Overview
What is 575 Sports & Wellness Inc?
575 Sports & Wellness Inc, located at 907 Oak Drive, Woodstock, GA 30189, is a small nonprofit organization that focuses on providing affordable volleyball teams and training programs for youth athletes. Their mission is to cultivate technically skilled volleyball players who are driven to compete at the highest level possible and foster a positive environment where athletes are eager to succeed and compete. The organization prides itself on supporting the growth and passion of young athletes.
Official website here: www.575volleyball.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The 54% score and One-Star rating indicate significant concerns regarding the accountability and financial health of 575 Sports & Wellness Inc. The organization lacks independent board members and has not provided essential financial statements, which raises red flags regarding transparency and governance. Furthermore, the absence of critical policies such as conflict of interest and whistleblower protections contributes to a perception of inadequate oversight.
Despite these issues, 575 Sports & Wellness Inc. displays a commendable program expense ratio of 93.42%, suggesting that the majority of its expenditures are directed towards its programs rather than administrative costs. This indicates a commitment to its mission and effective use of funds in delivering services. However, the absence of the tax form on its website and failure to post meeting minutes diminish its credibility.
Overall, while the organization appears to allocate funds towards its programs effectively, the lack of independent oversight and missing governance policies suggest that potential donors and supporters should approach with caution, considering these significant limitations in accountability.
This AI summary has been generated from information found on Charity Navigator.
Is 575 Sports & Wellness Inc legitimate?
575 Sports & Wellness Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 575 Sports & Wellness 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: $924,936
For more financial information, click here
Official website here: www.575volleyball.com/
What is the mission statement of 575 Sports & Wellness Inc?
575 Sports & Wellness Inc's mission is centered around developing highly skilled volleyball players who are driven to compete at the highest level. The organization strives to create a positive environment where athletes are passionate about achieving success and competing. Their mission, as stated at 575 Volleyball, is to foster technically adept volleyball players and encourage their pursuit of excellence. They accomplish this through affordable club volleyball teams and comprehensive training programs for youth athletes.
Official website here: www.575volleyball.com/
Who is the CEO of 575 Sports & Wellness Inc?
Jeffrey Black is the Ceo of 575 Sports & Wellness Inc. The CEO's salary of 575 Sports & Wellness Inc is $71,575 and their total compensation is $71,575.
Official website here: www.575volleyball.com/
What is the revenue of 575 Sports & Wellness Inc?
575 Sports & Wellness Inc's revenue in 2022 was $921,205.
Official website here: www.575volleyball.com/
Who are the executives of 575 Sports & Wellness Inc and what are their salaries?
The average compensation at 575 Sports & Wellness Inc during 2022 was $924,936. There is 1 employee and 40 volunteers at 575 Sports & Wellness Inc.
Here are 3 key members and their salaries (575 Sports & Wellness Inc's CEO's salary is $71,575 and their total compensation is $71,575):
- Compensation: $71,575
- Related: $0
- Other: $0
- Compensation: $71,575
- Related: $0
- Other: $0
- Compensation: $48,519
- Related: $0
- Other: $0
Official website here: www.575volleyball.com/
Where can I find the form 990 for 575 Sports & Wellness Inc?
575 Sports & Wellness Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.575volleyball.com/
Learn more at the official website: www.575volleyball.com/
Mission Statement of 575 Sports & Wellness Inc
575 Sports & Wellness Inc is dedicated to nurturing volleyball players with exceptional skills, inspiring them to compete at the highest level. Their mission is twofold: firstly, they aim to develop technically proficient volleyball players. Secondly, they strive to foster a positive environment where these athletes are motivated and passionate about achieving success and competing. Through affordable club volleyball teams and training programs, 575 Sports & Wellness Inc provides opportunities for youth athletes to hone their skills and reach their full potential in the sport.
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Impact
July, 2024
575 Sports & Wellness Inc makes a significant impact by developing technically skilled volleyball players who are motivated to compete at the highest level. By offering affordable club volleyball teams and training programs for youth athletes, the organization creates a positive atmosphere where athletes are driven to succeed and excel in their sport. Through their mission to nurture skilled players and foster competitiveness, 575 Sports & Wellness Inc contributes to the personal growth and athletic development of individuals in Woodstock, GA. Their focus on recreation and sports not only enhances the skills of young athletes but also promotes a culture of dedication and passion within the community.
This information is meant to be a general summary of 575 Sports & Wellness 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$57,998
- Program Service Revenue: $979,203
- Gross Receipts: $1,121,205
Assets and Liabilities:
- Total Assets: $71,583
- Total Liabilities: $3,606
- Net Assets: $67,977
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLUB SEASON DUES
Revenue
$916,976
CAMPS
Revenue
$33,107
TOURNAMENTS
Revenue
$25,430
PROGRAM INCOME
Revenue
$3,000
CLINIC FEES
Revenue
$690
Organization Details
Founding Year
2017
Phone
(770) 685-4565Principal Officer
Jeffrey Black
Main Address
907 OAK DRIVE, WOODSTOCK, GA, 30189
Website
www.575volleyball.com/NTEE Category
Code: N40 - Recreation
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