Overview
What is Traverse Bay Area Youth Soccer Inc?
Traverse Bay Area Youth Soccer Inc, located in Traverse City, Michigan, is a volunteer-led nonprofit organization dedicated to offering top-notch soccer programs and facilities for youth of all skill levels. The organization coordinates soccer teams, recruits participants, trains coaches and referees, and maintains soccer fields and facilities. With a team of nine employees, Traverse Bay Area Youth Soccer Inc aims to provide an opportunity for local youth to learn, train, and participate in competitive soccer, fostering a sense of community and teamwork.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (48%)
Traverse Bay Area Youth Soccer Inc has received a low rating of 48%, resulting in a zero-star designation. This rating reflects significant concerns regarding the organization's accountability and financial transparency. While the organization benefits from having a fully independent board, crucial financial documentation such as financial statements, a conflict of interest policy, and a whistleblower policy are notably absent.
The organization does demonstrate a favorable liabilities to assets ratio of 32.77%, indicating a manageable level of debt relative to its assets. However, its program expense ratio of 54.91% suggests that a considerable portion of its budget is not directed toward its programs, which could raise questions about its operational efficiency and financial management.
Overall, while Traverse Bay Area Youth Soccer Inc shows strengths in board independence and some financial metrics, the absence of essential policies and documentation limits its overall accountability and transparency. These factors contribute to its low rating on Charity Navigator, signaling a need for improvement in governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Traverse Bay Area Youth Soccer Inc legitimate?
Traverse Bay Area Youth Soccer Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Traverse Bay Area Youth Soccer 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: $138,631
For more financial information, click here
What is the mission statement of Traverse Bay Area Youth Soccer Inc?
Traverse Bay Area Youth Soccer Inc, as a volunteer-driven organization, is committed to offering top-notch soccer programs and facilities for all youth at various skill levels. Their mission is to create an environment where young individuals can learn, train, and engage in competitive soccer matches. The organization takes charge of coordinating teams, recruiting participants, training coaches and referees, and maintaining soccer fields and facilities. The recreational program serves as a platform for area youth to enhance their soccer skills and enjoy the sport.
Who is the CEO of Traverse Bay Area Youth Soccer Inc?
Andrew Wares is the Principal Officer of Traverse Bay Area Youth Soccer Inc.
What is the revenue of Traverse Bay Area Youth Soccer Inc?
Traverse Bay Area Youth Soccer Inc's revenue in 2022 was $802,505.
Who are the executives of Traverse Bay Area Youth Soccer Inc and what are their salaries?
The average compensation at Traverse Bay Area Youth Soccer Inc during 2022 was $15,403. There are 9 employees and 200 volunteers at Traverse Bay Area Youth Soccer Inc.
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Where can I find the form 990 for Traverse Bay Area Youth Soccer Inc?
Traverse Bay Area Youth Soccer Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Traverse Bay Area Youth Soccer Inc
Traverse Bay Area Youth Soccer, often referred to as TBAYS, is a volunteer-driven organization with a mission to offer top-notch soccer programs and facilities for youth at all skill levels. Their primary objective is to create an environment where young individuals can learn, train, and participate in competitive soccer matches. TBAYS takes on the responsibility of coordinating teams, recruiting participants, training coaches and referees, and maintaining soccer fields and facilities. By doing so, they ensure that every child in the area has the opportunity to engage in soccer, regardless of their talent or experience.
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Impact
July, 2024
Traverse Bay Area Youth Soccer Inc, also known as Traverse Bay Area Youth Soccer TBAYS, is making a significant impact on the youth in its community by providing quality soccer programs and facilities for all levels of skill and interest. Through its recreational program, the organization offers the opportunity for area youth to learn, train, and participate in competitive soccer. By coordinating teams, recruiting participants, training coaches and referees, and developing and maintaining soccer fields and facilities, Traverse Bay Area Youth Soccer Inc is shaping the future of young athletes in Traverse City, MI. Their commitment to promoting youth development through sports is commendable and essential for fostering a healthy and active community.
This information is meant to be a general summary of Traverse Bay Area Youth Soccer 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: $9
- Program Service Revenue: $798,937
- Gross Receipts: $802,505
Assets and Liabilities:
- Total Assets: $1,549,097
- Total Liabilities: $515,796
- Net Assets: $1,033,301
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Camp Income
Revenue
$35,359
Field Rental
Revenue
$3,060
Other Program Service
Revenue
$4,759
Registration Income
Revenue
$697,606
Vendor Booths
Revenue
$54,272
Organization Details
Founding Year
1989
Phone
(231) 922-9600Principal Officer
Andrew Wares
Main Address
PO Box 5034, Traverse City, MI, 49696
NTEE Category
Code: N64 - Recreation
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