Overview
What is 4Atx Foundation?
4Atx Foundation is a nonprofit organization situated in Austin, Texas, with a primary address at 1835A Kramer Lane Suite 600, Austin, TX 78758. The organization's mission is to engage in community outreach and charitable giving in the Austin area and offer opportunities for underserved youth to succeed through the sport of soccer. They achieve this by providing grants to local charities, offering stadium use for various entities, including the city, county, related organizations, and schools. In addition, 4Atx Foundation supports youth soccer camps and clinics, offering scholarships, equipment, and gear to individuals, clubs, and teams. This holistic approach to soccer promotes physical and psychological health in children while allowing them to develop their skills. The foundation employs a team of 21 individuals, dedicated to enhancing the well-being of their community through soccer.
Official website here: www.austinfc.com/community/4atx-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
The 4Atx Foundation has achieved a Three-Star rating from Charity Navigator, with an overall score primarily derived from its accountability and financial practices. The organization demonstrates strong governance with a board comprised entirely of independent members, ensuring impartial decision-making. Its lack of material asset diversion, along with full transparency regarding policies such as conflict of interest and whistleblower protections, reflects a commitment to ethical operations.
The foundation's financial health is notable, evidenced by a low liabilities to assets ratio of 12.59%, which indicates sound management of resources. Additionally, the program expense ratio stands at 65.45%, suggesting a significant portion of expenditures is directed toward its mission-driven activities. These financial metrics highlight the foundation's responsible use of funds and dedication to its programmatic goals.
However, while the foundation exhibits strong accountability and transparency, the single beacon score and limited diversity in evaluation criteria may suggest areas for future improvement. Expanding the metrics used for assessment could provide a more comprehensive view of the organization's impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about 4Atx Foundation?
While 4Atx Foundation does not yet have an overall rating, the reviews indicate a positive sentiment towards its efforts, particularly in supporting underserved communities in Austin. One reviewer highlights the tangible difference the organization is making for young people, emphasizing its commitment to giving back as Austin grows rapidly.
The founder, Kaitlin Swarts, is mentioned as a driving force behind the initiative, adding a personal touch that resonates with supporters. This connection appears to inspire pride among donors, encouraging others to contribute to their cause.
Overall, the feedback suggests that 4Atx Foundation is making meaningful strides in its mission and is seen as a worthwhile organization by those who have engaged with it.
This AI summary has been generated from reviews found on Facebook.
Is 4Atx Foundation legitimate?
4Atx Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 4Atx Foundation 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: $370,422
For more financial information, click here
Official website here: www.austinfc.com/community/4atx-foundation
What is the mission statement of 4Atx Foundation?
The 4Atx Foundation's mission is centered around community outreach and charitable giving, with a focus on underserved youth in the soccer realm. The organization utilizes the power of soccer to foster social, emotional, and physical growth within communities. They grant funds to local charitable organizations and offer stadium usage to various entities, including cities, counties, related organizations, and schools. The foundation supports youth soccer camps and clinics, providing scholarships, equipment, and gear to individuals, clubs, and teams. These activities aim to enhance the physical and psychological well-being of children while honing their soccer skills.
Official website here: www.austinfc.com/community/4atx-foundation
Who is the CEO of 4Atx Foundation?
Jay Anthony Precourt Jr is the Director, President of 4Atx Foundation.
Official website here: www.austinfc.com/community/4atx-foundation
What is the revenue of 4Atx Foundation?
4Atx Foundation's revenue in 2022 was $1,356,119.
Official website here: www.austinfc.com/community/4atx-foundation
Who are the executives of 4Atx Foundation and what are their salaries?
The average compensation at 4Atx Foundation during 2022 was $17,639. There are 21 employees and 90 volunteers at 4Atx Foundation.
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Official website here: www.austinfc.com/community/4atx-foundation
Where can I find the form 990 for 4Atx Foundation?
4Atx Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.austinfc.com/community/4atx-foundation
Learn more at the official website: www.austinfc.com/community/4atx-foundation
Mission Statement of 4Atx Foundation
The 4Atx Foundation, an organization dedicated to community outreach and charitable giving, is committed to promoting opportunities for underserved youth in the Austin, Texas area. Utilizing the power of soccer as a tool, the foundation aims to foster social, emotional, and physical growth within communities. To achieve this mission, 4Atx Foundation grants funds to local charitable organizations, provides stadium use for various entities, including schools and related organizations, and supports youth soccer camps and clinics.
By offering scholarships, equipment, and gear to individuals, youth clubs, and teams, 4Atx Foundation aims to enhance the physical and psychological well-being of children as they develop their soccer skills. The organization's initiatives not only promote the love of soccer but also contribute to the overall development of young people, enabling them to thrive in their communities. The 4Atx Foundation's mission is to make a lasting impact on the lives of youth by harnessing the transformative power of soccer, fostering a sense of belonging, and empowering them to succeed.
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Impact
July, 2024
The 4Atx Foundation's impact is significant in the Austin, Texas area, where it uses the power of soccer to help communities thrive socially, emotionally, and physically. Through grants to charitable organizations, providing stadium use for the city, county, related organizations, and local schools, as well as supporting youth soccer camps and clinics, scholarships, equipment, and gear, the organization is creating opportunities for underserved youth to succeed in the sport. These efforts not only improve the physical and psychological health of children but also contribute to their overall development by honing their soccer skills.
This information is meant to be a general summary of 4Atx Foundation. 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.
- Program Service Revenue: $222,969
- Gross Receipts: $1,679,960
Assets and Liabilities:
- Total Assets: $1,003,494
- Total Liabilities: $126,413
- Net Assets: $877,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER EVENTS
Revenue
$168,293
STADIUM EVENTS
Revenue
$54,676
Organization Details
Founding Year
2019
Phone
(512) 855-1677Principal Officer
Jay Anthony Precourt Jr
Main Address
1835A KRAMER LN STE 600, AUSTIN, TX, 78758
NTEE Category
Code: N64 - Recreation
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