Overview
What is A Toi Bravo A Nj Nonprofit Corporation?
A Toi Bravo A NJ Nonprofit Corporation, located in Lake Hiawatha, New Jersey, is a dedicated sports club primarily focused on fostering figure skating among children in the United States. This nonprofit organization aims to provide its members with top-notch figure skating training. Established at 218 River Drive, they are committed to promoting the sport and offering world-class training to its members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (58%)
A Toi Bravo A Nj Nonprofit Corporation has received a 1-Star out of Four Star rating from Charity Navigator, indicating a low overall score of 58%. This rating is based solely on accountability and finance metrics, where the organization shows strengths such as a fully independent board and effective documentation of board meeting minutes. Additionally, the program expense ratio is notably high at 96.11%, suggesting that a significant majority of its expenditures are directed towards its programs.
However, the organization faces serious concerns regarding its financial sustainability, as indicated by a liabilities to assets ratio of 157.93%, which reflects a potentially dangerous level of debt relative to its assets. While it has demonstrated responsible governance practices, the financial metrics may raise red flags for potential donors about the organization's long-term viability.
Overall, while A Toi Bravo A Nj Nonprofit Corporation exhibits strong governance and an emphasis on program spending, the alarming liabilities issue needs to be addressed to improve its financial health and overall rating in the eyes of funders and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is A Toi Bravo A Nj Nonprofit Corporation legitimate?
A Toi Bravo A Nj Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Toi Bravo A Nj Nonprofit Corporation 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 A Toi Bravo A Nj Nonprofit Corporation?
A Toi Bravo A Nj Nonprofit Corporation's mission is to establish a sports club, focusing on promoting figure skating within the United States. Their primary objective is to offer top-tier figure skating training to its members. The club aims to foster the love for figure skating and nurture the skills of young participants, contributing to the growth and development of the sport in the country.
Who is the CEO of A Toi Bravo A Nj Nonprofit Corporation?
Oleg Bliakhman is the President of A Toi Bravo A Nj Nonprofit Corporation.
What is the revenue of A Toi Bravo A Nj Nonprofit Corporation?
A Toi Bravo A Nj Nonprofit Corporation's revenue in 2023 was $45,750.
Who are the executives of A Toi Bravo A Nj Nonprofit Corporation and what are their salaries?
There 3 volunteers at A Toi Bravo A Nj Nonprofit Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for A Toi Bravo A Nj Nonprofit Corporation?
A Toi Bravo A Nj Nonprofit Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of A Toi Bravo A Nj Nonprofit Corporation
A Toi Bravo A Nj Nonprofit Corporation, as its name suggests, is dedicated to promoting figure skating among children in the United States. The organization's mission is to provide its members with world-class figure skating training. It aims to foster a sport club environment where children can develop their skills and passion for figure skating. The nonprofit corporation's activities are geared towards nurturing young talents in the art of figure skating.
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Impact
August, 2024
A Toi Bravo is making a significant impact by providing world-class figure skating training to children in the United States, specifically in Lake Hiawatha, NJ. By offering this sport club for children, A Toi Bravo is helping to promote figure skating and providing young athletes with the opportunity to excel in this discipline. Their mission to advance figure skating among children is not only fostering athletic development but also promoting recreation and healthy lifestyles among the youth.
This information is meant to be a general summary of A Toi Bravo A Nj Nonprofit Corporation. 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 2023.
- Program Service Revenue: $45,750
- Gross Receipts: $45,750
Assets and Liabilities:
- Total Assets: $882
- Total Liabilities: $1,393
- Net Assets: -$511
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING REVENUES
Revenue
$45,750
Organization Details
Founding Year
2016
Phone
(973) 960-5464Principal Officer
Oleg Bliakhman
Main Address
218 RIVER DRIVE, LAKE HIAWATHA, NJ, 07034
NTEE Category
Code: N68 - Recreation
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