Overview
What is Phoenix Final Four Local Organizing Committee?
The Phoenix Final Four Local Organizing Committee (PLOC) is a nonprofit entity established with the primary mission of overseeing and orchestrating the 2024 NCAA Men's Final Four event. Based in Glendale, Arizona, their main objective is to generate a substantial economic impact in the state through tourism, while ensuring an enjoyable experience for student-athletes, alumni, and visiting fans. To accomplish this, the PLOC assumes the financial responsibility for marketing and operational expenses related to the event.
Official website here: www.phoenixfinalfour.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating. The Phoenix Final Four Local Organizing Committee has received a solid rating largely based on its strong accountability and finance practices. The organization demonstrates a high level of transparency and governance, with a perfect score for having an independent board and effective policies in place regarding conflict of interest and document retention.
The committee's financial metrics also showcase its efficiency, with a very low fundraising efficiency ratio indicating that it allocates resources effectively. The program expense ratio is commendable, which suggests that a significant portion of its budget is directed towards its programs rather than administrative costs. Overall, these scores reflect responsible management and a commitment to the nonprofit sector’s best practices.
However, while the organization has excelled in accountability and finance, the rating indicates that further information about its programmatic impact and overall effectiveness could provide a more comprehensive view of its operations. While financial health is crucial, understanding the actual outcomes of the organization's initiatives would enhance its evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Phoenix Final Four Local Organizing Committee legitimate?
Phoenix Final Four Local Organizing Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phoenix Final Four Local Organizing Committee 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: $1,558,632
For more financial information, click here
Official website here: www.phoenixfinalfour.com
What is the mission statement of Phoenix Final Four Local Organizing Committee?
The Phoenix Final Four Local Organizing Committee's mission is centered around the organization and execution of the 2024 Men's NCAA Final Four. This task is primarily aimed at generating economic impact through tourism and providing positive experiences for student-athletes, alumni, and visiting fans. The committee raises funds to cover the expenses associated with marketing and operating the event.
Official website here: www.phoenixfinalfour.com
Who is the CEO of Phoenix Final Four Local Organizing Committee?
Jay Parry is the CEO of Phoenix Final Four Local Organizing Committee The CEO's salary of Phoenix Final Four Local Organizing Committee is $0 and their total compensation is $0.
Official website here: www.phoenixfinalfour.com
What is the revenue of Phoenix Final Four Local Organizing Committee?
Phoenix Final Four Local Organizing Committee's revenue in 2024 was $8,521,033.
Official website here: www.phoenixfinalfour.com
Who are the executives of Phoenix Final Four Local Organizing Committee and what are their salaries?
Here are 11 key members and their salaries (Phoenix Final Four Local Organizing Committee's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.phoenixfinalfour.com
Where can I find the form 990 for Phoenix Final Four Local Organizing Committee?
Phoenix Final Four Local Organizing Committee's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.phoenixfinalfour.com
Learn more at the official website: www.phoenixfinalfour.com
Mission Statement of Phoenix Final Four Local Organizing Committee
The Phoenix Final Four Local Organizing Committee (PLOC) is dedicated to accomplishing two primary objectives. First and foremost, its mission is to oversee and manage the 2024 NCAA Men's Final Four event, with the ultimate goal of generating economic impact in various sectors through tourism. By hosting this prestigious competition, the PLOC aims to create a positive experience for student-athletes, alumni, and visiting fans.
Secondly, the Phoenix Final Four Local Organizing Committee is responsible for funding and managing the marketing and operational expenses associated with the event. The committee raises the necessary funds to ensure the successful execution of the 2024 NCAA Final Four, ensuring a memorable and enjoyable experience for all involved. By fulfilling these objectives, the PLOC plays a pivotal role in boosting Arizona's economy and contributing to the overall success of the NCAA Men's Final Four tournament.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Phoenix Final Four Local Organizing Committee's impact is significant in generating economic activity in Arizona through tourism and providing positive experiences for student-athletes, alumni, and visiting fans. By successfully staging the 2024 NCAA Men's Final Four, the committee contributes to the local economy by attracting visitors, creating job opportunities, and boosting businesses in the area. Their fundraising efforts support the marketing and operation of the event, ultimately benefiting the community and promoting the spirit of sportsmanship and camaraderie.
This information is meant to be a general summary of Phoenix Final Four Local Organizing Committee. 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 2024.
- Investment Income: $105,464
- Program Service Revenue: $1,726,150
- Gross Receipts: $8,573,373
Assets and Liabilities:
- Total Assets: $923,018
- Total Liabilities: $0
- Net Assets: $923,018
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ticket sales
Revenue
$1,726,150
Organization Details
Founding Year
2014
Principal Officer
Jay Parry
Website
www.phoenixfinalfour.comNTEE Category
Code: N70 - Recreation
If you are a representative of Phoenix Final Four Local Organizing Committee and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.