Overview
What is Rva Sports Foundation Inc?
Rva Sports Foundation Inc, based in Richmond, Virginia, is a dedicated nonprofit organization with a twin objective. Their primary focus lies in revitalizing and refurbishing an aging stadium located in the city's heart. Simultaneously, they cater to the special needs soccer community by managing the RVAccess program, which serves children aged 5-19 from around central Virginia. The foundation aims to establish City Stadium as a central hub for celebrating Richmond's vibrancy through various events and festivals. RVAccess, traditionally operating in the spring and fall, utilizes City Stadium and other venues within the metropolitan area. The foundation's initiatives are primarily led by volunteers, with the support of an experienced program director, and the stadium rehabilitation process is an ongoing, 40-year project. The organization strives to conduct more RVAccess sessions at City Stadium due to its central location and significant impact on local families.
Official website here: www.richmondkickers.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%
Rva Sports Foundation Inc has received a low score of 39%, which translates to a Zero-Star out of Four Star rating. This rating reflects significant concerns regarding the organization's accountability and financial practices. Notably, the foundation lacks independent board members, which raises questions about governance and oversight. Additionally, the absence of essential financial statements and several key policies, such as conflict of interest and whistleblower policies, further diminish its accountability profile.
Despite the low ratings in governance and financial documentation, Rva Sports Foundation Inc has demonstrated a strong commitment to its programs, with a program expense ratio of 99.70%. This suggests that the majority of its expenditures are directed toward its core mission, which could indicate a focused operational strategy. However, the lack of transparency in financial reporting and governance practices poses a risk to its long-term sustainability and credibility.
Overall, while the organization may be effectively allocating funds towards its programs, the glaring deficiencies in governance and accountability measures serve as significant limitations. Potential donors and stakeholders should consider these factors carefully when assessing the foundation's viability and impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Rva Sports Foundation Inc legitimate?
Rva Sports Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rva Sports Foundation 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.richmondkickers.com
What is the mission statement of Rva Sports Foundation Inc?
The Rva Sports Foundation aims to serve two primary objectives. Firstly, it strives to rehabilitate and renovate an aging stadium, located in a central area, with the goal of improving its condition over a period of 40 years. Secondly, the foundation is committed to supporting the special needs soccer community through its RVAccess program, catering to children aged 5 to 19. This program typically operates in the spring and fall, utilizing various venues, including the renovated stadium, to provide opportunities for these children. The foundation's activities are primarily driven by volunteers, under the guidance of an experienced program director, with a goal of increasing the number of sessions held at the central stadium to positively impact local families.
Official website here: www.richmondkickers.com
Who is the CEO of Rva Sports Foundation Inc?
Eric Gregory is the President & Director of Rva Sports Foundation Inc.
Official website here: www.richmondkickers.com
What is the revenue of Rva Sports Foundation Inc?
Rva Sports Foundation Inc's revenue in 2022 was $1,069,729.
Official website here: www.richmondkickers.com
Who are the executives of Rva Sports Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.richmondkickers.com
Where can I find the form 990 for Rva Sports Foundation Inc?
Rva Sports Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.richmondkickers.com
Learn more at the official website: www.richmondkickers.com
Mission Statement of Rva Sports Foundation Inc
Rva Sports Foundation Inc has a dual mission to revitalize and refurbish an aging stadium located in the heart of a city, while simultaneously serving the needs of the special needs soccer community. The organization achieves this through its RVAccess program, which caters to children aged 5-19 from central Virginia. The main focus of Rva Sports Foundation Inc is the revitalization of the stadium, with efforts to transform it year-round over the next 40 years. In addition to this, the organization runs the RVAccess program at City Stadium and other venues in the metropolitan area, aiming to provide more sessions at the central location to benefit families in the city. The rehabilitation of the stadium serves as a hub for the Richmond metropolitan region, hosting various events and festivals to celebrate the city.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
RVA Sports Foundation Inc's impact lies in revitalizing and refurbishing an aging stadium in the heart of Richmond, Virginia, while also providing a valuable service to the special needs soccer community through their RVAccess program. By offering a central hub for the Richmond metropolitan region to come together and celebrate the city through events and festivals at City Stadium, RVA Sports Foundation is actively contributing to the community's well-being and inclusivity. Their dedication to rehabilitation efforts for the stadium over the next 40 years underscores their commitment to enhancing the city's sports and recreational infrastructure for generations to come.
This information is meant to be a general summary of Rva Sports Foundation 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: $4
- Gross Receipts: $1,069,729
Assets and Liabilities:
- Total Assets: $1,856,734
- Total Liabilities: $1,802,474
- Net Assets: $54,260
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2019
Phone
(804) 644-5425Principal Officer
Eric Gregory
Main Address
2001 MAYWILL ST 205, RICHMOND, VA, 23230
Website
www.richmondkickers.comNTEE Category
Code: N12 - Recreation
If you are a representative of Rva Sports Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.