Overview
What is Gallatin Ice Foundation Inc?
Gallatin Ice Foundation Inc, based in Bozeman, Montana, serves as a nonprofit organization with a mission to offer ice skating experiences to individuals of all ages and abilities. Established at PO Box 6414, this foundation is committed to providing affordable opportunities for hockey, figure skating, and recreational ice skating to the wider Gallatin valley community. With a team of 36 dedicated individuals, Gallatin Ice Foundation Inc strives to bring enjoyment and pleasure to both young and old, regardless of their skill level.
Official website here: www.gallatinicefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Gallatin Ice Foundation Inc has received a 73% rating from Charity Navigator, reflecting some notable strengths in its governance and financial practices. The organization has a fully independent board and demonstrates strong adherence to accountability standards, particularly in areas like asset management and conflict of interest policies. A significant portion of its funding is allocated directly to programs, indicated by an impressive program expense ratio of 85.88%.
However, the organization has some weaknesses that impact its overall rating. Notably, it lacks policies related to whistleblower protections and document retention, which are critical for transparency and accountability. These deficiencies suggest areas where the foundation could improve its governance practices to better serve its mission and stakeholders.
Overall, while the Gallatin Ice Foundation Inc shows strong financial management and governance in several respects, addressing its limitations will be essential for enhancing its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Gallatin Ice Foundation Inc legitimate?
Gallatin Ice Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gallatin Ice Foundation 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: $103,728
Professional Fundraising Fees: $90,586
Other Salaries and Wages: $622,277
For more financial information, click here
Official website here: www.gallatinicefoundation.org
What is the mission statement of Gallatin Ice Foundation Inc?
The Gallatin Ice Foundation Inc's mission is centered around offering enjoyable and affordable ice skating experiences to the broader Gallatin valley community. This encompasses various activities such as hockey, figure skating, and recreational ice skating, catering to individuals of all ages and skill levels. The foundation's primary goal is to provide an accessible platform for ice skating, ensuring that it remains a source of entertainment and recreation for the community.
Official website here: www.gallatinicefoundation.org
Who is the CEO of Gallatin Ice Foundation Inc?
Tyler Carneal is the Philanthropy Director of Gallatin Ice Foundation Inc.
Official website here: www.gallatinicefoundation.org
What is the revenue of Gallatin Ice Foundation Inc?
Gallatin Ice Foundation Inc's revenue in 2023 was $2,822,518.
Official website here: www.gallatinicefoundation.org
Who are the executives of Gallatin Ice Foundation Inc and what are their salaries?
The average compensation at Gallatin Ice Foundation Inc during 2023 was $20,167. There are 36 employees and 70 volunteers at Gallatin Ice Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $103,728
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Official website here: www.gallatinicefoundation.org
Where can I find the form 990 for Gallatin Ice Foundation Inc?
Gallatin Ice Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gallatinicefoundation.org
Learn more at the official website: www.gallatinicefoundation.org
Mission Statement of Gallatin Ice Foundation Inc
Gallatin Ice Foundation Inc, a nonprofit organization, is committed to offering the greater community in Gallatin valley enjoyable and budget-friendly ice skating experiences. This encompasses a variety of activities such as hockey, figure skating, and recreational skating, catering to individuals of all ages and skill levels. The foundation's mission is to ensure that citizens, both young and old, have the opportunity to engage in these activities, fostering a sense of joy and camaraderie. By providing these ice skating opportunities, Gallatin Ice Foundation Inc aims to contribute to the overall well-being and entertainment of the community.
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Impact
October, 2024
Gallatin Ice Foundation Inc significantly enhances the quality of life in the greater Gallatin Valley community by offering accessible and enjoyable ice skating opportunities. By providing programs that accommodate individuals of all ages, abilities, and skill levels, the foundation fosters a sense of inclusivity and community engagement.
Through various activities such as hockey, figure skating, and recreational ice skating, Gallatin Ice Foundation Inc promotes physical activity and helps cultivate a culture of health and wellness. The foundation's affordable options ensure that ice skating is accessible to everyone, making it possible for families to participate in recreational activities together and for aspiring athletes to develop their skills in a supportive environment.
In addition to individual benefits, these programs contribute to building community bonds, creating social connections among participants, and promoting teamwork and sportsmanship. Overall, Gallatin Ice Foundation Inc plays a vital role in enriching the community by providing fun, affordable, and diverse ice skating experiences for all.
This information is meant to be a general summary of Gallatin Ice Foundation 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 2023.
- Investment Income: $235
- Program Service Revenue: $1,958,456
- Gross Receipts: $3,043,980
Assets and Liabilities:
- Total Assets: $6,815,641
- Total Liabilities: $2,408,233
- Net Assets: $4,407,408
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Adult tournaments
Revenue
$65,210
Ice rental
Revenue
$231,295
Registration fees
Revenue
$1,194,332
Skating programs
Revenue
$203,893
Youth tournaments
Revenue
$129,521
Organization Details
Founding Year
2006
Phone
(406) 223-5885Principal Officer
Tyler Carneal
Main Address
PO BOX 6414, BOZEMAN, MT, 59771
NTEE Category
Code: T31 - Philanthropy
If you are a representative of Gallatin Ice Foundation 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.