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Penn Athletics Club Bucks County Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472525854 ✦ Doylestown, PA ✦ Designated as a 501(c)(3)

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Overview

What is Penn Athletics Club Bucks County Inc?

Penn Athletics Club Bucks County Inc is a nonprofit organization that focuses on education and sports training. Their mission is to provide comprehensive programs that encompass all necessary expenses related to sports, as well as maintaining and repairing sports fields. By offering these services, they aim to foster a supportive environment for individuals interested in sports. The organization is dedicated to empowering individuals through sports, ensuring an enriching experience for all involved.


Official website here: www.pennathleticsclub.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (58%)

The Penn Athletics Club Bucks County Inc received a One-Star rating from Charity Navigator, reflecting a score of 58%. This rating indicates significant concerns in accountability and financial practices. While the organization excels in areas such as board independence and program expenses, which received perfect scores, it faces challenges in maintaining a balanced financial position, evidenced by a liabilities to assets ratio of 145.60%, indicating excessive liabilities relative to its assets.

Strengths of the organization include a fully independent board and adherence to policies such as conflict of interest and documentation of meeting minutes. These aspects suggest a commitment to transparency and governance. However, the absence of essential policies, such as a whistleblower policy and document retention guidelines, raises questions about the organization's operational integrity and its ability to manage risks effectively.

Overall, while the Penn Athletics Club demonstrates strengths in specific governance areas, the financial instability and missing policy frameworks present notable limitations. Stakeholders should consider these factors when assessing the organization's effectiveness and long-term viability.


This AI summary has been generated from information found on Charity Navigator.

Is Penn Athletics Club Bucks County Inc legitimate?

Penn Athletics Club Bucks County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penn Athletics Club Bucks County 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: $0

For more financial information, click here


Official website here: www.pennathleticsclub.org

What is the mission statement of Penn Athletics Club Bucks County Inc?

Penn Athletics Club Bucks County Inc's mission is centered around education and sports training. The organization aims to provide comprehensive programs in sports, overseeing all associated expenses and ensuring the upkeep of sports fields through repair and maintenance. In essence, Penn Athletics Club Bucks County Inc aims to educate and develop individuals in sports, offering a holistic approach to sports participation and management.


Official website here: www.pennathleticsclub.org

Who is the CEO of Penn Athletics Club Bucks County Inc?

Michael Gilligan is the President of Penn Athletics Club Bucks County Inc.


Official website here: www.pennathleticsclub.org

What is the revenue of Penn Athletics Club Bucks County Inc?

Penn Athletics Club Bucks County Inc's revenue in 2022 was $890,108.


Official website here: www.pennathleticsclub.org

Who are the executives of Penn Athletics Club Bucks County Inc and what are their salaries?


Here are 2 key members and their salaries:


Michael Gilligan (President)
  • Compensation: $36,000
  • Related: $0
  • Other: $0
Joseph Mcilhinney (Secretary)
  • Compensation: $36,000
  • Related: $0
  • Other: $0


Official website here: www.pennathleticsclub.org

Where can I find the form 990 for Penn Athletics Club Bucks County Inc?

Penn Athletics Club Bucks County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pennathleticsclub.org

Learn more at the official website: www.pennathleticsclub.org

Mission Statement of Penn Athletics Club Bucks County Inc

Penn Athletics Club Bucks County, as a nonprofit organization, is committed to educating and training individuals in sports. Its mission involves providing comprehensive programs that cater to all related expenses, including maintenance and repair of sports fields. The club's primary goal is to foster a conducive environment for sports learning and development, ensuring that all necessary resources are available. By offering these programs, Penn Athletics Club Bucks County aims to contribute to the overall growth and development of its participants, promoting physical fitness and team spirit.

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Impact




July, 2024

Penn Athletics Club Bucks County Inc positively impacts the community by providing education and sports training programs that cover all related expenses. Additionally, the organization is involved in the maintenance and repair of sports fields, ensuring that athletes have access to quality facilities for their development. The club's dedication to promoting sports and providing opportunities for youth to learn and grow in a supportive environment contributes to the overall well-being of the community.




This information is meant to be a general summary of Penn Athletics Club Bucks County 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.

Revenue
$890,108 (2022)
Expenses
$914,153 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $883,166
  • Gross Receipts: $890,108

Assets and Liabilities:

  • Total Assets: $180,575
  • Total Liabilities: $262,925
  • Net Assets: -$82,350

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program fees

Revenue

$883,166

Organization Details

Founding Year

2015

Principal Officer

Michael Gilligan

Main Address

4387 W Swamp Road 239, Doylestown, PA, 18901

NTEE Category

Code: N60 - Recreation

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