Overview
What is Panthers Lax Srq Inc?
Panthers Lax Srq Inc, based in Lakewood Ranch, Florida, serves as a nonprofit organization dedicated to supporting and fostering the development of high school lacrosse teams. Their primary objective is to aid in the transition of these club teams to become FHSAA varsity teams, ensuring a smooth and financially sensible process. Furthermore, Panthers Lax Srq Inc strives to expand the number of FHSAA-sanctioned lacrosse teams within Sarasota County, thereby promoting the growth and popularity of the sport in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Panthers Lax Srq Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based solely on the Accountability & Finance beacon, indicating strong performance in financial management and transparency. The organization demonstrates a commitment to accountability with a 100% score for having independent board members and no material diversion of assets.
The charity's financial health is commendable, highlighted by a program expense ratio of 96.05%, suggesting that nearly all of its expenditures are directed towards its programs. Additionally, it has comprehensive policies in place, including conflict of interest and whistleblower policies, which contribute to its overall accountability. The liability to assets ratio of 0.00% further emphasizes its financial stability.
While the rating showcases many strengths, potential donors may want to consider that the score is exclusively from the Accountability & Finance metrics, and there may not be as much information regarding the effectiveness or impact of the organization's programs. Nonetheless, the strong financial indicators suggest that Panthers Lax Srq Inc is managing its resources responsibly.
This AI summary has been generated from information found on Charity Navigator.
Is Panthers Lax Srq Inc legitimate?
Panthers Lax Srq Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panthers Lax Srq 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 Panthers Lax Srq Inc?
Panthers Lax Srq Inc, as an organization, is committed to facilitating the transformation of high school club lacrosse teams into FHSAA varsity teams in a logical and financially responsible manner. Additionally, their mission extends to expanding the number of FHSAA-sanctioned lacrosse teams in Sarasota County. By achieving these goals, they aim to foster the growth and development of lacrosse within the community.
Who is the CEO of Panthers Lax Srq Inc?
Philip Meyer is the Board Member of Panthers Lax Srq Inc.
What is the revenue of Panthers Lax Srq Inc?
Panthers Lax Srq Inc's revenue in 2021 was $0.
Who are the executives of Panthers Lax Srq 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
Where can I find the form 990 for Panthers Lax Srq Inc?
Panthers Lax Srq Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Panthers Lax Srq Inc
Panthers Lax Srq Inc, a nonprofit organization, is committed to supporting the transformation of high school lacrosse club teams into FHSAA varsity teams in an efficient and financially responsible manner. Moreover, the organization aims to expand the number of FHSAA-sanctioned lacrosse teams in Sarasota County. By facilitating this transition and growth, Panthers Lax Srq Inc seeks to contribute to the development and promotion of lacrosse in the local high school community.
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Impact
October, 2024
Panthers Lax Srq Inc plays a vital role in the development of lacrosse in Sarasota County, Florida. By focusing on the transition of high school club teams to official Florida High School Athletic Association (FHSAA) varsity teams, the organization ensures that young athletes have access to structured, competitive opportunities in the sport.
This initiative not only enhances the quality of lacrosse in the area but also fosters community investment in youth sports. By working to expand the number of FHSAA sanctioned teams, Panthers Lax Srq Inc helps to create a sustainable environment for lacrosse, encouraging more students to participate and promoting physical fitness and teamwork among youth. Through these efforts, the organization contributes to the overall growth of lacrosse, builds a sense of community, and supports the healthy development of local athletes.
This information is meant to be a general summary of Panthers Lax Srq 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 2021.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2019
Phone
(941) 554-5981Principal Officer
Philip Meyer
Main Address
22236 PANTHER LOOP, LAKEWOOD RANCH, FL, 34202
NTEE Category
Code: N50 - Recreation
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