Overview
What is Asgard Fencers?
Asgard Fencers, doing business as The Fencing Center, is a nonprofit organization situated in San Jose, California. Established in 1981, their primary mission is to promote and nurture the art and sport of fencing at local, national, and international levels. The Fencing Center is one of the ten largest clubs in North America, offering lessons in all three fencing weapons: epee, saber, and foil. They strive to foster well-rounded students, emphasizing not only technical skills but also emotional resilience, sportsmanship, teamwork, and life skills. Their facility is among the largest west of the Rockies, equipped with state-of-the-art fencing strips and scoring equipment for members and visiting fencers. The organization's primary expenses are facility costs and salaries. In addition to regular classes, they offer subsidized fencing opportunities for low-income families, waiving class fees for financially identified candidates and having coaches provide volunteer private lessons. The Fencing Center also provides cardio and yoga classes to its students, members, and parents to promote overall health and wellness.
Official website here: www.fencing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star Rating
Asgard Fencers Dba The Fencing Center has received a low rating of 57%, reflecting significant concerns regarding its financial transparency and governance practices. While the organization has an impressive program expense ratio of 80.80%, indicating that a substantial portion of funds is allocated to its programs, it has failed to provide essential financial statements, leading to a considerable penalty in the accountability and finance category.
The organization does demonstrate strengths such as an independent board composition, with 80% of its members being independent, which is crucial for good governance. There are no reported issues of material diversion of assets, suggesting that the organization is managing its resources appropriately. However, the absence of key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about the organization's commitment to ethical standards and accountability.
Overall, while Asgard Fencers shows promise in its programmatic spending, the lack of transparency and essential policies could hinder its effectiveness and trustworthiness. Stakeholders may want to consider these factors when evaluating the organization's operations and overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Asgard Fencers legitimate?
Asgard Fencers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asgard Fencers 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: $87,453
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,977
For more financial information, click here
Official website here: www.fencing.com
What is the mission statement of Asgard Fencers?
Asgard Fencers, operating under the name The Fencing Center, was established as a non-profit organization in 1981 with a mission to promote and develop the art and sport of fencing at a local, regional, national, and international level. Over the years, the club has expanded significantly, becoming one of the ten largest fencing clubs in North America. Their offerings extend beyond just fencing, including cardio and yoga classes for students, members, and parents. Committed to providing the best possible experience, Asgard Fencers ensures a plush, healthy, and safe environment for their fencers, offering instruction in all three weapons: epee, saber, and foil.
Official website here: www.fencing.com
Who is the CEO of Asgard Fencers?
David Johnson is the President of Asgard Fencers.
Official website here: www.fencing.com
What is the revenue of Asgard Fencers?
Asgard Fencers's revenue in 2022 was $557,681.
Official website here: www.fencing.com
Who are the executives of Asgard Fencers and what are their salaries?
The average compensation at Asgard Fencers during 2022 was $21,786. There are 12 employees at Asgard Fencers.
Here are 6 key members and their salaries:
- Compensation: $41,070
- Related: $0
- Other: $0
- Compensation: $42,037
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $4,345
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fencing.com
Where can I find the form 990 for Asgard Fencers?
Asgard Fencers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fencing.com
Learn more at the official website: www.fencing.com
Mission Statement of Asgard Fencers
Asgard Fencers, a non-profit organization with a rich history dating back to 1981, is committed to advancing the art and sport of fencing at various levels. This esteemed club, now recognized as one of the ten largest in North America, started as a small establishment and has since expanded significantly. Asgard Fencers' mission is twofold: to foster the growth of fencing at local, regional, national, and international stages, and to provide an exceptional fencing experience for its members.
The club, dedicated to the three weapons of fencing - epee, saber, and foil - offers more than just fencing lessons. Asgard Fencers goes beyond the sport, providing additional activities such as cardio and yoga classes for the benefit of its students, members, and parents. The organization's ultimate goal is to ensure that every fencer enjoys a top-notch, healthy, and secure fencing experience. Asgard Fencers is a club that truly cares about its fencers' well-being and growth, striving to nurture their skills and passion for the sport at every level.
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Impact
July, 2024
The impact of Asgard Fencers Dba The Fencing Center is significant in the development of the art and sport of fencing at various levels - local, regional, national, and international. The organization focuses on nurturing well-rounded students, emphasizing not only technical and physical skills but also emotional prowess and resilience. By offering training in epee, saber, and foil, they instill values such as sportsmanship, teamwork, emotional mastery, and competitive spirit in their members.
Their large and well-equipped facility in San Jose, CA, provides top-notch fencing infrastructure for its members and visiting fencers, with a commitment to ensuring a high-quality and safe fencing experience. Additionally, the organization's efforts to promote inclusivity are evident through initiatives like providing learn-to-fence classes and supporting low-income families by waiving fees for financially identified candidates. Through these endeavors, Asgard Fencers Dba The Fencing Center makes a meaningful contribution to the fencing community, enabling individuals from all backgrounds to enjoy and benefit from the sport.
This information is meant to be a general summary of Asgard Fencers. 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: $543,881
- Gross Receipts: $557,681
Assets and Liabilities:
- Total Assets: $316,136
- Total Liabilities: $209,713
- Net Assets: $106,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LESSONS AND EXERCISE C
Revenue
$357,632
TOURNAMENT EVENTS
Revenue
$93,947
MEMBERSHIP DUES
Revenue
$92,302
Organization Details
Founding Year
1981
Phone
(408) 298-8230Principal Officer
David Johnson
Main Address
1329 BLOSSOM HILL ROAD, SAN JOSE, CA, 95118
Website
www.fencing.comNTEE Category
Code: N70 - Recreation
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