Overview
What is Alburnett Athletic Booster Club?
The Alburnett Athletic Booster Club is a nonprofit organization that was established with a primary focus on supporting the local athletic programs at Alburnett. They achieve this goal through fundraising initiatives, aiming to create a lively and enthusiastic atmosphere around the athletics. The club is also involved in selling merchandise and spirit wear, further contributing to the support of Alburnett athletics. Their mission is to bolster the athletic department financially, thereby enhancing the overall experience for both the athletes and the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
The Alburnett Athletic Booster Club has received a low rating of 53%, indicating significant areas of concern in accountability and financial transparency. The organization has not demonstrated an independent board, with 0% independent members, which raises questions about governance and oversight. While it maintains a strong program expense ratio of 88.44%, showcasing that the majority of funds are directed towards programs, key policies related to governance, such as conflict of interest and whistleblower policies, are notably missing.
The organization's lack of an independent board and missing governance policies detracts from its overall accountability score, contributing to its one-star rating. Although there are no reported issues with material diversions of assets, the absence of policies essential for ethical operations could hinder trust among stakeholders. Furthermore, the website is not listed on tax forms, and critical documents like annual tax forms are not posted online, further affecting transparency.
In summary, while the Alburnett Athletic Booster Club effectively allocates a significant portion of its resources towards its programs, its governance and accountability practices require substantial improvement. Building a more independent board and implementing essential policies could enhance the trust and credibility of the organization moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Alburnett Athletic Booster Club legitimate?
Alburnett Athletic Booster Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alburnett Athletic Booster Club 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 Alburnett Athletic Booster Club?
The Alburnett Athletic Booster Club was established with a mission to support the athletic activities of Alburnett through fundraising efforts. Their primary goal is to foster a lively atmosphere around sports events. Additionally, they offer merchandise and spirit wear to engage the community and raise funds for the athletic program. The club aims to generate funds and promote a sense of unity and support for the sports teams in Alburnnett.
Who is the CEO of Alburnett Athletic Booster Club?
Stacy Franklin is the President of Alburnett Athletic Booster Club.
What is the revenue of Alburnett Athletic Booster Club?
Alburnett Athletic Booster Club's revenue in 2022 was $172,384.
Who are the executives of Alburnett Athletic Booster Club and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 Alburnett Athletic Booster Club?
Alburnett Athletic Booster Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alburnett Athletic Booster Club
The Alburnett Athletic Booster Club was established with a mission to support the athletic activities within the Alburnett community. This organization primarily focuses on fundraising efforts to enhance the athletic experience for the participants. Beyond just fundraising, the Alburnett Athletic Booster Club also aims to foster a lively atmosphere, selling merchandise and spirit wear to engage the community and boost school spirit.
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Impact
October, 2024
The Alburnett Athletic Booster Club significantly enhances the athletic experience for students in Alburnett, Iowa, by providing vital support through fundraising efforts. This organization fosters a spirited atmosphere that promotes community engagement and student participation in sports. Through the sale of merchandise and spirit wear, the Booster Club not only raises funds for athletic programs but also helps to cultivate school pride and unity among students, parents, and local supporters. Their commitment to supporting Alburnett athletics ensures that student-athletes have the resources they need to succeed both on and off the field.
This information is meant to be a general summary of Alburnett Athletic Booster Club. 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.
- Program Service Revenue: $171,037
- Gross Receipts: $172,384
Assets and Liabilities:
- Total Assets: $82,004
- Total Liabilities: $0
- Net Assets: $82,004
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APPAREL SALES
Revenue
$19,186
CONCESSIONS SERVICES
Revenue
$126,596
SPORTS RELATED EVENTS
Revenue
$25,255
Organization Details
Founding Year
2017
Principal Officer
Stacy Franklin
Main Address
PO BOX 132, ALBURNETT, IA, 52202
NTEE Category
Code: B11 - Education
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