Overview
What is Minnesota State High School League Foundation?
The Minnesota State High School League Foundation is a nonprofit association situated in Brooklyn Center, Minnesota. With a modest workforce of three individuals, its mission is to bolster the participation of high school students in extra-curricular activities, specifically in athletics and fine arts. By awarding grants, the Foundation seeks to ensure equitable access to these programs, taking into account factors such as gender balance, school size, and geographic location. In fiscal year 2022, the Foundation approved 279 grants, demonstrating its commitment to supporting the growth and development of Minnesota's high school youth through these enriching activities.
Official website here: www.mshslfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating
The Minnesota State High School League Foundation has received an 88% rating from Charity Navigator, reflecting a strong performance in accountability and finance. This rating is based entirely on their Accountability & Finance score, indicating a solid management of resources and transparency with their operations. The foundation benefits from 100% independent board members and has successfully maintained a low liabilities-to-assets ratio, showcasing financial stability.
Strengths highlighted in the evaluation include a well-structured board and high program expense ratio, which suggests that the majority of funds are allocated directly to programs rather than administrative costs. However, there are some areas for improvement. Notably, the foundation lacks certain policies, such as a whistleblower policy and document retention guidelines, which are important for maintaining organizational integrity and accountability.
While the foundation demonstrates effective financial practices and strong governance, the absence of some key policies may raise concerns about their commitment to transparency and operational best practices. Overall, the Minnesota State High School League Foundation is recognized for its solid financial health and commitment to supporting high school athletics in Minnesota, but it could enhance its governance by addressing the noted deficiencies.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota State High School League Foundation legitimate?
Minnesota State High School League Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota State High School League Foundation 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: $6,404
For more financial information, click here
Official website here: www.mshslfoundation.org
What is the mission statement of Minnesota State High School League Foundation?
The Minnesota State High School League Foundation, as a nonprofit association, aims to enhance the experiences of high school students by supporting their involvement in extracurricular activities, such as athletics and fine arts. This mission is carried out with the objective of fostering the personal growth of these students. The foundation works in collaboration with both public and private schools, serving as a complement to the Minnesota State High School League. The primary goal is to provide the necessary resources that enable high school youth to participate in these enriching activities.
Official website here: www.mshslfoundation.org
Who is the CEO of Minnesota State High School League Foundation?
Richard Matter is the Director Of Finance of Minnesota State High School League Foundation.
Official website here: www.mshslfoundation.org
What is the revenue of Minnesota State High School League Foundation?
Minnesota State High School League Foundation's revenue in 2022 was $1,016,632.
Official website here: www.mshslfoundation.org
Who are the executives of Minnesota State High School League Foundation and what are their salaries?
The average compensation at Minnesota State High School League Foundation during 2022 was $2,135. There are 3 employees and 11 volunteers at Minnesota State High School League Foundation.
Here are 12 key members and their salaries:
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Official website here: www.mshslfoundation.org
Where can I find the form 990 for Minnesota State High School League Foundation?
Minnesota State High School League Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mshslfoundation.org
Learn more at the official website: www.mshslfoundation.org
Mission Statement of Minnesota State High School League Foundation
The Minnesota State High School League Foundation, a nonprofit association, serves both public and private schools with the primary aim of complementing the Minnesota State High School League (MSHSL). Established with a mission, this organization seeks to provide support for Minnesota's high school students, enabling them to engage in enriching extra-curricular activities in athletics and fine arts. The ultimate goal of the Minnesota State High School League Foundation is to foster the personal growth and development of these students through their involvement in these valuable extracurricular activities. By doing so, the organization aims to contribute positively to their overall well-being and academic success.
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Impact
October, 2024
The Minnesota State High School League Foundation significantly impacts high school students across Minnesota by enhancing their opportunities to participate in athletic and fine arts programs. By awarding grants aimed at promoting gender balance, accommodating various school sizes, and considering geographic diversity, the Foundation supports the involvement of a wide range of students in extracurricular activities.
In fiscal year 2022 alone, the Foundation awarded 279 grants, which helped recognize, promote, and fund participation in these vital programs. This investment not only facilitates personal growth and development through sports and the arts but also fosters community engagement and healthy competition among students. By emphasizing the importance of extracurricular participation, the Foundation plays a crucial role in shaping well-rounded individuals who benefit from collaboration, teamwork, and creative expression.
This information is meant to be a general summary of Minnesota State High School League Foundation. 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: -$996
- Gross Receipts: $1,016,632
Assets and Liabilities:
- Total Assets: $1,157,325
- Total Liabilities: $6,350
- Net Assets: $1,150,975
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Organization Details
Founding Year
2007
Phone
(763) 560-2262Principal Officer
Richard Matter
Main Address
2100 Freeway Blvd, Brooklyn Center, MN, 55430
Website
www.mshslfoundation.orgNTEE Category
Code: T30 - Philanthropy
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