Overview
What is Cedar Stars Academy Usa Corp?
Cedar Stars Academy Usa Corp, located in South Hackensack, New Jersey, is a nonprofit organization dedicated to fostering youth soccer development. Their primary focus is on providing training and competitive opportunities for boys and girls between the ages of 5 and 18. Through education, advanced competition, recreation, and social interaction, they aim to promote the growth of soccer within the state of New Jersey. Their mission includes offering soccer training, organizing matches and competitions, and creating an environment where young players can showcase and enhance their skills.
Official website here: www.cedarstars.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating
Cedar Stars Academy USA Corp has received a low one-star rating from Charity Navigator, reflecting significant concerns regarding its governance and accountability practices. The overall score of 54% indicates a lack of independent board members, which is critical for ensuring unbiased oversight. While the organization has a solid program expense ratio of 86.72%, indicating that a substantial portion of its expenses are directed towards its programs, its high liabilities to assets ratio of 102.29% raises red flags about its financial stability.
The organization also lacks essential policies such as conflict of interest, whistleblower, and document retention, which diminishes its accountability. Although it has successfully posted some required documents like board meeting minutes, it has failed to provide its tax form on its website, further impacting its transparency. These governance shortcomings, combined with the absence of independent oversight, can undermine donor confidence and suggest potential risks in how the organization operates.
In summary, Cedar Stars Academy USA Corp demonstrates commitment to programmatic spending but struggles significantly with financial management and governance policies. The lack of independent board members and critical organizational policies highlights the need for improvement to ensure transparency and accountability moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Cedar Stars Academy Usa Corp legitimate?
Cedar Stars Academy Usa Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Stars Academy Usa Corp 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.cedarstars.com
What is the mission statement of Cedar Stars Academy Usa Corp?
The Cedar Stars Academy Usa Corp is dedicated to promoting soccer among youth aged between five and eighteen. They accomplish this by offering soccer training and education, organizing matches and competitions, and providing a platform for these young athletes to showcase their skills and develop further in the sport. The academy aims to foster a competitive environment while also encouraging social interaction among its members.
Official website here: www.cedarstars.com
Who is the CEO of Cedar Stars Academy Usa Corp?
George Altirs is the President of Cedar Stars Academy Usa Corp.
Official website here: www.cedarstars.com
What is the revenue of Cedar Stars Academy Usa Corp?
Cedar Stars Academy Usa Corp's revenue in 2022 was $2,520,135.
Official website here: www.cedarstars.com
Who are the executives of Cedar Stars Academy Usa Corp and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.cedarstars.com
Where can I find the form 990 for Cedar Stars Academy Usa Corp?
Cedar Stars Academy Usa Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cedarstars.com
Learn more at the official website: www.cedarstars.com
Mission Statement of Cedar Stars Academy Usa Corp
Cedar Stars Academy USA Corp is committed to fostering a passion for soccer among young individuals aged between five and eighteen. The organization achieves this by offering comprehensive soccer training and education, organizing matches and competitions, and providing an excellent platform for these young athletes to showcase their skills and potential for growth in the sport. By doing so, Cedar Stars Academy USA Corp plays a significant role in promoting youth soccer in a meaningful and engaging manner, combining education, competition, recreation, and social interaction.
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Impact
July, 2024
Cedar Stars Academy USA Corp has a significant impact on the youth in New Jersey by promoting soccer games and providing training and education to boys and girls aged between five and eighteen. Through their activities, they offer a great platform for youth to showcase their skills, compete, and develop in soccer. Their mission is to not only educate and train youth in soccer but also to provide opportunities for advanced competition, recreation, and social interaction. Cedar Stars Academy USA Corp plays a crucial role in fostering a love for the sport and nurturing young talent in the state of New Jersey.
This information is meant to be a general summary of Cedar Stars Academy Usa Corp. 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: $2,519,135
- Gross Receipts: $2,520,135
Assets and Liabilities:
- Total Assets: $491,149
- Total Liabilities: $502,435
- Net Assets: -$11,286
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Soccer Program
Revenue
$2,519,135
Organization Details
Founding Year
2015
Phone
(201) 641-2700Principal Officer
George Altirs
Main Address
3 Empire Blvd, South Hackensack, NJ, 07606
Website
www.cedarstars.comNTEE Category
Code: N64 - Recreation
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