Overview
What is Hereford Sportsplex Inc?
Hereford Sportsplex Inc, headquartered in Hereford, Texas, operates a multi-sport athletic facility and a fitness center, known as the Caviness Sports Complex and the Weldon Knabe Activities Center respectively. The organization aims to promote physical activity and community spirit, benefiting local residents by enhancing their quality of life, fostering economic development, and increasing property values. The athletic facility serves as a host for various competitive and recreational sports programs, catering to diverse groups such as Boy Scouts, Girl Scouts, Special Olympics, and religious organizations. Additionally, the fitness center offers memberships and day passes for a variety of fitness activities, including group classes, contributing to the overall health and wellness of the community.
Official website here: www.kidsinc.org/hereford
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
Hereford Sportsplex Inc has been rated as needing improvement, reflected in its two-star rating on Charity Navigator. The organization shows a strong performance in accountability and finance, earning a perfect score of 100% in this area. Key strengths include a fully independent board of directors and strong financial ratios, including a high program expense ratio of 90.13%, indicating that the majority of its expenses are directed towards its programs.
However, the organization faces significant limitations regarding transparency and governance. Notably, it lacks key policies such as a whistleblower and document retention policy, which detracts from its overall rating. Additionally, financial statements are not provided, which limits visibility into the organization's financial health and operations. Overall, while the organization demonstrates some strong governance aspects, its lack of transparency and missing policy frameworks are areas needing attention.
This AI summary has been generated from information found on Charity Navigator.
Is Hereford Sportsplex Inc legitimate?
Hereford Sportsplex Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hereford Sportsplex 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: $188,765
For more financial information, click here
Official website here: www.kidsinc.org/hereford
What is the mission statement of Hereford Sportsplex Inc?
Hereford Sportsplex Inc's mission is centered around offering wholesome sports programs, fitness opportunities, and community-building activities. This organization aims to cater to a diverse population, including youth, adults, senior citizens, and families from various cultures and backgrounds. They are committed to engaging working families, single parents, large companies, small businesses, and local organizations in their programs. The goal is to promote community engagement and improve the quality of life for citizens by providing sports and wellness programs that encourage participation and foster a sense of community.
Official website here: www.kidsinc.org/hereford
Who is the CEO of Hereford Sportsplex Inc?
Jimmy Lackey is the Chair of Hereford Sportsplex Inc.
Official website here: www.kidsinc.org/hereford
What is the revenue of Hereford Sportsplex Inc?
Hereford Sportsplex Inc's revenue in 2022 was $554,296.
Official website here: www.kidsinc.org/hereford
Who are the executives of Hereford Sportsplex Inc and what are their salaries?
The average compensation at Hereford Sportsplex Inc during 2022 was $11,104. There are 17 employees and 200 volunteers at Hereford Sportsplex Inc.
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Official website here: www.kidsinc.org/hereford
Where can I find the form 990 for Hereford Sportsplex Inc?
Hereford Sportsplex Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kidsinc.org/hereford
Learn more at the official website: www.kidsinc.org/hereford
Mission Statement of Hereford Sportsplex Inc
Hereford Sports & Wellness, a community-focused organization, is dedicated to providing wholesome sports programs, fitness opportunities, and various community-building activities for citizens across different age groups and backgrounds. The mission of this nonprofit extends to catering to the needs of working families, single parents, large companies, small businesses, and local and regional organizations. By offering its services to youth, adults, senior citizens, and families from diverse cultures, Hereford Sports & Wellness aims to promote community engagement and improve the quality of life for its members. The nonprofit's ultimate goal is to involve community members in sports and wellness programs that foster a sense of unity and overall well-being.
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Impact
July, 2024
Hereford Sportsplex Inc's impact extends far beyond its physical presence in Hereford, Texas. By providing a regional multi-sport athletic facility and a fitness center, this organization plays a crucial role in promoting physical activity, team sports, and community spirit. The Caviness Sports Complex, as the main facility, serves as a hub for competitive and recreational athletic programs for people of all ages, benefiting the entire community.
Notably, Hereford Sportsplex Inc's initiatives contribute to the enhancement of the quality of life for residents, stimulate economic development, increase property values, and boost business and tourist activity in the region. The facility's diverse range of programs cater to various demographics, including students, seniors, youth, and numerous community groups. This inclusivity fosters engagement and wellness among residents from different cultural backgrounds and life situations.
Moreover, through the operation of the Weldon Knabe Activities Center, the organization further supports health and wellness by offering memberships and day passes for individuals of all ages. Access to amenities like the weight room, cardio equipment, whirlpool, and various fitness classes not only encourages physical well-being but also creates a sense of community among members.
In summary, Hereford Sportsplex Inc's commitment to providing wholesome sports programs, fitness opportunities, and community-building activities has a significant positive impact on the citizens of Hereford and the surrounding region. The organization's efforts towards promoting engagement, inclusivity, and health contribute to an improved quality of life for all members of the community.
This information is meant to be a general summary of Hereford Sportsplex 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 2022.
- Program Service Revenue: $365,946
- Gross Receipts: $554,296
Assets and Liabilities:
- Total Assets: $4,354,868
- Total Liabilities: $499,083
- Net Assets: $3,855,785
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLUB MEMBERSHIP FEES
Revenue
$279,640
SPORTS PROGRAMS
Revenue
$83,498
BUILDING RENTAL
Revenue
$2,670
TSHIRT COUNTER SALES
Revenue
$138
Organization Details
Founding Year
2012
Phone
(806) 363-8222Principal Officer
Jimmy Lackey
Main Address
500 E 15TH STREET, HEREFORD, TX, 79045
Website
www.kidsinc.org/herefordNTEE Category
Code: P20 - Human services
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