Overview
What is Spokane Valley Hub?
Spokane Valley Hub is a nonprofit organization situated in Greenacres, Washington. It serves as a community recreational facility, primarily catering to youth sports, offering practice areas and tournaments. Approximately 150,000 young individuals benefit from its services. The organization's mission is to unite various sectors – faith, business, sports, education, and government – with the goal of fostering a secure environment, imparting essential life skills, and ensuring a promising future. It empowers individuals from diverse backgrounds, all driven by a shared purpose, to positively impact the community. The nonprofit employs a team of 33 dedicated individuals to achieve its objectives.
Official website here: www.hubsportscenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Spokane Valley Hub has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement, with an overall score of 73%. While the nonprofit demonstrates strong accountability in terms of having a majority of independent board members and maintaining a low liabilities to assets ratio, there are significant gaps in its financial transparency. The absence of financial statements and key policies, such as a whistleblower policy and document retention procedures, detracts from its overall accountability score.
Despite its shortcomings in financial documentation, the Spokane Valley Hub allocates a commendable 78.48% of its expenses directly to its programs, reflecting a focus on its mission. The organization also scores well in aspects of governance, with an independent board composed entirely of independent members and well-documented board meeting minutes. However, the lack of posting essential documents, like tax forms, on its website raises concerns about its commitment to transparency.
Overall, while the Spokane Valley Hub showcases strengths in program expense allocation and governance structure, the nonprofit must address its transparency and policy deficiencies to improve its standing and trust with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Spokane Valley Hub legitimate?
Spokane Valley Hub is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spokane Valley Hub 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: $116,260
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,376
For more financial information, click here
Official website here: www.hubsportscenter.org
What is the mission statement of Spokane Valley Hub?
The Spokane Valley Hub's mission is to bridge the gaps between faith, business, sports, education, and government communities. By bringing together individuals from diverse backgrounds, empowered by faith, they aim to create a secure future and provide a safe environment for youth. Their primary objective is to equip young individuals with essential life skills. Their activities primarily revolve around providing a platform for youth sports, serving approximately 150,000 young participants.
Official website here: www.hubsportscenter.org
Who is the CEO of Spokane Valley Hub?
Ken Vansickle is the Board Member of Spokane Valley Hub.
Official website here: www.hubsportscenter.org
What is the revenue of Spokane Valley Hub?
Spokane Valley Hub's revenue in 2022 was $979,385.
Official website here: www.hubsportscenter.org
Who are the executives of Spokane Valley Hub and what are their salaries?
The average compensation at Spokane Valley Hub during 2022 was $8,444. There are 33 employees and 100 volunteers at Spokane Valley Hub.
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Official website here: www.hubsportscenter.org
Where can I find the form 990 for Spokane Valley Hub?
Spokane Valley Hub's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hubsportscenter.org
Learn more at the official website: www.hubsportscenter.org
Mission Statement of Spokane Valley Hub
Spokane Valley Hub, a community-driven organization, aims to unite various sectors such as faith, business, sports, education, and government. Their mission is to establish a conducive environment, equip individuals with essential life skills, and ensure a secure future for both youth and the community at large. By bringing together individuals with diverse backgrounds, empowered by their faith, Spokane Valley Hub encourages collaboration and collective action to positively impact their community. The organization provides a safe space where these diverse groups can work together, fostering unity and promoting a sense of community. Through their initiatives, they serve approximately 150,000 youth, offering opportunities for youth sports practice and tournaments.
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Impact
October, 2024
Spokane Valley Hub plays a crucial role in enhancing the community by connecting the faith, business, sports, education, and government sectors. This collaboration fosters a safe environment while equipping youth with essential life skills needed for a secure future. With a community recreational facility that hosts youth sports practices and tournaments, the Hub has served approximately 150,000 young people, providing them with opportunities to engage in positive and constructive activities.
By bringing together individuals from diverse backgrounds, the Hub empowers them to work collectively towards making a meaningful impact. This initiative not only supports youth development through sports but also strengthens community bonds, encouraging teamwork and inclusivity. The Hub's dedication to creating a safe and supportive atmosphere is pivotal in shaping a brighter future for the youth and the broader community in Greenacres, WA.
This information is meant to be a general summary of Spokane Valley Hub. 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: $7,189
- Program Service Revenue: $492,188
- Gross Receipts: $979,385
Assets and Liabilities:
- Total Assets: $7,097,870
- Total Liabilities: $1,480
- Net Assets: $7,096,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rentals
Revenue
$288,261
Program Income
Revenue
$203,927
Organization Details
Founding Year
2007
Phone
(509) 927-0602Principal Officer
Ken Vansickle
Main Address
PO Box 604, Greenacres, WA, 99016
Website
www.hubsportscenter.orgNTEE Category
Code: N30 - Recreation
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