Overview
What is Potomac Field Hockey Incorporated?
Potomac Field Hockey Incorporated, based in Sterling, Virginia, is a dedicated nonprofit organization with a mission to nurture and promote the sport of field hockey. They achieve this goal by providing travel development opportunities for players through tournaments, showcasing their skills and attracting the attention of college scouts. Their primary objective is to encourage the growth of field hockey within Loudoun County and surrounding areas, catering to both youth and adult players through recreational and competitive play and leagues. With a team of 21 dedicated individuals, Potomac Field Hockey Incorporated is committed to fostering a love for the sport and nurturing the talents of its players.
Official website here: www.potomacfieldhockey.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
Potomac Field Hockey Incorporated has received a two-star rating from Charity Navigator, indicating that there are areas of concern regarding its financial accountability and transparency. While the organization has a solid program expense ratio of 82.42%, reflecting a strong commitment to its mission, it faces criticism for not providing financial statements and lacking key governance policies such as a whistleblower policy and a document retention policy.
The organization demonstrates strong governance with a majority of independent board members, which is a positive aspect. Additionally, it has a good liabilities to assets ratio at 0.53%, suggesting a manageable level of debt. However, the absence of financial transparency and required documents on its website raises red flags for potential donors and stakeholders, highlighting the need for improvements in these areas.
Overall, while Potomac Field Hockey Incorporated shows a commendable focus on its programmatic spending, it must address its gaps in governance policies and financial disclosure to enhance its accountability and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Potomac Field Hockey Incorporated legitimate?
Potomac Field Hockey Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Potomac Field Hockey Incorporated 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: $1,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,223
For more financial information, click here
Official website here: www.potomacfieldhockey.org
What is the mission statement of Potomac Field Hockey Incorporated?
Potomac Field Hockey Incorporated is dedicated to fostering the sport of field hockey among youth and adult players in various regions, primarily focusing on Loudoun County and its surroundings. They achieve this goal through organized recreational and competitive play and leagues. The organization's mission is to promote the growth of field hockey skills among its players, providing them with opportunities to showcase their abilities against other leagues and potentially attract college scouts.
Official website here: www.potomacfieldhockey.org
What is the revenue of Potomac Field Hockey Incorporated?
Potomac Field Hockey Incorporated's revenue in 2023 was $518,358.
Official website here: www.potomacfieldhockey.org
Who are the executives of Potomac Field Hockey Incorporated and what are their salaries?
The average compensation at Potomac Field Hockey Incorporated during 2023 was $7,601. There are 17 employees at Potomac Field Hockey Incorporated.
Here are 5 key members and their salaries:
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $0
- 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.potomacfieldhockey.org
Where can I find the form 990 for Potomac Field Hockey Incorporated?
Potomac Field Hockey Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.potomacfieldhockey.org
Learn more at the official website: www.potomacfieldhockey.org
Mission Statement of Potomac Field Hockey Incorporated
Potomac Field Hockey Incorporated is dedicated to fostering the growth and promotion of field hockey in the local community and surrounding areas. This nonprofit organization aims to cater to both youth and adult players, offering them opportunities for both recreational and competitive play within leagues. Their mission is to nurture and enhance the skills of field hockey players, providing them with a platform to showcase their abilities against other leagues. This exposure not only aids in the development of their skills but also draws the attention of college scouts and other programs, potentially opening doors for their future in the sport.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Potomac Field Hockey Incorporated has a significant impact on the field hockey community in Loudoun County and surrounding areas. By providing opportunities for both youth and adult players to engage in recreational and competitive play, the organization is contributing to the development and growth of the sport in the region. Through programs like the 2022 Travel Tournament Program, Potomac Field Hockey enables players to enhance their skills through intense competition, showcasing their abilities to other programs and college scouts. This commitment to player development and exposure not only benefits individual athletes but also elevates the overall quality of field hockey in the area.
This information is meant to be a general summary of Potomac Field Hockey Incorporated. 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 2023.
- Investment Income: $6,094
- Program Service Revenue: $511,498
- Gross Receipts: $518,358
Assets and Liabilities:
- Total Assets: $465,568
- Total Liabilities: $2,976
- Net Assets: $462,592
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT DUES
Revenue
$511,498
Organization Details
If you are a representative of Potomac Field Hockey Incorporated and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.