Overview
What is Baltimore Sports Tourism Development Council Inc?
Baltimore Sports Tourism Development Council Inc is a nonprofit organization located in Baltimore, Maryland, specifically at 400 East Pratt Street 10th Floor. Their primary mission is to foster and support amateur sports and athletic tournaments and events within the Greater Baltimore Metropolitan Area. By doing so, they aim to offer enriching experiences for athletes, fans, and visitors, while simultaneously generating a positive economic impact through tourism. One of their key initiatives involves providing academic scholarships to students associated with these events. Ultimately, their goal is to lessen governmental burdens and contribute to the social welfare of the city of Baltimore and the state of Maryland.
Official website here: www.baltimore.org/what-to-do/sports/ciaa-balt
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, earning it a Two-Star out of Four Star rating.
The Baltimore Sports Tourism Development Council Inc has received a two-star rating from Charity Navigator, indicating some concerns regarding its financial transparency and management practices. With an overall accountability and finance score of 70, the organization demonstrates strengths in governance, such as having a majority of independent board members and effective conflict of interest policies. However, the lack of financial statements and a missing tax form distribution to the board before filing significantly detracts from its accountability.
The organization shows a commendable program expense ratio of 97.72%, suggesting that a large portion of its resources is directly invested in its programs. Yet, the fundraising efficiency ratio of $0.00 indicates potential challenges in generating funds or possibly a reliance on other revenue streams. Additionally, with a working capital ratio of only 0.19 years, there may be concerns regarding its short-term financial stability and ability to sustain operations.
While Baltimore Sports Tourism Development Council Inc has some solid practices in place, potential donors and supporters should consider the highlighted limitations in financial transparency and fundraising efforts when evaluating their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Baltimore Sports Tourism Development Council Inc legitimate?
Baltimore Sports Tourism Development Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Sports Tourism Development Council 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.baltimore.org/what-to-do/sports/ciaa-balt
What is the mission statement of Baltimore Sports Tourism Development Council Inc?
The Baltimore Sports Tourism Development Council Inc's mission is to facilitate and support various amateur sports and athletic tournaments and events in the greater Baltimore metropolitan area. Their primary objective is to provide positive experiences for athletes, fans, and visitors, while simultaneously generating economic impact through tourism. Additionally, the council offers academic scholarships to students connected with these events. To lessen government burdens and promote social welfare, they actively engage in initiating, hosting, sponsoring, organizing, promoting, and facilitating these sports events.
Official website here: www.baltimore.org/what-to-do/sports/ciaa-balt
Who is the CEO of Baltimore Sports Tourism Development Council Inc?
Unavailable
Official website here: www.baltimore.org/what-to-do/sports/ciaa-balt
What is the revenue of Baltimore Sports Tourism Development Council Inc?
Baltimore Sports Tourism Development Council Inc's revenue in 2023 was $3,897,618.
Official website here: www.baltimore.org/what-to-do/sports/ciaa-balt
Who are the executives of Baltimore Sports Tourism Development Council Inc and what are their salaries?
There 338 volunteers at Baltimore Sports Tourism Development Council Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $501,758
- Other: $40,322
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.baltimore.org/what-to-do/sports/ciaa-balt
Where can I find the form 990 for Baltimore Sports Tourism Development Council Inc?
Baltimore Sports Tourism Development Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.baltimore.org/what-to-do/sports/ciaa-balt
Learn more at the official website: www.baltimore.org/what-to-do/sports/ciaa-balt
Mission Statement of Baltimore Sports Tourism Development Council Inc
Baltimore Sports Tourism Development Council Inc is dedicated to pursuing, initiating, hosting, sponsoring, organizing, promoting, facilitating, and supporting various collegiate and amateur sports and athletic tournaments and events within the Greater Baltimore Metropolitan Area. The primary objective of this nonprofit organization is to provide educational and positive experiences for athletes, fans, and other visitors while generating economic impact through tourism. By organizing these events, Baltimore Sports Tourism Development Council Inc aims to lessen the burdens of government and contribute to the social welfare of the city and the state of Maryland. The council's mission is to create opportunities for individuals to engage in sports, foster a sense of community, and contribute to the local economy.
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Impact
July, 2024
Baltimore Sports Tourism Development Council Inc's impact can be seen in its efforts to promote, facilitate, and support collegiate and other amateur sports and athletic tournaments and events in the greater Baltimore metropolitan area. Through these initiatives, the organization aims to generate economic impact by attracting tourists, providing educational and positive experiences for athletes, fans, and visitors, and offering academic scholarships to support students involved in amateur sports. By lessening the burden on the government and promoting the social welfare of Baltimore and the state of Maryland, this organization plays a crucial role in fostering a vibrant sports tourism environment in the region.
This information is meant to be a general summary of Baltimore Sports Tourism Development Council 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 2023.
- Gross Receipts: $3,897,618
Assets and Liabilities:
- Total Assets: $667,581
- Total Liabilities: $68,374
- Net Assets: $599,207
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Organization Details
Founding Year
2019
Phone
(410) 659-7300Main Address
400 EAST PRATT STREET 10TH FLOOR, BALTIMORE, MD, 21202
NTEE Category
Code: N12 - Recreation
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