Overview
What is Wellington Volleyball Academy Inc?
Wellington Volleyball Academy Inc, situated in Wellington, Florida, is a nonprofit organization committed to fostering the volleyball skills of boys and girls within the age range of 5 to 18. Through engaging in competitive volleyball activities, the academy aims to instill values such as teamwork, individual responsibility, and good sportsmanship. The academy's mission is to provide a conducive environment for personal growth and skill development, ensuring that every participant derives positive experiences from the sport.
Official website here: www.wellingtonvolleyballacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (52%)
Wellington Volleyball Academy Inc has received a One-Star rating from Charity Navigator, reflecting its significant challenges in accountability and financial transparency. With an overall score of 52%, the organization lacks independent board members and has not provided crucial financial statements or documentation, which raises concerns about governance practices.
Despite these shortcomings, the organization demonstrates a strong program expense ratio of 72.95%, indicating that a large portion of its expenditures is directed towards its programs. Additionally, it has a low liabilities to assets ratio of 9.94%, suggesting a stable financial condition in terms of debt management. However, the absence of essential policies like conflict of interest and whistleblower protections points to a need for improved governance structures.
Overall, while Wellington Volleyball Academy Inc is effectively allocating funds towards its mission, the lack of transparency and adherence to best practices in nonprofit governance could affect trust and support from donors and stakeholders. Addressing these issues would be crucial for enhancing its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Wellington Volleyball Academy Inc legitimate?
Wellington Volleyball Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellington Volleyball Academy 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: $274,139
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wellingtonvolleyballacademy.com
What is the mission statement of Wellington Volleyball Academy Inc?
The Wellington Volleyball Academy Inc. was established with a mission to enhance the volleyball skills of young boys and girls within the age range of 5 to 18. This organization seeks to promote essential values such as teamwork, individual responsibility, and good sportsmanship among its participants. These values are fostered through their involvement in competitive volleyball activities. The academy's primary goal is to provide an environment that encourages personal growth and development, shaping well-rounded individuals who embody the spirit of sportsmanship.
Official website here: www.wellingtonvolleyballacademy.com
What is the revenue of Wellington Volleyball Academy Inc?
Wellington Volleyball Academy Inc's revenue in 2023 was $1,192,059.
Official website here: www.wellingtonvolleyballacademy.com
Who are the executives of Wellington Volleyball Academy Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $135,179
- Related: $0
- Other: $0
- Compensation: $128,000
- Related: $0
- Other: $0
- Compensation: $5,640
- Related: $0
- Other: $0
- Compensation: $5,320
- Related: $0
- Other: $0
Official website here: www.wellingtonvolleyballacademy.com
Where can I find the form 990 for Wellington Volleyball Academy Inc?
Wellington Volleyball Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wellingtonvolleyballacademy.com
Learn more at the official website: www.wellingtonvolleyballacademy.com
Mission Statement of Wellington Volleyball Academy Inc
Wellington Volleyball Academy, a renowned organization, was established with a mission to empower young boys and girls, aged between 5 and 18. Its primary objective is to enhance their volleyball skills through competitive activities. Beyond just improving their volleyball abilities, the academy aims to instill valuable life principles such as teamwork, individual responsibility, and good sportsmanship. By engaging in these competitive activities, the children not only develop their volleyball skills but also learn the importance of working together, taking responsibility for their actions, and upholding fair play.
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Impact
July, 2024
Wellington Volleyball Academy Inc's impact can be seen through its dedication to providing opportunities for boys and girls aged 5 to 18 to enhance their volleyball skills. By promoting the principles of teamwork, individual responsibility, and good sportsmanship through participation in competitive volleyball activities, the academy is shaping the next generation of athletes. Through their mission, they are not only fostering athletic abilities but also instilling important values that will benefit the participants both on and off the volleyball court.
This information is meant to be a general summary of Wellington Volleyball Academy 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 2023.
- Gross Receipts: $1,192,059
Assets and Liabilities:
- Total Assets: $223,505
- Total Liabilities: $34,524
- Net Assets: $188,981
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales of Product
Organization Details
Founding Year
2015
Principal Officer
Nestor Garrido
NTEE Category
Code: N60 - Recreation
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