Overview
What is Thunderridge Grizzly Bear Backer Club?
The Thunderridge Grizzly Bear Backer Club, or GBBC, is a nonprofit organization based in Highlands Ranch, Colorado. Its primary function is to raise, manage, and supplement the necessary funds for over 40 clubs and athletic teams affiliated with Thunderridge High School. This aid encompasses competition facility expenses, social and uniform costs, equipment, travel, and officiating fees incurred by the programs. The club, led by an elected board of directors, supports over 2000 students, coaches, sponsors, and sport participants by addressing the supplemental financial needs of these programs, thereby empowering their activities and functions associated with the school.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Thunderridge Grizzly Bear Backer Club has achieved a commendable 79% rating, indicative of its solid financial health and operational accountability. The organization scores particularly well in areas such as its 100% independent board members and a strong program expense ratio of 95.90%, indicating that the majority of its funds are directed towards its programs rather than administrative costs.
The nonprofit also demonstrates robust governance practices, with no material diversion of assets, a listed conflict of interest policy, and proper document retention and destruction policies. These factors contribute to its positive standing in terms of transparency and ethical management, reflecting a commitment to responsible stewardship of its resources.
While the organization shows strong financial metrics, the overall rating of Three Stars suggests there may still be room for improvement in other areas that could enhance its performance and public trust. However, the high scores in accountability and finance signify that the Thunderridge Grizzly Bear Backer Club is on a solid path towards fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Thunderridge Grizzly Bear Backer Club legitimate?
Thunderridge Grizzly Bear Backer Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thunderridge Grizzly Bear Backer Club 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: $15,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Thunderridge Grizzly Bear Backer Club?
The Thunderridge Grizzly Bear Backer Club, commonly referred to as GBBC, serves as the booster club for over 40 sports clubs and activities at Thunderridge High School. Comprised of members managed by an elected board of directors, GBBC aids students, coaches, sponsors, and sports participants by helping to manage the supplemental financial needs of the programs. The club supports more than 2,000 students by facilitating the generation, management, and supplementation of funds required for their activities and functions associated with the school. This aid covers competition, facility, social, uniform, equipment, travel, and officiating costs incurred by the programs.
Who is the CEO of Thunderridge Grizzly Bear Backer Club?
Stacie Markham is the President of Thunderridge Grizzly Bear Backer Club.
What is the revenue of Thunderridge Grizzly Bear Backer Club?
Thunderridge Grizzly Bear Backer Club's revenue in 2022 was $595,787.
Who are the executives of Thunderridge Grizzly Bear Backer Club and what are their salaries?
The average compensation at Thunderridge Grizzly Bear Backer Club during 2022 was $15,500. There is 1 employee and 300 volunteers at Thunderridge Grizzly Bear Backer Club.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Thunderridge Grizzly Bear Backer Club?
Thunderridge Grizzly Bear Backer Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Thunderridge Grizzly Bear Backer Club
The Thunderridge Grizzly Bear Backer Club, often abbreviated as GBBC, serves as the booster organization for over 40 sports clubs and activities at Thunderridge High School. Comprised of a board of directors elected by its members, this club plays a vital role in supporting the students, coaches, sponsors, and sport participants by managing the supplemental financial needs of the programs. The GBBC facilitates the generation and distribution of funds required for the participation and program needs of over 2,000 students, covering competition, facility, social, uniform, equipment, travel, and officiating costs incurred by the various clubs and athletic teams. In essence, the GBBC acts as a vital financial backbone for Thunderridge High School's diverse range of clubs and sports teams, ensuring their activities and functions run smoothly.
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Impact
July, 2024
The Thunderridge Grizzly Bear Backer Club plays a crucial role in supporting over 40 clubs and athletic teams at Thunderridge High School. By facilitating the generation and distribution of funds, this organization ensures that more than 2000 students have the resources they need to participate in various activities and functions. From covering competition costs to providing for uniforms, equipment, travel expenses, and officiating fees, the Grizzly Bear Backer Club's impact is instrumental in enabling the school's programs to thrive and succeed.
This information is meant to be a general summary of Thunderridge Grizzly Bear Backer Club. 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: $1,988
- Program Service Revenue: $352,291
- Gross Receipts: $661,094
Assets and Liabilities:
- Total Assets: $682,125
- Total Liabilities: $436
- Net Assets: $681,689
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMPS SPORTS AND EVENTS
Revenue
$156,635
PROGRAM REGISTRATIONS
Revenue
$150,806
COMPETITION PERFORMANCES
Revenue
$44,850
Organization Details
Founding Year
1996
Phone
(303) 641-7854Principal Officer
Stacie Markham
Main Address
1991 W WILDCAT RESERVE PKWY, HIGHLANDS RANCH, CO, 801295475
NTEE Category
Code: B80 - Education
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