Pete Davis Sports And Scholastic Career Academy Inc

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

EIN: 852772129 ✦ Redondo beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Pete Davis Sports And Scholastic Career Academy Inc?

Pete Davis Sports and Scholastic Career Academy Inc, located in Redondo Beach, California, is a nonprofit organization with a mission to support local student athletes. They provide scholarships enabling young athletes to attend sports academies. Their primary activity revolves around an amateur sports academy and the development of student athletes through sports. Additionally, they contribute to the overall development of young athletes in the community by offering youth basketball programs. Their address is 524 N Juanita Ave Unit 5, Redondo Beach, CA 90277.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 25%

Pete Davis Sports And Scholastic Career Academy Inc has received a low rating of 25% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization earned a Zero-Star out of Four Star rating, which highlights a lack of transparency and governance standards that potential donors might consider when assessing the charity's credibility.

The organization's performance is particularly lacking in areas such as board independence and adherence to essential policies. Notably, it has no independent board members, which raises questions about governance and oversight. Additionally, key policies, including conflict of interest, whistleblower, and document retention, are absent, further emphasizing the need for improvements in operational practices.

Despite having a favorable liabilities to assets ratio and a material diversion of assets rated as none, the program expense ratio is at 50%, which is below desirable levels. Furthermore, the absence of essential documents on its website, such as tax forms and meeting minutes, limits transparency and accountability to stakeholders. Overall, there are significant improvements needed for this nonprofit to strengthen its trustworthiness and operational effectiveness.


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

Is Pete Davis Sports And Scholastic Career Academy Inc legitimate?

Pete Davis Sports And Scholastic Career Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pete Davis Sports And Scholastic Career Academy 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: $1,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pete Davis Sports And Scholastic Career Academy Inc?

The mission of Pete Davis Sports and Scholastic Career Academy Inc. is centered around offering youth basketball programs in Southern California. These programs are designed to foster the holistic development of student-athletes. The organization aims to provide families with basketball opportunities that contribute positively to the growth and well-being of their young athletes. In addition, Pete Davis Sports and Scholastic Career Academy Inc. offers scholarships to local students to attend sports academies, thereby making these opportunities more accessible.

Who is the CEO of Pete Davis Sports And Scholastic Career Academy Inc?

Peter Davis is the President of Pete Davis Sports And Scholastic Career Academy Inc.

What is the revenue of Pete Davis Sports And Scholastic Career Academy Inc?

Pete Davis Sports And Scholastic Career Academy Inc's revenue in 2022 was $50,000.

Who are the executives of Pete Davis Sports And Scholastic Career Academy Inc and what are their salaries?


There is 1 key member and their salary:


Peter Davis (President)
  • Compensation: $0
  • Related: $0
  • Other: $1,000
Where can I find the form 990 for Pete Davis Sports And Scholastic Career Academy Inc?

Pete Davis Sports And Scholastic Career Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pete Davis Sports And Scholastic Career Academy Inc

Pete Davis Sports and Scholastic Career Academy Inc is committed to providing youth basketball programs in Southern California that contribute positively to the development of young student athletes. Their mission is to offer families in the community scholarship opportunities for their children to participate in these sports academies, thereby fostering their overall growth and development. By providing these opportunities, Pete Davis Sports and Scholastic Career Academy Inc aims to contribute to the holistic development of young athletes, going beyond just their athletic skills.

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Impact




August, 2024

Pete Davis Sports And Scholastic Career Academy Inc has made a significant impact on the youth of the Southern California community by providing scholarships to local student athletes to attend sports academies. Through their youth basketball programs, they aim to contribute to the sound development of young student athletes. This organization plays a vital role in fostering youth development and creating opportunities for aspiring athletes to enhance their skills and pursue their passion for sports.




This information is meant to be a general summary of Pete Davis Sports And Scholastic Career Academy 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
$50,000 (2022)
Expenses
$42,810 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $50,000

Assets and Liabilities:

  • Total Assets: $74,564
  • Total Liabilities: $0
  • Net Assets: $74,564

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Organization Details

Founding Year

2020

Principal Officer

Peter Davis

Main Address

524 N JUANITA AVE UNIT 5, REDONDO BEACH, CA, 90277

NTEE Category

Code: O50 - Youth development

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