Overview
What is Crossett Riding Club?
Crossett Riding Club is a community-based organization situated in Crossett, Arkansas. As an amateur sports club or league, its primary objective is to offer scholarships to individuals in need. This nonprofit entity is committed to providing financial assistance to help individuals further their education, thereby contributing to the overall development of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Crossett Riding Club has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The organization scored a perfect 100% in several key areas, including having an entirely independent board and no material diversion of assets. This indicates a strong commitment to ethical governance and financial stewardship.
The club's financial practices are noteworthy, with a program expense ratio of 100%, meaning that all of its expenditures are directed towards program services. The organization also maintains comprehensive policies for conflict of interest, whistleblower protection, and document retention, which further reinforces its dedication to transparency and responsible management.
While the rating is highly positive, it is important for potential supporters to consider the organization's overall mission and impact in the community. However, based on the available data, Crossett Riding Club exhibits a robust framework of accountability and fiscal responsibility, making it a trustworthy option for donations and support.
This AI summary has been generated from information found on Charity Navigator.
Is Crossett Riding Club legitimate?
Crossett Riding Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crossett Riding Club 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
What is the mission statement of Crossett Riding Club?
The Crossett Riding Club, being an amateur sports organization, is dedicated to providing scholarships as part of its mission. This mission serves to support individuals in their educational pursuits, demonstrating the club's commitment to giving back to the community. The club's activities primarily focus on this mission, aiming to make a positive impact on the lives of those in need of financial aid for their education. While the specific details of the scholarship program are not provided, it is clear that the Crossett Riding Club is committed to this cause.
Who is the CEO of Crossett Riding Club?
Marty Ofallon is the President of Crossett Riding Club.
What is the revenue of Crossett Riding Club?
Crossett Riding Club's revenue in 2022 was $101,502.
Who are the executives of Crossett Riding Club and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Crossett Riding Club?
Crossett Riding Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Crossett Riding Club
Crossett Riding Club, an amateur sports organization, is committed to its mission of providing scholarships. This mission statement signifies the club's dedication to supporting individuals, potentially in the field of equestrian sports or other areas, by offering financial aid. By providing scholarships, Crossett Riding Club aims to help deserving individuals pursue their goals and aspirations, fostering personal growth and development. The club's philanthropic mission underscores its commitment to giving back to the community and contributing to the betterment of individuals' lives.
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Impact
October, 2024
Crossett Riding Club significantly impacts the community by providing scholarships that support local youth in pursuing their passions in equestrian sports. This initiative fosters skill development, teamwork, and discipline among participants, empowering them to excel both inside and outside the arena. By promoting access to education through these scholarships, the club enhances opportunities for young individuals in Crossett, AR, ultimately contributing to their personal and academic growth. The encouragement of amateur sports also strengthens community ties, creating a supportive environment where members can thrive and share their love for riding.
This information is meant to be a general summary of Crossett Riding Club. 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.
- Gross Receipts: $101,502
Assets and Liabilities:
- Total Assets: $74,015
- Total Liabilities: $0
- Net Assets: $74,015
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Organization Details
Founding Year
1948
Principal Officer
Marty Ofallon
Main Address
PO BOX 1720, CROSSETT, AR, 71635
NTEE Category
Code: B82 - Education
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