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Commonwealth Baseball Club Inc

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

EIN: 824660982 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Commonwealth Baseball Club Inc?

Commonwealth Baseball Club Inc is a nonprofit organization, primarily focused on promoting baseball as a sport. Their mission, as a booster club, is not explicitly stated in the provided information, but it generally involves supporting and fostering interest in baseball. The organization's activities or mission description is not available, likely due to the view limit imposed. However, it can be inferred that they may organize events, fundraisers, or provide resources related to baseball within their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 57% (One-Star out of Four Stars)

Commonwealth Baseball Club Inc has received a One-Star rating from Charity Navigator, indicating significant limitations in their accountability and financial practices. The overall score reflects their Accountability & Finance score, which is solely based on this category. While the charity demonstrates strengths in having a fully independent board and no material diversion of assets, these positives are overshadowed by several missing policies that are crucial for transparency and governance.

The organization scored well on its liabilities to assets ratio, showing a manageable level of debt. However, it fell short in areas such as having a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which received no points. The absence of these critical policies raises concerns about the organization's commitment to best practices in nonprofit governance.

Overall, while Commonwealth Baseball Club has some strong financial indicators, the lack of essential policies and transparency measures suggests that potential donors should approach with caution. Improving their governance framework could enhance their rating and overall effectiveness in achieving their mission.


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

Is Commonwealth Baseball Club Inc legitimate?

Commonwealth Baseball Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonwealth Baseball Club 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

What is the mission statement of Commonwealth Baseball Club Inc?

The Commonwealth Baseball Club Inc serves as a booster club, with its mission centered around promoting baseball. However, the provided information does not contain a detailed mission statement specifically outlining its goals or objectives beyond the sport. As such, a comprehensive summary cannot be provided at this time.

Who is the CEO of Commonwealth Baseball Club Inc?

David Henry is the Director of Commonwealth Baseball Club Inc.

What is the revenue of Commonwealth Baseball Club Inc?

Commonwealth Baseball Club Inc's revenue in 2022 was $475,021.

Who are the executives of Commonwealth Baseball Club Inc and what are their salaries?


Here are 5 key members and their salaries:


Chad Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Goins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannie Molloy (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Henry (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hukill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Commonwealth Baseball Club Inc?

Commonwealth Baseball Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Commonwealth Baseball Club Inc

Commonwealth Baseball Club Inc, as a baseball booster club, is dedicated to supporting the sport of baseball in an unspecified capacity. While the provided information is limited, it suggests that the club's mission is not explicitly stated in the given data. However, the activity or mission description "BASEBALL BOOSTER CLUB" implies a focus on promoting and supporting baseball-related activities. The club may provide resources, organize events, or offer training opportunities to enhance the baseball experience for its community. However, without more detailed information, a comprehensive summary of the club's mission cannot be provided.

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Impact




July, 2024

Commonwealth Baseball Club Inc's impact is significant in promoting and supporting baseball in Lexington, KY. As a booster club, they play a vital role in providing resources, funding, and encouragement to enhance the baseball experience for players in the community. Through their activities, Commonwealth Baseball Club Inc contributes to the development of baseball skills, teamwork, and sportsmanship among local players. Their efforts help create a thriving baseball community that benefits both players and fans alike.




This information is meant to be a general summary of Commonwealth Baseball Club 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
$475,021 (2022)
Expenses
$427,616 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $475,021

Assets and Liabilities:

  • Total Assets: $105,746
  • Total Liabilities: $6,795
  • Net Assets: $98,951

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Organization Details

Founding Year

2018

Principal Officer

David Henry

Main Address

1849 BLAIRMORE COURT, LEXINGTON, KY, 40502

NTEE Category

Code: N63 - Recreation

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