Overview
What is Sports Biz Cares Ltd?
Sports Biz Cares Ltd is a nonprofit organization located in Waxhaw, North Carolina, with a focus on uplifting underserved communities, particularly women and people of color, within the sports business industry. Their mission is to enhance social mobility for high school students and diversify the sports industry by supporting post-graduate educational opportunities. Through fundraising and provision of resources, Sports Biz Cares aims to transform learning experiences into valuable skills and knowledge, thereby improving employability and adaptability. The organization has a modest workforce of 23 individuals.
Official website here: www.sportsbizcareers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Sports Biz Cares Ltd has received a low rating of 58%, placing it in the One-Star category on Charity Navigator. This score reflects concerns primarily related to financial transparency and governance practices. While the organization has 100% independent board members, indicating good governance, it lacks essential financial statements and several key policies, which significantly impacts its accountability score.
The nonprofit does demonstrate strong program expense efficiency, with a program expense ratio of 91.98%, suggesting that a large portion of its funding is directed towards its programs. However, the absence of crucial documents such as tax forms on its website and missing policies related to whistleblower protections and document retention raise serious questions about its operational integrity.
Despite having some strengths in independent governance and programmatic spending, the financial and compliance issues noted in the rating highlight significant areas for improvement. For potential donors and supporters, these shortcomings may warrant careful consideration before contributing to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sports Biz Cares Ltd legitimate?
Sports Biz Cares Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sports Biz Cares Ltd 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: $149,010
For more financial information, click here
Official website here: www.sportsbizcareers.org
What is the mission statement of Sports Biz Cares Ltd?
Sports Biz Cares Ltd's mission is centered around enhancing social mobility for high school students and promoting diversity within the sports industry. They achieve this by providing resources and opportunities for underserved communities, particularly women and people of color, in the sports business sector. Through intentional post-graduate educational opportunities, they aim to improve employability and adaptability, transforming experiences into valuable knowledge, skills, attitudes, values, emotions, and beliefs.
Official website here: www.sportsbizcareers.org
What is the revenue of Sports Biz Cares Ltd?
Sports Biz Cares Ltd's revenue in 2023 was $470,998.
Official website here: www.sportsbizcareers.org
Who are the executives of Sports Biz Cares Ltd and what are their salaries?
The average compensation at Sports Biz Cares Ltd during 2023 was $9,313. There are 16 employees and 410 volunteers at Sports Biz Cares Ltd.
Here are 9 key members and their salaries:
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Official website here: www.sportsbizcareers.org
Where can I find the form 990 for Sports Biz Cares Ltd?
Sports Biz Cares Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sportsbizcareers.org
Learn more at the official website: www.sportsbizcareers.org
Mission Statement of Sports Biz Cares Ltd
Sports Biz Cares Ltd, as a nonprofit organization, is committed to increasing social mobility for high school students, primarily focusing on underrepresented communities, particularly women and people of color. Their mission is twofold: firstly, they aim to enhance education opportunities for these students, thereby equipping them with the necessary knowledge and skills that can improve their employability and adaptability in the future. Secondly, Sports Biz Cares Ltd seeks to expand diversity within the sports industry by providing funds and support for post-graduate educational opportunities. This holistic approach transforms experiences into valuable assets, encompassing knowledge, skills, attitudes, values, emotions, and beliefs, ultimately contributing to a more inclusive and equitable sports industry.
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Impact
July, 2024
Sports Biz Cares Ltd is dedicated to increasing social mobility for high school students through education and expanding diversity within the sports industry. By providing resources and opportunities to underserved communities, particularly women and people of color, this organization is making a significant impact. Through the provision of funds and support for intentional post-graduate educational opportunities, Sports Biz Cares Ltd is transforming experiences into knowledge, skills, attitudes, values, emotions, and beliefs. This not only furthers learning but also improves employability and adaptability for individuals within the sports business industry. Through their mission to increase social mobility and foster diversity, Sports Biz Cares Ltd is contributing to a more inclusive and equitable future within the sports industry.
This information is meant to be a general summary of Sports Biz Cares Ltd. 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 2023.
- Investment Income: $5
- Gross Receipts: $478,881
Assets and Liabilities:
- Total Assets: $115,657
- Total Liabilities: $131,260
- Net Assets: -$15,603
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Organization Details
Founding Year
2019
Principal Officer
Jeffrey M Longo
Website
www.sportsbizcareers.orgNTEE Category
Code: J20 - Employment
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