Overview
What is Motiv8 Foundation Inc?
Motiv8 Foundation Inc is a nonprofit organization based in Independence, Ohio, with a focus on promoting and supporting the mental and physical wellbeing of youth. Established with the intention of utilizing the positive influence of sports, Motiv8 Foundation Inc funds other nonprofit organizations, as per IRC Section 501(C)(3), across Hawaii, Nevada, Oregon, and Tennessee. The organization's mission is to harness the inspiring power of sports to foster a healthy mind and body among youth in these states. The Foundation operates with a clear vision to make a positive impact on the lives of young people through sports. Its primary activities involve providing grants to eligible nonprofit organizations, enabling them to deliver programs and initiatives that encourage a healthy lifestyle and personal growth among the youth in the specified regions. Through these efforts, Motiv8 Foundation Inc aims to contribute to the overall development of the future generations, enriching their lives with the benefits of sports and a healthy mindset.
Official website here: www.motiv8foundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star
Motiv8 Foundation Inc has received a rating of 57%, corresponding to a One-Star out of Four Stars designation. This rating reflects concerns regarding the charity's accountability and financial practices. While the organization boasts a fully independent board with no material diversion of assets and transparency through a listed website on its tax form, other crucial policies are notably absent.
The charity’s strengths include a solid Liabilities to Assets Ratio of 1.77% and a respectable program expense ratio of 62.66%, indicating that a majority of its resources are directed towards its programs. However, the lack of essential governance policies, such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, raises questions about its operational transparency and accountability.
Overall, while Motiv8 Foundation Inc shows promise in certain financial aspects, significant governance shortcomings could hinder its effectiveness and reliability as a nonprofit organization. Prospective donors may want to consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Motiv8 Foundation Inc?
Although Motiv8 Foundation Inc has not received an overall rating yet due to just three reviews, one comment shines a positive light on the organization. A reviewer expressed a strong recommendation, stating, "Marcus is the Best!" This indicates that at least one individual has had a very favorable experience, suggesting that the foundation may have a valuable impact through its services or outreach.
The limited reviews may reflect a need for increased visibility or engagement within the community. However, the enthusiastic mention of a key individual associated with the organization hints at positive interpersonal experiences, which could be significant for prospective supporters or participants.
Overall, while the quantity of reviews is minimal, there is an optimistic sentiment tied to the foundation's representatives, signaling a potential for growth and further positive engagement in the future.
This AI summary has been generated from reviews found on Facebook.
Is Motiv8 Foundation Inc legitimate?
Motiv8 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Motiv8 Foundation 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.motiv8foundation.com
What is the mission statement of Motiv8 Foundation Inc?
The Motiv8 Foundation Inc's mission is centered around leveraging the positive influence of sports to foster a healthy mind and body among youth residing in Hawaii, Nevada, Oregon, and Tennessee. The organization aims to achieve this objective by providing grants to other non-profit organizations, as per IRC Section 501(C)(3), that share a similar focus on promoting and supporting the overall well-being of young individuals through sports.
Official website here: www.motiv8foundation.com
Who is the CEO of Motiv8 Foundation Inc?
Marcus Mariota is the President/Trustee of Motiv8 Foundation Inc.
Official website here: www.motiv8foundation.com
What is the revenue of Motiv8 Foundation Inc?
Motiv8 Foundation Inc's revenue in 2022 was $555,399.
Official website here: www.motiv8foundation.com
Who are the executives of Motiv8 Foundation Inc and what are their salaries?
There 100 volunteers at Motiv8 Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.motiv8foundation.com
Where can I find the form 990 for Motiv8 Foundation Inc?
Motiv8 Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.motiv8foundation.com
Learn more at the official website: www.motiv8foundation.com
Mission Statement of Motiv8 Foundation Inc
Motiv8 Foundation Inc is a nonprofit organization that harnesses the positive influence of sports to foster and encourage a healthy mind and body among youth in Hawaii, Nevada, Oregon, and Tennessee. Their primary mission is to support and promote this holistic well-being through various initiatives and collaborations with other 501(c)(3) organizations within their scope. By leveraging the allure and educational potential of sports, Motiv8 Foundation Inc strives to empower young individuals, helping them develop mentally and physically, ultimately contributing to their overall well-being.
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Impact
July, 2024
Motiv8 Foundation Inc uses the positive power of sports to promote and support a healthy mind and body among youth in Hawaii, Nevada, Oregon, and Tennessee. Their impact is evident in the grants they provide to organizations promoting and supporting youth health and well-being. Through their mission, they are actively working towards building a healthier and more resilient youth community in multiple states.
This information is meant to be a general summary of Motiv8 Foundation 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.
- Investment Income: $17,988
- Gross Receipts: $669,158
Assets and Liabilities:
- Total Assets: $905,614
- Total Liabilities: $0
- Net Assets: $905,614
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Organization Details
Founding Year
2015
Phone
(216) 920-4816Principal Officer
Marcus Mariota
Main Address
6050 OAK TREE BLVD STE 500, INDEPENDENCE, OH, 44131
Website
www.motiv8foundation.comNTEE Category
Code: P20 - Human services
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