Overview
What is Lake Grove Newfield Soccer Clu?
Lake Grove Newfield Soccer Club (LGNSC) is a nonprofit organization situated in Ronkonkoma, New York. Its primary purpose, as outlined in the information provided, is to support the activities of the Lake Grove Newfield Soccer Club. The organization's mission is to foster growth and development in children through the sport of soccer, promoting good sportsmanship, fair play, and offering opportunities for participation. The main source of income for LGNSC is player registration fees and related expenses. The club likely offers various soccer-related programs and events for children in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
Lake Grove Newfield Soccer Club has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. While the organization scored well in certain areas, such as having a fully independent board, the overall score reflects significant concerns related to transparency. The absence of essential policies and documentation, including a conflict of interest policy and whistleblower policy, highlights areas where the nonprofit could enhance its governance.
Despite these limitations, the soccer club demonstrates a strong commitment to its mission, as evidenced by an impressive program expense ratio of 98.65%. This suggests that the majority of their funds are directed towards programmatic activities rather than administrative costs. Additionally, the organization has no material diversion of assets, indicating financial stability and integrity in operations.
However, the lack of essential information on their website, such as financial documents and board meeting minutes, is a critical drawback that affects their overall accountability. To foster greater trust and transparency, Lake Grove Newfield Soccer Club should prioritize improving its governance policies and enhancing the availability of information to the public.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Grove Newfield Soccer Clu legitimate?
Lake Grove Newfield Soccer Clu is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Grove Newfield Soccer Clu 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
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What is the mission statement of Lake Grove Newfield Soccer Clu?
The Lake Grove Newfield Soccer Club's mission is centered around supporting and fostering the growth and development of children through the sport of soccer. It emphasizes the importance of good sportsmanship and fair play, providing an opportunity for children to participate in the game. The organization's mission aims to promote these values and encourage personal growth among the participating children.
What is the revenue of Lake Grove Newfield Soccer Clu?
Lake Grove Newfield Soccer Clu's revenue in 2022 was $18,155.
Who are the executives of Lake Grove Newfield Soccer Clu and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Lake Grove Newfield Soccer Clu?
Lake Grove Newfield Soccer Clu's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lake Grove Newfield Soccer Clu
Lake Grove Newfield Soccer Club, or LGNSC, is an organization established with the purpose of supporting the activities of its affiliated soccer club. At its core, LGNSC's mission is to foster and encourage the growth and development of children through the sport of soccer. The club promotes the values of good sportsmanship and fair play, providing an opportunity for young individuals to hone their skills and enjoy the game. By doing so, LGNSC aims to contribute positively to the overall development of its members, instilling in them the importance of teamwork, discipline, and respect for rules and opponents.
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Impact
August, 2024
Lake Grove Newfield Soccer Club's impact is focused on supporting and encouraging the growth and development of children through the sport of soccer. The organization promotes the values of good sportsmanship, fair play, and provides opportunities for children to engage in physical activity and teamwork. By offering a structured program for player registration, LGNSC facilitates a positive environment for children to learn and excel in soccer while fostering important life skills. Through their dedication to youth development and athletic engagement, Lake Grove Newfield Soccer Club positively influences the lives of many children in the Ronkonkoma, NY community.
This information is meant to be a general summary of Lake Grove Newfield Soccer Clu. 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.
- Investment Income: $68
- Program Service Revenue: $18,087
- Gross Receipts: $18,155
Assets and Liabilities:
- Total Assets: $32,908
- Total Liabilities: $0
- Net Assets: $32,908
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
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Revenue
$18,087
Organization Details
Principal Officer
Kim Onek
NTEE Category
Code: N64 - Recreation
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