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Heart Of A Champion

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

EIN: 752721125 ✦ Southlake, TX ✦ Designated as a 501(c)(3)

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Overview

What is Heart Of A Champion?

Heart of Champion is a nonprofit organization situated in Southlake, Texas. Their primary mission is to provide character education to young individuals, teaching them how to integrate positive virtues and qualities into their lives to positively impact their families and communities. They accomplish this through various means, such as sports, history, arts, and other areas. In addition, they offer a redirection and reentry curriculum for troubled youth, as well as mentoring and support services. Their goal is to transform culture by educating, motivating, and empowering essential groups, including students, teachers, families, and communities, to foster personal development, high levels of performance, and maximum impact.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Zero-Star out of Four Star rating (40%)

Heart Of A Champion has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its financial practices and transparency. The organization has an Accountability & Finance Score of only 33, highlighting deficiencies in financial reporting and compliance. While the nonprofit boasts a strong independent board with 85% of its members being independent, it fails to meet critical standards in areas such as financial statements, conflict of interest policies, and essential operational documents.

Despite these shortcomings, the organization does have notable strengths, particularly in its leadership and adaptability, achieving perfect scores in these categories. However, the lack of proper financial documentation and policies raises red flags about its overall governance. The high liabilities to assets ratio at 69.39% further complicates its financial health, indicating that a significant portion of its assets are tied up in liabilities.

Overall, while Heart Of A Champion demonstrates strong leadership qualities and a strategic approach, the lack of financial transparency and accountability severely undermines its credibility and effectiveness as a nonprofit. Potential donors and stakeholders should exercise caution and seek further information before contributing.


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

Is Heart Of A Champion legitimate?

Heart Of A Champion is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heart Of A Champion 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: $860,634

For more financial information, click here

What is the mission statement of Heart Of A Champion?

Heart of Champion's mission is to transform societal culture by educating, motivating, and empowering individuals who play significant roles in a person's lifelong development, including students, teachers, families, and groups. This organization uses sports, history, arts, and other areas to promote positive virtues and character qualities. In addition, Heart of Champion provides a curriculum for troubled youth seeking redirection and reentry, as well as mentoring and support services. The ultimate goal is to enable these individuals to perform at high levels and make a positive impact on their families and communities.

Who is the CEO of Heart Of A Champion?

Steve Riach is the Director of Heart Of A Champion.

What is the revenue of Heart Of A Champion?

Heart Of A Champion's revenue in 2022 was $1,112,495.

Who are the executives of Heart Of A Champion and what are their salaries?


Here are 7 key members and their salaries:


Greg Capson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Christman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Nichter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Reynolds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Riach (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Starr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Heart Of A Champion?

Heart Of A Champion's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Heart Of A Champion

Heart of a Champion is an educational support organization with a mission to transform culture by educating, motivating, and empowering individuals who play crucial roles in lifelong personal development, high levels of performance, and maximum impact. Specifically, this nonprofit focuses on students, teachers, families, and groups, utilizing sports, history, arts, and other fields to promote positive virtues and character qualities. In addition, Heart of a Champion offers redirection and reentry curriculum for troubled youth, as well as mentoring and support services. The ultimate goal of this organization is to help young people integrate these qualities into their lives, enabling them to make a positive impact on their families and communities.

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Impact




July, 2024

Heart of A Champion has a significant impact on young people, families, and communities by providing character education and promoting positive virtues and character qualities. Through its educational support programs, this organization helps young individuals in redefining their lives and making a positive impact on society. By integrating sports, history, arts, and other areas into its curriculum, Heart of a Champion equips troubled youth with the necessary tools for reentry and redirection. Additionally, the mentoring and support services offered by the organization contribute to the transformation of culture by empowering students, teachers, families, and groups for lifetime personal development, high levels of performance, and maximum impact.




This information is meant to be a general summary of Heart Of A Champion. 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
$1,112,495 (2022)
Expenses
$1,405,398 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,637
  • Program Service Revenue: $21,146
  • Gross Receipts: $1,125,992

Assets and Liabilities:

  • Total Assets: $417,725
  • Total Liabilities: $289,878
  • Net Assets: $127,847

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Programs

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

PROGRAM FEES

Revenue

$21,146

Organization Details

Principal Officer

Steve Riach

Main Address

PO BOX 92790, SOUTHLAKE, TX, 76092

NTEE Category

Code: N63 - Recreation

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