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Miami Hype Inc

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

EIN: 473349821 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Miami Hype Inc?

Miami Hype Inc is a forward-thinking, nonprofit organization situated in Miami, Florida. Established with a focus on volleyball, Miami Hype aims to enhance the overall well-being of its players, encompassing their physical, mental, and emotional growth. The organization's dedication extends beyond the sport, as it encourages a sense of community among its members and nurtures leadership qualities through instilling values such as sportsmanship, diligence, and integrity, both on and off the court.


Official website here: www.miamihype.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Star rating.

Miami Hype Inc has received a low rating of 54%, which reflects significant concerns regarding its accountability and financial practices. Despite having a fully independent board and no material diversion of assets, the organization lacks several essential policies, including conflict of interest and whistleblower policies, which are crucial for maintaining transparency and ethical standards.

The charity demonstrates strong program expense ratios, indicating that a high percentage of its funds is directed towards its programs rather than administrative costs. However, the organization's liabilities to assets ratio raises red flags, suggesting potential financial instability that could affect its long-term viability.

Overall, while Miami Hype Inc shows some strengths in governance and program spending, the absence of critical policies and the concerning financial ratios highlight areas in need of improvement for better accountability and transparency.


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

What do the Facebook reviews say about Miami Hype Inc?

Currently, Miami Hype Inc has garnered a small number of reviews, with all three expressing a positive sentiment. All reviewers commend the club and the quality of the coaching staff, indicating a strong appreciation for the training and guidance provided.

The consistent praise suggests that Miami Hype Inc plays a significant role in fostering a positive environment for participants, which is a promising indicator for potential members. Overall, the sentiment leans towards satisfaction, reflecting a solid reputation despite the limited number of reviews.


This AI summary has been generated from reviews found on Facebook.

Is Miami Hype Inc legitimate?

Miami Hype Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miami Hype 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.miamihype.net

What is the mission statement of Miami Hype Inc?

Miami Hype Inc, as an organization, is committed to fostering a sense of community within its club and inspiring leadership among its members. This is achieved by instilling essential values such as sportsmanship, hard work, and integrity, both on and off the court. Miami Hype Volleyball Club, being a nonprofit entity, focuses on enhancing the overall development of its players, including their physical, mental, and emotional growth, through their pursuit of excellence in volleyball. The club's mission is centered around promoting these values and nurturing the leadership abilities of its members.


Official website here: www.miamihype.net

Who is the CEO of Miami Hype Inc?

Emilio D Rodriguez is the President of Miami Hype Inc.


Official website here: www.miamihype.net

What is the revenue of Miami Hype Inc?

Miami Hype Inc's revenue in 2022 was $1,414,924.


Official website here: www.miamihype.net

Who are the executives of Miami Hype Inc and what are their salaries?


Here are 2 key members and their salaries:


Emilio D Rodriguez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica M Rodriguez (Activities Coordinator)
  • Compensation: $30,000
  • Related: $0
  • Other: $0


Official website here: www.miamihype.net

Where can I find the form 990 for Miami Hype Inc?

Miami Hype Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.miamihype.net

Learn more at the official website: www.miamihype.net

Mission Statement of Miami Hype Inc

Miami Hype Inc, a distinguished nonprofit organization, is committed to fostering a strong sense of community within its club and nurturing leadership qualities in all its members. By instilling values such as sportsmanship, hard work, and integrity, both on and off the court, Miami Hype Volleyball Club aims to shape its members into well-rounded individuals. The organization's mission is to advance the overall development of its players, focusing on their physical, mental, and emotional growth through the relentless pursuit of excellence in volleyball.

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Impact




July, 2024

Miami Hype Inc's impact can be seen in the way it fosters a strong sense of community within the club and promotes leadership among its members. By instilling values like sportsmanship, hard work, and integrity both on and off the court, Miami Hype is shaping individuals who not only excel in volleyball but also carry these important qualities into their daily lives. The organization's dedication to the physical, mental, and emotional development of its players through the pursuit of excellence in volleyball is evident in the growth and success of its members. Through its innovative approach and competitive spirit, Miami Hype is making a significant impact in the Miami area and beyond.




This information is meant to be a general summary of Miami Hype 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
$1,414,924 (2022)
Expenses
$1,479,871 (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: $1,414,924
  • Gross Receipts: $1,414,924

Assets and Liabilities:

  • Total Assets: $462,138
  • Total Liabilities: $509,856
  • Net Assets: -$47,718

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Programs

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

MEMBERSHIP DUES

Revenue

$1,414,924

Organization Details

Founding Year

2015

Principal Officer

Emilio D Rodriguez

Main Address

14740 SW 147 CT, MIAMI, FL, 33196

NTEE Category

Code: N60 - Recreation

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