Overview
What is Lake Braddock Athletic Booster Club Inc?
Lake Braddock Athletic Booster Club Inc is a nonprofit organization situated in Burke, Virginia. Established with the purpose of fostering interest and support for the athletic programs at Lake Braddock High School, the club plays a significant role in this community. Their mission encompasses providing financial aid for scholarships, top-notch athletic uniforms, and various athletic needs. Notably, they have contributed to the installation of two turf fields at the high school, including a stadium field and a lit practice field, further enhancing the athletic facilities. The club serves as a vital source of support for the school's athletic community.
Official website here: www.lbsports.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Lake Braddock Athletic Booster Club Inc has shown decent performance in terms of accountability and finance, scoring a total of 73 points. Particularly notable is their structure, with a fully independent board and no material diversion of assets. They also excel in their program expense ratio, indicating that all of their expenses are directed towards their programs.
However, the organization has several limitations that impact its overall rating. The absence of key policies, such as a conflict of interest policy, whistleblower protection, and document retention, has negatively affected their accountability score. Additionally, they have not posted certain required documents, such as their tax form, on their website, which can hinder transparency.
Overall, while the Lake Braddock Athletic Booster Club displays some strengths, particularly in board independence and program funding, the lack of necessary governance policies and documentation may raise concerns for potential donors seeking transparency and accountability in their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Braddock Athletic Booster Club Inc legitimate?
Lake Braddock Athletic Booster Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Braddock Athletic Booster Club 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.lbsports.org
What is the mission statement of Lake Braddock Athletic Booster Club Inc?
The Lake Braddock Athletic Booster Club Inc's mission is centered around promoting, supporting, and fostering interest in the athletic programs at Lake Braddock High School. Their primary objective is to provide financial aid, specifically for scholarships, high-quality athletic uniforms, and athletic facilities. Notably, they have contributed to the installation of two turf fields at Lake Braddock, one of which is a stadium field and the other, a lighted practice field. This club aims to enhance the athletic experiences of the students, thereby boosting their morale and overall school spirit.
Official website here: www.lbsports.org
Who is the CEO of Lake Braddock Athletic Booster Club Inc?
Shannon Matheny is the President of Lake Braddock Athletic Booster Club Inc.
Official website here: www.lbsports.org
What is the revenue of Lake Braddock Athletic Booster Club Inc?
Lake Braddock Athletic Booster Club Inc's revenue in 2021 was $45,561.
Official website here: www.lbsports.org
Who are the executives of Lake Braddock Athletic Booster Club Inc and what are their salaries?
There 80 volunteers at Lake Braddock Athletic Booster Club Inc.
Here are 7 key members and their salaries:
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Official website here: www.lbsports.org
Where can I find the form 990 for Lake Braddock Athletic Booster Club Inc?
Lake Braddock Athletic Booster Club Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.lbsports.org
Learn more at the official website: www.lbsports.org
Mission Statement of Lake Braddock Athletic Booster Club Inc
Lake Braddock Athletic Booster Club Inc, in essence, aims to foster interest, promote, and financially support the athletic programs at Lake Braddock High School. The club's mission encompasses providing scholarships, investing in top-notch athletic uniforms, and contributing to the improvement of athletic facilities. Notably, their efforts have resulted in the installation of two turf fields, one for competitive matches and another for practice sessions, both of which are illuminated for nighttime use. The club's dedication to Lake Braddock High School's athletic programs is evident through their continuous support and investment in the school's sports activities.
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Impact
August, 2024
Lake Braddock Athletic Booster Club Inc has made a significant impact by promoting, supporting, and generating interest in Lake Braddock High School athletic programs. Their efforts have resulted in the installation of two turf fields at Lake Braddock, including a stadium field and a lighted practice field. These facilities have greatly enhanced the athletic experience for the students, allowing them to train and compete in high-quality environments. Additionally, the Booster Club's financial support has contributed to the provision of scholarships and high-quality athletic uniforms, further benefiting the student-athletes at Lake Braddock High School.
This information is meant to be a general summary of Lake Braddock Athletic Booster Club 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 2021.
- Investment Income: $214
- Program Service Revenue: $15,795
- Gross Receipts: $55,061
Assets and Liabilities:
- Total Assets: $172,638
- Total Liabilities: $93,363
- Net Assets: $79,275
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Organization Details
Founding Year
1991
Phone
(703) 978-0400Principal Officer
Shannon Matheny
Main Address
PO BOX 230, BURKE, VA, 220090230
Website
www.lbsports.orgNTEE Category
Code: N40 - Recreation
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