Overview
What is Louisiana Sports Hall Of Fame Foundation?
The Louisiana Sports Hall of Fame Foundation is a nonprofit organization situated in Natchitoches, Louisiana. Its primary mission is to celebrate and preserve the rich sports history of the state and its distinguished athletes. They accomplish this by maintaining a central hall of fame, showcasing a vast collection of sports memorabilia, and promoting Louisiana's sports heritage from their base in Natchitoches. The foundation's programs aim to honor and commemorate the achievements of Louisiana's accomplished athletes, ensuring their legacies live on.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star Rating)
The Louisiana Sports Hall of Fame Foundation has received a 67% rating from Charity Navigator, reflecting a Two-Star rating. This score indicates that while the organization meets basic standards of financial accountability and transparency, there is room for improvement in its overall operational performance.
Strengths of the foundation include a fully independent board, with 100% of its members meeting this criterion. The organization has also demonstrated strong financial management, evidenced by a low liabilities to assets ratio and full program expense ratio, suggesting that funds are effectively directed towards its mission. Additionally, the foundation documents its board meeting minutes, which enhances transparency.
However, the overall rating suggests that stakeholders may benefit from more detailed insights regarding the organization’s impact and effectiveness. While the financial indicators are strong, the foundation may need to focus on enhancing its overall performance metrics to improve its standing in the nonprofit sector. The executive director’s salary is noted at $84,000, which is relevant in discussions about compensation and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Louisiana Sports Hall Of Fame Foundation legitimate?
Louisiana Sports Hall Of Fame Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana Sports Hall Of Fame Foundation 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: $136,735
For more financial information, click here
What is the mission statement of Louisiana Sports Hall Of Fame Foundation?
The Louisiana Sports Hall of Fame Foundation's mission is to celebrate and preserve the rich sports heritage of Louisiana and its distinguished athletes. This is achieved by establishing and maintaining a central hall of fame, serving as a repository for sports history and memorabilia. The organization's activities aim to promote and disseminate information about Louisiana's sports history, contributing to a deeper appreciation and understanding of the state's athletic accomplishments.
Who is the CEO of Louisiana Sports Hall Of Fame Foundation?
Ronnie Rantz is the Executive Di of Louisiana Sports Hall Of Fame Foundation.
What is the revenue of Louisiana Sports Hall Of Fame Foundation?
Louisiana Sports Hall Of Fame Foundation's revenue in 2022 was $532,725.
Who are the executives of Louisiana Sports Hall Of Fame Foundation and what are their salaries?
The average compensation at Louisiana Sports Hall Of Fame Foundation during 2022 was $17,092. There are 8 employees at Louisiana Sports Hall Of Fame Foundation.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Louisiana Sports Hall Of Fame Foundation?
Louisiana Sports Hall Of Fame Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Louisiana Sports Hall Of Fame Foundation
The Louisiana Sports Hall of Fame Foundation is dedicated to celebrating and safeguarding the rich sports heritage of Louisiana and its distinguished athletes. They achieve this by establishing and maintaining a central hall of fame, serving as a testament to the accomplishments of the state's sports legends. Furthermore, the foundation is committed to preserving sports memorabilia and history, ensuring these priceless relics are passed down for future generations to appreciate and learn from. The organization's mission is to promote and celebrate the sports culture of Louisiana, honoring its accomplished athletes and preserving their stories for posterity.
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Impact
July, 2024
The impact of the Louisiana Sports Hall of Fame Foundation is significant in promoting the sports history of Louisiana and recognizing the achievements of its talented athletes. Through the establishment and maintenance of a central Hall of Fame, the foundation ensures that the rich sporting legacy of the state is preserved and celebrated. By preserving sports history and memorabilia, the foundation contributes to honoring the contributions of Louisiana athletes and inspiring future generations of sports enthusiasts. The foundation's programs enhance awareness of Louisiana's sporting heritage and showcase the state's athletic prowess from its location in Natchitoches, LA.
This information is meant to be a general summary of Louisiana Sports Hall Of Fame Foundation. 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: $361,903
- Gross Receipts: $532,725
Assets and Liabilities:
- Total Assets: $263,619
- Total Liabilities: -$2,010
- Net Assets: $265,629
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORS
Revenue
$181,696
TICKET SALES
Revenue
$100,970
AUCTION INCOME
Revenue
$49,342
GOLF TOURNAMENT - NET
Revenue
$12,000
AD SALES
Revenue
$10,330
Organization Details
Founding Year
1975
Phone
(318) 352-3652Principal Officer
Ronnie Rantz
Main Address
321 BIENVILLE ST, NATCHITOCHES, LA, 71457
NTEE Category
Code: A50 - Arts
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