Overview
What is Aiken Polo Club Inc?
Aiken Polo Club Inc, a nonprofit organization, is dedicated to fostering the popular sport of polo. They achieve this by preserving historic polo fields, offering instruction and demonstrations in the sport, and organizing events, such as tournaments, to enhance public understanding and interest in polo. The club's mission is to promote polo, making it accessible and engaging for a wider audience.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating
The Aiken Polo Club Inc has received a 67% rating from Charity Navigator, reflecting a Two-Star rating. The organization demonstrates strong governance with a fully independent board, scoring 8 out of 8 points for majority independent board members. Additionally, it shows a solid financial health with a low liabilities to assets ratio of 37.72%. However, the lack of transparency in financial reporting is significant, as evidenced by a score of 0 in critical areas like financial statements and posting tax forms on its website.
Despite its strengths in governance and program expense ratio—showing a commendable 96.18%—the Aiken Polo Club has notable limitations that could impact donor trust. The absence of essential policies such as conflict of interest and whistleblower protections, both of which scored 0, suggests a need for improved organizational practices. Additionally, the failure to provide financial statements and documents on its website presents transparency issues that potential donors should consider.
Overall, while the Aiken Polo Club shows promise in certain accountability areas, its financial transparency and policy framework require significant enhancement. Donors are encouraged to carefully evaluate these factors when considering support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Aiken Polo Club Inc legitimate?
Aiken Polo Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aiken Polo 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
What is the mission statement of Aiken Polo Club Inc?
The Aiken Polo Club Inc. is dedicated to promoting the sport of polo. They accomplish this by preserving historic polo fields, instructing and showcasing the game, and organizing tournaments to enhance public recognition of the sport. These efforts aim to increase interest and understanding of polo among a wider audience.
Who is the CEO of Aiken Polo Club Inc?
Charles Bostwick is the President of Aiken Polo Club Inc.
What is the revenue of Aiken Polo Club Inc?
Aiken Polo Club Inc's revenue in 2022 was $507,915.
Who are the executives of Aiken Polo Club Inc and what are their salaries?
There 20 volunteers at Aiken Polo Club Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Aiken Polo Club Inc?
Aiken Polo Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Aiken Polo Club Inc
Aiken Polo Club, a renowned organization, is dedicated to fostering the popularity and appreciation of the ancient sport of polo. By preserving its historic polo fields, the club ensures that this traditional game continues to thrive. Additionally, Aiken Polo Club takes an active role in educating and demonstrating the intricacies of polo to the public, thereby nurturing a new generation of polo enthusiasts. Furthermore, the club sponsors tournaments, serving as a platform to showcase the game's finesse and attracting a wider audience to the sport. In doing so, Aiken Polo Club significantly contributes to increasing public awareness of polo and maintaining its enduring charm.
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Impact
July, 2024
Aiken Polo Club Inc's impact lies in promoting the sport of polo through maintaining historic polo fields, teaching and demonstrating the game, and sponsoring tournaments that increase public awareness. This helps to preserve the tradition of polo while also fostering a sense of community and recreational activity in the city of Aiken, South Carolina.
This information is meant to be a general summary of Aiken Polo 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 2022.
- Program Service Revenue: $352,633
- Gross Receipts: $507,915
Assets and Liabilities:
- Total Assets: $167,684
- Total Liabilities: $63,281
- Net Assets: $104,403
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tournament Fees
Revenue
$190,448
Parking
Revenue
$129,920
Social Memberships
Revenue
$32,265
Organization Details
Founding Year
1983
Phone
(803) 794-1328Principal Officer
Charles Bostwick
Main Address
PO Box 3021, Aiken, SC, 29802
NTEE Category
Code: N6XZ - Recreation
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