Overview
What is Hilltopper Athletic Foundation Inc?
Hilltopper Athletic Foundation Inc, based in Bowling Green, Kentucky, serves as a vital supporter for the athletic programs at Western Kentucky University (WKU). The foundation's primary objective is to provide financial aid for these athletic initiatives, as well as offering scholarships to student-athletes. Furthermore, the foundation plays a crucial role in financing specific construction projects related to WKU's athletic facilities. During the fiscal year ending December 31, 2022, the foundation distributed funds to various individual athletic activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
The Hilltopper Athletic Foundation Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The rating is based entirely on its Accountability & Finance score, which stands at 77%. This score indicates that the organization has established a good framework for governance and financial stewardship, contributing positively to its credibility among donors.
Strengths of the foundation include a fully independent board with 20 members, ensuring effective oversight and decision-making. The organization demonstrates strong financial health, evidenced by a low liabilities-to-assets ratio and high program expense ratio, meaning that a significant portion of its funds is directed towards its intended programs. Additionally, its fundraising efficiency is commendable, requiring only $0.05 to raise each dollar.
Despite its strengths, the overall score indicates that there may be room for improvement in certain areas. While the foundation scores well in financial metrics, stakeholders might benefit from a more comprehensive view of program effectiveness and impact beyond financial indicators alone. Overall, the foundation presents a trustworthy option for potential donors looking to support athletic initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Hilltopper Athletic Foundation Inc legitimate?
Hilltopper Athletic Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hilltopper Athletic 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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What is the mission statement of Hilltopper Athletic Foundation Inc?
The Hilltopper Athletic Foundation Inc's mission is centered around providing support for the athletic programs at Western Kentucky University (WKU). This includes funding various athletic activities and awarding scholarships to student-athletes. Furthermore, the foundation plays a role in financing specific construction projects related to WKU's athletics. In the fiscal year ending December 31, 2022, funds were allocated to individual athletic activities within the university.
Who is the CEO of Hilltopper Athletic Foundation Inc?
Kat Smith is the Director of Hilltopper Athletic Foundation Inc.
What is the revenue of Hilltopper Athletic Foundation Inc?
Hilltopper Athletic Foundation Inc's revenue in 2022 was $3,703,210.
Who are the executives of Hilltopper Athletic Foundation Inc and what are their salaries?
Here are 20 key members and their salaries:
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Where can I find the form 990 for Hilltopper Athletic Foundation Inc?
Hilltopper Athletic Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hilltopper Athletic Foundation Inc
The Hilltopper Athletic Foundation Inc, in its mission, aims to provide support for the athletic programs at Western Kentucky University (WKU). This nonprofit organization seeks to accomplish this by awarding funds to various athletic activities, as evidenced by its financial contributions during the fiscal year ending on December 31, 2022. Moreover, the foundation's purpose extends beyond just funding athletic programs. It also offers scholarships to student-athletes at WKU and contributes to the financing of specified construction projects related to WKU's athletics. Overall, the Hilltopper Athletic Foundation Inc plays a significant role in bolstering the athletic scene at Western Kentucky University, thereby empowering its student-athletes and contributing to the growth of its sports infrastructure.
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Impact
July, 2024
Hilltopper Athletic Foundation Inc plays a crucial role in supporting the athletic programs at Western Kentucky University. By providing funds for scholarships for student-athletes and facilitating the financing of specified athletic construction projects, the foundation directly contributes to the growth and success of WKU's sports programs. The awards made to individual athletic activities demonstrate the tangible impact of the foundation's support in enhancing the overall athletic experience for students and fostering a culture of sports excellence at the university.
This information is meant to be a general summary of Hilltopper Athletic 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 2022.
- Investment Income: $90,861
- Gross Receipts: $3,703,210
Assets and Liabilities:
- Total Assets: $4,633,465
- Total Liabilities: $1,116,082
- Net Assets: $3,517,383
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Organization Details
Founding Year
1979
Phone
(270) 745-5321Principal Officer
Kat Smith
Main Address
1605 AVENUE OF CHAMPIONS, BOWLING GREEN, KY, 421016412
NTEE Category
Code: N41Z - Recreation
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