Overview
What is Osseo Maple Grove Basketball Association?
The Osseo Maple Grove Basketball Association (OMGBA) is a local, nonprofit organization situated in Maple Grove, Minnesota. Their primary focus is on youth basketball, aiming to foster a nurturing environment for young athletes. As an amateur sports club or league, OMGBA's mission is centered around providing opportunities for children to engage in basketball activities, thereby promoting physical fitness, teamwork, and friendly competition. The organization is dedicated to enriching the lives of Maple Grove's youth by offering them a platform where they can develop essential skills and social connections through basketball.
Official website here: www.omgba.net/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating
The Osseo Maple Grove Basketball Association has received a two-star rating from Charity Navigator, indicating room for improvement in its accountability and financial practices. While the organization has a strong majority of independent board members and a high program expense ratio, it lacks in areas such as financial transparency, evidenced by missing financial statements and policies for conflict of interest, whistleblowing, and document retention.
The organization demonstrates a solid commitment to program expenses, with nearly 98% of its funds directed toward its programs. This focus suggests a dedication to fulfilling its mission within the community. However, the absence of critical financial documentation and policies raises concerns about governance and operational transparency, which could hinder donor confidence and long-term sustainability.
Overall, while the Osseo Maple Grove Basketball Association shows strengths in independent governance and program spending, the noted deficiencies in financial reporting and policies warrant attention and improvement to enhance accountability and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Osseo Maple Grove Basketball Association legitimate?
Osseo Maple Grove Basketball Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Osseo Maple Grove Basketball Association 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.
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Executive Compensation: $0
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.omgba.net/
What is the mission statement of Osseo Maple Grove Basketball Association?
The Osseo Maple Grove Basketball Association, serving as an amateur sports club or league, is dedicated to promoting youth basketball. Their mission is centered around providing a platform for young individuals to engage in the sport, fostering a love for basketball and its associated skills. The association's primary focus is on nurturing the talent and passion for the game among the youth, ensuring a vibrant and inclusive basketball community.
Official website here: www.omgba.net/
Who is the CEO of Osseo Maple Grove Basketball Association?
Jim Davison is the Director of Osseo Maple Grove Basketball Association. The CEO's salary of Osseo Maple Grove Basketball Association is $0 and their total compensation is $0.
Official website here: www.omgba.net/
What is the revenue of Osseo Maple Grove Basketball Association?
Osseo Maple Grove Basketball Association's revenue in 2023 was $688,923.
Official website here: www.omgba.net/
Who are the executives of Osseo Maple Grove Basketball Association and what are their salaries?
There 450 volunteers at Osseo Maple Grove Basketball Association.
Here are 40 key members and their salaries (Osseo Maple Grove Basketball Association's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.omgba.net/
Where can I find the form 990 for Osseo Maple Grove Basketball Association?
Osseo Maple Grove Basketball Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.omgba.net/
Learn more at the official website: www.omgba.net/
Mission Statement of Osseo Maple Grove Basketball Association
The Osseo Maple Grove Basketball Association, as an amateur sports organization, is dedicated to the mission of promoting youth basketball. This nonprofit is committed to fostering a positive and inclusive environment for young individuals, providing them with the opportunity to engage in and learn the sport of basketball. By focusing on youth basketball, the association aims to contribute to the overall development of the children, both physically and mentally. The Osseo Maple Grove Basketball Association serves as a platform where young athletes can hone their skills, build teamwork, and gain valuable experiences that extend beyond the court.
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Impact
July, 2024
The Osseo Maple Grove Basketball Association has a significant impact on the youth basketball community in Maple Grove, MN. Through its programming and activities, OMGBA provides young athletes with opportunities to develop their skills, build confidence, and foster a love for the game of basketball. By offering organized leagues, clinics, and training sessions, OMGBA contributes to the physical, social, and emotional development of children in the area. Additionally, the association helps promote teamwork, sportsmanship, and healthy competition among participants, creating a positive and inclusive environment for young athletes to thrive. Overall, OMGBA plays a crucial role in shaping the next generation of basketball players and fostering a sense of community and camaraderie among its members.
This information is meant to be a general summary of Osseo Maple Grove Basketball Association. 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 2023.
- Investment Income: $3,818
- Program Service Revenue: $685,105
- Gross Receipts: $688,923
Assets and Liabilities:
- Total Assets: $1,420,518
- Total Liabilities: $0
- Net Assets: $1,420,518
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$685,105
Organization Details
Founding Year
1976
Phone
(763) 516-1763Principal Officer
Jim Davison
Main Address
PO BOX 1764, MAPLE GROVE, MN, 55311
Website
www.omgba.net/NTEE Category
Code: N62Z - Recreation
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