Overview
What is Jim Thorpe Association Inc?
Jim Thorpe Association Inc, based in Oklahoma City, Oklahoma, is a 501(c)(3) nonprofit organization with a mission to encourage excellence in various fields, including sports, academics, health, and fitness. They operate the Jim Thorpe Museum and the Oklahoma Sports Hall of Fame, which serves to preserve the legacy of the renowned athlete, Jim Thorpe. The Museum's central gallery, known as the Hall of Champions, honors outstanding personalities with achievement awards. Beyond this, the association aims to foster local and national sports competition while celebrating Native American heritage in the spirit of Jim Thorpe. With a team of five dedicated individuals, they work tirelessly to promote positive lifestyles and build pride in their community.
Official website here: www.oksportshof.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Jim Thorpe Association Inc received a two-star rating from Charity Navigator, indicating that there are areas needing improvement, particularly regarding accountability and financial transparency. With an overall score of 69%, the organization has shown strengths in board independence and a healthy liabilities-to-assets ratio, but it lacks essential financial documentation, which has significantly impacted its rating.
One of the organization's strengths is its commitment to maintaining a predominantly independent board, with 90% of board members meeting this criterion. Additionally, the organization demonstrates effective program expense management, with 78.13% of its expenses going directly towards program services. However, the absence of key policies such as a conflict of interest policy and a whistleblower policy raises concerns about governance practices.
The lack of publicly available financial statements and missing documentation, like the organization's tax form on its website, suggest that Jim Thorpe Association Inc may not fully meet transparency expectations. The absence of these elements could hinder stakeholder confidence and affect the nonprofit’s ability to attract support and donations going forward.
This AI summary has been generated from information found on Charity Navigator.
Is Jim Thorpe Association Inc legitimate?
Jim Thorpe Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jim Thorpe Association 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: $119,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,054
For more financial information, click here
Official website here: www.oksportshof.org
What is the mission statement of Jim Thorpe Association Inc?
The Jim Thorpe Association Inc, a 501(c)(3) non-profit organization, is dedicated to promoting excellence in various fields, including sports, academics, health, and fitness. The association seeks to honor outstanding individuals with achievement awards. Its mission extends beyond recognition, as it also strives to preserve sports heritage and foster positive lifestyles, embodying the spirit of Native American legend Jim Thorpe. The organization operates the Jim Thorpe Museum and the Oklahoma Sports Hall of Fame, both located in Oklahoma City. The museum serves to preserve the history of Jim Thorpe, both as an individual and as an athlete, and showcases the activities of the association. The central gallery of the museum, known as the Hall of Champions, celebrates the achievements of notable sports figures.
Official website here: www.oksportshof.org
Who is the CEO of Jim Thorpe Association Inc?
Frank Naifeh is the Chairman of Jim Thorpe Association Inc.
Official website here: www.oksportshof.org
What is the revenue of Jim Thorpe Association Inc?
Jim Thorpe Association Inc's revenue in 2022 was $904,711.
Official website here: www.oksportshof.org
Who are the executives of Jim Thorpe Association Inc and what are their salaries?
The average compensation at Jim Thorpe Association Inc during 2022 was $66,369. There are 5 employees and 100 volunteers at Jim Thorpe Association Inc.
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Official website here: www.oksportshof.org
Where can I find the form 990 for Jim Thorpe Association Inc?
Jim Thorpe Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oksportshof.org
Learn more at the official website: www.oksportshof.org
Mission Statement of Jim Thorpe Association Inc
The Jim Thorpe Association Inc, a 501(c)(3) charitable organization, is dedicated to fostering sports competition at both the local and national levels. They achieve this by recognizing and honoring individuals who have shown outstanding achievements in various sports. The organization's mission is deeply rooted in the spirit of Jim Thorpe, a Native American legend known for his exceptional athletic abilities.
In line with this mission, the Jim Thorpe Association works towards encouraging excellence in sports, academics, health, and fitness. They preserve our sports heritage by highlighting the achievements of notable personalities, aiming to instill pride and promote positive lifestyles. The association's efforts extend beyond just sports, as they also strive to build a sense of community and unity, embodying the values that Jim Thorpe represented.
The Jim Thorpe Association operates the Jim Thorpe Museum and the Oklahoma Sports Hall of Fame, both located in Oklahoma City. The museum serves as a testament to Jim Thorpe's life, both as an individual and an athlete. It showcases his achievements and the activities of the association. The Central Gallery of the museum, known as the Hall of Champions, is a significant space that honors notable athletes and their accomplishments in various sports.
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Impact
July, 2024
The Jim Thorpe Association Inc fosters local and national sports competition by recognizing and honoring outstanding individuals with achievement awards. Through the operation of the Jim Thorpe Museum and the Oklahoma Sports Hall of Fame in Oklahoma City, the organization preserves the history of Jim Thorpe as both an individual and an athlete. Additionally, the museum focuses on the activities of the Jim Thorpe Association, with the central gallery serving as the Hall of Champions. The association's impact lies in encouraging excellence in sports, academics, health, and fitness, preserving sports heritage, and building pride and positive lifestyles in the spirit of the Native American legend, Jim Thorpe.
This information is meant to be a general summary of Jim Thorpe Association 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: $10,073
- Program Service Revenue: $752,106
- Gross Receipts: $1,025,753
Assets and Liabilities:
- Total Assets: $3,738,051
- Total Liabilities: $0
- Net Assets: $3,738,051
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THORPE TEAM OF 100
Revenue
$225,450
THORPE AWARD
Revenue
$218,862
HALL OF FAME
Revenue
$136,900
JIM THORPE MUSEUM
Revenue
$88,054
BRIGHT PATH
Revenue
$65,840
Organization Details
Founding Year
1987
Phone
(405) 427-1400Principal Officer
Frank Naifeh
Main Address
20 SOUTH MICKEY MANTLE DRIVE, OKLAHOMA CITY, OK, 73104
Website
www.oksportshof.orgNTEE Category
Code: A50 - Arts
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