Overview
What is Plano Sports Authority Inc?
Plano Sports Authority Inc, also known as PSA, is a nonprofit organization based in Plano, Texas. With a team of 288 employees, PSA's primary mission is to offer and advocate for a comprehensive, year-round program encompassing supervised recreational activities. Furthermore, they are dedicated to promoting various youth sports initiatives. Through their program, PSA ensures the availability of controlled environments for recreation and fosters the growth of youth sports within their community.
Official website here: www.psaplano.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Plano Sports Authority Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The high score reflects the organization’s commitment to transparency and effective management, with a perfect score in several areas such as independent board oversight and financial statement integrity.
The charity boasts a fully independent board and has consistently shown no material diversion of assets, which is crucial for donor confidence. Their financial practices are robust, as evidenced by an impressive program expense ratio of 82.42%, suggesting that a significant portion of their funds is directed towards their mission-related activities.
However, the organization does have a liabilities to assets ratio of 55.81%, which may raise some concerns regarding financial stability. While this is not a critical issue, it highlights the importance of monitoring financial health for sustainability in the long term. Overall, Plano Sports Authority Inc demonstrates a strong level of accountability, making it a viable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Plano Sports Authority Inc legitimate?
Plano Sports Authority Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plano Sports Authority 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: $302,446
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,197,013
For more financial information, click here
Official website here: www.psaplano.org
What is the mission statement of Plano Sports Authority Inc?
Plano Sports Authority Inc. (PSA) is dedicated to offering a year-round program for supervised recreational activities and promoting various youth sports. The organization's primary goal is to provide opportunities for children to engage in sports and recreational activities under supervision. PSA's mission extends beyond just offering activities; they actively work to promote youth sports within their community. By providing a year-round program, PSA ensures that children have consistent access to these opportunities, fostering a healthy and active lifestyle. Additionally, the organization's commitment to youth sports goes beyond just managing the programs, as they strive to create a strong community around these activities.
Official website here: www.psaplano.org
Who is the CEO of Plano Sports Authority Inc?
Don Blackwood is the Executive Dir/Chairman of Plano Sports Authority Inc.
Official website here: www.psaplano.org
What is the revenue of Plano Sports Authority Inc?
Plano Sports Authority Inc's revenue in 2022 was $12,775,237.
Official website here: www.psaplano.org
Who are the executives of Plano Sports Authority Inc and what are their salaries?
The average compensation at Plano Sports Authority Inc during 2022 was $8,679. There are 288 employees and 9012 volunteers at Plano Sports Authority Inc.
Here are 5 key members and their salaries:
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- Compensation: $127,003
- Related: $0
- Other: $14,575
- Compensation: $120,736
- Related: $0
- Other: $10,973
Official website here: www.psaplano.org
Where can I find the form 990 for Plano Sports Authority Inc?
Plano Sports Authority Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.psaplano.org
Learn more at the official website: www.psaplano.org
Mission Statement of Plano Sports Authority Inc
Plano Sports Authority Inc, or PSA, is a nonprofit organization dedicated to providing and promoting a year-round program for supervised recreational activities and encouraging various youth sports initiatives. The primary focus of PSA is to create an engaging and safe environment for children and young people, offering them opportunities to participate in a range of supervised activities throughout the year. By fostering these programs, PSA aims to help develop essential skills and foster a sense of community among the participating youth.
Moreover, PSA plays a vital role in the promotion of youth sports activities. Through their initiatives, they encourage young people to engage in physical activities and develop a lifelong appreciation for sports and wellness. The organization's dedication to youth sports extends beyond the realm of traditional team sports, as they likely support a diverse range of recreational activities designed to cater to various interests and abilities. By providing these opportunities, PSA not only contributes to the personal growth and development of individual children but also fosters a sense of teamwork, sportsmanship, and camaraderie among the participants. These experiences can help shape the lives of young people, ensuring they build crucial social connections and gain the essential skills needed to thrive in their communities.
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Impact
October, 2024
Plano Sports Authority Inc. plays a significant role in the community by offering a structured environment for supervised recreational activities throughout the year. By focusing on youth sports, PSA fosters physical fitness, teamwork, and personal development among children and adolescents. The organization cultivates a sense of community, bringing together families and encouraging participation in various sports activities.
In addition to promoting healthy lifestyles, PSA helps develop essential life skills such as discipline, leadership, and resilience through its programs. These activities not only enhance the physical and mental well-being of participants but also contribute to the overall cohesion and vitality of the Plano community. Ultimately, Plano Sports Authority Inc. enriches lives and shapes the future of its young athletes.
This information is meant to be a general summary of Plano Sports Authority 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: $20,051
- Program Service Revenue: $9,591,170
- Gross Receipts: $13,166,249
Assets and Liabilities:
- Total Assets: $24,207,810
- Total Liabilities: $14,922,663
- Net Assets: $9,285,147
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$9,591,170
Organization Details
Founding Year
1971
Phone
(972) 208-3850Principal Officer
Don Blackwood
Main Address
6500 PRESTON MEADOW, PLANO, TX, 75024
Website
www.psaplano.orgNTEE Category
Code: N60Z - Recreation
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