Overview
What is Wonder Lake Water Ski Show Team Organization Inc?
Wonder Lake Water Ski Show Team Organization Inc is a nonprofit based in Wonder Lake, Illinois, primarily focusing on supporting the activities of its local water ski show team. This team competes in various venues, entertaining audiences with their ski shows. Beyond entertainment, the organization also provides training and education in water skiing and water safety, ensuring the team members' skills and safety are consistently improved. The organization's mission is dedicated to promoting the team's activities, contributing to their success and growth in the water skiing community.
Official website here: www.wonderlakeskiteam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Wonder Lake Water Ski Show Team Organization Inc has received an overall score of 83%, which translates to a Three-Star rating. This score is primarily based on the organization's accountability and finance practices, reflecting a strong commitment to transparency and responsible financial management.
The organization boasts a perfect score for having a majority of independent board members, indicating robust governance. Additionally, it has demonstrated no material diversion of assets and maintains a healthy liabilities to assets ratio of 0.80%, showcasing financial stability. The program expense ratio of 69.84% suggests that a significant portion of its funds is directed towards its mission-related activities.
However, there are notable limitations in their policies, particularly the absence of a conflict of interest policy and a whistleblower policy, which both received zero points. While these deficiencies could raise concerns about internal governance practices, the organization has been proactive in other areas, such as documenting board meeting minutes and ensuring proper document retention.
This AI summary has been generated from information found on Charity Navigator.
Is Wonder Lake Water Ski Show Team Organization Inc legitimate?
Wonder Lake Water Ski Show Team Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wonder Lake Water Ski Show Team Organization 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
For more financial information, click here
Official website here: www.wonderlakeskiteam.org
What is the mission statement of Wonder Lake Water Ski Show Team Organization Inc?
The mission of Wonder Lake Water Ski Show Team Organization Inc, as outlined, is to support the activities of the Wonder Lake Water Ski Show Team. This involves facilitating their participation in various venues and entertaining audiences through their ski shows. Additionally, the organization provides training and education in water skiing and water safety. By doing so, it contributes to the development and growth of the team members, ensuring they can showcase their skills effectively and safely.
Official website here: www.wonderlakeskiteam.org
Who is the CEO of Wonder Lake Water Ski Show Team Organization Inc?
Brea Imse is the President of Wonder Lake Water Ski Show Team Organization Inc.
Official website here: www.wonderlakeskiteam.org
What is the revenue of Wonder Lake Water Ski Show Team Organization Inc?
Wonder Lake Water Ski Show Team Organization Inc's revenue in 2022 was $155,183.
Official website here: www.wonderlakeskiteam.org
Who are the executives of Wonder Lake Water Ski Show Team Organization Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.wonderlakeskiteam.org
Where can I find the form 990 for Wonder Lake Water Ski Show Team Organization Inc?
Wonder Lake Water Ski Show Team Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wonderlakeskiteam.org
Learn more at the official website: www.wonderlakeskiteam.org
Mission Statement of Wonder Lake Water Ski Show Team Organization Inc
Wonder Lake Water Ski Show Team Organization Inc is dedicated to supporting the activities of the Wonder Lake Water Ski Show Team. This nonprofit organization plays a crucial role in promoting and facilitating the team's performances in various venues. The team entertains audiences with their captivating water ski shows, while simultaneously providing training and education in water skiing and water safety. By supporting the team, Wonder Lake Water Ski Show Team Organization Inc contributes to the development of skilled water skiers and promotes water safety awareness. The organization's mission is to ensure the continuity and success of the water ski show team, thereby providing enjoyable and educational experiences for audiences and participants alike.
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Impact
October, 2024
Wonder Lake Water Ski Show Team Organization Inc has a significant impact on the local community and beyond through its dedication to water skiing and entertainment. By supporting the Wonder Lake Water Ski Show Team, they facilitate engaging performances that entertain audiences in various venues. These shows not only showcase talented water skiers but also promote a sense of community pride and enjoyment.
Additionally, the organization emphasizes training and education in water skiing and water safety, addressing important skills for both participants and spectators. By providing resources and expertise, they enhance the overall experience of water skiing, making it safer and more accessible for enthusiasts. Their commitment to developing skills in water sports encourages healthy lifestyles and fosters teamwork among participants, enriching the community culture in Wonder Lake, IL.
This information is meant to be a general summary of Wonder Lake Water Ski Show Team Organization 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: $564
- Gross Receipts: $155,183
Assets and Liabilities:
- Total Assets: $583,667
- Total Liabilities: $5,420
- Net Assets: $578,247
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Organization Details
Founding Year
1964
Principal Officer
Brea Imse
Main Address
PO BOX 518, WONDER LAKE, IL, 60097
Website
www.wonderlakeskiteam.orgNTEE Category
Code: A99 - Arts
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