Overview
What is Gold Crown Foundation?
Gold Crown Foundation, based in Denver, Colorado, is a nonprofit organization situated at 1743 Wazee St 300. Its mission is to offer opportunities and education to youth and the community through sports and enrichment programs. The organization operates the Field House and All-Star Park, which have been utilized by around 500,000 individuals in 2021. These facilities serve as a shared space for community organizations and the foundation's programs. The Gold Crown Foundation's activities are geared towards fostering personal growth and development in the local community.
Official website here: www.goldcrownfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
The Gold Crown Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization boasts a perfect score in several categories, indicating effective management practices, including a fully independent board and robust financial oversight.
Strengths highlighted include excellent financial ratios, such as a program expense ratio of 77.41%, which demonstrates that a significant portion of its funds is directed towards programs rather than administrative costs. Additionally, the foundation maintains a low liabilities to assets ratio and efficient fundraising practices, indicating that it utilizes its resources effectively.
There are no noted limitations in the data, suggesting that the Gold Crown Foundation operates transparently and responsibly, with no material diversions of assets or conflicts of interest. Overall, the foundation appears to be a well-managed nonprofit with a strong emphasis on ethical governance and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Gold Crown Foundation legitimate?
Gold Crown Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gold Crown Foundation 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: $203,364
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,096,127
For more financial information, click here
Official website here: www.goldcrownfoundation.com
What is the mission statement of Gold Crown Foundation?
The Gold Crown Foundation's mission is centered around providing opportunities and education to both youth and the community through the medium of sports and enrichment programs. The organization operates with the goal of utilizing these activities to foster growth and learning within its community. The Foundation operates facilities like the Field House and All-Star Park, which are accessible to various community organizations and foundation programs. In 2021, approximately 500,000 individuals utilized these facilities.
Official website here: www.goldcrownfoundation.com
Who is the CEO of Gold Crown Foundation?
Kevin Petty is the Chairman of Gold Crown Foundation. The CEO's salary of Gold Crown Foundation is $64,000 and their total compensation is $67,688.
Official website here: www.goldcrownfoundation.com
What is the revenue of Gold Crown Foundation?
Gold Crown Foundation's revenue in 2022 was $4,378,118.
Official website here: www.goldcrownfoundation.com
Who are the executives of Gold Crown Foundation and what are their salaries?
The average compensation at Gold Crown Foundation during 2022 was $20,960. There are 62 employees and 1750 volunteers at Gold Crown Foundation.
Here are 12 key members and their salaries (Gold Crown Foundation's CEO's salary is $64,000 and their total compensation is $67,688):
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- Compensation: $64,000
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- Other: $3,688
- Compensation: $139,364
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- Other: $22,554
Official website here: www.goldcrownfoundation.com
Where can I find the form 990 for Gold Crown Foundation?
Gold Crown Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goldcrownfoundation.com
Learn more at the official website: www.goldcrownfoundation.com
Mission Statement of Gold Crown Foundation
The Gold Crown Foundation, as its name suggests, is dedicated to providing opportunities and fostering education within the youth and broader community through the medium of sports and enrichment programs. This nonprofit organization operates with a mission to offer a platform for community organizations and its own programs, encouraging personal growth and learning through these activities. In 2021, approximately half a million individuals had the chance to utilize their facilities, showcasing the reach and impact of their mission.
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Impact
July, 2024
Gold Crown Foundation provides opportunities and educates youth and the community through sports and enrichment programs. The organization operates the Field House and All-Star Park in Denver, Colorado, making these facilities available for use by community organizations and foundation programs. In 2021, approximately 500,000 individuals utilized these facilities, highlighting the significant impact of Gold Crown Foundation in providing accessible sports and enrichment opportunities to the community. Their mission focuses on empowering youth and the community through sports and education, embodying the values of philanthropy and community engagement.
This information is meant to be a general summary of Gold Crown Foundation. 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: -$56,919
- Program Service Revenue: $1,884,289
- Gross Receipts: $4,595,550
Assets and Liabilities:
- Total Assets: $9,844,789
- Total Liabilities: $677,975
- Net Assets: $9,166,814
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BASKETBALL REVENUE
Revenue
$1,333,879
FACILITY RENTALS
Revenue
$359,850
VOLLEYBALL REVENUE
Revenue
$132,665
GOLF REVENUE
Revenue
$45,279
OFFICIATING REVENUE
Revenue
$12,616
Organization Details
Founding Year
1986
Phone
(303) 773-1442Principal Officer
Kevin Petty
Main Address
1743 WAZEE ST 300, DENVER, CO, 80202
Website
www.goldcrownfoundation.comNTEE Category
Code: T22 - Philanthropy
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