Overview
What is Lincoln Youth Sports Promotions Inc?
Lincoln Youth Sports Promotions Inc is a nonprofit organization that is dedicated to enriching the lives of youth by offering various development programs and activities. Their primary mission is to engage young individuals through these initiatives, fostering personal growth and development beyond the scope of traditional youth activities. This is accomplished through their diverse range of youth development programs and additional offerings.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Lincoln Youth Sports Promotions Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization has some strengths, there are significant areas needing improvement. The overall score of 73% reflects a good performance in certain accountability metrics, such as having a fully independent board and a favorable liabilities to assets ratio. However, the absence of key governance policies has negatively impacted its overall score.
The organization demonstrates strong financial management, with a program expense ratio of 100%, meaning that all its expenses are directed toward its programs. This is a significant strength, as it indicates a focus on fulfilling its mission rather than administrative costs. However, critical governance practices are lacking, including missing policies on conflict of interest, whistleblower protections, and document retention, which raises concerns about transparency and accountability.
To enhance its standing and effectiveness, Lincoln Youth Sports Promotions Inc should prioritize establishing and publicly posting its governance policies. Addressing these issues will likely improve its rating and reinforce public trust, enabling the nonprofit to continue its mission of supporting youth sports in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Lincoln Youth Sports Promotions Inc legitimate?
Lincoln Youth Sports Promotions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Youth Sports Promotions 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: $12,943
For more financial information, click here
What is the mission statement of Lincoln Youth Sports Promotions Inc?
Lincoln Youth Sports Promotions Inc's mission is centered around offering activities for youth. They accomplish this through their youth development programs and various other initiatives. The organization is committed to providing a platform for young individuals to participate and grow, fostering their personal and social development. By offering a diverse range of activities, Lincoln Youth Sports Promotions aims to empower youth, encouraging their active participation and overall well-being. Their programs not only cater to sports but also encompass other areas of interest, ensuring a holistic approach to youth development.
Who is the CEO of Lincoln Youth Sports Promotions Inc?
Michael Letheby is the Director of Lincoln Youth Sports Promotions Inc.
What is the revenue of Lincoln Youth Sports Promotions Inc?
Lincoln Youth Sports Promotions Inc's revenue in 2022 was $65,254.
Who are the executives of Lincoln Youth Sports Promotions Inc and what are their salaries?
There 15 volunteers at Lincoln Youth Sports Promotions Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Lincoln Youth Sports Promotions Inc?
Lincoln Youth Sports Promotions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lincoln Youth Sports Promotions Inc
Lincoln Youth Sports Promotions Inc is dedicated to offering a variety of activities for youth through their youth development programs and other initiatives. The organization's mission is to provide an engaging environment for young individuals, fostering their growth and development beyond the confines of traditional education. By offering a diverse range of programs, Lincoln Youth Sports Promotions encourages active participation, helping youth to develop essential life skills such as teamwork, leadership, and resilience. The organization's commitment to youth development extends beyond sports, ensuring that every program caters to the unique needs and interests of each participant, thereby contributing to their holistic development.
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Impact
August, 2024
Lincoln Youth Sports Promotions Inc enriches the lives of youth in Lincoln, Nebraska by providing a variety of engaging activities and programs. Through their dedicated efforts, they contribute to the positive development of young individuals, fostering a sense of community, teamwork, and personal growth. Their impact can be seen in the improved well-being and skills of the participants who benefit from their youth development initiatives.
This information is meant to be a general summary of Lincoln Youth Sports Promotions 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: $16,680
- Gross Receipts: $67,705
Assets and Liabilities:
- Total Assets: $299,936
- Total Liabilities: $44,510
- Net Assets: $255,426
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
POOL RECEIPTS
Revenue
$13,720
HUNTING RECEIPTS
Revenue
$2,960
Organization Details
Founding Year
1998
Phone
(402) 437-3725Principal Officer
Michael Letheby
Main Address
2033 WILDERNESS RIDGE DR, LINCOLN, NE, 68512
NTEE Category
Code: O50 - Youth development
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