Overview
What is Fc Elite Ltd?
Fc Elite Ltd, based in Appleton, Wisconsin, is a nonprofit organization that is deeply committed to fostering and enhancing the skills of young volleyball players. They achieve this by supporting a network of amateur sports clubs and leagues within their locality. The primary goal of Fc Elite Ltd is to promote and nurture the growth of youth volleyball, ensuring a vibrant community of aspiring athletes.
Official website here: www.fcelite.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Fc Elite Ltd has earned a Three-Star rating from Charity Navigator, indicating a satisfactory level of financial health and accountability. The overall score is derived solely from the Accountability & Finance beacon, highlighting a strong focus on these critical areas. The charity has maintained a robust financial position with a 0.00% liabilities to assets ratio, ensuring that it operates without financial burdens.
Strengths of the organization include a fully independent board, with all members meeting the criteria for independence. Additionally, there are no reported issues with material diversion of assets, which reflects a strong commitment to ethical governance. The organization has also demonstrated transparency by listing its website on the tax form and maintaining accessible board meeting minutes.
However, there are notable limitations in the governance policies, as the charity lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, resulting in a significant deduction in points. This raises questions about the organization's internal controls and risk management practices. Overall, while Fc Elite Ltd has a solid financial rating, addressing these governance gaps could enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Fc Elite Ltd legitimate?
Fc Elite Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fc Elite Ltd 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: $24,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fcelite.org
What is the mission statement of Fc Elite Ltd?
Fc Elite Ltd's mission is centered around promoting and fostering the growth of youth volleyball. They accomplish this by collaborating with various amateur sports clubs and leagues, all operating within the realm of volleyball, in an unspecified location. The organization's primary goal is to nurture and develop young volleyball players, providing them with an engaging and enriching sports environment.
Official website here: www.fcelite.org
Who is the CEO of Fc Elite Ltd?
Brett Damrow is the President of Fc Elite Ltd.
Official website here: www.fcelite.org
What is the revenue of Fc Elite Ltd?
Fc Elite Ltd's revenue in 2022 was $503,999.
Official website here: www.fcelite.org
Who are the executives of Fc Elite Ltd and what are their salaries?
There 10 volunteers at Fc Elite Ltd.
Here are 5 key members and their salaries:
- Compensation: $22,000
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fcelite.org
Where can I find the form 990 for Fc Elite Ltd?
Fc Elite Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fcelite.org
Learn more at the official website: www.fcelite.org
Mission Statement of Fc Elite Ltd
Fc Elite Ltd, as a nonprofit organization, is committed to promoting and fostering the development of youth volleyball. This is accomplished through the establishment and support of various amateur sports clubs and leagues. By doing so, Fc Elite Ltd contributes to the growth and skill development of young volleyball players, all within the realm of amateur sports. The organization's mission is to provide a platform for youth volleyball enthusiasts to learn, compete, and grow together, ultimately contributing to the broader community and the sport itself.
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Impact
July, 2024
Fc Elite Ltd's impact is significant in promoting and developing youth volleyball in Appleton, WI. Through its amateur sports clubs and leagues, it provides opportunities for young individuals to engage in the sport, fostering their physical fitness, teamwork skills, and competitive spirit. By creating a platform for youth volleyball, Fc Elite Ltd not only cultivates a love for the sport but also contributes to the overall well-being and development of the youth in the community.
This information is meant to be a general summary of Fc Elite Ltd. 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.
- Program Service Revenue: $463,143
- Gross Receipts: $503,999
Assets and Liabilities:
- Total Assets: $189,124
- Total Liabilities: $0
- Net Assets: $189,124
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$45,663
MEMBERSHIP FEES
Revenue
$417,480
Organization Details
Founding Year
2000
Principal Officer
Brett Damrow
Main Address
933 E COLLEGE AVE, APPLETON, WI, 54911
Website
www.fcelite.orgNTEE Category
Code: N50 - Recreation
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