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Bslt Triathlon Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752700069 ✦ Ransom canyon, TX ✦ Designated as a 501(c)(3)

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Overview

What is Bslt Triathlon Inc?

Bslt Triathlon Inc, located in Ransom Canyon, Texas, is a nonprofit organization that specializes in organizing and hosting multi-sport races. Their primary mission is to generate funds for youth organizations, with a particular focus on Family Outreach of Lubbock, TX Youth Triathlon. These events cater to various age groups and youth triathletes, aiming to promote physical activity and camaraderie among participants. The organization's events serve as a valuable source of support for youth programs, contributing positively to the local community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star Rating.

Bslt Triathlon Inc demonstrates strong accountability and financial health, as evidenced by its impressive score of 83%. This rating reflects a commitment to transparency and governance, with 100% of its board members being independent. The charity excels in several categories, including a perfect score for its program expense ratio, indicating that it allocates all its resources toward its mission-driven activities.

The organization maintains a solid financial structure, evidenced by its 0.00% liabilities to assets ratio, suggesting no outstanding debts. Additionally, it has policies in place to manage conflicts of interest and ensures that board meeting minutes are documented and available. The proactive approach to transparency, including posting the tax form on its website, further enhances its credibility.

While the overall rating is positive, the charity's reliance on a single beacon score may limit the breadth of its assessment. Future evaluations could benefit from a more comprehensive analysis of its impact and outreach efforts. Overall, Bslt Triathlon Inc appears to be a well-managed nonprofit with a strong focus on accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Bslt Triathlon Inc legitimate?

Bslt Triathlon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bslt Triathlon 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bslt Triathlon Inc?

Bslt Triathlon Inc's mission is centered around organizing and conducting multi-sport racing events. The primary aim of these events is to raise funds and provide support for various youth organizations. One of the primary beneficiaries of these events is the Family Outreach of Lubbock, TX Youth Triathlon. The organization's activities primarily focus on promoting physical fitness and competition among age group and youth triathletes.

Who is the CEO of Bslt Triathlon Inc?

Unavailable

What is the revenue of Bslt Triathlon Inc?

Bslt Triathlon Inc's revenue in 2023 was $39,615.

Who are the executives of Bslt Triathlon Inc and what are their salaries?


Here are 3 key members and their salaries:


Mark Garland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Weiland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marti Greer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bslt Triathlon Inc?

Bslt Triathlon Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Bslt Triathlon Inc

Bslt Triathlon Inc, as a nonprofit organization, is dedicated to creating and hosting multi-sport racing events. The primary goal of these events is to raise funds and provide support for youth organizations. Among the beneficiaries of Bslt Triathlon Inc's initiatives is the Family Outreach of Lubbock,TX Youth Triathlon. By organizing and producing such events, Bslt Triathlon Inc contributes to the well-being and development of young individuals, offering opportunities for both age group and youth triathletes.

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Impact




August, 2024

Bslt Triathlon Inc's impact is evident through its dedication to originating and producing multi-sport racing events that benefit youth organizations. Their focus on organizing triathlons for age group and youth athletes reflects a commitment to promoting athleticism and healthy competition among the younger population. By supporting initiatives like the Family Outreach of Lubbock, TX Youth Triathlon, Bslt Triathlon Inc is actively contributing to the development and well-being of young individuals in the community. Through their efforts, they are not only fostering a love for sports but also encouraging positive values such as teamwork, perseverance, and physical fitness.




This information is meant to be a general summary of Bslt Triathlon 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.

Revenue
$39,615 (2023)
Expenses
$37,658 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $39,615
  • Gross Receipts: $39,615

Assets and Liabilities:

  • Total Assets: $18,990
  • Total Liabilities: $0
  • Net Assets: $18,990

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EVENT ENTRY FEES

Revenue

$39,615

Organization Details

Founding Year

1997

Main Address

36 E LAKESHORE DR, RANSOM CANYON, TX, 79366

NTEE Category

Code: N70 - Recreation

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