Overview
What is Usa Bmx Foundation Inc?
Usa Bmx Foundation Inc, located in Gilbert, Arizona, is a small nonprofit organization with just two employees. Their primary focus is to provide education scholarships to individuals or institutions, contribute to or engage in scientific research, and conduct safety education programs in schools and other public places. While their mission encompasses bicycles and related matters, their scope extends beyond this specific area, encompassing broader aspects of safety education.
Official website here: www.usabmxfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Usa Bmx Foundation Inc has received an 84% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is based entirely on a weighted beacon score, which highlights the organization’s commitment to maintaining financial integrity. The foundation boasts a 100% independent board, indicating strong governance and oversight.
However, while the organization's financial management appears robust, there are notable gaps in its policies. It lacks a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, which are critical for enhancing transparency and accountability. Additionally, the absence of its tax form on the nonprofit's website raises concerns about accessibility of information for stakeholders.
Despite these limitations, the Usa Bmx Foundation Inc demonstrates a commendable program expense ratio of 88.99%, meaning a significant portion of its funds is directed towards its programs. Overall, while the foundation exhibits strong financial health, enhancing its governance policies could further improve its accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is Usa Bmx Foundation Inc legitimate?
Usa Bmx Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usa Bmx Foundation 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: $36,725
For more financial information, click here
Official website here: www.usabmxfoundation.org
What is the mission statement of Usa Bmx Foundation Inc?
The U.S. BMX Foundation Inc's mission involves providing education scholarships to individuals or institutions, engaging in or contributing to scientific research, and conducting safety education programs in schools and public places, such as those related to bicycles. This non-profit organization also focuses on promoting safety awareness in these settings. Their activities aim to foster knowledge and enhance safety measures, ultimately benefiting those interested in bicycles and related fields.
Official website here: www.usabmxfoundation.org
Who is the CEO of Usa Bmx Foundation Inc?
Bernard A Anderson is the Vice Preside of Usa Bmx Foundation Inc.
Official website here: www.usabmxfoundation.org
What is the revenue of Usa Bmx Foundation Inc?
Usa Bmx Foundation Inc's revenue in 2021 was $698,977.
Official website here: www.usabmxfoundation.org
Who are the executives of Usa Bmx Foundation Inc and what are their salaries?
The average compensation at Usa Bmx Foundation Inc during 2021 was $18,362. There are 2 employees at Usa Bmx Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.usabmxfoundation.org
Where can I find the form 990 for Usa Bmx Foundation Inc?
Usa Bmx Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.usabmxfoundation.org
Learn more at the official website: www.usabmxfoundation.org
Mission Statement of Usa Bmx Foundation Inc
The USA BMX Foundation Inc is committed to fulfilling several important objectives. Primarily, it provides education scholarships to individuals and institutions, thereby investing in the academic growth of many. Additionally, the foundation engages in scientific research or contributes to existing research, furthering our understanding of various topics related to bicycles and related activities. Lastly, the organization conducts safety education programs in schools and other public places. These initiatives aim to educate the public on the safe use of bicycles and related equipment, fostering a safer environment for all. By offering these scholarships, conducting research, and promoting safety education, the USA BMX Foundation Inc plays a significant role in promoting knowledge and safety within the bicycle community.
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Impact
July, 2024
The Usa BMX Foundation Inc's impact lies in providing education scholarships to individuals or institutions, contributing to scientific research, and conducting safety education programs in schools and public places related to bicycles and related items. Their focus on education, research, and safety initiatives overall helps in creating a safer and more informed community, particularly in the realm of crime prevention.
This information is meant to be a general summary of Usa Bmx Foundation 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 2021.
- Investment Income: $4,523
- Program Service Revenue: $348,244
- Gross Receipts: $821,119
Assets and Liabilities:
- Total Assets: $1,715,829
- Total Liabilities: $5,796
- Net Assets: $1,710,033
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STEM/OTHER PROGRAMS
Revenue
$348,244
Organization Details
Founding Year
1995
Phone
(480) 961-1903Principal Officer
Bernard A Anderson
Main Address
1645 WEST SUNRISE BOULEVARD, GILBERT, AZ, 85233
Website
www.usabmxfoundation.orgNTEE Category
Code: I21I - Crime
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