Overview
What is Berkeley Athletic Fund?
The Berkeley Athletic Fund (BAF) is a charitable organization situated in Berkeley, California. Its primary objective is to raise funds and accept donations to bolster the financial needs of Berkeley High School's student athletes, coaches, and athletic directors. The school district's financial support for athletic teams may not fully cover their expenses, necessitating additional funding for safety equipment, tournament costs, team-building activities, and continuous education for coaches. BAF accomplishes this by hosting annual golf tournaments, along with email campaigns, booster nights, and merchandise sales. The organization's mission is to contribute to the success of the student athletes by providing essential financial support to the athletic department, teams, and coaches.
Official website here: www.berkeleyathleticfund.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Berkeley Athletic Fund has been awarded a Three-Star rating by Charity Navigator, with an overall score of 76%. This rating is based entirely on its accountability and finance metrics, reflecting the organization's commitment to transparency and responsible financial management. The score indicates a solid foundation in financial health, particularly notable in its high program expense ratio of 92.92%, which suggests that the majority of its funds are directed toward programs rather than administrative costs.
Strengths of the organization include a fully independent board, with 100% of its members meeting this criterion, and no reported issues regarding material diversion of assets. The organization also scores well in liability management, maintaining a 0.00% liabilities to assets ratio, which indicates a strong financial position. Furthermore, documentation practices are satisfactory, with meeting minutes being properly recorded and posted on the website.
However, the organization has notable weaknesses, particularly in governance policies. There are missing policies for conflict of interest, whistleblower protection, and document retention, which resulted in zero points in these areas. Addressing these gaps could enhance overall governance and accountability, potentially improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Berkeley Athletic Fund legitimate?
Berkeley Athletic Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berkeley Athletic Fund 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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Official website here: www.berkeleyathleticfund.net
What is the mission statement of Berkeley Athletic Fund?
The Berkeley Athletic Fund's mission is to offer financial assistance to the athletic department, sports teams, and coaches at Berkeley High School. This non-profit organization, through donations and fundraising efforts, aims to cover the expenses that the school district's funding may not fully cover. These expenses include athletic equipment, uniforms, tournament expenses, team building activities, and continuing education for coaches. Additionally, the Berkeley Athletic Fund sponsors an annual golf tournament and seeks revenue through various means such as email campaigns, booster nights, and merchandise sales.
Official website here: www.berkeleyathleticfund.net
Who is the CEO of Berkeley Athletic Fund?
August Fern is the President of Berkeley Athletic Fund.
Official website here: www.berkeleyathleticfund.net
What is the revenue of Berkeley Athletic Fund?
Berkeley Athletic Fund's revenue in 2023 was $475,078.
Official website here: www.berkeleyathleticfund.net
Who are the executives of Berkeley Athletic Fund and what are their salaries?
There 35 volunteers at Berkeley Athletic Fund.
Here are 9 key members and their salaries:
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Official website here: www.berkeleyathleticfund.net
Where can I find the form 990 for Berkeley Athletic Fund?
Berkeley Athletic Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.berkeleyathleticfund.net
Learn more at the official website: www.berkeleyathleticfund.net
Mission Statement of Berkeley Athletic Fund
Berkeley Athletic Fund, as a nonprofit organization, is dedicated to providing financial assistance to the athletic department, sports teams, and coaches at Berkeley High School. Their mission is to bridge the gap between the funds allocated by the school district and the actual expenses required to ensure the safety, success, and representation of the student athletes. The organization contributes annually to the athletic teams' needs, covering costs for essential equipment, uniforms, tournament expenses, team-building activities, and continuing education for coaches. Berkeley Athletic Fund further supports its cause through various fundraising events, such as their annual golf tournament, and additional revenue sources like email campaigns, booster nights, and merchandise sales.
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Impact
July, 2024
The Berkeley Athletic Fund's impact is evident in the increased opportunities and support it provides to Berkeley High School student athletes, coaches, and athletic departments. By accepting donations and seeking funds, the organization ensures that the needs of the athletic teams go beyond what is covered by the school district. This includes financial support for equipment, uniforms, tournament expenses, team-building activities, and professional development for coaches, all essential for the success of student athletes. Through annual fundraising events like a golf tournament, email campaigns, booster nights, and merchandise sales, the Berkeley Athletic Fund effectively enhances the athletic experience for all involved.
This information is meant to be a general summary of Berkeley Athletic Fund. 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 2023.
- Investment Income: $857
- Program Service Revenue: $118,413
- Gross Receipts: $488,172
Assets and Liabilities:
- Total Assets: $536,955
- Total Liabilities: $0
- Net Assets: $536,955
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Camp fees
Revenue
$3,345
Event & merchandise sales
Revenue
$69,036
Tournament fees
Revenue
$9,512
Ultimate reg. fees
Revenue
$36,520
Organization Details
Phone
(510) 928-1757Principal Officer
August Fern
Main Address
PO Box 11525, Berkeley, CA, 94712
Website
www.berkeleyathleticfund.netNTEE Category
Code: N11 - Recreation
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