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Coaches For The Kids Inc

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

EIN: 821164766 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Coaches For The Kids Inc?

Coaches For The Kids Inc, a 501(c)(3) charitable organization based in Lexington, Kentucky, is committed to supporting the University of Kentucky Children's Hospital in its mission to aid sick children across the Commonwealth. By tapping into community resources, Coaches For The Kids Foundation provides essential leadership, support, and financial backing through various events. Their mission is to create partnerships that strengthen the hospital's ability to deliver quality care and assist in the recovery of young patients.


Official website here: www.coachesforthekids.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Coaches For The Kids Inc has received a two-star rating from Charity Navigator, indicating a need for improvement with an overall score of 62%. The organization demonstrates some strengths, particularly in its program expense ratio, which stands at nearly 80%, suggesting a commitment to directing funds towards its mission. Additionally, they have effectively managed their liabilities, maintaining a ratio of 0.00%, reflecting good financial health in that aspect.

However, the organization faces significant concerns regarding governance and transparency. Notably, there are no independent board members, which raises questions about accountability. Furthermore, the absence of financial statements is a critical limitation, as it hinders potential donors from making informed decisions. While some policies like conflict of interest and document retention are in place, the lack of a whistleblower policy further underscores the need for improved governance practices.

Overall, while Coaches For The Kids Inc shows dedication towards its mission through its program spending, it is essential for the organization to enhance its governance framework and financial transparency to build trust and attract support from the community.


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

Is Coaches For The Kids Inc legitimate?

Coaches For The Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coaches For The Kids 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


Official website here: www.coachesforthekids.org

What is the mission statement of Coaches For The Kids Inc?

Coaches For The Kids Inc. is a charitable organization, classified as a 501(c)(3), committed to establishing partnerships to support the University of Kentucky Children's Hospital. Their primary objective is to leverage community resources to provide leadership, support, and financial backing through various events. This aid is aimed at helping the hospital accomplish its mission of assisting sick children across the Commonwealth of Kentucky. By doing so, Coaches For The Kids Inc. aims to contribute significantly to the health and well-being of these children.


Official website here: www.coachesforthekids.org

Who is the CEO of Coaches For The Kids Inc?

Ralph Coldiron is the President of Coaches For The Kids Inc.


Official website here: www.coachesforthekids.org

What is the revenue of Coaches For The Kids Inc?

Coaches For The Kids Inc's revenue in 2022 was $798,082.


Official website here: www.coachesforthekids.org

Who are the executives of Coaches For The Kids Inc and what are their salaries?

There 25 volunteers at Coaches For The Kids Inc.


Here are 14 key members and their salaries:


Ralph Coldiron (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Mulligan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Merida (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Welch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Francis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Tamme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Couch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Jarmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Stover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Pruitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preston Worley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Clemons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.coachesforthekids.org

Where can I find the form 990 for Coaches For The Kids Inc?

Coaches For The Kids Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.coachesforthekids.org

Learn more at the official website: www.coachesforthekids.org

Mission Statement of Coaches For The Kids Inc

Coaches For The Kids Foundation, a charitable 501(c)(3) organization, is committed to creating partnerships to support the University of Kentucky Children's Hospital. This nonprofit taps into community resources to provide leadership, support, and financial backing, primarily through organizing events. The ultimate goal is to aid the children's hospital in its mission of assisting sick children across Kentucky. By collaborating with the community and leveraging resources effectively, Coaches For The Kids Foundation strives to make a significant impact in improving the health and well-being of children in need.

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Impact




July, 2024

Coaches For The Kids Inc's impact can be seen in its dedication to creating partnerships that support the University of Kentucky Children's Hospital. Through various events and initiatives, the organization provides leadership, support, and financial backing to help the hospital in its mission of helping sick children throughout Kentucky. By tapping into community resources and fostering philanthropic efforts, Coaches For The Kids Inc is making a significant difference in the lives of children in need within the Commonwealth of Kentucky.




This information is meant to be a general summary of Coaches For The Kids 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
$798,082 (2022)
Expenses
$773,282 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $798,082

Assets and Liabilities:

  • Total Assets: $79,000
  • Total Liabilities: $0
  • Net Assets: $79,000

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Organization Details

Founding Year

2017

Principal Officer

Ralph Coldiron

Main Address

2421 MEMBERS WAY, LEXINGTON, KY, 40504

NTEE Category

Code: T30 - Philanthropy

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