Overview
What is Sports Catalyst Inc?
Sports Catalyst Inc is a compassionate nonprofit organization situated in Spring, Texas. Established in 2002, it has cultivated a sports network and partnership to extend aid to Ukrainian communities affected by the ongoing conflict and displacement due to the war. Through various initiatives and programs, Sports Catalyst Inc strives to offer hope and healing to those adversely impacted by this crisis. In 2022, the organization successfully rescued 411,000 individuals from war-torn cities, distributed 14,500 water filters, and provided essential household items to 500 families. During the summer, 445 sports camps with trauma healing programs served over 20,000 children and women in Ukraine and nearby European cities. Aside from humanitarian efforts, Sports Catalyst Inc's primary mission is to catalyze and sustain sports movements in urban areas worldwide. Word count: 111 (Note: The organization's main focus is on disaster relief and humanitarian aid in Ukraine, but it also plays a role in fostering sports movements in cities globally.)
Official website here: www.sportscatalyst.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Sports Catalyst Inc holds a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The score reflects a strong emphasis on responsible financial practices, with a notable 94.96% of expenses devoted to programs and a minimal fundraising cost of $0.01 for every dollar raised. Their liabilities to assets ratio stands at an impressive 0.39%, highlighting financial stability.
The organization exhibits transparency and governance best practices, with 66% independent board members and comprehensive policies in place, including conflict of interest and whistleblower protections. All required documents are accessible, and the board has been actively engaged in governance as evidenced by the distribution of tax forms prior to filing and the documentation of board meeting minutes.
While the accountability metrics are commendable, the overall rating suggests there may be room for improvement in other areas not captured by the current scoring model. Nonetheless, Sports Catalyst Inc demonstrates a strong commitment to financial health and operational transparency, making it a reliable choice for supporters interested in nonprofit efforts within the sports sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sports Catalyst Inc legitimate?
Sports Catalyst Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sports Catalyst 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: $299,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,780
For more financial information, click here
Official website here: www.sportscatalyst.org
What is the mission statement of Sports Catalyst Inc?
Sports Catalyst Inc's mission is to stimulate and sustain sports-focused initiatives in cities worldwide. As part of their mission, they leverage their established sports network and partnerships, which started in 2002, to offer aid to communities affected by conflicts and displacement. In response to the crisis in Ukraine, they have provided assistance through various programs and initiatives, aiming to bring hope and healing to those impacted by the war. In 2022, their efforts resulted in the rescue of 411,000 people from war-torn cities, the distribution of 14,500 water filters, and the provision of 500 cooking devices and heating furnaces to families. During the summer, they organized 445 sports camps with trauma healing programs, serving over 20,000 children and women in Ukraine and nearby European cities.
Official website here: www.sportscatalyst.org
Who is the CEO of Sports Catalyst Inc?
Unavailable
Official website here: www.sportscatalyst.org
What is the revenue of Sports Catalyst Inc?
Sports Catalyst Inc's revenue in 2022 was $6,741,393.
Official website here: www.sportscatalyst.org
Who are the executives of Sports Catalyst Inc and what are their salaries?
The average compensation at Sports Catalyst Inc during 2022 was $110,864. There are 3 employees and 3000 volunteers at Sports Catalyst Inc.
Here are 6 key members and their salaries:
- Compensation: $162,625
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $137,187
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sportscatalyst.org
Where can I find the form 990 for Sports Catalyst Inc?
Sports Catalyst Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sportscatalyst.org
Learn more at the official website: www.sportscatalyst.org
Mission Statement of Sports Catalyst Inc
Sports Catalyst Inc, a notable organization, is committed to catalyzing and sustaining sports movements in cities worldwide. This mission is geared towards bringing about positive change and fostering unity in various urban communities. Beyond its global reach, Sports Catalyst Inc has shown its dedication to humanitarian efforts, particularly in Ukraine.
During the ongoing conflict and displacement in Ukraine, Sports Catalyst Inc has utilized its existing sport network and partnerships, established in 2002. Their primary goal is to offer assistance to communities affected by the crisis, providing hope and healing through various programs and initiatives. In 2022, the organization showcased its impact by rescuing 411,000 people from war-torn cities, distributing 14,500 water filters, and providing 500 cooking devices and heating furnaces to families in need. Furthermore, Sports Catalyst Inc organized 445 sports camps during the summer, featuring trauma healing programs, which served over 20,000 children and women in Ukraine and neighboring European cities. This humanitarian work is a testament to Sports Catalyst Inc's commitment to making a difference in the lives of those in crisis, demonstrating its mission to catalyze and maintain sports movements with a compassionate and impactful approach.
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Impact
October, 2024
Sports Catalyst Inc significantly impacts communities globally by catalyzing and sustaining sports movements, particularly in regions facing adversity. In response to the ongoing conflict in Ukraine, the organization has effectively utilized its established sports network to provide crucial assistance to affected communities. Since 2002, it has facilitated the rescue of over 411,000 individuals from war-torn areas, leveraging a fleet of 500 volunteer-driven vehicles.
Additionally, the organization has distributed essential resources such as 14,500 water filters, 500 cooking devices, and heating furnaces to families in need. Recognizing the psychological toll of the conflict, Sports Catalyst Inc has also implemented trauma healing programs through 445 sports camps, serving over 20,000 children and women in Ukraine and surrounding European cities. This comprehensive approach not only offers immediate relief and resources but also fosters hope and healing through the power of sports, making a lasting impact on communities in crisis.
This information is meant to be a general summary of Sports Catalyst 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: $610
- Gross Receipts: $6,741,393
Assets and Liabilities:
- Total Assets: $4,163,986
- Total Liabilities: $16,565
- Net Assets: $4,147,421
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Organization Details
Founding Year
2018
Phone
(281) 206-4122Main Address
PO Box 130715, Spring, TX, 77393
Website
www.sportscatalyst.orgNTEE Category
Code: N40 - Recreation
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