Overview
What is Coal City Colts Inc?
Coal City Colts Inc is a nonprofit organization situated in Coal City, West Virginia, with its postal address at PO Box 286. Their primary mission is to support local youth activities by providing funds for necessary items such as uniforms, equipment, and other resources required for operation. The organization aims to empower and enrich the experiences of young individuals participating in these activities, contributing positively to their growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (60%)
Coal City Colts Inc has received a two-star rating from Charity Navigator, indicating areas that require enhancement in its operational practices. The organization excels in its accountability and finance score, receiving a perfect score of 100%. This reflects strong governance standards, particularly with respect to having a majority of independent board members.
However, there are significant concerns regarding the organization's transparency and documentation practices. Notably, it scored zero points in categories such as independent board size, website visibility of tax forms, and the maintenance of board meeting minutes. These deficiencies suggest a lack of essential practices that can help ensure stakeholders have access to vital organizational information.
Additionally, while the organization has demonstrated effective management of assets with a low liabilities to assets ratio, other areas such as program expense ratio can be improved. The overall performance indicates that while the financial management is robust, there is a critical need to bolster organizational transparency and policy adherence to enhance stakeholder trust and operational efficacy.
This AI summary has been generated from information found on Charity Navigator.
Is Coal City Colts Inc legitimate?
Coal City Colts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coal City Colts 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: $1,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,820
For more financial information, click here
What is the mission statement of Coal City Colts Inc?
Coal City Colts Inc's mission is centered around providing essential funds for various youth activities. Specifically, they focus on providing resources such as uniforms, equipment, and other necessary items to ensure the smooth operation of these activities. This non-profit organization aims to support the youth in their endeavors, enabling them to fully engage in their chosen activities. Through donations, Coal City Colts Inc contributes to the overall success and enjoyment of these youth-focused initiatives.
What is the revenue of Coal City Colts Inc?
Coal City Colts Inc's revenue in 2024 was $34,687.
Who are the executives of Coal City Colts Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $1,820
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Coal City Colts Inc?
Coal City Colts Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Coal City Colts Inc
Coal City Colts Inc, a nonprofit organization, is committed to providing essential financial support for the activities of local youth. Their mission is centered around providing the necessary funds for uniforms, equipment, and various other needed items that are instrumental in the operation of these activities. By doing so, Coal City Colts Inc plays a significant role in enabling young individuals to participate in a variety of activities, thereby fostering their growth and development.
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Impact
August, 2024
Coal City Colts Inc's impact is evident through its support for youth activities by providing funds for uniforms, equipment, and other necessary items for operation. Through donations to youth programs, the organization helps ensure that young athletes have the resources they need to participate fully and thrive in their chosen activities. This support contributes to the overall development and well-being of the youth in the Coal City community, fostering a sense of belonging and opportunity for growth.
This information is meant to be a general summary of Coal City Colts 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 2024.
- Gross Receipts: $508,197
Assets and Liabilities:
- Total Assets: $54,948
- Total Liabilities: $0
- Net Assets: $54,948
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Organization Details
Founding Year
1998
Principal Officer
Kevin Darnell
NTEE Category
Code: O50 - Youth development
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