Overview
What is Edison Community & Sports Foundation?
The Edison Community & Sports Foundation, located at 4215 White Bear Pkwy 100, St. Paul, MN 55110, is a nonprofit organization dedicated to inspiring and supporting youth from Edison High Schools. Their primary mission involves offering scholarships, athletic equipment, and various sports-related activities to encourage young individuals to excel via athletics. By providing these resources, the foundation aims to empower students, fostering their personal growth and facilitating their pursuit of higher education. With a team of 15 dedicated individuals, the Edison Community & Sports Foundation plays a significant role in nurturing the aspirations and talents of its community's youth.
Official website here: www.edisonsportsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
The Edison Community & Sports Foundation has earned a Three-Star rating from Charity Navigator, reflecting a moderate level of accountability and finance management. The overall score is derived solely from the Accountability & Finance beacon, where the foundation scored 76%. This rating highlights the organization’s commitment to maintaining a majority independent board and a favorable liabilities to assets ratio, which indicates good financial health.
Strengths of the foundation include its fully independent board with 26 members and no instances of material asset diversion. Additionally, a significant program expense ratio of 86.75% suggests that the majority of funds are directed towards its mission-related programs. These factors contribute positively to its overall score and underlie the foundation's operational integrity.
However, there are notable limitations in its governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policy reflects areas where the foundation could improve its accountability practices. Addressing these gaps may enhance its overall rating and strengthen stakeholder trust in the organization’s governance.
This AI summary has been generated from information found on Charity Navigator.
Is Edison Community & Sports Foundation legitimate?
Edison Community & Sports Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edison Community & Sports 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: $6,300
For more financial information, click here
Official website here: www.edisonsportsfoundation.org
What is the mission statement of Edison Community & Sports Foundation?
The Edison Community & Sports Foundation's mission is centered around encouraging youth participation in athletics and providing scholarships for students aiming for higher education. To achieve this, the foundation offers scholarships, athletic equipment, and various sports-related activities to students from Edison High Schools. By doing so, the foundation aims to motivate these young individuals to further their personal growth through athletic involvement.
Official website here: www.edisonsportsfoundation.org
Who is the CEO of Edison Community & Sports Foundation?
Mike Iacarella is the Gambling Manager of Edison Community & Sports Foundation.
Official website here: www.edisonsportsfoundation.org
What is the revenue of Edison Community & Sports Foundation?
Edison Community & Sports Foundation's revenue in 2022 was $38,293.
Official website here: www.edisonsportsfoundation.org
Who are the executives of Edison Community & Sports Foundation and what are their salaries?
The average compensation at Edison Community & Sports Foundation during 2022 was $420. There are 15 employees and 15 volunteers at Edison Community & Sports Foundation.
Here are 28 key members and their salaries:
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Official website here: www.edisonsportsfoundation.org
Where can I find the form 990 for Edison Community & Sports Foundation?
Edison Community & Sports Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edisonsportsfoundation.org
Learn more at the official website: www.edisonsportsfoundation.org
Mission Statement of Edison Community & Sports Foundation
The Edison Community & Sports Foundation is committed to encouraging youth participation in athletics and providing scholarships for students aiming to pursue higher education. This nonprofit organization's mission is twofold: firstly, it aims to motivate young individuals attending Edison high schools to engage in sports, fostering personal growth and development. Secondly, it offers scholarships as well as provides athletic equipment and other related activities to support these students in furthering their education. By engaging in sports and receiving financial aid, these young individuals are given the opportunity to excel beyond their high school years, setting them on a path towards personal success.
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Impact
August, 2024
Edison Community & Sports Foundation's impact can be seen in the positive influence it has on the youth in St. Paul, MN. By encouraging participation in athletics and providing scholarships for higher education, the foundation is instrumental in motivating students to excel both on the field and in academics. Through youth programs, scholarships, and the provision of athletic equipment, the foundation helps empower students at Edison High Schools to reach their full potential and further themselves through sports. This dedication to supporting the local community showcases the foundation's commitment to shaping the future leaders of tomorrow.
This information is meant to be a general summary of Edison Community & Sports 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: $2,523
- Gross Receipts: $1,541,243
Assets and Liabilities:
- Total Assets: $518,617
- Total Liabilities: $3,767
- Net Assets: $514,850
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Organization Details
Founding Year
1984
Phone
(651) 638-4638Principal Officer
Mike Iacarella
Main Address
4215 WHITE BEAR PKWY 100, ST PAUL, MN, 55110
NTEE Category
Code: N60 - Recreation
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