Overview
What is Sokol South Omaha?
Sokol South Omaha is a nonprofit organization situated in Omaha, Nebraska, with a focus on providing youth gymnastics activities. The organization also houses a museum, showcasing Czech history artifacts, books, and clothing, which they significantly renovated with an investment of over $216,000 in 2022. Beyond gymnastics events, clinics, and lessons, Sokol South Omaha offers Czech language instruction led by proficient instructors, ensuring a comprehensive cultural experience for its participants.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Sokol South Omaha has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The rating reflects a perfect 100% score for independent board members, showcasing a well-governed organization that operates without conflicts of interest. Their fiscal management is further highlighted by a 0.00% liabilities to assets ratio, demonstrating financial stability.
The organization exhibits a high program expense ratio of 66.65%, suggesting that a significant portion of its resources is directed towards programmatic activities rather than administrative costs. Additionally, Sokol South Omaha has comprehensive policies in place, including conflict of interest and whistleblower policies, which reinforce transparency and ethical governance.
While the overall financial practices are commendable, the program expense ratio could be enhanced to maximize the impact of their initiatives further. However, the absence of any material diversion of assets and the existence of documented board meeting minutes strengthen the organization’s credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Sokol South Omaha legitimate?
Sokol South Omaha is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sokol South Omaha 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: $123,214
For more financial information, click here
What is the mission statement of Sokol South Omaha?
Sokol South Omaha is an organization that is dedicated to providing youth gymnastics activities. Beyond its gymnastic offerings, the organization showcases Czech history through a museum, which features artifacts, books, and clothing. In 2022, the organization invested over $216,000 in re-establishing its museum operations. In addition to gymnastic meets, clinics, and lessons, Sokol South Omaha also offers Czech language instruction with qualified instructors. The organization's mission appears to be rooted in fostering a connection between youth and the Czech culture, while also providing opportunities for physical activity and language learning.
Who is the CEO of Sokol South Omaha?
Same As C Above is the Principal Officer of Sokol South Omaha.
What is the revenue of Sokol South Omaha?
Sokol South Omaha's revenue in 2022 was $490,475.
Who are the executives of Sokol South Omaha and what are their salaries?
The average compensation at Sokol South Omaha during 2022 was $4,563. There are 27 employees at Sokol South Omaha.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Sokol South Omaha?
Sokol South Omaha's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sokol South Omaha
Sokol South Omaha, a nonprofit organization, is dedicated to providing youth gymnastics activities. Beyond gymnastics, the organization also houses a museum filled with Czech history artifacts, books, and clothing. In 2022, Sokol South Omaha invested over $216,000 to revitalize its museum operations. Besides organizing gymnastic meets, clinics, and lessons, the organization extends its offerings to Czech language instruction, led by qualified instructors. This multifaceted approach allows Sokol South Omaha to contribute to the community's cultural and athletic growth.
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Impact
July, 2024
Sokol South Omaha positively impacts the community by providing youth gymnastics activities and preserving Czech history through its museum. Additionally, the organization offers Czech language instruction, gymnastic meets, clinics, and lessons, contributing to the cultural and physical development of youths in Omaha, NE. Sokol South Omaha's dedication to gymnastics and cultural education enriches the lives of individuals and fosters a sense of community pride.
This information is meant to be a general summary of Sokol South Omaha. 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: $92,265
- Program Service Revenue: $395,702
- Gross Receipts: $861,036
Assets and Liabilities:
- Total Assets: $2,206,348
- Total Liabilities: $0
- Net Assets: $2,206,348
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GYM MEETS
Revenue
$308,222
COMPETETION FEES
Revenue
$51,030
OTHER INCOME
Revenue
$34,300
MEMBERSHIP DUES & ASSE
Revenue
$2,150
Organization Details
Founding Year
1920
Phone
(402) 734-5549Principal Officer
Same As C Above
Main Address
3636 SOUTH 144TH STREET, OMAHA, NE, 68144
NTEE Category
Code: N6XZ - Recreation
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