Overview
What is Buffalo Regals Edp Fund Inc?
Buffalo Regals Edp Fund Inc is a nonprofit organization situated in Cheektooga, New York, specifically at 3465 Broadway, ZIP code 14227. Their primary mission is to support and promote national or international amateur sports competition, achieving this goal through funding for scientific, educational, and charitable activities. The organization's work has a broader impact, contributing to the growth and development of amateur sports competitions on a national and international scale.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Buffalo Regals Edp Fund Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored particularly well in areas such as having a fully independent board and a low liabilities-to-assets ratio, showcasing strong governance and financial stability. Their program expense ratio is also impressive at 99.17%, suggesting that a significant portion of their expenditures goes directly towards their programs.
However, there are some areas for improvement. The charity is missing key policies, notably a whistleblower policy and a document retention and destruction policy, which are crucial for maintaining transparency and accountability. While these missing policies did not heavily impact their overall score, addressing them could enhance their governance framework and reinforce stakeholder trust.
Overall, the Buffalo Regals Edp Fund Inc demonstrates a strong commitment to financial responsibility and effective governance, yet the absence of certain policies indicates room for growth in their operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Buffalo Regals Edp Fund Inc legitimate?
Buffalo Regals Edp Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo Regals Edp Fund 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
What is the mission statement of Buffalo Regals Edp Fund Inc?
The Buffalo Regals Edp Fund Inc is dedicated to supporting scientific, educational, and charitable activities with the purpose of promoting national or international amateur sports competitions. This non-profit organization is committed to funding initiatives that foster such competitions, contributing to the growth and development of amateur sports on a broader scale. Their activities aim to encourage participation and competition among individuals, promoting a sense of camaraderie and sportsmanship.
What is the revenue of Buffalo Regals Edp Fund Inc?
Buffalo Regals Edp Fund Inc's revenue in 2023 was $217,993.
Who are the executives of Buffalo Regals Edp Fund Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Buffalo Regals Edp Fund Inc?
Buffalo Regals Edp Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Buffalo Regals Edp Fund Inc
Buffalo Regals EDP Fund Inc, a nonprofit organization, is dedicated to funding scientific, educational, and charitable activities with the primary goal of fostering national or international amateur sports competition. Their mission is to contribute financially to initiatives that promote and encourage amateur sports competitions on a national or international level. This commitment extends to both scientific and educational endeavors, indicating a holistic approach to fostering sports development. By funding such activities, Buffalo Regals EDP Fund Inc aims to create opportunities for aspiring athletes and contribute to the growth of sports at a grassroots level.
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Impact
July, 2024
Buffalo Regals Edp Fund Inc's impact is focused on funding scientific, educational, and charitable activities to support national and international amateur sports competitions. This organization plays a key role in fostering sports competition at various levels, contributing to the development of athletes and promoting a healthy and active lifestyle. Their commitment to supporting such activities helps create opportunities for individuals to engage in organized sports and potentially pursue professional pathways in sports.
This information is meant to be a general summary of Buffalo Regals Edp Fund 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 2023.
- Program Service Revenue: $186,838
- Gross Receipts: $222,993
Assets and Liabilities:
- Total Assets: $323,650
- Total Liabilities: $0
- Net Assets: $323,650
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPORTS COMPETITION
Revenue
$186,838
Organization Details
Founding Year
2011
Principal Officer
Michael V Answeeney
NTEE Category
Code: N68 - Recreation
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