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Bays Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521170838 ✦ Arnold, MD ✦ Designated as a 501(c)(3)

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Overview

What is Bays Inc?

Bays Inc is a nonprofit organization situated in Arnold, Maryland. Its primary focus is on providing various sports programs, including basketball, lacrosse, field hockey, soccer, and volleyball, to local youth aged between 4 and 13. By offering these activities, Bays Inc aims to foster a sense of community and encourage physical development and teamwork among its young participants. The organization's mission is deeply rooted in the belief that sports can play a significant role in shaping the lives of young individuals, providing them with valuable life skills and experiences.


Official website here: www.broadneckyouthsports.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Bays Inc has achieved an 81% overall score, which translates to a Three-Star rating, indicating a solid level of accountability and financial health. The rating is based exclusively on their Accountability & Finance metrics, which demonstrates a strong emphasis on transparency and responsible management of funds. With a perfect score in several key areas—such as independent board membership, material diversion of assets, and adherence to conflict of interest and whistleblower policies—Bays Inc shows a commitment to ethical governance.

The organization maintains a high program expense ratio of 87.89%, suggesting that a significant portion of its expenditures directly supports its mission-related activities. This financial prudence is further backed by a favorable liabilities to assets ratio of 0.00%, indicating that the organization is effectively managing its resources without incurring debt.

While the overall rating is commendable, potential supporters may want to delve into specific programs and outcomes to fully understand the impacts of their contributions. Overall, Bays Inc presents itself as a reliable nonprofit with a strong foundation in accountability and finance.


This AI summary has been generated from information found on Charity Navigator.

Is Bays Inc legitimate?

Bays Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bays 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.broadneckyouthsports.com

What is the mission statement of Bays Inc?

Bays Inc, as an organization, is focused on providing sports programs for local youth between the ages of 4 and 13. Their mission revolves around offering basketball, lacrosse, field hockey, soccer, and volleyball programs, aiming to foster a love for sports and physical activity among the younger generation. By offering these sports programs, Bays Inc aims to contribute to the overall development and well-being of the area's youth. The organization's activities are centered around promoting teamwork, sportsmanship, and a healthy lifestyle through these diverse sports offerings.


Official website here: www.broadneckyouthsports.com

Who is the CEO of Bays Inc?

Gary Miciche is the Treasurer of Bays Inc.


Official website here: www.broadneckyouthsports.com

What is the revenue of Bays Inc?

Bays Inc's revenue in 2022 was $777,112.


Official website here: www.broadneckyouthsports.com

Who are the executives of Bays Inc and what are their salaries?

There 250 volunteers at Bays Inc.


Here are 11 key members and their salaries:


Gary Miciche (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fraser Verrusio (Vice President - Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacie Oliver (President/Commissioner Field Hockey)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Mahoney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lacey Barry (Commissioner, Triathlon)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Davis (Commissioner, Basketball)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Burrows (Commissioner, Girls Lacrosse)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Ristanio (Commissioner, Boys Lacrosse)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Jarvis (Commissioner, Volleyball)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Brown (Commissioner, Soccer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clare Schuller (Vice President, Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.broadneckyouthsports.com

Where can I find the form 990 for Bays Inc?

Bays Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.broadneckyouthsports.com

Learn more at the official website: www.broadneckyouthsports.com

Mission Statement of Bays Inc

Bays Inc, a nonprofit organization, is committed to providing a wide array of sports programs for local youth aged between 4 and 13. This includes basketball, lacrosse, field hockey, soccer, and volleyball. The organization's mission is centered around engaging and empowering young individuals through these sports activities, fostering a sense of camaraderie, discipline, and team spirit. By offering these programs, Bays Inc aims to contribute positively to the personal growth and development of the area's youth.

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Impact




July, 2024

Bays Inc's impact lies in providing accessible and engaging sports programs such as basketball, lacrosse, field hockey, soccer, and volleyball to youth aged 4-13 in Arnold, MD. These programs not only foster physical activity but also promote teamwork, healthy competition, and skill development among the participants. By offering a variety of sports options, Bays Inc contributes to the overall well-being and development of the area's youth, creating a positive and active community.




This information is meant to be a general summary of Bays 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.

Revenue
$777,112 (2022)
Expenses
$576,539 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30
  • Program Service Revenue: $747,538
  • Gross Receipts: $777,112

Assets and Liabilities:

  • Total Assets: $731,970
  • Total Liabilities: $0
  • Net Assets: $731,970

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM REGISTRATION FEES

Revenue

$747,538

Organization Details

Founding Year

1968

Principal Officer

Gary Miciche

Main Address

PO BOX 732, ARNOLD, MD, 21012

NTEE Category

Code: N60Z - Recreation

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