Overview
What is Cumberland Valley Athletic Clu?
Cumberland Valley Athletic Club (CVAC) is a nonprofit organization, known for its role in fostering competitive athletic sports and hosting renowned events, such as the JFK 50 Mile Marathon. While the provided information is limited, it suggests that CVAC's primary mission is centered around athletics and promoting sports competitions. However, additional details about their activities, reach, or specific programs are not available.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (53%)
Cumberland Valley Athletic Club has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is based solely on the Accountability & Finance Beacon, which scored 53%. The low score reflects a lack of essential governance practices, including the absence of a conflict of interest policy and whistleblower policy, which are critical for transparency and ethical management.
The organization does show some positive aspects, such as a strong program expense ratio of 80.28%, suggesting that a majority of its expenditures are directed toward its programs. Additionally, it has a favorable liabilities to assets ratio of 1.22%, indicating a manageable level of debt relative to its assets. However, the lack of an independent board and missing website documentation raises serious questions about its governance structure.
Overall, while Cumberland Valley Athletic Club demonstrates a commitment to directing funds toward its programs, its governance issues and lack of essential policies present significant limitations. Potential donors and supporters may wish to consider these factors before contributing or engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Cumberland Valley Athletic Clu legitimate?
Cumberland Valley Athletic Clu is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cumberland Valley Athletic Clu 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: $95,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cumberland Valley Athletic Clu?
The Cumberland Valley Athletic Club's mission is centered around fostering competitive athletic sports. One of their notable activities is the hosting of the JFK 50 Mile Marathon. In essence, their mission involves promoting and facilitating athletic competitions, providing a platform for athletes to test their limits and participate in challenging events.
Who is the CEO of Cumberland Valley Athletic Clu?
Michael Spinnler is the President of Cumberland Valley Athletic Clu.
What is the revenue of Cumberland Valley Athletic Clu?
Cumberland Valley Athletic Clu's revenue in 2022 was $479,356.
Who are the executives of Cumberland Valley Athletic Clu and what are their salaries?
The average compensation at Cumberland Valley Athletic Clu during 2022 was $47,700. There are 2 employees at Cumberland Valley Athletic Clu.
There is 1 key member and their salary:
- Compensation: $47,700
- Related: $0
- Other: $0
Where can I find the form 990 for Cumberland Valley Athletic Clu?
Cumberland Valley Athletic Clu's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cumberland Valley Athletic Clu
Cumberland Valley Athletic Club, as per its mission, focuses on fostering competitive athletic sports and hosts the renowned JFK 50 Mile Marathon. This organization's primary goal is to provide a platform for athletic competitions, attracting participants from various backgrounds. By organizing events such as the JFK 50 Mile Marathon, Cumberland Valley Athletic Club encourages physical fitness, sportsmanship, and camaraderie among its participants. The club's activities contribute to the overall well-being of individuals, promoting a healthy lifestyle and competitive spirit.
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Impact
July, 2024
Cumberland Valley Athletic Club's impact is primarily focused on fostering athletic sports competitions and hosting the JFK 50 Mile Marathon. Through their efforts, they provide individuals with opportunities to participate in challenging events that promote physical fitness and a sense of achievement. Their commitment to organizing such events in Hagerstown, MD, contributes to the local community by encouraging active lifestyles and supporting recreational activities. Additionally, their dedication to promoting sports and recreation aligns with their mission to enhance the well-being of individuals through athletic endeavors.
This information is meant to be a general summary of Cumberland Valley Athletic Clu. 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.
- Investment Income: $64
- Program Service Revenue: $456,452
- Gross Receipts: $496,328
Assets and Liabilities:
- Total Assets: $481,515
- Total Liabilities: $7,106
- Net Assets: $474,409
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JFK 50 MILE
Revenue
$456,452
Organization Details
Principal Officer
Michael Spinnler
Main Address
1012 VALLEYBROOK DRIVE, HAGERSTOWN, MD, 21742
NTEE Category
Code: N60 - Recreation
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