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Key West Track & Field 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: 825120106 ✦ Key west, FL ✦ Designated as a 501(c)(3)

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Overview

What is Key West Track & Field Club Inc?

Key West Track & Field Club Inc is a charitable organization situated in Key West, Florida, specifically at 714 Southard Street. Their primary mission is to generate funds for the Key West High School track team and contribute to the promotion and growth of track and field sports within the Lower Keys region. The organization is dedicated to supporting the local high school team and fostering an interest in athletics within the community.


Official website here: www.kwtfc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86%

The Key West Track & Field Club Inc has received a Three-Star out of Four Star rating for its overall performance, indicating a solid level of accountability and finance. The organization excels in several areas, including having a fully independent board and a commendable program expense ratio of 91.68%, which suggests that a significant portion of its funds is directed toward its mission-related activities.

However, there are areas for improvement, particularly concerning governance policies. The club is noted to be missing a conflict of interest policy and a document retention and destruction policy, which may raise concerns about transparency and best practices. Nonetheless, the presence of a whistleblower policy and documented board meeting minutes points to some commitment to governance.

Overall, while the Key West Track & Field Club Inc demonstrates strong financial health and effective program expenditures, addressing governance policy gaps could enhance its credibility and operational effectiveness within the nonprofit community.


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

Is Key West Track & Field Club Inc legitimate?

Key West Track & Field Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Key West Track & Field 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


Official website here: www.kwtfc.org

What is the mission statement of Key West Track & Field Club Inc?

The Key West Track & Field Club Inc's mission is focused on raising funds to support the Key West High School track team and promote track and field within the lower keys. This non-profit organization's primary goal is to contribute financially to the high school's track team and foster the growth of the sport in the surrounding areas.


Official website here: www.kwtfc.org

Who is the CEO of Key West Track & Field Club Inc?

Steve Hanes is the President of Key West Track & Field Club Inc.


Official website here: www.kwtfc.org

What is the revenue of Key West Track & Field Club Inc?

Key West Track & Field Club Inc's revenue in 2022 was $24,323.


Official website here: www.kwtfc.org

Who are the executives of Key West Track & Field Club Inc and what are their salaries?

There 60 volunteers at Key West Track & Field Club Inc.


Here are 3 key members and their salaries:


Steve Hanes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Bauer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Bookout (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kwtfc.org

Where can I find the form 990 for Key West Track & Field Club Inc?

Key West Track & Field Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kwtfc.org

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

Mission Statement of Key West Track & Field Club Inc

Key West Track & Field Club Inc is dedicated to raising funds for the Key West High School track team and promoting track and field within the lower keys. Their mission is to provide support for this sport, ensuring its continued growth and success within the community. By raising money, the club aims to cover the various expenses associated with the team, enabling them to participate in competitions and training events. Additionally, the club's efforts are geared towards fostering a strong interest in track and field within the lower keys, providing opportunities for local athletes to excel in this sport.

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Impact




August, 2024

The Key West Track & Field Club Inc has a significant impact on the athletic development of Key West High School students and the overall track and field community in the Lower Keys. By raising funds to support the Key West High School track team and promoting the sport in the region, the club plays a crucial role in fostering a culture of fitness, competition, and teamwork among youth athletes. Through their efforts, they not only provide essential resources for the high school track team but also contribute to the growth and success of track and field programs in the local community. Their dedication to promoting athletic excellence and supporting young athletes makes a lasting impact on the lives of participants and helps to create a stronger, more vibrant sports community in the Lower Keys.




This information is meant to be a general summary of Key West Track & Field 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
$24,323 (2022)
Expenses
$28,276 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $33
  • Gross Receipts: $24,323

Assets and Liabilities:

  • Total Assets: $30,886
  • Total Liabilities: $9,559
  • Net Assets: $21,327

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Organization Details

Founding Year

2018

Principal Officer

Steve Hanes

Main Address

714 SOUTHARD ST, KEY WEST, FL, 330400000

NTEE Category

Code: N99 - Recreation

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