Overview
What is Socal Athletics Inc?
Socal Athletics Inc, based in San Marcos, California, is a nonprofit organization primarily focused on volleyball youth athletics. With a team of five dedicated individuals, Socal Athletics Inc fosters, manages, promotes, and supports volleyball activities. The organization collects tuition fees to cover expenses related to volleyball tournaments and practices. Their mission extends beyond just providing a platform for competition; they are committed to nurturing the growth and development of young athletes in volleyball.
What are the reviews and ratings of this charity?
Charity Navigator rates Socal Athletics Inc with a score of 40%, resulting in a Zero-Star out of Four Star rating. This low score indicates significant concerns regarding the organization's accountability and financial practices. The Accountability & Finance Score is particularly troubling, with zero independent board members and a lack of financial statements, which raises red flags about governance and transparency.
Despite these issues, Socal Athletics Inc demonstrates a strong commitment to its programs, as evidenced by a Program Expense Ratio of 79.59%. This suggests that a substantial portion of their expenditures is directed towards their mission-driven activities, which is a positive aspect of their operation. Additionally, they scored well in the Culture & Community and Equity Strategies categories, reflecting an engagement with community initiatives and an equitable approach to their programs.
However, the absence of key governance policies, financial disclosures, and independent oversight limits stakeholders' ability to assess the organization's overall health and effectiveness. The high liabilities to assets ratio of 217.72% further indicates potential financial instability, making it crucial for Socal Athletics Inc to improve its accountability practices to regain public trust and enhance its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Socal Athletics Inc legitimate?
Socal Athletics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Socal Athletics 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: $243,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,314
For more financial information, click here
What is the mission statement of Socal Athletics Inc?
Socal Athletics Inc's mission is centered around fostering, managing, and promoting volleyball youth athletics. The organization supports this mission by organizing competitions, managing the sport, and promoting its growth among young athletes. The primary activity of Socal Athletics Inc is to facilitate volleyball programs, with tuition fees collected to cover the expenses associated with tournaments and practices.
Who is the CEO of Socal Athletics Inc?
Scott Phillips is the President of Socal Athletics Inc.
What is the revenue of Socal Athletics Inc?
Socal Athletics Inc's revenue in 2022 was $2,400,115.
Who are the executives of Socal Athletics Inc and what are their salaries?
The average compensation at Socal Athletics Inc during 2022 was $75,479. There are 5 employees at Socal Athletics Inc.
Here are 2 key members and their salaries:
- Compensation: $141,550
- Related: $0
- Other: $0
- Compensation: $101,533
- Related: $0
- Other: $0
Where can I find the form 990 for Socal Athletics Inc?
Socal Athletics Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Socal Athletics Inc
Socal Athletics Inc, a nonprofit organization, is dedicated to fostering, managing, and promoting volleyball youth athletics. Their primary mission is to support this particular sport, ensuring its growth and development among young athletes. The organization collects tuition fees, which are utilized to cover the expenses associated with volleyball tournaments and practices, thereby providing ample opportunities for these young individuals to hone their skills and compete against their peers.
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Impact
July, 2024
Socal Athletics Inc has a significant impact on the youth athletic community in San Marcos, CA, by fostering, promoting, and managing competitive volleyball programs. Through their dedicated efforts, they provide opportunities for young athletes to develop their skills, compete in tournaments, and foster a love for the sport. These initiatives not only contribute to the physical well-being of the participants but also instill values like teamwork, commitment, and discipline. Socal Athletics Inc plays a vital role in shaping the next generation of volleyball players and promoting a healthy and active lifestyle among youth in the community.
This information is meant to be a general summary of Socal Athletics 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.
- Program Service Revenue: $2,241,376
- Gross Receipts: $2,608,312
Assets and Liabilities:
- Total Assets: $265,731
- Total Liabilities: $595,329
- Net Assets: -$329,598
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VB ATHLETIC PROGRAMS
Revenue
$2,193,950
FACILITY USE
Revenue
$47,426
Organization Details
Founding Year
2007
Phone
(760) 477-7547Principal Officer
Scott Phillips
Main Address
1482 LA MIRADA, SAN MARCOS, CA, 92078
NTEE Category
Code: N60 - Recreation
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