Overview
What is Cougar Athletic Club?
The Cougar Athletic Club is a nonprofit organization situated in Franklin, Tennessee, primarily dedicated to providing financial assistance for the athletic teams at Centennial High School. Their mission is to enrich and enhance the athletic programs by offering supplemental funds. This support is intended to improve various aspects of the teams' activities, ultimately contributing to a more enriching athletic experience for the students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
The Cougar Athletic Club holds a Two-Star rating, which indicates a moderate level of performance and accountability. The rating is primarily based on the Accountability & Finance metrics, suggesting that while the organization excels in certain areas, there are significant shortcomings in financial transparency and governance policies.
Strengths of the organization include a fully independent board, which is a positive indicator for governance, and a very high program expense ratio of 97.99%, showing that the majority of funds are directed toward programs rather than administrative costs. However, the lack of publicly available financial statements and missing governance policies such as conflict of interest and whistleblower policies are notable weaknesses that detract from its overall accountability and transparency.
Additionally, the absence of required documents such as a tax form on the nonprofit's website raises concerns about accessibility and compliance. Overall, while the Cougar Athletic Club demonstrates strong program spending and independence, the gaps in financial disclosures and governance practices warrant attention for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Cougar Athletic Club legitimate?
Cougar Athletic Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cougar Athletic Club 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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Other Salaries and Wages: $0
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What is the mission statement of Cougar Athletic Club?
The Cougar Athletic Club's mission is to financially support various athletic teams at a high school, specifically Centennial High School in Franklin, Tennessee. The primary objective is to provide supplemental funds that enrich and enhance the athletic programs within the school. This financial aid aims to enhance the overall athletic experience for the students involved. The club does not replace the school's main funding but rather supplements it, aiming to elevate the athletic programs to a higher level.
Who is the CEO of Cougar Athletic Club?
Kim Stinson is the Co-Treasurer of Cougar Athletic Club.
What is the revenue of Cougar Athletic Club?
Cougar Athletic Club's revenue in 2022 was $503,441.
Who are the executives of Cougar Athletic Club and what are their salaries?
There 25 volunteers at Cougar Athletic Club.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Cougar Athletic Club?
Cougar Athletic Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cougar Athletic Club
The Cougar Athletic Club is an organization dedicated to providing financial support for all athletic teams at Centennial High School. Their mission is to enrich and enhance the athletic programs by offering supplemental funding. Their goal is to contribute financially to the betterment of the athletic programs at Centennial High School, thereby fostering a more comprehensive and enriching athletic experience for its students.
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Impact
July, 2024
The Cougar Athletic Club has a significant impact on the athletic programs at Centennial High School in Franklin, TN. By providing supplemental financial support to all athletic teams, the club plays a crucial role in enriching and enhancing the school's sports programs. This support not only helps the teams to thrive but also fosters a sense of community and school spirit among students, families, and fans. Through their efforts, the Cougar Athletic Club contributes to the success and growth of the school's athletic department, benefiting both the student-athletes and the school as a whole.
This information is meant to be a general summary of Cougar Athletic Club. 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: $100
- Program Service Revenue: $499,617
- Gross Receipts: $503,441
Assets and Liabilities:
- Total Assets: $210,173
- Total Liabilities: $0
- Net Assets: $210,173
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEAM FUND INCOME
Revenue
$464,428
CONCESIONS INCOME
Revenue
$30,434
BANNERS/SPIRIT ITEMS
Revenue
$4,755
Organization Details
Founding Year
1999
Phone
(615) 472-4270Principal Officer
Kim Stinson
Main Address
5050 MALLORY LANE, FRANKLIN, TN, 37067
NTEE Category
Code: N40 - Recreation
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