Overview
What is Msu Beaver Boosters Inc?
Msu Beaver Boosters Inc, located in Minot, North Dakota, serves as a nonprofit organization primarily focused on supporting and promoting athletics at Minot State University. Their mission is to provide financial aid through athletic scholarships for outstanding students who excel both in competition and academics. By doing so, they aim to foster the growth and development of the university's athletic program. Based at 500 University Avenue West, the organization is an integral part of the Minot State University community, contributing to the overall success and recognition of its athletes.
Official website here: www.msubeavers.com/boosters.html
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Msu Beaver Boosters Inc has achieved a solid Three-Star rating from Charity Navigator, reflecting a commendable overall score of 81%. This rating is derived from a single beacon score focused on Accountability & Finance, which indicates that the organization is performing well in its financial management and transparency practices.
Strengths of Msu Beaver Boosters Inc include a high level of accountability, with 77% of board members being independent, and a fully compliant approach to numerous governance policies such as conflict of interest and whistleblower protections. Furthermore, the organization demonstrates excellent financial health with a low liabilities to assets ratio of 9.65% and an impressive program expense ratio of 91.19%, suggesting that a significant portion of its resources is dedicated to its mission-driven programs.
However, while the organization scores well in accountability and finance, it's important for potential donors and stakeholders to consider other aspects such as program effectiveness and community impact, which are not covered in this financial-focused rating. Overall, Msu Beaver Boosters Inc appears to maintain a strong commitment to financial integrity and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Msu Beaver Boosters Inc legitimate?
Msu Beaver Boosters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Msu Beaver Boosters 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: $0
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.msubeavers.com/boosters.html
What is the mission statement of Msu Beaver Boosters Inc?
The mission of Msu Beaver Boosters Inc, a supportive club, is primarily focused on helping and promoting athletics at Minot State University. They accomplish this by providing financial aid in the form of scholarships to exceptional students who excel both in their academic pursuits and on the athletic field. This funding aids full-time students of Minot State University, thereby encouraging and nurturing their athletic abilities.
Official website here: www.msubeavers.com/boosters.html
Who is the CEO of Msu Beaver Boosters Inc?
Rick Hedberg is the Director of Msu Beaver Boosters Inc.
Official website here: www.msubeavers.com/boosters.html
What is the revenue of Msu Beaver Boosters Inc?
Msu Beaver Boosters Inc's revenue in 2022 was $1,205,468.
Official website here: www.msubeavers.com/boosters.html
Who are the executives of Msu Beaver Boosters Inc and what are their salaries?
There 15 volunteers at Msu Beaver Boosters Inc.
Here are 10 key members and their salaries:
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- Related: $8,120
- Other: $22
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- Related: $59,242
- Other: $25,442
Official website here: www.msubeavers.com/boosters.html
Where can I find the form 990 for Msu Beaver Boosters Inc?
Msu Beaver Boosters Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.msubeavers.com/boosters.html
Learn more at the official website: www.msubeavers.com/boosters.html
Mission Statement of Msu Beaver Boosters Inc
Msu Beaver Boosters Inc, a renowned organization, is dedicated to supporting and promoting athletics at Minot State University. Their primary mission is to provide financial aid in the form of scholarships to exceptional students who excel in both athletic competitions and academic pursuits. By offering these scholarships, the Beaver Booster Club aims to empower and encourage students to continue their athletic and academic journeys. The club's contributions not only help deserving students financially but also foster a sense of pride and commitment towards the university's athletic program.
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Impact
October, 2024
Msu Beaver Boosters Inc plays a vital role in enhancing the athletic programs at Minot State University. By providing financial support for athletic scholarships, the organization helps student-athletes who excel both in their sports and academics. This support not only fosters a competitive environment but also encourages personal development and achievement among the athletes.
Through its funding, Msu Beaver Boosters Inc enables talented individuals to pursue their educational goals while competing at a high level. The impact is felt not only on the field but also in the classroom, as these scholarships motivate students to maintain their academic performance. This holistic approach reinforces the values of teamwork, dedication, and perseverance, contributing positively to the university community and beyond. Overall, Msu Beaver Boosters Inc significantly enriches the athletic landscape at Minot State University, empowering students to reach their potential in both athletics and education.
This information is meant to be a general summary of Msu Beaver Boosters 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 2022.
- Investment Income: $2,902
- Gross Receipts: $2,641,393
Assets and Liabilities:
- Total Assets: $748,448
- Total Liabilities: $103,538
- Net Assets: $644,910
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Organization Details
Founding Year
1960
Phone
(701) 858-3368Principal Officer
Rick Hedberg
Main Address
500 UNIVERSITY AVENUE WEST, MINOT, ND, 587070001
NTEE Category
Code: T30Z - Philanthropy
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