Overview
What is Lake Ridge High School Athletic Booster Club?
Lake Ridge High School Athletic Booster Club is a nonprofit organization situated in Mansfield, Texas. Their primary mission is to supplement the resources provided by the school district, offering equipment and travel expenses that might otherwise be unavailable. They also produce media guides and athletic programs, and provide scholarships to deserving athletes. Additionally, the club covers coaches' expenses and offers tokens of appreciation following UIL guidelines. Their activities extend beyond financial support, as they also host banquets honoring athletes, an event the school district may not be able to organize.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 71%)
The Lake Ridge High School Athletic Booster Club has received a rating indicating the need for improvement, with an overall score of 71%. The organization demonstrates strong governance with 100% independent board members and a solid program expense ratio of 97.19%, reflecting effective allocation of funds towards its mission. However, the absence of financial statements and several key policies, such as the whistleblower and document retention policies, raises concerns regarding accountability and transparency.
While the club excels in maintaining independent oversight and has no reported issues of material asset diversion, the missing financial documentation and website presence hinder its accountability score. The lack of a listed website on the tax form and unposted tax documents further limit public access to essential information. These factors contribute to the organization’s low score in the financial accountability category.
In summary, the Lake Ridge High School Athletic Booster Club has strengths in governance and financial management but faces significant challenges in transparency and documentation practices. Addressing these limitations could enhance its rating and foster greater trust within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Ridge High School Athletic Booster Club legitimate?
Lake Ridge High School Athletic Booster Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Ridge High School Athletic Booster Club 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Lake Ridge High School Athletic Booster Club?
The Lake Ridge High School Athletic Booster Club's mission is to supplement the school district's abilities by providing essential resources and events for its athletic community. Specifically, they offer equipment, travel expenses, media guides, athletic programs, scholarships, and banquets honoring athletes. Additionally, they cover coaches' expenses and offer thank-you gifts in accordance with UIL guidelines. The club aims to enhance the athletic experience for students beyond what the school district can provide.
Who is the CEO of Lake Ridge High School Athletic Booster Club?
Rance Halfmann is the Danny Jones of Lake Ridge High School Athletic Booster Club.
What is the revenue of Lake Ridge High School Athletic Booster Club?
Lake Ridge High School Athletic Booster Club's revenue in 2023 was $619,329.
Who are the executives of Lake Ridge High School Athletic Booster Club and what are their salaries?
There 200 volunteers at Lake Ridge High School Athletic Booster Club.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Lake Ridge High School Athletic Booster Club?
Lake Ridge High School Athletic Booster Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lake Ridge High School Athletic Booster Club
The Lake Ridge High School Athletic Booster Club is an organization dedicated to supporting the school district in providing essential resources for its athletes. Their mission is to offer equipment, media guides, scholarships, and banquets honoring athletes, which the school district may not be able to provide on its own. This nonprofit organization goes beyond just providing equipment and travel expenses that the school district cannot afford. They also create media guides and athletic programs, grant scholarships to talented athletes, cover coaches' expenses, and offer thank you gifts following UIL guidelines. The Booster Club's efforts are vital in enriching the athletic experience for the students at Lake Ridge High School.
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Impact
July, 2024
The impact of Lake Ridge High School Athletic Booster Club is significant as it provides essential support to the student-athletes at Lake Ridge High School. Through its efforts to provide equipment, media guides, scholarships, and banquets honoring athletes, the Booster Club fills crucial gaps that the school district is unable to fulfill. By facilitating the provision of equipment and travel expenses, offering media guides and athletic programs, granting scholarships to deserving athletes, and covering coaches' expenses following UIL guidelines, the Booster Club plays a vital role in enhancing the overall athletic experience for students. Its dedication to supporting athletic endeavors contributes to the development and success of student-athletes in Mansfield, TX.
This information is meant to be a general summary of Lake Ridge High School Athletic Booster Club. 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: $584,948
- Gross Receipts: $619,329
Assets and Liabilities:
- Total Assets: $145,516
- Total Liabilities: $0
- Net Assets: $145,516
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNDRAISING
Revenue
$163,769
CONCESSIONS
Revenue
$119,137
SPIRITWEAR/CLOTHING SALES
Revenue
$109,929
MEETS/TOURNAMENTS
Revenue
$99,422
PREGAME MEALS
Revenue
$64,452
Organization Details
Founding Year
2012
Phone
(817) 276-5200Principal Officer
Rance Halfmann
Main Address
3700 EAST BROAD ST, MANSFIELD, TX, 76063
NTEE Category
Code: B82 - Education
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