Overview
What is Loyola Academy Rowing Association Inc?
Loyola Academy Rowing Association Inc, based in Glenview, Illinois, is a nonprofit organization dedicated to fostering youth athletics, primarily in the sport of rowing. Their mission is to offer Loyola Academy students an opportunity to embrace the challenge of setting goals and achieving results through the discipline of rowing. They focus on teaching the technical aspects of rowing, emphasizing the importance of teamwork, sportsmanship, and fair play throughout the racing season. The association aims to instill valuable life lessons through this engaging sport.
Official website here: www.loyolaacademycrew.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
Loyola Academy Rowing Association Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored a perfect 100% in its Accountability & Finance metrics, indicating robust management practices and transparency in financial reporting. The most recent fiscal year, FY2023, showcased their dedication to maintaining high standards.
One of the notable strengths of the organization is its governance structure, with a fully independent board consisting of 20 members. This governance is complemented by comprehensive policies in place, including conflict of interest, whistleblower, and document retention policies, all of which have been positively assessed. Their low liabilities to assets ratio of 0.00% further emphasizes their strong financial health.
However, while the organization shows exceptional financial practices, there are no explicit limitations noted in the available data. Their high program expense ratio of 88.04% indicates that the majority of their funds are directed toward their rowing programs, which is a positive aspect for potential donors and supporters considering the impact of their contributions. Overall, these factors contribute to a favorable perception of the Loyola Academy Rowing Association Inc among supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Loyola Academy Rowing Association Inc legitimate?
Loyola Academy Rowing Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loyola Academy Rowing Association 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.loyolaacademycrew.org
What is the mission statement of Loyola Academy Rowing Association Inc?
The Loyola Academy Rowing Association Inc was established with the mission to offer an opportunity for Loyola Academy students to experience the challenge of setting a goal and achieving it, utilizing the challenge of rowing as a medium. This organization aims to teach the technique, skills, and style of rowing, applying these lessons to the races they participate in. The primary goal is to instill the importance of teamwork and promote sportsmanship and fairplay throughout the rowing season, both on and off the boats.
Official website here: www.loyolaacademycrew.org
Who is the CEO of Loyola Academy Rowing Association Inc?
Scott Retelny is the President of Loyola Academy Rowing Association Inc.
Official website here: www.loyolaacademycrew.org
What is the revenue of Loyola Academy Rowing Association Inc?
Loyola Academy Rowing Association Inc's revenue in 2022 was $666,330.
Official website here: www.loyolaacademycrew.org
Who are the executives of Loyola Academy Rowing Association Inc and what are their salaries?
There 62 volunteers at Loyola Academy Rowing Association Inc.
Here are 21 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.loyolaacademycrew.org
Where can I find the form 990 for Loyola Academy Rowing Association Inc?
Loyola Academy Rowing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loyolaacademycrew.org
Learn more at the official website: www.loyolaacademycrew.org
Mission Statement of Loyola Academy Rowing Association Inc
Loyola Academy Rowing Association Inc was established with a mission to provide an opportunity for Loyola Academy students to learn the challenge of setting a goal and achieving the desired results. This is accomplished primarily through the sport of rowing. The association aims to teach the technique, skill, and style of rowing, and apply the lessons learned to the races they enter. The mission of Loyola Academy Rowing Association Inc extends beyond just rowing, as it also emphasizes the necessity of teamwork and encourages sportsmanship and fair play throughout the season, both on and off the boats. The association's mission is to foster the development of young athletes, helping them to grow both personally and as part of a team.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Loyola Academy Rowing Association Inc's impact lies in nurturing youth athletes through the sport of rowing, primarily focusing on students of Loyola Academy. By teaching the technical skills and styles of rowing and instilling the values of teamwork, sportsmanship, and fair play, the association empowers students to set goals and achieve desired results through the challenges presented by the sport. Through this approach, the association not only enhances the physical abilities of the students but also cultivates important life skills that contribute to their overall development.
This information is meant to be a general summary of Loyola Academy Rowing Association 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.
- Investment Income: $6,572
- Program Service Revenue: $553,610
- Gross Receipts: $678,442
Assets and Liabilities:
- Total Assets: $525,972
- Total Liabilities: $0
- Net Assets: $525,972
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SEASON FEES
Revenue
$386,118
SPECIAL REGATTA FEES
Revenue
$114,545
OTHER PROGRAM FEES
Revenue
$40,085
APPAREL SALES
Revenue
$12,862
Organization Details
Founding Year
1988
Phone
(773) 315-1406Principal Officer
Scott Retelny
Main Address
PO Box 599, Glenview, IL, 600250599
Website
www.loyolaacademycrew.orgNTEE Category
Code: O50 - Youth development
If you are a representative of Loyola Academy Rowing Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.