Overview
What is Greensboro Sports Foundation?
The Greensboro Sports Foundation is a nonprofit organization situated in Greensboro, North Carolina, specifically at 2411 W Gate City Blvd. Their primary mission is to foster and promote amateur sports competitions in the Greensboro-Guilford County and Piedmont Triad area. This includes hosting various sports events, such as Atlantic Coast Conference games and events, regular season and post-season college games sanctioned by the National Collegiate Athletic Association, and other collegiate and sporting events. Additionally, the foundation aims to enhance Greensboro's reputation as "Tournament Town" and develop strategic partnerships to better position the city for major sports events. The organization currently employs a team of four individuals.
Official website here: www.https: //greensborosf.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Greensboro Sports Foundation has received a 73% rating from Charity Navigator, indicating a modest level of operational effectiveness and accountability. The organization excels in several areas, including a fully independent board and an impressive program expense ratio of 98.32%, which suggests that the majority of its funds are directed toward its programs rather than administrative costs.
However, there are notable limitations in the accountability measures of the Greensboro Sports Foundation. While it has scored full marks in several governance aspects, it lacks a whistleblower policy and has not established a document retention and destruction policy, both of which are critical for transparency and ethical management. These shortcomings may raise concerns for potential donors regarding the organization's long-term sustainability and adherence to best practices in nonprofit governance.
This AI summary has been generated from information found on Charity Navigator.
Is Greensboro Sports Foundation legitimate?
Greensboro Sports Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greensboro Sports Foundation 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: $108,943
For more financial information, click here
Official website here: www.https: //greensborosf.com
What is the mission statement of Greensboro Sports Foundation?
The Greensboro Sports Foundation's mission is to enhance the reputation of its area as a tournament town. It achieves this by developing strategic partnerships, promoting amateur athletic events, and hosting major sports events. The organization supports national and other sports competitions in the region, including Atlantic Coast Conference games and events, regular-season and post-season college games, and other collegiate and non-collegiate sporting events. Additionally, it contributes to charitable purposes, furthering its commitment to the local sports community.
Official website here: www.https: //greensborosf.com
Who is the CEO of Greensboro Sports Foundation?
Richard Beard is the President of Greensboro Sports Foundation.
Official website here: www.https: //greensborosf.com
What is the revenue of Greensboro Sports Foundation?
Greensboro Sports Foundation's revenue in 2022 was $660,944.
Official website here: www.https: //greensborosf.com
Who are the executives of Greensboro Sports Foundation and what are their salaries?
The average compensation at Greensboro Sports Foundation during 2022 was $27,236. There are 4 employees and 1000 volunteers at Greensboro Sports Foundation.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.https: //greensborosf.com
Where can I find the form 990 for Greensboro Sports Foundation?
Greensboro Sports Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.https: //greensborosf.com
Learn more at the official website: www.https: //greensborosf.com
Mission Statement of Greensboro Sports Foundation
Greensboro Sports Foundation, a nonprofit organization, is dedicated to promoting amateur athletic events in various capacities. The primary objective of this foundation is to enhance Greensboro's reputation as a "Tournament Town" and establish a strong organization capable of forming strategic partnerships. By doing so, Greensboro Sports Foundation aims to effectively execute major sports events.
The foundation fosters national amateur and other sports competitions in the Greensboro-Guilford County and Piedmont Triad, North Carolina area. This includes hosting Atlantic Coast Conference games and events, regular-season and post-season college games and events sanctioned by the National Collegiate Athletic Association, and various collegiate and other sporting events and amateur and other sports competitions. Moreover, Greensboro Sports Foundation is involved in charitable purposes, contributing to the community and providing opportunities for athletes and sports enthusiasts.
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Impact
July, 2024
The Greensboro Sports Foundation plays a crucial role in promoting and hosting national amateur and other sports competitions in Greensboro, NC. By fostering events such as Atlantic Coast Conference games, college games sanctioned by the NCAA, and various collegiate and other sporting events, the organization contributes to the vibrant sports culture of the Greenboro-Guilford County and Piedmont Triad area. Its mission to enhance Greensboro's reputation as Tournament Town and develop strategic partnerships underscores its commitment to positioning Greensboro as a premier destination for major sports events.
This information is meant to be a general summary of Greensboro Sports Foundation. 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.
- Investment Income: $943
- Program Service Revenue: $332,680
- Gross Receipts: $660,944
Assets and Liabilities:
- Total Assets: $1,088,434
- Total Liabilities: $2,023
- Net Assets: $1,086,411
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE
Revenue
$115,000
NCAA REIMUBURSEMENTS
Revenue
$105,516
LOCAL ORG COM REV
Revenue
$58,314
COMMISSIONERS DINNER
Revenue
$41,300
HOTEL REBATE REIMBURSEMENTS
Revenue
$12,550
Organization Details
Founding Year
2017
Phone
(336) 299-4321Principal Officer
Richard Beard
Main Address
2411 W GATE CITY BLVD, GREENSBORO, NC, 27403
NTEE Category
Code: N70 - Recreation
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