Overview
What is Tallahassee Quarterback Club Foundation Inc?
The Tallahassee Quarterback Club Foundation Inc is a nonprofit organization committed to promoting national amateur sports competition. They achieve this by recognizing the top college football receiver in the nation and awarding scholarships to deserving students who have faced adversities. Their mission encompasses fostering sports competition at a national level while providing academic support to individuals with challenging backgrounds.
Official website here: www.tqbc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Tallahassee Quarterback Club Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating indicates a solid level of accountability and financial health, primarily derived from its performance in the Accountability & Finance beacon. The organization boasts a 100% independent board and has no reported material diversion of assets, which contributes positively to its overall score.
Strengths of the foundation include high program expense ratios, with 96.75% of its expenses directed towards programs, indicating effective use of funds. The organization has also successfully listed its website on its tax forms, ensuring transparency. However, there are notable gaps in governance, specifically the absence of a conflict of interest policy, whistleblower policy, and document retention policy, which are important for maintaining trust and accountability.
While the organization performs well in several financial aspects, the missing governance policies could raise concerns for potential donors regarding the foundation's commitment to ethical oversight. Overall, the Tallahassee Quarterback Club Foundation demonstrates a strong financial profile but may benefit from improving its policy framework to enhance its accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Tallahassee Quarterback Club Foundation Inc legitimate?
Tallahassee Quarterback Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tallahassee Quarterback Club Foundation 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.
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Official website here: www.tqbc.org
What is the mission statement of Tallahassee Quarterback Club Foundation Inc?
The Tallahassee Quarterback Club Foundation Inc. is committed to promoting national sports competition in an amateur context. One of its primary objectives is to recognize the outstanding performance of the nation's best collegiate football receivers. Furthermore, the foundation aims to provide scholarships to deserving students who have overcome various hardships. Additionally, it continues to foster national sports competition through its initiatives.
Official website here: www.tqbc.org
Who is the CEO of Tallahassee Quarterback Club Foundation Inc?
L Thomas Cox is the Trustee of Tallahassee Quarterback Club Foundation Inc.
Official website here: www.tqbc.org
What is the revenue of Tallahassee Quarterback Club Foundation Inc?
Tallahassee Quarterback Club Foundation Inc's revenue in 2023 was $162,949.
Official website here: www.tqbc.org
Who are the executives of Tallahassee Quarterback Club Foundation Inc and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.tqbc.org
Where can I find the form 990 for Tallahassee Quarterback Club Foundation Inc?
Tallahassee Quarterback Club Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tqbc.org
Learn more at the official website: www.tqbc.org
Mission Statement of Tallahassee Quarterback Club Foundation Inc
The Tallahassee Quarterback Club Foundation Inc is dedicated to promoting national sports competition in an exceptional manner. Their primary mission is to recognize the exceptional skills of the nation's top college football receivers. Beyond this, they strive to support deserving students who have overcome adversity by offering scholarships. Furthermore, the foundation continues its commitment to fostering national sports competition, extending its reach beyond just recognizing talent.
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Impact
October, 2024
The Tallahassee Quarterback Club Foundation Inc plays a vital role in the realm of amateur sports by fostering national competition, particularly in college football. By recognizing the nation's top college football receivers, the organization not only highlights athletic excellence but also encourages the pursuit of sportsmanship at the highest level.
Additionally, the foundation addresses important educational needs by awarding scholarships to deserving students who have navigated significant hardships. This commitment to education ensures that talented individuals have the support they need to succeed academically and athletically, encouraging them to excel beyond their circumstances. Overall, the foundation's impact is multifaceted, enhancing both sports competition and educational opportunities in the Tallahassee community and beyond.
This information is meant to be a general summary of Tallahassee Quarterback Club Foundation 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 2023.
- Investment Income: $1,312
- Gross Receipts: $237,695
Assets and Liabilities:
- Total Assets: $337,326
- Total Liabilities: $134,141
- Net Assets: $203,185
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Organization Details
Founding Year
1994
Phone
(850) 528-5690Principal Officer
L Thomas Cox
Main Address
1429 VIEUX CARRE DR, TALLAHASSEE, FL, 32308
Website
www.tqbc.orgNTEE Category
Code: B82Z - Education
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