Overview
What is Lake Zurich Baseball & Softball Assoc?
Lake Zurich Baseball & Softball Assoc is a nonprofit organization situated in Lake Zurich, Illinois. With a team of 20 dedicated individuals, their primary mission is to offer organized competitive and non-competitive baseball and softball leagues for approximately 800 boys and girls aged between 5 and 18, residing in Lake Zurich and its surrounding communities. Their main objective is to promote team play in both baseball and softball, encouraging good sportsmanship and fostering exemplary citizenship among their participants. The association strives to provide an inclusive and engaging environment for young athletes, nurturing their skills and values.
Official website here: www.lzbsa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating
Lake Zurich Baseball & Softball Association has achieved an 84% rating, earning a Three-Star distinction primarily based on its Accountability & Finance metrics. This score reflects a strong commitment to transparency and responsible financial management, which is essential for nonprofits aiming to build trust within their communities.
The organization boasts a fully independent board, with all members contributing positively to governance. Their financial oversight is also robust, demonstrated by a full score in audit and oversight measures, indicating a solid infrastructure for financial accountability. The program expense ratio is impressive at 87.31%, suggesting that a significant portion of resources is directed towards its core mission.
However, the organization has noted some areas for improvement, particularly regarding the absence of a conflict of interest policy and a whistleblower policy. These missing elements could impact the overall governance and risk management of the nonprofit, highlighting the need for further development in its operational policies.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Zurich Baseball & Softball Assoc legitimate?
Lake Zurich Baseball & Softball Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Zurich Baseball & Softball Assoc 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: $34,442
For more financial information, click here
Official website here: www.lzbsa.org
What is the mission statement of Lake Zurich Baseball & Softball Assoc?
The Lake Zurich Baseball & Softball Association's mission is to facilitate and encourage organized team play in both baseball and softball for boys and girls. They emphasize the importance of good sportsmanship and strive to foster exemplary citizenship among their participants. The association aims to provide competitive and non-competitive leagues for over 800 children ranging from ages 5 to 18, fostering a positive and inclusive environment for all involved.
Official website here: www.lzbsa.org
Who is the CEO of Lake Zurich Baseball & Softball Assoc?
Philip Coughlin is the Commissioner of Lake Zurich Baseball & Softball Assoc.
Official website here: www.lzbsa.org
What is the revenue of Lake Zurich Baseball & Softball Assoc?
Lake Zurich Baseball & Softball Assoc's revenue in 2022 was $567,379.
Official website here: www.lzbsa.org
Who are the executives of Lake Zurich Baseball & Softball Assoc and what are their salaries?
The average compensation at Lake Zurich Baseball & Softball Assoc during 2022 was $1,722. There are 20 employees and 150 volunteers at Lake Zurich Baseball & Softball Assoc.
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Official website here: www.lzbsa.org
Where can I find the form 990 for Lake Zurich Baseball & Softball Assoc?
Lake Zurich Baseball & Softball Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lzbsa.org
Learn more at the official website: www.lzbsa.org
Mission Statement of Lake Zurich Baseball & Softball Assoc
Lake Zurich Baseball & Softball Associates, in its mission, aims to facilitate and encourage organized team play in both baseball and softball for boys and girls. This nonprofit organization places a significant emphasis on instilling good sportsmanship and fostering exemplary citizenship among its participants. By providing competitive and non-competitive leagues, it caters to over 800 young individuals aged 5 to 18, residing in Lake Zurich, Illinois, and its surrounding communities. The ultimate goal of Lake Zurich Baseball & Softball Associates is to nurture these young athletes, not just in their sporting skills, but also in their personal development, instilling in them the values of fairness, teamwork, and responsible citizenship.
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Impact
July, 2024
Lake Zurich Baseball & Softball Assoc has a significant impact on the youth in Lake Zurich, Illinois, and its surrounding communities by providing organized competitive and noncompetitive baseball and softball leagues for over 800 boys and girls ages 5 through 18. Through these activities, the organization emphasizes good sportsmanship and fosters exemplary citizenship among its participants. This initiative not only promotes physical activity and skill development but also instills important values that will benefit the youth both on and off the field.
This information is meant to be a general summary of Lake Zurich Baseball & Softball Assoc. 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: $950
- Program Service Revenue: $497,180
- Gross Receipts: $567,379
Assets and Liabilities:
- Total Assets: $330,026
- Total Liabilities: $143,116
- Net Assets: $186,910
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$392,152
TOURNAMENT FEES & UNIF
Revenue
$105,028
Organization Details
Founding Year
1999
Phone
(999) 999-9999Principal Officer
Philip Coughlin
Main Address
PO BOX 411, LAKE ZURICH, IL, 60047
Website
www.lzbsa.orgNTEE Category
Code: N63 - Recreation
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