Overview
What is Srq Bmx Inc?
Srq Bmx Inc, based in Sarasota, Florida, is a nonprofit organization that champions bicycle motocross (BMX) activities for children in the local area. They are committed to fostering good sportsmanship, respect, and proper bicycle safety, with a particular focus on supporting individuals with special needs and disabilities in the sport. Their mission includes offering BMX racing and promotions, encouraging family participation, and promoting the BMX culture. They provide recreational opportunities for all, aiming to enhance the overall experience and enjoyment of the sport.
Official website here: www.sarasotabmx.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Star rating, Overall Score: 68%
Srq Bmx Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. The organization shows strong governance with an independent board and no material diversion of assets. However, its score is significantly impacted by missing key policies and documents, such as a whistleblower policy and document retention policy, which are crucial for transparency and accountability.
Despite its challenges in governance, Srq Bmx Inc demonstrates a commendable program expense ratio of 99.19%, suggesting that almost all of its expenses are directed towards its programs. This indicates a strong commitment to fulfilling its mission. However, the high liabilities to assets ratio of 119.30% raises concerns about the organization's financial health and sustainability.
To enhance its rating and operational effectiveness, Srq Bmx Inc should address the identified gaps in its governance policies and ensure all relevant documents are accessible on its website. Improving these areas will contribute to better stakeholder confidence and overall organizational integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Srq Bmx Inc?
96% of 274 reviewers on Facebook recommend Srq Bmx Inc. Here is a summary of their reviews: The overall sentiment is overwhelmingly positive, with many praising the welcoming atmosphere created by the staff and the emphasis on safety and fun.
Parents particularly appreciate the inclusive environment, highlighting that both their children and they themselves enjoy the experience offered at the nonprofit. The commitment to creating a safe and enjoyable space for riders is frequently mentioned, reinforcing the organization's dedication to the community and its values.
In summary, Srq Bmx Inc. excels in providing a friendly and secure environment for BMX enthusiasts, making it a highly recommended choice for families seeking recreational activities.
This AI summary has been generated from reviews found on Facebook.
Is Srq Bmx Inc legitimate?
Srq Bmx Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Srq Bmx 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.sarasotabmx.com
What is the mission statement of Srq Bmx Inc?
Srq Bmx Inc's mission is centered around promoting the sport of bicycle motocross (BMX). This includes fostering good sportsmanship and respect, emphasizing proper bicycle safety, and supporting individuals with special needs and disabilities in participating in BMX. The organization also offers BMX racing and promotions, and encourages family participation in the sport. Additionally, Srq Bmx Inc provides recreational BMX opportunities for children in their area, including those with disabilities.
Official website here: www.sarasotabmx.com
Who is the CEO of Srq Bmx Inc?
Jon Doty is the President of Srq Bmx Inc.
Official website here: www.sarasotabmx.com
What is the revenue of Srq Bmx Inc?
Srq Bmx Inc's revenue in 2022 was $58,536.
Official website here: www.sarasotabmx.com
Who are the executives of Srq Bmx Inc and what are their salaries?
There 12 volunteers at Srq Bmx Inc.
Here are 4 key members and their salaries:
- 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.sarasotabmx.com
Where can I find the form 990 for Srq Bmx Inc?
Srq Bmx Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sarasotabmx.com
Learn more at the official website: www.sarasotabmx.com
Mission Statement of Srq Bmx Inc
SRQ BMX Inc, as a nonprofit organization, is dedicated to promoting the sport of bicycle motocross (BMX). This encompasses fostering good sportsmanship, respect, and proper bicycle safety. Moreover, SRQ BMX Inc is committed to supporting individuals with special needs and disabilities in participating in BMX racing. The organization also offers BMX racing promotions and encourages family participation in the sport of BMX racing.
In essence, SRQ BMX Inc strives to provide recreational opportunities in BMX for all children, including those with disabilities, within its sphere of influence. By doing so, the organization aims to promote the sport, instill positive values, and facilitate inclusive participation in BMX racing.
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Impact
August, 2024
Srq Bmx Inc's impact is evident in its dedicated efforts to promote the sport of bicycle motocross (BMX) in Sarasota, FL. By emphasizing good sportsmanship, respect, and proper bicycle safety, the organization fosters a positive and inclusive environment for all participants, including individuals with special needs and disabilities. Srq Bmx Inc provides opportunities for children in the area to engage in recreational BMX activities, thereby encouraging family participation and community involvement in this dynamic sport. Through their commitment to supporting diverse athletes and promoting BMX racing, Srq Bmx Inc is making a significant impact in the local BMX community and beyond.
This information is meant to be a general summary of Srq Bmx 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.
- Program Service Revenue: $58,536
- Gross Receipts: $58,536
Assets and Liabilities:
- Total Assets: $33,712
- Total Liabilities: $0
- Net Assets: $33,712
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCESSION INCOME
Revenue
$35,100
DONATIONS
Revenue
$15,020
REGISTRATION
Revenue
$3,226
SPONSORSHIP
Revenue
$2,400
MEMBERSHP
Revenue
$1,375
Organization Details
Founding Year
2016
Phone
(941) 960-1578Principal Officer
Jon Doty
Main Address
4640 10TH STREET, SARASOTA, FL, 34232
Website
www.sarasotabmx.comNTEE Category
Code: N40 - Recreation
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