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Team Hla Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 843199177 ✦ Lambertville, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Team Hla Inc?

Team Hla Inc, a nonprofit organization based in Lambertville, New Jersey, with an address at 201 S Main Street STE 6, is dedicated to supporting and inspiring young girls and women through the sport of lacrosse. They accomplished this by sponsoring two teams that participated in tournaments across the United States. The organization covered various expenses such as travel costs, uniforms, gear, tournament fees, sponsorship, and trophies. Team Hla Inc, in conjunction with the HLA Foundation, fielded 36 girls playing at an elite level, ranging in ages from 15 to 20 years old, and funded three coaches for these teams. Their mission is to provide a positive and constructive atmosphere for these young athletes, promoting and expanding their involvement in lacrosse.


Official website here: www.hla-foundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 41%

Team Hla Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization's Accountability & Finance Score of 41% highlights critical weaknesses, particularly the absence of independent board members and several missing policies, including conflict of interest and whistleblower policies.

On a positive note, the charity demonstrates a high program expense ratio of 91.54%, suggesting that a substantial portion of its funds is directed toward its programs. Additionally, there are no reported material diversions of assets, which indicates financial integrity regarding the use of its resources. However, the lack of transparency in governance practices raises flags for potential donors.

Overall, the limited independent oversight and the lack of essential governance policies present significant limitations for Team Hla Inc. This raises concerns about the organization's operational effectiveness and accountability to its stakeholders, urging potential donors to exercise caution.


This AI summary has been generated from information found on Charity Navigator.

Is Team Hla Inc legitimate?

Team Hla Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Team Hla 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.hla-foundation.com

What is the mission statement of Team Hla Inc?

Team Hla Inc, in collaboration with the HLA Foundation, aims to inspire and support young girls and women through the sport of lacrosse in a positive and constructive environment. Their mission is to expand, promote, and engage in this endeavor, providing opportunities for young athletes aged 15 to 20. They accomplish this by funding travel costs, uniforms, gear, tournament fees, sponsorship, and trophies, as well as hiring coaches to oversee three elite-level teams.


Official website here: www.hla-foundation.com

Who is the CEO of Team Hla Inc?

Sean Albert is the Trustee of Team Hla Inc.


Official website here: www.hla-foundation.com

What is the revenue of Team Hla Inc?

Team Hla Inc's revenue in 2022 was $6,925.


Official website here: www.hla-foundation.com

Who are the executives of Team Hla Inc and what are their salaries?


Here are 3 key members and their salaries:


Eugene Albert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Albert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Albert (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hla-foundation.com

Where can I find the form 990 for Team Hla Inc?

Team Hla Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hla-foundation.com

Learn more at the official website: www.hla-foundation.com

Mission Statement of Team Hla Inc

Team Hla Inc, in collaboration with the HLA Foundation, is committed to uplifting and motivating young girls and women through the medium of sport, specifically lacrosse. Their mission is to foster a positive and constructive environment, encouraging participation and growth among this demographic. The organization actively supports, promotes, and engages in this endeavor, aiming to inspire and empower these individuals.

Their approach is multifaceted, involving the organization of lacrosse teams and their participation in tournaments across the United States. Team Hla Inc covers various expenses associated with these activities, such as travel costs, uniforms, gear, tournament fees, sponsorship, and trophies. Furthermore, they provide opportunities for 36 girls to showcase their skills at elite levels, ranging in age from 15 to 20 years old, by funding the services of three coaches. This comprehensive approach allows the organization to make a significant impact in the lives of young girls and women, fostering their development and love for lacrosse.

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Impact




August, 2024

Team Hla Inc's impact lies in its ability to support, expand, and promote young girls and women through sports and lacrosse in a positive and constructive atmosphere. By fielding lacrosse teams that compete in tournaments across the United States, the organization is providing opportunities for 36 girls aged 15 to 20 to play at elite levels. Team Hla Inc covers travel costs, uniforms, gear, tournament fees, sponsorship, trophies, and funds for coaches. Through these efforts, Team Hla Inc is empowering young girls and women to grow and excel in sports while fostering a supportive community.




This information is meant to be a general summary of Team Hla 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.

Revenue
$6,925 (2022)
Expenses
$7,200 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $6,925

Assets and Liabilities:

  • Total Assets: $175
  • Total Liabilities: $33,000
  • Net Assets: -$32,825

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Organization Details

Founding Year

2019

Principal Officer

Sean Albert

Main Address

201 S MAIN STREET STE 6, LAMBERTVILLE, NJ, 08530

NTEE Category

Code: N11 - Recreation

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