Linx Buddies Association

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

EIN: 821459668 ✦ Potomac, MD ✦ Designated as a 501(c)(3)

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Overview

What is Linx Buddies Association?

The Linx Buddies Association, located in Potomac, Maryland, is a nonprofit organization with a mission to foster and promote sport equality and inclusivity. They accomplish this by providing and supporting young tennis athletes and their families from diverse socioeconomic backgrounds, offering them a shared educational platform for training, partnerships, a social network, charity awareness, and youth leadership development. The association's work focuses on cultivating an inclusive environment for tennis enthusiasts, enabling them to grow both personally and athletically.


Official website here: www.linxtennis.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Star rating)

Linx Buddies Association has achieved a strong 90% score on Charity Navigator, reflecting its commitment to accountability and finance. This high rating indicates that the organization has effective financial practices and governance, with a fully independent board comprising five members. The absence of any material diversion of assets further emphasizes its financial integrity.

One of the notable strengths of Linx Buddies Association is its high program expense ratio of 82.60%, suggesting that a significant portion of its expenditures is directed towards its charitable programs rather than administrative costs. Additionally, the organization has robust policies in place, such as a conflict of interest policy and documentation protocols for board meetings and records retention.

However, there is a limitation concerning the absence of a whistleblower policy, which received a score of zero. This could be an area for improvement as having such a policy in place can enhance transparency and accountability in organizational operations. Overall, Linx Buddies Association demonstrates a strong foundation in financial management and governance, with opportunities to strengthen its policies further.


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

Is Linx Buddies Association legitimate?

Linx Buddies Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Linx Buddies Association 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.linxtennis.org

What is the mission statement of Linx Buddies Association?

The Linx Buddies Association was established with a mission to cultivate and advocate for youth education and leadership. This organization seeks to promote sports equality and inclusivity by offering a shared educational platform for young tennis athletes and their families, regardless of their socioeconomic backgrounds. This platform provides training instructions, opportunities for collaborative learning, a social network, charity awareness programs, and initiatives to develop youth leadership skills.


Official website here: www.linxtennis.org

Who is the CEO of Linx Buddies Association?

Derek Yan is the President/Ceo of Linx Buddies Association. The CEO's salary of Linx Buddies Association is $0 and their total compensation is $0.


Official website here: www.linxtennis.org

What is the revenue of Linx Buddies Association?

Linx Buddies Association's revenue in 2022 was $70,286.


Official website here: www.linxtennis.org

Who are the executives of Linx Buddies Association and what are their salaries?

There 17 volunteers at Linx Buddies Association.


Here are 5 key members and their salaries (Linx Buddies Association's CEO's salary is $0 and their total compensation is $0):


Derek Yan (President/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendo Lai (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Yang (Treasury)
  • Compensation: $0
  • Related: $0
  • Other: $0
Huilin Liu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erose Liu (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.linxtennis.org

Where can I find the form 990 for Linx Buddies Association?

Linx Buddies Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.linxtennis.org

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

Mission Statement of Linx Buddies Association

Linx Buddies Association, a nonprofit organization, was established with a mission to foster and promote youth education and leadership. This mission is carried out by focusing on sport equality and inclusivity. The organization provides and supports young tennis athletes and their families from diverse socioeconomic backgrounds, offering them a common educational platform. This platform includes training instructions, partnership opportunities, a social network, charity awareness, and youth leadership development. By doing so, Linx Buddies Association aims to break down barriers and create an inclusive environment where all young tennis players can thrive and develop their leadership skills.

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Impact




August, 2024

Linx Buddies Association has a significant impact on fostering and promoting youth education and leadership in the sport of tennis. By providing support to young tennis athletes and their families from diverse socioeconomic backgrounds, the organization offers a common educational platform for training, instruction, social networking, charity awareness, and youth leadership development. Through its activities, Linx Buddies Association contributes to creating a more inclusive and equal playing field for aspiring young athletes, thereby making a valuable contribution to the community.




This information is meant to be a general summary of Linx Buddies Association. 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
$70,286 (2022)
Expenses
$74,206 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $43,286
  • Gross Receipts: $70,286

Assets and Liabilities:

  • Total Assets: $8,845
  • Total Liabilities: $0
  • Net Assets: $8,845

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Programs

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

Program Fees

Revenue

$43,286

Organization Details

Founding Year

2017

Principal Officer

Derek Yan

Main Address

13317 Deerbrook Dr, Potomac, MD, 20854

NTEE Category

Code: N66 - Recreation

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