Overview
What is Tommy Labella Skys The Limit Founda?
Tommy Labella's Skys the Limit Foundation is a nonprofit organization situated in New Rochelle, New York. The primary objective of the foundation is to empower less fortunate children by allowing them to participate in local sports programs. By providing this opportunity, the foundation aims to foster their personal growth and development. The foundation's operations are based at 239 Stuart Dr, New Rochelle, NY 10804.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating
Tommy Labella Skys The Limit Foundation has received a commendable 87% rating from Charity Navigator, reflecting a solid performance in the area of accountability and finance. The rating is based entirely on this single beacon score, highlighting the charity's focus on maintaining strong financial practices and governance.
The foundation showcases impressive strengths, particularly with its board composition, which comprises 100% independent members. This ensures that the decision-making processes are free from conflicts of interest. Additionally, the foundation has no reported material diversion of assets, indicating a high level of integrity in financial management. The organization also meets key accountability measures, such as documenting board meeting minutes and having a conflict of interest policy in place.
However, while the organization demonstrates strong accountability and financial practices, the rating emphasizes these specific areas without providing insight into programmatic effectiveness or community impact. Potential supporters might want to seek additional information on how these financial practices translate into the foundation's mission and programs. Overall, the positive rating indicates a trustworthy organization in terms of financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Tommy Labella Skys The Limit Founda legitimate?
Tommy Labella Skys The Limit Founda is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tommy Labella Skys The Limit Founda 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 Tommy Labella Skys The Limit Founda?
The Tommy Labella Skys The Limit Foundation's mission is centered around enabling less fortunate children to participate in local sports programs. By doing so, the foundation aims to provide these children with opportunities that they may otherwise not have had, promoting physical activity and social engagement. This initiative is a testament to the foundation's commitment to fostering a sense of inclusivity and equality in the realm of sports. It is through these programs that the foundation seeks to positively impact the lives of children, offering them a platform to grow, learn, and thrive.
Who is the CEO of Tommy Labella Skys The Limit Founda?
Thomas Labella Exec Direc is the Officer of Tommy Labella Skys The Limit Founda.
What is the revenue of Tommy Labella Skys The Limit Founda?
Tommy Labella Skys The Limit Founda's revenue in 2022 was $5,634.
Who are the executives of Tommy Labella Skys The Limit Founda and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tommy Labella Skys The Limit Founda?
Tommy Labella Skys The Limit Founda's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tommy Labella Skys The Limit Founda
Tommy Labella's Sky's the Limit Foundation is committed to a noble mission. This nonprofit organization strives to empower less fortunate children by granting them access to local sports programs. By doing so, it aims to enrich their lives and provide them with opportunities that may otherwise be out of reach. This mission is a testament to Tommy Labella's Sky's the Limit Foundation's dedication to fostering the growth and development of children, promoting equality, and ensuring that every child has the chance to participate in sports, a crucial aspect of childhood experiences. The foundation's mission is to break down barriers and create equal opportunities, thereby enabling children to benefit from the positive influences of sports.
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Impact
August, 2024
The impact of Tommy Labella Skys The Limit Foundation is in enabling lesser advantaged children to participate in local sports programs. Through this initiative, children who may not have had the opportunity otherwise are given access to sports activities that promote physical fitness, teamwork, discipline, and other valuable life skills. By supporting the participation of these children in sports, the foundation is helping to level the playing field and provide them with opportunities for personal growth and development.
This information is meant to be a general summary of Tommy Labella Skys The Limit Founda. 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.
- Gross Receipts: $5,634
Assets and Liabilities:
- Total Assets: $16,697
- Total Liabilities: $7,900
- Net Assets: $8,797
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Organization Details
Founding Year
2012
Principal Officer
Thomas Labella Exec Direc
Main Address
239 STUART DR, New Rochelle, NY, 10804
NTEE Category
Code: O50 - Youth development
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