Overview
What is Mississippi Senior Olympics?
Mississippi Senior Olympics is a nonprofit organization situated in Gulfport, Mississippi, with an address at 14313 Duckworth RD, MS 39503. Their mission is centered around promoting physical activity among seniors, specifically adults aged 50 and above, in an effort to enhance their overall well-being. Throughout the 2022 calendar year, various events were organized and conducted by this organization. The events, which are a part of their mission, aim to encourage senior participation and foster a sense of community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars, 63%
The Mississippi Senior Olympics has received a rating of two stars from Charity Navigator, indicating a need for improvement with an overall score of 63%. This score reflects concerns about governance and transparency, particularly due to a lack of critical policies such as a conflict of interest and whistleblower policy, which are essential for organizational accountability. Additionally, the organization's website is not listed on its tax form, which diminishes accessibility for stakeholders.
Despite these governance issues, the nonprofit demonstrates strong financial health, with an impressive program expense ratio of 93.05%, indicating that a significant portion of its funds is directly allocated to its programs. Furthermore, it has shown no material diversion of assets, maintaining good financial integrity. The liabilities to assets ratio is also favorable at 0.15%, suggesting a stable financial standing.
However, the board's composition raises some concerns; only 44% of its members are independent, which could affect objective decision-making. Improving its governance practices and enhancing transparency through better documentation and website presence could significantly bolster its rating and effectiveness as a nonprofit dedicated to serving senior citizens in Mississippi.
This AI summary has been generated from information found on Charity Navigator.
Is Mississippi Senior Olympics legitimate?
Mississippi Senior Olympics is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi Senior Olympics 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 Mississippi Senior Olympics?
The Mississippi Senior Olympics is committed to a mission aimed at boosting the physical activity levels among seniors, specifically adults aged 50 and above. Their purpose is to organize and conduct various events throughout the year, inspiring older adults to maintain an active lifestyle. The organization's activities were successfully carried out during the 2022 calendar year, underscoring their dedication to promoting physical fitness among Mississippi's senior population.
Who is the CEO of Mississippi Senior Olympics?
Cheryl Bell is the Co-Chairman of Mississippi Senior Olympics.
What is the revenue of Mississippi Senior Olympics?
Mississippi Senior Olympics's revenue in 2022 was $108,388.
Who are the executives of Mississippi Senior Olympics and what are their salaries?
There 4 volunteers at Mississippi Senior Olympics.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Mississippi Senior Olympics?
Mississippi Senior Olympics's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mississippi Senior Olympics
Mississippi Senior Olympics, an organization dedicated to adults aged 50 and above, has a mission focused on boosting their physical activity levels. Its purpose is to encourage senior citizens in the state of Mississippi to engage in regular exercise and physical activities, thereby improving their overall health and well-being. By organizing and hosting events throughout the year, Mississippi Senior Olympics aims to provide a platform for seniors to engage in friendly competitions, fostering a sense of community and camaraderie. The organization's activities and initiatives are specifically tailored to the needs and interests of senior adults, promoting an active and healthy lifestyle in this age group.
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Impact
October, 2024
The Mississippi Senior Olympics significantly impacts the health and well-being of seniors in Mississippi by promoting increased physical activity among adults aged 50 and above. By organizing events specifically designed for this demographic, the program encourages seniors to engage in regular physical exercise, which is vital for maintaining mobility, flexibility, and overall health.
The events held in 2022 in Gulfport foster a sense of community and participation, allowing seniors to connect with one another and share their experiences. This social interaction is essential in combating loneliness and fostering mental well-being. Additionally, by highlighting the importance of an active lifestyle, the Mississippi Senior Olympics raises awareness about fitness and healthy living in older adults, potentially leading to lasting lifestyle changes.
Overall, the Mississippi Senior Olympics not only enhances physical health but also contributes to social cohesion and mental wellness among seniors, making it a crucial initiative within the community.
This information is meant to be a general summary of Mississippi Senior Olympics. 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: $852
- Program Service Revenue: $16,299
- Gross Receipts: $108,388
Assets and Liabilities:
- Total Assets: $527,414
- Total Liabilities: $830
- Net Assets: $526,584
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Event Registration Fee
Revenue
$16,299
Organization Details
Founding Year
1987
Phone
(228) 669-2582Principal Officer
Cheryl Bell
Main Address
14313 Duckworth RD, Gulfport, MS, 39503
NTEE Category
Code: W99 - Public benefit
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