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435 Elite Sports Inc

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

EIN: 832661757 ✦ St george, UT ✦ Designated as a 501(c)(3)

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Overview

What is 435 Elite Sports Inc?

435 Elite Sports Inc, located in St. George, Utah, is a nonprofit organization dedicated to empowering children within its vicinity. Their primary mission is to enhance the volleyball skills of local youth, offering coaching and training opportunities. They also facilitate participation in youth sports tournaments, aiming to prepare young individuals for high school and college sports. By providing these opportunities, 435 Elite Sports Inc fosters the growth and development of young athletes in southern Utah.


Official website here: www.435elitevc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (56%)

435 Elite Sports Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of 56%, the organization notably lacks independent board members, which raises potential governance issues. Additionally, important policies such as conflict of interest, whistleblower, and document retention are missing, reflecting a need for improved oversight and transparency.

Despite these weaknesses, the organization exhibits a positive aspect with a high program expense ratio of 70.64%, suggesting that a substantial portion of funds is directed towards its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, which is a positive indicator of financial integrity.

However, the absence of independent oversight and essential governance policies presents limitations that could impact donor trust and overall operational effectiveness. Enhanced accountability measures and a commitment to establishing required policies would be beneficial for the organization’s future sustainability and reputation.


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

Is 435 Elite Sports Inc legitimate?

435 Elite Sports Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 435 Elite Sports 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: $24,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.435elitevc.com

What is the mission statement of 435 Elite Sports Inc?

435 Elite Sports Inc is dedicated to enhancing the volleyball skills of children residing in various regions. The organization provides ample coaching and training opportunities for these young athletes. Beyond skill development, 435 Elite Sports Inc offers chances for children to participate in youth sports tournaments, preparing them for higher levels of competition in high school and college. The ultimate goal of this non-profit entity is to ensure that children hone their volleyball abilities, gain valuable tournament experiences, and are well-equipped for future athletic pursuits.


Official website here: www.435elitevc.com

Who is the CEO of 435 Elite Sports Inc?

Joshua Lui is the Director of 435 Elite Sports Inc.


Official website here: www.435elitevc.com

What is the revenue of 435 Elite Sports Inc?

435 Elite Sports Inc's revenue in 2022 was $38,275.


Official website here: www.435elitevc.com

Who are the executives of 435 Elite Sports Inc and what are their salaries?


Here are 3 key members and their salaries:


Joshua Lui (Director)
  • Compensation: $11,500
  • Related: $0
  • Other: $0
Jonette Lui (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Sadang (Director)
  • Compensation: $12,900
  • Related: $0
  • Other: $0


Official website here: www.435elitevc.com

Where can I find the form 990 for 435 Elite Sports Inc?

435 Elite Sports Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.435elitevc.com

Learn more at the official website: www.435elitevc.com

Mission Statement of 435 Elite Sports Inc

435 Elite Sports Inc is committed to enhancing the volleyball skills of children residing in southern Utah. The organization's mission is multifaceted, encompassing three key aspects. Firstly, they aim to provide ample coaching and training opportunities for these young athletes. Secondly, they offer chances for the youth to participate in various youth sports tournaments. Lastly, they prepare these kids for their future endeavors in high school and college sports. In essence, 435 Elite Sports Inc strives to offer a well-rounded volleyball experience for the children in its care, fostering their growth and development in the sport.

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Impact




August, 2024

435 Elite Sports Inc has had a significant impact on the youth in Southern Utah by providing opportunities for kids to improve their volleyball skills. By offering coaching, training, and participation in youth sports tournaments, this organization has played a crucial role in preparing young athletes for high school and college sports. Through their dedicated efforts, 435 Elite Sports Inc has not only enhanced the athletic abilities of these kids but also fostered a sense of teamwork, discipline, and sportsmanship. Their work has undoubtedly made a positive difference in the lives of many young individuals in Southern Utah.




This information is meant to be a general summary of 435 Elite Sports 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
$38,275 (2022)
Expenses
$59,990 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Gross Receipts: $38,275

Assets and Liabilities:

  • Total Assets: $28,418
  • Total Liabilities: $0
  • Net Assets: $28,418

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Organization Details

Founding Year

2018

Principal Officer

Joshua Lui

Main Address

1085 HEMLOCK CIR, ST GEORGE, UT, 84790

NTEE Category

Code: N60 - Recreation

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