Overview
What is The Young Riders Inc?
The Young Riders Inc, situated in Park City, Utah, is a nonprofit organization dedicated to fostering the development of junior mountain bike athletes. They provide both competitive and recreational biking programs, aiming to educate and train these young athletes. Their mission extends beyond just teaching bike skills, as they nurture the overall growth and progress of their members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 41%, Zero-Star out of Four Star rating.
The Young Riders Inc has received a low rating due to significant deficiencies in accountability and finance. The score is entirely based on the Accountability & Finance beacon, where the organization notably lacks independent board members and several critical policies, such as conflict of interest and whistleblower policies, which were not found. These shortcomings indicate potential governance issues that could affect the charity's overall effectiveness and transparency.
While the organization does demonstrate a solid ratio of liabilities to assets, it only allocates about 60.71% of its revenue to program expenses, which is relatively low. The absence of required policies and documents raises concerns about the governance practices in place, potentially impacting donor confidence. Although there are meeting minutes available, the lack of key financial and operational transparency marks a significant challenge for The Young Riders Inc.
Overall, potential donors and supporters may want to consider these limitations carefully. The lack of independent oversight and missing policies could pose risks to the organization’s ability to manage funds effectively and fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Young Riders Inc legitimate?
The Young Riders Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Young Riders 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:
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Other Salaries and Wages: $0
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What is the mission statement of The Young Riders Inc?
The Young Riders Inc. is dedicated to educating and training junior mountain bike athletes, catering to both competitive and recreational biking programs. Their mission is to nurture the skills and passion of young cyclists, fostering their growth in the sport. By providing comprehensive training, they aim to instill a lifelong love for mountain biking and help these athletes reach their full potential.
Who is the CEO of The Young Riders Inc?
Deb Lovci is the President of The Young Riders Inc.
What is the revenue of The Young Riders Inc?
The Young Riders Inc's revenue in 2022 was $185,990.
Who are the executives of The Young Riders Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for The Young Riders Inc?
The Young Riders Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Young Riders Inc
The Young Riders, as a nonprofit organization, is dedicated to the education and training of junior mountain bike athletes. This mission encompasses both competitive and recreational biking programs, aiming to nurture the skills and passion of young riders. The organization's primary focus is on providing a comprehensive learning environment for its athletes, fostering their growth and development in the sport. By offering these programs, The Young Riders contributes to the wider mountain biking community, promoting the sport and encouraging the next generation of riders.
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Impact
October, 2024
The Young Riders Inc significantly impacts the lives of junior mountain bike athletes by providing comprehensive education and training in both competitive and recreational biking. Located in Park City, UT, the organization fosters a supportive environment that encourages youth development through cycling.
By equipping young athletes with skills and knowledge, The Young Riders enhances their physical fitness, boosts their confidence, and instills a sense of community. Participants gain not only technical biking skills but also important life skills such as teamwork, perseverance, and discipline. The organization's commitment to nurturing both competitive and recreational biking experiences ensures that all youth can engage with the sport, promoting an active lifestyle that extends beyond the immediate biking experience.
Overall, The Young Riders Inc plays a crucial role in shaping the next generation of mountain bikers, contributing positively to their personal growth and the community as a whole.
This information is meant to be a general summary of The Young Riders 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: $86,122
- Gross Receipts: $185,990
Assets and Liabilities:
- Total Assets: $58,499
- Total Liabilities: $0
- Net Assets: $58,499
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$86,122
Organization Details
Phone
(435) 640-8642Principal Officer
Deb Lovci
Main Address
5148 E MEADOWS DR, PARK CITY, UT, 84098
NTEE Category
Code: O99 - Youth development
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