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Hfc United

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264350233 ✦ Hastings, MN ✦ Designated as a 501(c)(3)

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Overview

What is Hfc United?

Hfc United is a nonprofit organization based in Hastings, Minnesota, specifically at PO Box 596. With a small team of three dedicated individuals, they provide a youth soccer program in and around the Hastings community. Their primary source of income comes from fundraisers and registration fees, as they do not receive any grants. Hfc United is committed to fostering personal growth for all its members, including players, coaches, referees, managers, and parents, at all levels of participation. Their mission is to offer a top-notch soccer program that encourages each individual's full potential.


Official website here: www.hfcsoccer.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star Rating

Hfc United has received an overall rating of 83%, reflecting a strong performance primarily in the Accountability & Finance category. This high score indicates that the organization is well-managed and demonstrates a commitment to transparency and responsible financial practices. Notably, the organization boasts 100% independent board members and a high program expense ratio of 95.36%, suggesting that a significant portion of funds are directed towards its mission-related activities.

However, there are some areas where Hfc United could improve. Notably, the charity lacks a whistleblower policy and a document retention and destruction policy, both of which are important for maintaining governance and accountability standards. This absence could pose risks in terms of organizational oversight and legal compliance.

In summary, while Hfc United shows strong financial health and a commitment to its programs, addressing the gaps in its governance policies would enhance its overall accountability and effectiveness. Continued focus on these areas will help build greater trust with donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Hfc United legitimate?

Hfc United is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hfc United 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


Official website here: www.hfcsoccer.org

What is the mission statement of Hfc United?

Hfc United, as a non-profit organization, is dedicated to delivering high-quality soccer programs. Their primary focus is on the development of each member, including players, coaches, referees, managers, and parents, ensuring they reach their full potential at all levels of participation. The organization strives to provide a youth soccer program, with all income derived from fundraisers and registration fees, as they do not receive any grants.


Official website here: www.hfcsoccer.org

What is the revenue of Hfc United?

Hfc United's revenue in 2023 was $192,152.


Official website here: www.hfcsoccer.org

Who are the executives of Hfc United and what are their salaries?

The average compensation at Hfc United during 2023 was $13,493. There are 3 employees at Hfc United.

Here are 2 key members and their salaries:


Brent Molitor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Halberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hfcsoccer.org

Where can I find the form 990EZ for Hfc United?

Hfc United's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.hfcsoccer.org

Learn more at the official website: www.hfcsoccer.org

Mission Statement of Hfc United

Hfc United, a non-profit organization, is dedicated to delivering high-quality soccer programs in the community surrounding Hastings. Their primary objective is to foster the growth and development of each member, regardless of their role – whether as a player, coach, referee, manager, or parent – to their fullest potential at all levels of participation. By providing a youth soccer program, Hfc United aims to contribute positively to the community, with all income derived from fundraisers and registration fees. The organization does not receive any grants, demonstrating its reliance on the support and involvement of its community members.

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Impact




October, 2024

Hfc United significantly impacts the Hastings community by fostering a high-quality youth soccer program that emphasizes personal and athletic development. Through its commitment to cultivating not just players but also coaches, referees, managers, and parents, Hfc United creates a supportive environment that encourages growth and teamwork at all levels of participation.

By focusing on the holistic development of each member, the organization promotes essential life skills such as leadership, communication, and resilience, benefiting the participants both on and off the field. The program is a catalyst for community engagement, bringing families together and creating a shared sense of belonging through soccer.

Additionally, Hfc United operates solely on the financial support derived from fundraising and registration fees, ensuring that every dollar goes toward enhancing the quality of its offerings. This grassroots approach enables the program to remain accessible and focused on the needs of the local players and their families. Overall, Hfc United plays a vital role in nurturing future athletes and building a strong, connected community through the love of soccer.




This information is meant to be a general summary of Hfc United. 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.

Revenue
$192,152 (2023)
Expenses
$211,032 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $41
  • Program Service Revenue: $187,618
  • Gross Receipts: $192,152

Assets and Liabilities:

  • Total Assets: $271,719
  • Total Liabilities: -$2,982
  • Net Assets: $274,701

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGISTRATION INCOME
0

Revenue

$152,616

GRANTS
0

Revenue

$21,000

SPONSORSHIP INCOME
0

Revenue

$4,500

DONATIONS/FUNDRAISING
0

Revenue

$1,872

Organization Details

Founding Year

2008

Principal Officer

Brent Molitor

NTEE Category

Code: N64 - Recreation

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