Overview
What is Schaumburg Athletic Association?
The Schaumburg Athletic Association, situated at 217 Civic Drive, Schaumburg, Illinois 60193, is a nonprofit organization dedicated to offering athletic programs for the local community. With approximately 108 youth benefiting from their initiatives, their primary mission is to cater to the athletic needs of Schaumburg residents. The association operates a travel competitive soccer league and educational programs, contributing to the overall development of the young participants. With a workforce of three individuals, the Schaumburg Athletic Association is committed to enriching the lives of its community members through sports.
Official website here: www.ssa-online.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Schaumburg Athletic Association has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization’s overall score is based solely on its Accountability & Finance score, which stands at 96%. This high rating indicates that the nonprofit adheres to rigorous standards in financial management and operational transparency.
The organization demonstrates robust governance practices, highlighted by having 88% of its board members being independent and a substantial board size of 16 members. Furthermore, it scored full marks in crucial areas such as financial oversight, conflict of interest policy, and whistleblower protections, showcasing a comprehensive approach to ethical governance and accountability.
While the organization excels in financial metrics, with a very favorable program expense ratio of 86.80%, it maintains a responsible liabilities to assets ratio of 32.45%. These figures suggest that Schaumburg Athletic Association effectively utilizes its resources to maximize program impact while maintaining a healthy financial posture.
This AI summary has been generated from information found on Charity Navigator.
Is Schaumburg Athletic Association legitimate?
Schaumburg Athletic Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schaumburg Athletic Association 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
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Other Salaries and Wages: $80,771
For more financial information, click here
Official website here: www.ssa-online.org
What is the mission statement of Schaumburg Athletic Association?
The Schaumburg Athletic Association's mission is centered around providing youth athletic programs to the community. More specifically, their goal is to offer competitive soccer leagues and educational programs that benefit a significant number of young individuals. While the exact number of beneficiaries is approximately 108, the association's primary focus remains on providing athletic opportunities to the local youth in an effort to foster their growth and development.
Official website here: www.ssa-online.org
Who is the CEO of Schaumburg Athletic Association?
Jake Wilson is the Vice Preside of Schaumburg Athletic Association.
Official website here: www.ssa-online.org
What is the revenue of Schaumburg Athletic Association?
Schaumburg Athletic Association's revenue in 2022 was $2,070,531.
Official website here: www.ssa-online.org
Who are the executives of Schaumburg Athletic Association and what are their salaries?
The average compensation at Schaumburg Athletic Association during 2022 was $26,924. There are 3 employees at Schaumburg Athletic Association.
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Official website here: www.ssa-online.org
Where can I find the form 990 for Schaumburg Athletic Association?
Schaumburg Athletic Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ssa-online.org
Learn more at the official website: www.ssa-online.org
Mission Statement of Schaumburg Athletic Association
The Schaumburg Athletic Association, in its mission, aims to offer youth athletic programs to the residents of its surrounding area. Its primary objective is to provide a platform for young individuals to engage in sports activities, fostering a sense of camaraderie and promoting physical fitness. This mission is accomplished through the organization's travel competitive soccer league and educational programs, which have benefited approximately 108 youth participants. By offering these programs, the Schaumburg Athletic Association aims to contribute to the overall development and well-being of the local youth community.
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Impact
October, 2024
Schaumburg Athletic Association significantly contributes to the community by providing structured youth athletic programs that promote physical fitness, teamwork, and personal development among young residents. Through its travel competitive soccer league and various educational initiatives, the organization engages approximately 108 youth, enhancing their athletic skills while instilling valuable life lessons in discipline and cooperation. This involvement not only fosters individual growth but also strengthens community bonds, creating a supportive environment for families in the Schaumburg area. The emphasis on recreation cultivates a healthier lifestyle and encourages lifelong participation in sports, positively impacting the overall well-being of the community.
This information is meant to be a general summary of Schaumburg Athletic Association. 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: $1,001
- Program Service Revenue: $1,718,680
- Gross Receipts: $2,131,428
Assets and Liabilities:
- Total Assets: $1,528,833
- Total Liabilities: $496,253
- Net Assets: $1,032,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$1,415,015
TOURNAMENTS
Revenue
$303,665
Organization Details
Founding Year
1962
Phone
(847) 352-7422Principal Officer
Jake Wilson
Main Address
217 CIVIC DRIVE, SCHAUMBURG, IL, 60193
Website
www.ssa-online.orgNTEE Category
Code: N60 - Recreation
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