Recovery Athletic Boosters Inc?
Fort Recovery Athletic Boosters Inc's revenue in 2024 was $137,547.
Who are the executives of Fort Recovery Athletic Boosters Inc and what are their salaries?
There 50 volunteers at Fort Recovery Athletic Boosters Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Fort Recovery Athletic Boosters Inc?
Fort Recovery Athletic Boosters Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Fort Recovery Athletic Boosters Inc
Fort Recovery Athletic Boosters Inc, as an organization, is dedicated to promoting athletics within the Fort Recovery school system. Their mission is centered around providing support and fostering enthusiasm for sports events within the educational institution. By doing so, they aim to enhance the overall athletic experience for the students and the school community.
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Impact
October, 2024
Fort Recovery Athletic Boosters Inc plays a vital role in enhancing the athletic environment within the Fort Recovery School System. By promoting and supporting various athletic events, the organization fosters a sense of community and school spirit. Their dedicated efforts ensure that student-athletes have the resources they need to excel, from funding for equipment and facilities to organizing events that bring the community together.
The impact of Fort Recovery Athletic Boosters extends beyond sports; it cultivates teamwork, discipline, and leadership skills among students. By engaging families and community members in supporting local athletics, they strengthen the bonds between the school and its surroundings, encouraging a culture of participation and achievement. Overall, the Boosters significantly contribute to the physical and social development of student-athletes, which ultimately enriches the entire Fort Recovery community.
This information is meant to be a general summary of Fort Recovery Athletic Boosters 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 2024.
- Investment Income: $270
- Program Service Revenue: $223,768
- Gross Receipts: $2,008,853
Assets and Liabilities:
- Total Assets: $2,876,562
- Total Liabilities: $735,299
- Net Assets: $2,141,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$223,768
Organization Details
Principal Officer
Jacob Gaerke
NTEE Category
Code: N60Z - Recreation
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