Overview
What is Classic For Columbus Inc?
Classic For Columbus Inc is a nonprofit organization situated in Columbus, Ohio, specifically at 1244 Easthill Drive. Their primary mission is to organize annual events that foster education, diversity, and inclusion. These events, such as the HBCU Classic and Celebrity All-Star Game & Extravaganza, serve as platforms for showcasing talented student athletes from Historically Black Colleges and Universities. Besides the festivities, Classic For Columbus Inc aims to generate a positive economic impact in the community and contribute to funding for educational institutions and scholarships. Their events not only cater to entertainment but also promote cultural exchange and advancement of education.
Official website here: www.classicforcolumbus.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Classic For Columbus Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is derived from their Accountability & Finance category, where they have demonstrated strong performance. A significant aspect of their evaluation is the high percentage of independent board members, which enhances their governance and decision-making process.
The organization excels in several key areas, including a perfect score for their audit and oversight committee and no material diversion of assets. Additionally, they have established comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, which further indicate a commitment to transparency and ethical management.
While the organization shows strong financial accountability, it is important to note that their rating is based solely on this aspect, with no specific information on program effectiveness or impact provided. Nonetheless, with a program expense ratio of nearly 81%, they are investing a significant portion of their budget into their programs.
This AI summary has been generated from information found on Charity Navigator.
Is Classic For Columbus Inc legitimate?
Classic For Columbus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Classic For Columbus 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.classicforcolumbus.com/
What is the mission statement of Classic For Columbus Inc?
Classic For Columbus Inc's mission is centered around organizing annual events that emphasize the importance of education, diversity, and inclusion. These events aim to generate a positive economic impact for the community while simultaneously raising funds for educational institutions and scholarships. The organization's flagship event, the HBCU Classic and Celebrity All-Star Game & Extravaganza, is a five-day celebration that combines educational, multicultural, and networking activities, culminating in a basketball game featuring students from Historically Black Colleges and Universities.
Official website here: www.classicforcolumbus.com/
Who is the CEO of Classic For Columbus Inc?
John Pace is the Chief Executive Officer of Classic For Columbus Inc. The CEO's salary of Classic For Columbus Inc is $45,269 and their total compensation is $45,269.
Official website here: www.classicforcolumbus.com/
What is the revenue of Classic For Columbus Inc?
Classic For Columbus Inc's revenue in 2022 was $773,048.
Official website here: www.classicforcolumbus.com/
Who are the executives of Classic For Columbus Inc and what are their salaries?
There 105 volunteers at Classic For Columbus Inc.
Here are 10 key members and their salaries (Classic For Columbus Inc's CEO's salary is $45,269 and their total compensation is $45,269):
- Compensation: $45,269
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- Other: $0
- Compensation: $3,500
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.classicforcolumbus.com/
Where can I find the form 990 for Classic For Columbus Inc?
Classic For Columbus Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.classicforcolumbus.com/
Learn more at the official website: www.classicforcolumbus.com/
Mission Statement of Classic For Columbus Inc
Classic For Columbus Inc, as a nonprofit organization, is committed to delivering annual events that serve a dual purpose. Their mission is to promote education, diversity, and inclusion, while simultaneously creating an economic impact in the community. These events are designed to raise funds for educational institutions and scholarships. Their flagship event, the HBCU Classic and Celebrity All-Star Game & Extravaganza, is a five-day celebration that combines educational, multicultural, and networking experiences, culminating in a basketball game featuring talented student athletes from Historically Black Colleges and Universities. Through these events, Classic For Columbus Inc seeks to foster a sense of unity, celebrate diversity, and invest in the future of education, ultimately benefiting the community and supporting deserving students.
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Impact
July, 2024
Classic For Columbus Inc's impact can be seen in their delivery of annual events that promote education, diversity, and inclusion while creating an economic impact for the community. Through their flagship event, the HBCU Classic and Celebrity All-Star Game & Extravaganza, they bring together educational, multicultural, and networking festivities that culminate in a basketball game featuring student athletes from Historically Black Colleges and Universities. By raising funds for educational institutions and scholarships, they not only support the academic community but also contribute to the local economy in Columbus, Ohio. Their mission to promote education and diversity is evident in their commitment to hosting events that benefit both the community and educational institutions.
This information is meant to be a general summary of Classic For Columbus 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 2022.
- Program Service Revenue: $547,799
- Gross Receipts: $773,048
Assets and Liabilities:
- Total Assets: $146,040
- Total Liabilities: $270,015
- Net Assets: -$123,975
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Suite Sales
Revenue
$28,000
Sponsorship
Revenue
$412,414
Tickets
Revenue
$107,385
Organization Details
Founding Year
2020
Phone
(310) 999-8015Principal Officer
John Pace
Main Address
1244 Easthill Drive, Columbus, OH, 43213
Website
www.classicforcolumbus.com/NTEE Category
Code: B84 - Education
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