Overview
What is Dyb Inc?
Dyb Inc, located in Marshall, Texas, is a nonprofit organization primarily focused on providing recreational baseball or softball league opportunities for youth. Their mission lies in facilitating a platform for young athletes to engage in enjoyable, team-based activities, fostering a sense of camaraderie and sportsmanship. The organization is committed to promoting a healthy and engaging environment for the growth and development of the youth in its community.
Official website here: www.dybusa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Dyb Inc has received an overall score of 84%, which translates to a Three-Star rating. This score is predominantly based on a single accountability and finance beacon, indicating a strong focus on financial management and governance within the organization. In the most recent fiscal year (FY2023), the organization demonstrated excellent financial health, with a program expense ratio of 100%, indicating that all expenditures are directed toward its programs.
A notable strength of Dyb Inc is its board composition, boasting 100% independent members, which reflects a commitment to organizational integrity and oversight. The organization has also successfully maintained a low liabilities to assets ratio of 0.98%, showcasing its financial stability. However, the organization does have some limitations in its governance practices, as it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which could impact its overall accountability.
While the financial aspects of Dyb Inc are impressive, the absence of certain governance policies suggests room for improvement in transparency and accountability practices. Implementing these missing policies could enhance the organization's credibility and strengthen stakeholder trust in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Dyb Inc legitimate?
Dyb Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dyb 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: $49,678
For more financial information, click here
Official website here: www.dybusa.org
What is the mission statement of Dyb Inc?
Dyb Inc, being a baseball or softball league, is dedicated to providing recreational league play opportunities for youth. Their mission is centered around fostering an environment where young individuals can engage in these sports in a leisurely setting. The organization aims to promote sportsmanship, teamwork, and skill development among the participating youth. By offering recreational league play, Dyb Inc contributes to the overall development and enjoyment of young baseball and softball enthusiasts.
Official website here: www.dybusa.org
Who is the CEO of Dyb Inc?
Kent Bruxvoort is the President of Dyb Inc.
Official website here: www.dybusa.org
What is the revenue of Dyb Inc?
Dyb Inc's revenue in 2022 was $611,775.
Official website here: www.dybusa.org
Who are the executives of Dyb Inc and what are their salaries?
The average compensation at Dyb Inc during 2022 was $16,559. There are 3 employees and 46 volunteers at Dyb Inc.
Here are 5 key members and their salaries:
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Official website here: www.dybusa.org
Where can I find the form 990 for Dyb Inc?
Dyb Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dybusa.org
Learn more at the official website: www.dybusa.org
Mission Statement of Dyb Inc
Dyb Inc, a nonprofit organization, is dedicated to providing recreational baseball and softball opportunities for youth. The mission of Dyb Inc is centered around facilitating league play, offering a platform for young individuals to engage in these sports in a leisurely setting. By doing so, the organization aims to foster a sense of community and camaraderie among the participating youth, allowing them to develop their skills and enjoy the games in a fun and relaxed atmosphere.
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Impact
July, 2024
Dyb Inc positively impacts the community by providing recreational league play for youth in Marshall, TX. Through its baseball and softball league programs, Dyb Inc offers opportunities for young athletes to develop their skills, foster sportsmanship, and engage in healthy physical activity. By promoting recreational sports participation, Dyb Inc contributes to the overall well-being and development of the youth in the Marshall community.
This information is meant to be a general summary of Dyb 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 2022.
- Investment Income: $14,540
- Program Service Revenue: $107,458
- Gross Receipts: $651,717
Assets and Liabilities:
- Total Assets: $1,925,023
- Total Liabilities: $28,157
- Net Assets: $1,896,866
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$107,458
Organization Details
Founding Year
1955
Phone
(903) 927-2255Principal Officer
Kent Bruxvoort
Main Address
PO Box 877, Marshall, TX, 75671
Website
www.dybusa.orgNTEE Category
Code: N63Z - Recreation
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